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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

NU Stock Price, News & Analysis (NYSE:NU)

$8.15
-0.06 (-0.73%)
(As of 12/6/2023 ET)
Compare
Today's Range
$8.15
$8.31
50-Day Range
$6.84
$8.83
52-Week Range
$3.39
$8.87
Volume
15.28 million shs
Average Volume
26.53 million shs
Market Capitalization
$38.26 billion
P/E Ratio
101.89
Dividend Yield
N/A
Price Target
$8.80

NU MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
8.0% Upside
$8.80 Price Target
Short Interest
Healthy
2.90% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of NU in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
86.36%
From $0.22 to $0.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Business Services Sector

124th out of 271 stocks

Nondepository Credit Institutions Industry

17th out of 46 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

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Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
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Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
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Top-seeded NU confident in its preparation
Practice, preparation pays off for NU offense
See More Headlines
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Company Calendar

Last Earnings
11/14/2023
Today
12/06/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/13/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Fax
N/A
Employees
8,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.80
High Stock Price Target
$11.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$-364,580,000.00
Pretax Margin
10.71%

Debt

Sales & Book Value

Annual Sales
$4.91 billion
Cash Flow
$0.05 per share
Book Value
$1.04 per share

Miscellaneous

Outstanding Shares
4,694,788,000
Free Float
N/A
Market Cap
$38.26 billion
Optionable
Not Optionable
Beta
0.94
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Key Executives

  • Mr. David Velez-Osomo
    Founder, Chairman & CEO
  • Mr. Youssef Lahrech (Age 48)
    COO & President
  • Ms. Cristina Helena Zingaretti Junqueira (Age 40)
    Co-Founder & Chief Growth Officer
  • Mr. Guilherme Marques do Lago (Age 44)
    Chief Financial Officer
  • Mr. Vitor Guarino Olivier (Age 33)
    Chief Technology Officer
  • Mr. Jorg Friedemann
    Investor Relations Officer
  • Ms. Suzana Kubric (Age 43)
    Chief of Human Resources Officer
  • Mr. Jagpreet Singh Duggal (Age 49)
    Chief Product Officer
  • Mr. Henrique Camossa Saldanha Fragelli (Age 46)
    Chief Risk Officer

Should I Buy NU Stock? NU Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of NU was last updated on Tuesday, November 28, 2023 at 9:36 AM.

Pros

Here are some ways that investors could benefit from investing in Nu Holdings Ltd.:

  • Nu Holdings Ltd. provides a digital banking platform and digital financial services in multiple countries, including Brazil, Mexico, Colombia, and internationally. This allows investors to tap into the growing digital banking industry and potentially benefit from its expansion.
  • The company offers Nu credit cards, which provide convenient and secure payment options for customers. This product has the potential to generate consistent revenue streams for Nu Holdings Ltd. and contribute to its financial growth.
  • Nu Holdings Ltd. has a strong focus on innovation and technology. This can lead to the development of new and innovative financial products and services, which may attract customers and drive the company's growth.
  • The company has a solid track record of growth and success since its founding in 2013. This demonstrates its ability to adapt to market changes and capitalize on opportunities, which can be appealing to investors looking for a stable and reliable investment.
  • Recent developments indicate that Nu Holdings Ltd. is expanding its product offerings to include solutions for life insurance and funeral benefits. This diversification can open up new revenue streams and attract a wider customer base.

Cons

Investors should be bearish about investing in Nu Holdings Ltd. for these reasons:

  • Investing in the digital banking industry can be highly competitive, with many established players and new entrants vying for market share. Nu Holdings Ltd. may face challenges in standing out and gaining a significant market presence.
  • The company operates in multiple countries, which exposes it to geopolitical and regulatory risks. Changes in government policies or economic conditions in these countries can impact Nu Holdings Ltd.'s operations and financial performance.
  • While the company has shown growth, there is no guarantee that it will continue to do so in the future. Market conditions, customer preferences, and competitive pressures can all affect Nu Holdings Ltd.'s ability to sustain its growth trajectory.
  • Investing in Nu Holdings Ltd. involves exposure to the financial industry, which is subject to various risks such as market volatility, credit risk, and regulatory changes. Investors should carefully assess their risk tolerance before considering an investment in the company.
  • The current stock price of Nu Holdings Ltd. should be taken into consideration. Investors should analyze the stock's performance and valuation metrics to make informed investment decisions.














NU Stock Analysis - Frequently Asked Questions

Should I buy or sell NU stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NU in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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?

9 equities research analysts have issued twelve-month price targets for NU's shares. Their NU share price targets range from $5.00 to $11.00. On average, they expect the company's share price to reach $8.80 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for NU
or view top-rated stocks among Wall Street analysts.

How have NU shares performed in 2023?

NU's stock was trading at $4.07 on January 1st, 2023. Since then, NU shares have increased by 100.2% and is now trading at $8.15.
View the best growth stocks for 2023 here
.

Are investors shorting NU?

NU saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 71,600,000 shares, an increase of 16.6% from the October 31st total of 61,420,000 shares. Based on an average daily trading volume, of 28,160,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.9% of the shares of the company are short sold.
View NU's Short Interest
.

When is NU's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our NU earnings forecast
.

How were NU's earnings last quarter?

Nu Holdings Ltd. (NYSE:NU) released its earnings results on Tuesday, November, 14th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.06 billion. NU had a trailing twelve-month return on equity of 16.21% and a net margin of 5.26%.

Is NU a good dividend stock?

NU (NYSE:NU) pays an annual dividend of $1.67 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 2,087.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NU will have a dividend payout ratio of 407.32% in the coming year. This indicates that the company may not be able to sustain their current dividend.

When did NU IPO?

(NU) raised $2.5 billion in an IPO 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 SC US Ttgp LTD. (5.37%), Baillie Gifford & Co. (2.52%), Technology Crossover Management X Ltd. (1.86%), Artisan Partners Limited Partnership (1.61%), Morgan Stanley (1.30%) and Kontiki Capital Management HK Ltd. (1.04%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:NU) was last updated on 12/7/2023 by MarketBeat.com Staff

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