Grupo Santander Raised the Firm's PT on PagSeguro Digital (PAGS), Upgraded the Stock to Outperform

PagSeguro Digital Ltd. (NYSE:PAGS) is one of the Best Tech Stocks to Buy Under $20. On July 2, Grupo Santander analyst Henrique Navarro raised the firm’s price target on PagSeguro Digital Ltd. (NYSE:PAGS) from $7.50 to $13, while also upgrading the rating from Neutral to Outperform.

The rating and price target upgrade come as the company is approaching its fiscal second quarter of 2025. PagSeguro Digital Ltd. (NYSE:PAGS) is set to hold its second-quarter earnings call on August 13, 2025. The company delivered robust growth with revenue for the quarter growing 12.6% year-over-year to reach R$4.85 billion. Notably, the net income also grew 8.9% to reach R$525 million. Management noted that the growth was driven by higher TPV and increasing contribution from its banking segment.

Moreover, the first quarter was historic as PagSeguro Digital Ltd. (NYSE:PAGS) announced its first dividend payment as the Board of Directors approved a cash dividend of $0.14 per common stock.

PagSeguro Digital Ltd. (NYSE:PAGS) is a Brazilian financial technology company that provides an integrated digital banking and payment ecosystem.

While we acknowledge the potential of PAGS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.