Here is Why PicS N.V. (PICS) is One of the Best New Tech Stocks to Buy According to Analysts

PicS N.V. (NASDAQ:PICS) is one of the best new tech stocks to buy according to analysts. On June 2, PicS N.V. (also PicPay) announced its Q1 2026 results, reporting a 70% year-over-year revenue increase to R$ 3.5 billion and a 92% rise in adjusted net income to R$ 169 million. The company exceeded performance guidance, driven by disciplined credit growth and effective monetization of its 44.3 million active accounts.

The firm’s credit portfolio reached R$ 28 billion, bolstered by a 272% surge in collateralized credit products. With a resilient cost of risk maintained at 3.7%, PicPay continues to use AI to scale operations, including its internal HubAI platform and customer-facing service assistants.

Here is Why PicS N.V. (PICS) is One of the Best New Tech Stocks to Buy According to Analysts

Looking toward Q2 2026, management projects continued expansion with a target credit portfolio of approximately R$ 31 billion. The company expects to maintain steady operational leverage and risk management, positioning itself for further earnings growth as it expands its ecosystem of financial and lifestyle services.

PicS N.V. (NASDAQ:PICS) is a leading Brazilian fintech company founded in 2012 and headquartered in São Paulo. It operates a major digital wallet and financial services app, offering P2P transfers, Pix instant payments, loans, credit cards, and insurance, primarily targeting consumers and SMBs in Brazil

While we acknowledge the risk and potential of PICS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PICS and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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