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NU (NU) Stock Price, News & Analysis

-0.29 (-2.38%)
(As of 05/31/2024 08:51 PM ET)
Today's Range
50-Day Range
52-Week Range
30.55 million shs
Average Volume
28.88 million shs
Market Capitalization
$55.77 billion
P/E Ratio
Dividend Yield
Price Target

NU MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
9.6% Downside
$10.74 Price Target
Short Interest
2.29% of Float Sold Short
Dividend Strength
News Sentiment
0.72mentions of NU in the last 14 days
Based on 16 Articles This Week
Insider Trading
Proj. Earnings Growth
From $0.41 to $0.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.13 out of 5 stars

Business Services Sector

203rd out of 310 stocks

Nondepository Credit Institutions Industry

34th out of 50 stocks

NU stock logo

About NU Stock (NYSE:NU)

Nu Holdings Ltd., traded on the NYSE as NU, is a Brazilian neobank (neobanks are online/digital banks) and the largest fintech bank in Latin America. Nu Holdings Ltd. was founded in 2013. Its founders include Colombian David Vélez, Brazilian Cristina Junqueira, and American Edward Wible. Nu Holdings Ltd. completed its first transaction with a Nubank card on April 1, 2014. Nubank became a unicorn startup in 2018, with a valuation of US$1 billion. Nubank's headquarters are located in São Paulo, Brazil, and the company also has engineering offices in Berlin, Germany, Buenos Aires, Argentina, and an office in Mexico City, Mexico. The company has raised $1.3 billion, and its investors include Berkshire Hathaway, Sequoia Capital, Tencent, and Tiger Global Management.

Nubank has launched several products, including NuConta (a digital account), an international credit card, personal loans, life insurance, and investments. Nubank's differentiating factor is its credit card, which is controlled entirely through a mobile app. In 2017, Nubank launched its loyalty program, Nubank Rewards, which offers points that can be redeemed for a product catalog or discounts on services, travel, and entertainment. In the same year, Nubank launched its digital account, NuConta. In late 2018, it began offering payments through debit. In 2019, the fintech started testing personal loans, and the company announced it would begin operations in Mexico through a subsidiary called Nu.

Nubank has undergone a significant expansion, with its valuation reaching US$45 billion after its initial public offering (IPO) in December 2021. Nubank's IPO was the largest in Brazilian history, raising US$5.7 billion. Berkshire Hathaway invested $1 billion in Nubank's stocks before and after the IPO. In 2022, Nubank was ranked as the best bank in Brazil by Forbes.

Nubank's management team is composed of its founders and other industry experts. David Vélez, Nubank's Chief Executive Officer, previously worked as a partner at Sequoia Capital, where he specialized in technology investments. Cristina Junqueira, Nubank's Chief Financial Officer, previously worked as a partner at PwC and as an investment banker at Deutsche Bank. Edward Wible, Nubank's former Chief Technology Officer, left his position in April 2021 and became the Director of Technological Platforms. The company's engineering team comprises professionals from several countries and top universities worldwide.

Nubank faces several risks and challenges, including changes in consumer preferences, regulatory changes, and competitive pressures. The company also faces currency risks due to its presence in several countries. However, Nubank has several growth opportunities, including new product launches, acquisitions, or expansions into new markets. Nubank has already expanded to Mexico and Colombia, and the company plans to expand to other countries.

Nubank operates in the broader fintech industry, which has grown rapidly in recent years. Several companies, including Square, PayPal, and Stripe, compete with Nubank in the payments industry. However, Nubank's unique credit card offering, entirely controlled through a mobile app, differentiates the company from its competitors. The fintech industry is subject to regulatory and political issues that may impact the industry's growth. However, the industry's growth potential remains strong, with digital payments expected to continue to grow opportunities for Nubank include expanding its product offerings beyond the Brazilian market and increasing its customer base in other Latin American countries. In particular, Nubank has shown interest in developing further into Mexico and Colombia, where it already has a presence but has yet to reach the scale of its operations in Brazil. Additionally, the company could offer more services to its existing customers, such as savings accounts or other investment products, to increase its revenue streams and customer loyalty.

However, there are also risks and challenges facing Nubank. One significant risk is the possibility of increased regulatory scrutiny, particularly in Brazil, where the company is based. As Nubank grows and gains market share, it may face increased scrutiny from government regulators, which could impact its ability to operate or impose additional costs on the company.

Another risk is the potential for increased competition in the fintech space, particularly from established financial institutions looking to enter the digital banking market. As more traditional banks and financial institutions embrace digital banking, they may threaten Nubank's customer base and market share.

Overall, Nubank's innovative approach to banking and strong track record of growth and profitability make it an attractive investment opportunity for those interested in fintech. However, potential investors should carefully consider the risks and challenges facing the company and its valuation compared to its peers before deciding to invest.

NU Stock Price History

NU Stock News Headlines

NU Holdings: Don’t Get Left Behind, Buy This Neobank
This hyper-growth fintech bank is ramping up revenue at 60%+ and just crossed the 100-million customer mark. Worth a closer look?
NU Holdings: Don't Get Left Behind, Buy This Neobank
Nu Holdings Ltd NYSE: NU is a hypergrowth digital bank that's taking advantage of the critical junction between financial inclusion and digital adoption in Latin America.
Is Nu Holdings Stock a Buy?
7 Fintech Stocks to Buy Now: May 2024
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Nondepository credit institutions
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
7 Analysts


Net Income
$1.03 billion
Pretax Margin


Sales & Book Value

Annual Sales
$8.03 billion
Cash Flow
$0.27 per share
Book Value
$1.45 per share


Outstanding Shares
Free Float
Market Cap
$55.77 billion
Not Optionable
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Key Executives

  • Mr. David Velez-Osomo
    Founder, Chairman & CEO
  • Mr. Youssef Lahrech (Age 49)
    COO & President
  • Ms. Cristina Helena Zingaretti Junqueira (Age 41)
    Co-Founder & Chief Growth Officer
  • Mr. Guilherme Marques do Lago (Age 45)
    Chief Financial Officer
  • Mr. Vitor Guarino Olivier (Age 34)
    Chief Technology Officer
  • Mr. Jorg Friedemann
    Investor Relations Officer
  • Ms. Elita Vechin Pastorelo Ariaz
    Chief Legal Officer
  • Ms. Suzana Kubric (Age 44)
    Chief of Human Resources Officer
  • Mr. Jagpreet Singh Duggal (Age 50)
    Chief Product Officer
  • Mr. Henrique Camossa Saldanha Fragelli (Age 47)
    Chief Risk Officer

NU Stock Analysis - Frequently Asked Questions

Should I buy or sell NU stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NU in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NU shares.
View NU analyst ratings
or view top-rated stocks.

What is NU's stock price target for 2024?

7 brokerages have issued 1 year target prices for NU's shares. Their NU share price targets range from $8.10 to $14.00. On average, they predict the company's stock price to reach $10.74 in the next year. This suggests that the stock has a possible downside of 9.6%.
View analysts price targets for NU
or view top-rated stocks among Wall Street analysts.

How have NU shares performed in 2024?

NU's stock was trading at $8.33 at the beginning of the year. Since then, NU stock has increased by 42.6% and is now trading at $11.88.
View the best growth stocks for 2024 here

When is NU's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024.
View our NU earnings forecast

How were NU's earnings last quarter?

Nu Holdings Ltd. (NYSE:NU) issued its earnings results on Tuesday, May, 14th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.58 billion. NU had a net margin of 13.86% and a trailing twelve-month return on equity of 22.94%.

When did NU IPO?

NU (NU) raised $2.5 billion in an initial public offering on Thursday, December 9th 2021. The company issued 289,150,555 shares at a price of $8.00-$9.00 per share.

Who are NU's major shareholders?

NU's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (4.32%), Baillie Gifford & Co. (3.61%), WCM Investment Management LLC (2.13%), Jennison Associates LLC (1.86%), Technology Crossover Management X Ltd. (1.49%) and Price T Rowe Associates Inc. MD (0.78%).

How do I buy shares of NU?

Shares of NU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NU) was last updated on 6/3/2024 by Staff

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