Nu Holdings Ltd. (NU)

NYSE: NU · IEX Real-Time Price · USD
11.62
-0.04 (-0.34%)
May 20, 2024, 9:37 AM EDT - Market open
-0.34%
Market Cap 55.57B
Revenue (ttm) 9.15B
Net Income (ttm) 1.27B
Shares Out 4.77B
EPS (ttm) 0.26
PE Ratio 44.85
Forward PE 23.60
Dividend n/a
Ex-Dividend Date n/a
Volume 1,149,886
Open 11.73
Previous Close 11.66
Day's Range 11.62 - 11.75
52-Week Range 6.45 - 12.50
Beta 1.12
Analysts Buy
Price Target 10.39 (-10.89%)
Earnings Date May 14, 2024

About NU

Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, Cayman Islands, Germany, Argentina, the United States, and Uruguay. It offers spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Ultraviolet credit and prepaid card, a premium metal credit card for affluent customers; mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones; and Nu Shopping, an integrated... [Read more]

Sector Financials
IPO Date Dec 9, 2021
Employees 7,686
Stock Exchange NYSE
Ticker Symbol NU
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for NU stock is "Buy." The 12-month stock price forecast is $10.39, which is a decrease of -10.89% from the latest price.

Price Target
$10.39
(-10.89% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Saudi sovereign fund and SoftBank driving Nu Holdings to new heights

In a noteworthy display of confidence in Nu Holdings Ltd (NYSE:NU), both SoftBank Group and the Saudi Arabia sovereign wealth fund made strategic moves in the first quarter of 2024. While SoftBank Gro...

Other symbols: SFTBY
4 days ago - Invezz

Nu Holdings expects cost structure advantage to help it compete in the U.S.

Nu Holdings Ltd (NYSE: NU) saw its revenue climb a whopping 64% in Q1. Still, David Velez – its chief executive is convinced the company has massive room for growth moving forward.

4 days ago - Invezz

Nubank CEO David Velez on exceeding 100 million customers in Latin America

Nubank CEO David Velez joins 'Squawk Box' to discuss the Brazilian digital bank's milestone of reaching 100 million customers across Latin America, their record revenue in the latest quarter, and more...

5 days ago - CNBC Television

Nu Holdings Ltd. Reports First Quarter 2024 Financial Results

SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world's largest digital banking platforms, released today its First Quarter financial results. Financial re...

5 days ago - Business Wire

Nubank Marks 100 Million-Plus Digital Banking Customers

Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the first digital banking platform to m...

11 days ago - PYMNTS

Nubank Surpasses 100 Million Customers

SÃO PAULO--(BUSINESS WIRE)--Nubank announced today that it has surpassed 100 million customers in Brazil, Mexico, and Colombia, making it the first digital banking platform to reach this milestone out...

12 days ago - Business Wire

Nubank Discusses Credit Underwriting Differentials: Tech, Governance, and Customer Focus

SÃO PAULO--(BUSINESS WIRE)--Nubank's credit strategy is characterized by technological agility, large-scale data analysis, customized risk management, innovation, and high levels of satisfaction. This...

4 weeks ago - Business Wire

Nu Holdings stock surge accelerates as bulls eye a 15% upside

Nu Holdings (NYSE: NU) stock price continued its strong uptrend this week as demand for the shares jumped following its earnings report. The stock surged to a high of $10.73, its highest point since F...

2 months ago - Invezz

Nu Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Financial Results

SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world's largest digital financial services platforms, released today its Fourth Quarter and Full Year 2023 ...

3 months ago - Business Wire

Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion

Brazilian neobank Nubank is predicting it will someday become Latin America's largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT) Tu...

3 months ago - PYMNTS

Nu Holdings Ltd. Reports Third Quarter 2023 Financial Results

SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world's largest digital financial services platforms, released today its Third Quarter 2023 financial resul...

6 months ago - Business Wire

Warren Buffett's Berkshire Hathaway has likely scored a 93% gain on Nubank stock this year, making the crypto-friendly bank its best performer

Berkshire Hathaway's best-performing stock this year is likely Nubank-owner Nu Holdings, up 93%. Warren Buffett's company invested in the Brazilian fintech before and during its IPO in 2021.

7 months ago - Business Insider

Fintech Nubank to launch personal loans for Mexican market

Nubank, one of Latin America's biggest fintech companies, announced on Tuesday the launch of personal loans for the Mexican market, aiming to boost its financial services portfolio in the region's sec...

9 months ago - Reuters

One out of every two Brazilians uses our products, says Nu Holdings CEO David Vélez

David Vélez, Nu Holdings CEO, joins 'Closing Bell Overtime' to talk the Latin American fintech space.

9 months ago - CNBC Television

Nu Holdings Ltd. Reports Second Quarter 2023 Financial Results

SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world's largest digital financial services platforms, released today its Second Quarter 2023 financial resu...

9 months ago - Business Wire

Buffett-backed Nubank posts record revenue on strong user growth

Brazil's Nubank on Tuesday reported record revenue for the second quarter as the Warren Buffett-backed digital banking firm logged a surge in new customers.

9 months ago - Reuters

Stack Capital Holding Hopper Strikes Deal with Nubank – One of the Largest Digital Banks in Brazil & Latin America

Hopper to power Nubank's travel portal – targeting 80 million customers Hopper to power Nubank's travel portal – targeting 80 million customers

10 months ago - GlobeNewsWire

CORRECTING and REPLACING Nu Holdings Announces Q2'23 Financial Results Conference Call Date

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--First paragraph, first sentence of release dated July 25, 2023 should read: Tuesday, August 15, 2023 at 6:00 p.m. Eastern Time (7:00 p.m. Brasília Time) ...

10 months ago - Business Wire

Nubank reaches 80 million customers in Brazil

SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. ("Nu" or the "Company") (NYSE: NU | B3: NUBR33) surpassed 80 million customers in Brazil, as of July 2023. Along with its operations in Mexico and Colombia...

10 months ago - Business Wire

Nu Holdings Announces Q2'23 Financial Results Conference Call Date

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--Nu Holdings Ltd. ("Nu" or the "Company") (NYSE: NU | B3: NUBR33), one of the world's largest digital financial services platforms, today announced that i...

10 months ago - Business Wire

Brazil's Ebanx partners with Nubank to offer payment service to customers

Brazilian financial technology company Ebanx said on Tuesday it has signed a deal to partner with digital bank Nubank to offer more payment services for customers as it tries to consolidate and expand...

11 months ago - Reuters

Top-Performing Stocks of Warren Buffett's Berkshire as of June

According to current portfolio statistics, a Premium feature of GuruFocus, five stocks in Warren Buffett (Trades, Portfolio)'s first-quarter 13F equity portfolio that outperformed the Standard & Poor'...

Other symbols: AAPLAMZNDVASTNE
11 months ago - GuruFocus

Brazil's Market Likes the New Lula. 6 Stocks to Play.

The catalyst for the market's upturn is a set of fiscal rules by Brazil's president to fix recurring budget deficits. Investors were pleased.

Other symbols: AZULEWZITUB
1 year ago - Barrons

Nubank CEO David Vélez says the Brazilian banking sector is solid despite turmoil in the U.S.

Nubank CEO David Vélez joins 'Closing Bell Overtime' to talk the state of banking in Latin America and the changing fintech landscape in the region.

1 year ago - CNBC Television

Nu Holdings Ltd. Reports First Quarter 2023 Financial Results

SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), (“Nu” or the “Company”), one of the world's largest digital financial services platforms, released today its First Quarter 2023 fi...

1 year ago - Business Wire