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How to Buy Nuvei Stock

Nuvei Corp

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific.

Nuvei stock last closed at $32.16, up 0.19% from the previous day, and has increased 6.31% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.07 percentage points. Nuvei stock is currently +141.44% from its 52-week low of $13.32, and -14.03% from its 52-week high of $37.41.

As of Jun 12, 2024, there are 139.68M shares of NVEI outstanding. The market capitalization of NVEI is $4.49B. In the past 24 hours, 745,691 NVEI shares were traded.

How to Buy Nuvei Stock

Not sure how to invest in Nuvei stock? Here's how.
  1. Choose where to buy Nuvei stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Nuvei stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Choose your payment method and add your details.
  4. Evaluate Nuvei stock: The Nuvei ticker symbol is NVEI. Is Nuvei stock a good investment? Should you buy shares of NVEI? How do NVEI's underlying business fundamentals look? Do top analysts think Nuvei is a good buy? Why has NVEI's stock price moved recently? (Hint: Our stock research tools can help you understand if NVEI is a good stock to buy).
  5. Make your NVEI trade: Decide if you will purchase NVEI shares at the current market price or use a limit order to purchase NVEI stock at a given price.
  6. Keep tabs on your NVEI position: Create a watchlist to track your investment in Nuvei stock.

Step 1: Choose where to buy Nuvei stock

You need an online brokerage account in order to access the NASDAQ market and buy NVEI shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy NVEI stock today.

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Step 3: Fund your investment account

Now that you've finished signing up on apps for stocks, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of depositing money into your new investment account.

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Step 4: Evaluate Nuvei stock

After you have chosen the best place to buy Nuvei stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk and upside.

Nuvei shares data

NVEI Price
$32.16
1w %
-0.12%
1y %
6.31%
5y %
N/A
P/E
-804x
P/B
2.2x
P/S
3.54x
PEG
N/A
Revenue
$1.27B
Earnings
-$4.92M
Fore. Rev. Growth
12.3%
Fore. Earn. Growth
N/A
Market Cap
$4.49B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

Nuvei Due Diligence Checks

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.

You can see all of the due diligence checks on NVEI's stock page.

Is NVEI stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge NVEI's true value.

Using relative valuations ratios:

  • NVEI may be undervalued based on its P/B ratio of 2.2x, relative to Software - Infrastructure industry P/B ratio of 12.32x

You can access more valuation analysis on NVEI's stock here.

NVEI Financial Health

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the NVEI balance sheet.
  • There are more short-term assets than short-term liabilities on the NVEI balance sheet.

Failed Financial Due Diligence Checks:

  • NVEI earnings of $145.60M is not sufficient to cover its interest payments.
  • NVEI has a relatively high debt to equity ratio of 1.64.
  • NVEI's operating cash flow of $221.95M allows it to safely service it's debt of $1.26B.
  • NVEI profit margin has gone down from 5% to -0.4% in the past year.

Is it a good time to buy NVEI stock, according to analysts?

Out of 12 Equities analysts who track NVEI, the consensus analyst rating on Nuvei is a Buy

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

Latest NVEI Analyst Ratings

Jeff Cantwell, a bottom 1% analyst from Seaport Global downgrades NVEI to a hold rating and raises their NVEI price target from $29.00 to $34.00, on Apr 2, 2024.

Sanjay Sakhrani, a top 45% analyst from Keefe, Bruyette & Woods downgrades NVEI to a hold rating and raises their NVEI price target from $31.00 to $34.00, on Apr 2, 2024.

John Coffey, a bottom 13% analyst from Barclays maintains NVEI with a strong buy rating and lowers their NVEI price target from $34.00 to $32.00, on Mar 11, 2024.

Tim Chiodo, a top 35% analyst from UBS maintains NVEI with a strong buy rating and raises their NVEI price target from $24.00 to $30.00, on Mar 7, 2024.

Andrew Bauch, a top 30% analyst from Wells Fargo maintains NVEI with a hold rating and lowers their NVEI price target from $29.00 to $27.00, on Mar 7, 2024.

You can dive deeper into what analysts are saying on the Nuvei stock forecast page.

NVEI Technical Indicators

SMA10
32.15
SMA20
32.16
SMA50
32.2
SMA100
29.04
SMA200
24.15
MACD
0.07
MACD Signal
0.11
MACD Histogram
-0.04
RSI
55.19
Stochastic %K
64.15
Stochastic %D
67.39
StochRSI %K
26.16
StochRSI %D
34.73

How is NVEI performing as a company?

Last year, NVEI revenue was $1.27B. During the last two year, NVEI's revenue has gone up by 26.83% per year. This was faster than the Software - Infrastructure industry average of 17.84%.

Learn more about NVEI's earnings and revenue performance here.

Are NVEI executives and large shareholders buying or selling the stock?

Over the past 12 months, insiders at NVEI have not bought or sold any shares.

Research more about who owns NVEI shares here.

Does NVEI provide a stable income stream?

No, Nuvei doesn't provide an income stream by paying out dividends.

What others are saying about NVEI

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your NVEI trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.

Press the Open Trade button and eToro will execute the order.

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Step 6: Keep tabs on your NVEI position

Now that you own some NVEI stock, you'll want to keep up with your shares.

Add NVEI to a watchlist to track the most important metrics related to your NVEI stock.

NVEI Feed

How to Buy Stock in Nuvei

To reiterate, here are the 6 steps to buy stock in Nuvei:

  1. Choose where to buy Nuvei stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Evaluate Nuvei stock
  5. Make your NVEI trade
  6. Keep tabs on your NVEI position

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Nuvei, create a watchlist today.

NASDAQ: NVEI
$32.16+0.06 (+0.19%)
Updated Jun 12, 2024
Open eToro Account
NASDAQ: NVEI
$32.16+0.06 (+0.19%)
Updated Jun 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nuvei share?

As of Jun 12, 2024, it costs $32.16 to buy one share of Nuvei stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.311 shares of NVEI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nuvei stock?

According to 12 Wall Street analysts who monitor Nuvei, their consensus recommendation is to buy Nuvei stock.

What is the best way to buy Nuvei stock?

One way to place an order for Nuvei stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.