Nu Holdings Ltd. (NU)
| Market Cap | 59.05B |
| Revenue (ttm) | 9.15B |
| Net Income (ttm) | 1.27B |
| Shares Out | 4.78B |
| EPS (ttm) | 0.26 |
| PE Ratio | 47.50 |
| Forward PE | 24.92 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 18,239,935 |
| Open | 12.30 |
| Previous Close | 12.36 |
| Day's Range | 12.09 - 12.37 |
| 52-Week Range | 6.61 - 13.01 |
| Beta | 1.13 |
| Analysts | Strong Buy |
| Price Target | 11.87 (-3.89%) |
| Earnings Date | Aug 13, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for NU stock is "Strong Buy." The 12-month stock price forecast is $11.87, which is a decrease of -3.89% from the latest price.
News
3 Key Factors Driving Nu Holdings' Unprecedented Growth and Efficiency
With rapid expansion in Latin America, particularly in Brazil, Nu Holdings Ltd. (NU, Financial) has emerged to facilitate access to credit compared to traditional banking alternatives in the region.
Nubank Acquires Hyperplane to Accelerate AI-First Strategy
SÃO PAULO--(BUSINESS WIRE)--Nubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms...
Nubank acquires AI-for-banks startup Hyperplane
Just seven months after announcing a $6 million seed funding round, Hyperplane, a San Francisco-based data intelligence startup that is building foundation models for banks, announced Tuesday that it ...
Mexico's unbanked population ‘now big enough to count' for fintech companies
An underbanked and heavily cash-based economy offers fertile ground for a trio of fintech-oriented companies offering mobile financial services in Mexico, according to analysts at Susquehanna Financia...
More neobanks are becoming mobile networks — and Nubank wants a piece of the action
Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers a...
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...
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.
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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.
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...
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.
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
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) ...
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...
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...