Is QIWI Plc Stock A Buy Or Sell Now? Russian Payments Leader Faces Challenges

Sep. 10, 2021 11:49 AM ETQIWI plc (QIWI) StockQIWI1 Comment
BOOX Research
20.33K Followers

Summary

  • QIWI Plc has been pressured by regulatory changes in Russia including a sanction by the country's Central Bank.
  • While QIWI remains profitable and distributes a large dividend, the outlook for declining growth has added to bearish sentiment.
  • QIWI could be a potential turnaround opportunity but remains high-risk amid significant operating and financial uncertainties.

Closeup photo of European Caucasian girl using mobile phone and credit card to pay for goods and services online, looking satisfied because of saved time and effort, enjoying leisure time at home
Damir Khabirov/iStock via Getty Images

QIWI Plc (QIWI) is a payments processor and fintech provider operating in Russia and the broader Eastern European region. The company is recognized as a leader in the local market with services like money remittance, mobile

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This article was written by

20.33K Followers
BOOX Research run by Dan Victor, CFA specializes in covering small-caps and under-the-radar ideas. Dan brings more than 15 years of experience in financial services across multiple roles in research, investment management, and trading. Dan is also the winner of Seeking Alpha's 2023 stock market prediction contest-- beating out a field of 40 analysts by correctly forecasting the S&P 500's 24% gain that year. https://seekingalpha.com/article/4660791-2023-market-prediction-contest-winners

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