Arrowstreet Capital Limited Partnership trimmed its holdings in shares of Nu Holdings Ltd. (NYSE:NU – Free Report) by 47.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,802,391 shares of the company’s stock after selling 13,507,693 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.30% of NU worth $212,710,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in NU. Norges Bank bought a new position in NU in the 4th quarter worth approximately $763,792,000. Larch Capital Partners LLC bought a new position in shares of NU in the fourth quarter valued at approximately $605,829,000. Jennison Associates LLC grew its holdings in shares of NU by 82.6% during the 4th quarter. Jennison Associates LLC now owns 39,370,791 shares of the company’s stock worth $659,067,000 after purchasing an additional 17,809,644 shares in the last quarter. Atmos Capital Gestao DE Recursos LTDA. lifted its holdings in NU by 109.1% during the 4th quarter. Atmos Capital Gestao DE Recursos LTDA. now owns 29,813,810 shares of the company’s stock valued at $499,083,000 after purchasing an additional 15,552,726 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in NU by 98.4% in the third quarter. Marshall Wace LLP now owns 29,141,505 shares of the company’s stock valued at $466,555,000 after acquiring an additional 14,449,834 shares during the last quarter. 84.02% of the stock is owned by institutional investors.
NU Stock Performance NU opened at $14.12 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average is $13.02 and its 200 day moving average is $14.69. The company has a market cap of $68.54 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 0.57 and a beta of 0.95. Nu Holdings Ltd. has a 12-month low of $11.20 and a 12-month high of $18.98.
NU (NYSE:NU – Get Free Report) last issued its earnings results on Friday, May 15th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). The firm had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.06 billion. NU had a return on equity of 30.91% and a net margin of 18.20%. On average, equities research analysts predict that Nu Holdings Ltd. will post 0.83 EPS for the current year.
NU declared that its Board of Directors has approved a share buyback plan on Thursday, June 4th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.
Insiders Place Their Bets In other NU news, Director Anita M. Sands sold 21,000 shares of NU stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $12.24, for a total value of $257,040.00. Following the sale, the director owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades A number of brokerages recently issued reports on NU. Needham & Company LLC started coverage on NU in a research report on Friday, June 26th. They issued a “buy” rating and a $17.00 target price on the stock. Scotiabank cut shares of NU to a “sector perform” rating and set a $13.00 price objective on the stock. in a research note on Wednesday, June 3rd. Bank of America reissued an “underperform” rating on shares of NU in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on NU from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Finally, CICC Research started coverage on shares of NU in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $18.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $17.24.
Check Out Our Latest Report on NU
About NU (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
Further Reading Five stocks we like better than NU AMD and Cerbras Create A New Blueprint For Hardware Intel Earnings Reveal Whether the Chip Selloff Created a Buy CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test Plugging In: How Kinder Morgan Powers Up Profits Want to see what other hedge funds are holding NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. (NYSE:NU – Free Report).
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Over the three years leading up to their peak, shares in Nu Holdings (NU -0.53%) skyrocketed 329%. Since hitting that all-time high, however, they have fallen 24% (as of July 23). This drop could have been caused by a number of factors, such as a worry that growth will slow, macroeconomic factors, or a leadership change, all of which weakened market sentiment.
Opportunistic investors will take the time to figure out if this fintech stock is a worthy buy on the dip. Is it time to invest $3,000 in Nu, which will get you about 211 shares at the current price? The evidence is clear on what to do.
Image source: Getty Images.
Driving profitable growth while building a moat One of Nu's notable features is that it continues to report surging growth. During the first quarter (ended March 31), revenue jumped 42% year over year to $5.3 billion. The customer base, now at 135 million, increased 14% compared to Q1 2025.
Additionally, Nu's monthly average revenue per active customer was $15.90 in the first quarter. That figure rose 23% year over year on a currency-neutral basis.
This has propelled profitability for the business. Nu's diluted earnings per share soared 44.9% between 2024 and 2025. And over the following three years, consensus analyst estimates call for this bottom-line figure to grow at a compound annual rate of 35%.
Because the business doesn't operate any physical bank branches, it can run a leaner model that can capture cost advantages as it scales up. What's more, like other banks, Nu's ability to cross-sell financial products can drive higher switching costs for customers. At the end of 2024, the average customer used 4.1 different offerings, with newer cohorts ramping up quickly.
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There's value at today's price The best investors understand that high-quality companies are rare. These investors have also figured out that it's even harder to spot these kinds of opportunities at attractive valuations. That's why now is a great time to invest $3,000 in this fintech stock.
Nu currently trades at a forward price-to-earnings (P/E) ratio of 20.2. The market is offering shares in this company at a small discount to the overall S&P 500 index. This valuation disparity might not last very long.
As mentioned, Nu's growth has been excellent. And there are signs it's building durable competitive advantages. This is clearly a business deserving of a higher forward P/E multiple, which introduces another potential tailwind for investors. Of course, management has to continue executing well.
If you have a holding period of five years, then you should consider buying Nu stock. It's positioned to be a winner.
Nu Holdings Ltd. (NU - Free Report) closed the most recent trading day at $14.19, moving -2.21% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.21%. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.
The company's shares have seen an increase of 16.45% over the last month, surpassing the Finance sector's gain of 2.12% and the S&P 500's gain of 0.42%.
Market participants will be closely following the financial results of Nu Holdings Ltd. in its upcoming release. In that report, analysts expect Nu Holdings Ltd. to post earnings of $0.2 per share. This would mark year-over-year growth of 42.86%. At the same time, our most recent consensus estimate is projecting a revenue of $5.45 billion, reflecting a 48.68% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.83 per share and a revenue of $22.42 billion, indicating changes of +33.87% and +42.13%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nu Holdings Ltd. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Nu Holdings Ltd. currently has a Zacks Rank of #4 (Sell).
Investors should also note Nu Holdings Ltd.'s current valuation metrics, including its Forward P/E ratio of 17.4. This expresses a premium compared to the average Forward P/E of 12.12 of its industry.
We can additionally observe that NU currently boasts a PEG ratio of 0.58. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Banks - Foreign industry currently had an average PEG ratio of 0.88 as of yesterday's close.
The Banks - Foreign industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Nubank plans to secure a Brazilian banking license through its acquisition of Banco Porto Real de Investimentos, a bank that extends credit to wholesale clients, the company said in a Monday (July 20) press release.
The acquisition is subject to approval by Brazil’s central bank, according to the release.
Once the acquisition is complete, Nubank will add Banco Porto Real’s banking license to the other licenses under which it already operates. Those include Payment Institution; Credit, Financing and Investment Company; and Securities Brokerage Company licenses, per the release.
Nubank said in December 2025 that it planned to obtain a banking license in Brazil in 2026 to comply with a new rule issued by Brazil’s central bank and National Monetary Council.
It was reported at the time that the new rule prevents nonbank companies from using the word “bank” in their brands.
Nubank’s digital financial services platform serves 135 million customers across Brazil, Mexico and Colombia, according to its website. In Brazil alone, it serves 115 million, per the Monday press release.
Nubank’s customers in Brazil will see no changes, as the company’s app, products, services, brand and institution name will remain the same, the release said.
“Brazil is where Nubank was born, grew and proved that fairer, simpler financial services are possible at scale,” David Vélez, founder and global CEO of Nubank, said in the release. “Thirteen years later, it remains our main focus, a market where we can still signficantly expand our share and continue driving the transformation of the sector.”
Livia Chanes, Nubank Latam CEO, said in the release: “Our DNA of innovation remains intact, and we are committed to deepening our relationship with every customer, offering more solutions with the same simplicity that has always defined us.”
Nubank announced in a July 15 press release that it named Chanes CEO for Latin America. This move expanded Chanes’ role at the company, where she already held, and continues to hold, the position of CEO of Nubank Brazil.
Vélez said in the release that after Nubank validated its business model in Brazil, unifying the region under Chanes’ leadership is a natural next step.
“The same barriers that limited financial inclusion in Brazil still persist across Latin America,” Vélez said. “Now we have the tools, the team and the track record needed to overcome them faster.”
Nubank announced July 10 that its Mexican operation, Nu Mexico, received authorization to begin operations as a bank and now has 30 calendar days to complete its transformation into a bank.
Key Takeaways NU agreed to acquire a Brazilian bank license, strengthening its local operations.Nu Mexico won final bank authorization as it serves 15 million customers and adds about 12,000 daily.NU ended Q1 2026 with 135.2 million customers, while credit rose 40% and deposits climbed 22%. Nu Holdings Ltd. (NU - Free Report) , the company behind the Nubank brand, announced an agreement to acquire Banco Porto Real de Investimentos in Brazil to add a new banking license to its local operations. The deal, which remains subject to approval from Brazil’s Central Bank, will help Nubank meet regulatory requirements governing the use of bank-related names by financial institutions.
For Brazilian customers, the company said that nothing will change, as the app, products, services, brand and name will remain the same. The acquired license joins NU’s existing payment, credit, investment, financing and brokerage licenses without requiring additional capital or liquidity requirements. Brazil remains its core market, with more than 115 million customers and a planned investment of R$45 billion in 2026.
Nubank is also expanding its banking operations in Mexico. This month, Nu Mexico received final authorization to operate as a bank and must complete the transition within 30 days. It serves 15 million customers, adds about 12,000 customers daily and plans to invest $4.2 billion in the country through 2030.
The timing is backed by strong operating results. NU ended first-quarter 2026 with 135.2 million customers and generated $5.32 billion in managerial revenues. Its credit portfolio rose 40% year over year to $37.2 billion, while deposits increased 22% to $42.4 billion.
Still, investors should view the Brazil move mainly as a regulatory and strategic step rather than an overnight earnings trigger. The larger opportunity lies in deeper product adoption across Brazil’s addressable pool, which exceeds $100 billion in annual gross profit. NU estimates its share of that pool at roughly 7%, leaving room to expand lending, deposits, investments and services.
How Are SOFI & XYZ Faring?SoFi Technologies (SOFI - Free Report) is expanding beyond consumer lending by adding small-business loans, home-equity products, AI financial tools, enterprise banking and blockchain-based services. SOFI's partnerships are also bringing more funding onto its loan platform, reducing reliance on balance-sheet lending. Three agreements announced in March 2026 covered more than $3.6 billion in personal loans.
Block (XYZ - Free Report) is widening its reach through Cash App, Square, Afterpay and bitcoin products, linking consumer payments with merchant services and credit. Its tools include installment plans for peer-to-peer transfers, contactless payments and restaurant technology. Across Cash App Borrow, Afterpay and Square Loans, XYZ has provided customers with access to more than $200 billion.
NU’s Price Performance, Valuation, and EstimatesShares of NU have declined 5.1% in the past three months, underperforming the broader industry and the S&P 500 Index.
Image Source: Zacks Investment Research
From a valuation standpoint, NU trades at a forward price-to-earnings ratio of 13.87X, well above the industry’s 11.19X. It carries a Value Score of C.
Image Source: Zacks Investment Research
NU’s estimates have declined a cent over the past two months. The Zacks Consensus Estimate for full-year 2026 EPS is pegged at 83 cents.
Image Source: Zacks Investment Research
NU stock currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Bank of New York Mellon Corp lifted its stake in shares of Nu Holdings Ltd. (NYSE:NU – Free Report) by 4.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,011,073 shares of the company’s stock after purchasing an additional 349,255 shares during the period. Bank of New York Mellon Corp owned 0.16% of NU worth $115,119,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in NU. LOM Asset Management Ltd acquired a new stake in shares of NU in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of NU by 14,810.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company’s stock worth $25,000 after acquiring an additional 1,481 shares during the period. Cornerstone Planning Group LLC lifted its holdings in NU by 5,448.3% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,609 shares of the company’s stock valued at $27,000 after purchasing an additional 1,580 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in NU during the fourth quarter worth $27,000. Finally, Morse Asset Management Inc bought a new position in NU during the fourth quarter worth $31,000. 84.02% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at NU In other news, Director Anita M. Sands sold 21,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $12.24, for a total transaction of $257,040.00. Following the completion of the sale, the director directly owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Wall Street Analyst Weigh In NU has been the subject of a number of research reports. Scotiabank downgraded NU to a “sector perform” rating and set a $13.00 target price for the company. in a report on Wednesday, June 3rd. Weiss Ratings lowered shares of NU from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 13th. UBS Group dropped their price objective on shares of NU from $18.10 to $16.90 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Susquehanna downgraded shares of NU from a “positive” rating to a “neutral” rating and cut their price objective for the company from $18.00 to $13.00 in a report on Wednesday, June 3rd. Finally, Needham & Company LLC assumed coverage on shares of NU in a research report on Friday, June 26th. They set a “buy” rating and a $17.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NU has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.
Get Our Latest Analysis on NU
NU Stock Up 3.2% Shares of NU opened at $14.03 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.58. Nu Holdings Ltd. has a 52 week low of $11.20 and a 52 week high of $18.98. The stock has a market capitalization of $68.13 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 0.54 and a beta of 0.95. The stock has a fifty day moving average of $12.90 and a 200-day moving average of $14.75.
NU (NYSE:NU – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). NU had a net margin of 18.20% and a return on equity of 30.91%. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.06 billion. As a group, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.83 earnings per share for the current fiscal year.
NU declared that its board has approved a stock repurchase plan on Thursday, June 4th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.
NU Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
Further Reading Five stocks we like better than NU The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. (NYSE:NU – Free Report).
Receive News & Ratings for NU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NU and related companies with MarketBeat.com's FREE daily email newsletter.
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Baader Bank Aktiengesellschaft lowered its holdings in Nu Holdings Ltd. (NYSE:NU – Free Report) by 46.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 257,129 shares of the company’s stock after selling 226,729 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in NU were worth $3,695,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Maxi Investments CY Ltd grew its position in NU by 85.5% in the 4th quarter. Maxi Investments CY Ltd now owns 783,000 shares of the company’s stock worth $13,107,000 after purchasing an additional 361,000 shares during the last quarter. C WorldWide Group Holding A S raised its holdings in shares of NU by 1,045.3% during the fourth quarter. C WorldWide Group Holding A S now owns 311,792 shares of the company’s stock valued at $5,219,000 after buying an additional 284,569 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of NU by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 24,814,878 shares of the company’s stock valued at $415,401,000 after buying an additional 1,037,438 shares during the last quarter. Genoa Capital Gestora de Recursos Ltda. acquired a new position in shares of NU during the fourth quarter worth approximately $3,869,000. Finally, Danske Bank A S boosted its position in shares of NU by 515.0% during the fourth quarter. Danske Bank A S now owns 5,074,732 shares of the company’s stock worth $84,951,000 after buying an additional 4,249,632 shares during the period. 84.02% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities analysts recently issued reports on the company. UBS Group decreased their price objective on NU from $18.10 to $16.90 and set a “buy” rating for the company in a report on Wednesday, May 20th. Susquehanna lowered NU from a “positive” rating to a “neutral” rating and reduced their price target for the stock from $18.00 to $13.00 in a research report on Wednesday, June 3rd. Weiss Ratings cut NU from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. Scotiabank lowered NU to a “sector perform” rating and set a $13.00 price target on the stock. in a report on Wednesday, June 3rd. Finally, Needham & Company LLC initiated coverage on shares of NU in a research note on Friday, June 26th. They set a “buy” rating and a $17.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, NU presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.
Check Out Our Latest Analysis on NU
Insider Buying and Selling at NU In other NU news, Director Anita M. Sands sold 21,000 shares of NU stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $12.24, for a total transaction of $257,040.00. Following the transaction, the director owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NU Stock Performance NYSE:NU opened at $14.03 on Tuesday. The company has a 50-day moving average of $12.90 and a 200-day moving average of $14.75. The firm has a market cap of $68.13 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. Nu Holdings Ltd. has a twelve month low of $11.20 and a twelve month high of $18.98.
NU (NYSE:NU – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). NU had a return on equity of 30.91% and a net margin of 18.20%.The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.06 billion. Analysts forecast that Nu Holdings Ltd. will post 0.83 earnings per share for the current fiscal year.
NU announced that its board has initiated a share repurchase plan on Thursday, June 4th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
NU Company Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
Read More Five stocks we like better than NU The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. (NYSE:NU – Free Report).
Receive News & Ratings for NU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NU and related companies with MarketBeat.com's FREE daily email newsletter.
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Amova Asset Management Americas Inc. cut its holdings in shares of Nu Holdings Ltd. (NYSE:NU – Free Report) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,395,488 shares of the company’s stock after selling 54,907 shares during the quarter. Amova Asset Management Americas Inc. owned 0.09% of NU worth $63,163,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in NU. Kapitalo Investimentos Ltda bought a new stake in shares of NU in the 1st quarter valued at about $10,002,000. AlTi Global Inc. increased its stake in NU by 2.0% in the 1st quarter. AlTi Global Inc. now owns 65,411 shares of the company’s stock worth $940,000 after purchasing an additional 1,275 shares during the period. Earned Wealth Advisors LLC lifted its position in NU by 15.7% in the first quarter. Earned Wealth Advisors LLC now owns 22,292 shares of the company’s stock valued at $320,000 after purchasing an additional 3,023 shares during the last quarter. Investment Management Associates Inc. ADV lifted its position in NU by 15.6% in the first quarter. Investment Management Associates Inc. ADV now owns 1,073,617 shares of the company’s stock valued at $15,428,000 after purchasing an additional 144,894 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of NU by 990.3% during the first quarter. Dimensional Fund Advisors LP now owns 298,789 shares of the company’s stock valued at $4,294,000 after purchasing an additional 271,385 shares during the period. 84.02% of the stock is currently owned by institutional investors.
Insider Activity In other news, Director Anita M. Sands sold 21,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $12.24, for a total value of $257,040.00. Following the transaction, the director owned 162,150 shares in the company, valued at approximately $1,984,716. This represents a 11.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.
NU Stock Performance NYSE:NU opened at $14.03 on Tuesday. The stock has a market cap of $68.13 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. The firm’s fifty day simple moving average is $12.90 and its 200 day simple moving average is $14.75. Nu Holdings Ltd. has a twelve month low of $11.20 and a twelve month high of $18.98. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.36.
NU (NYSE:NU – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). NU had a return on equity of 30.91% and a net margin of 18.20%.The firm had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.06 billion. As a group, research analysts predict that Nu Holdings Ltd. will post 0.83 EPS for the current year.
NU announced that its board has approved a share buyback program on Thursday, June 4th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.
Wall Street Analysts Forecast Growth NU has been the topic of several recent analyst reports. Susquehanna cut shares of NU from a “positive” rating to a “neutral” rating and cut their target price for the stock from $18.00 to $13.00 in a report on Wednesday, June 3rd. Needham & Company LLC assumed coverage on shares of NU in a report on Friday, June 26th. They set a “buy” rating and a $17.00 price target for the company. Bank of America reissued an “underperform” rating on shares of NU in a research report on Tuesday, June 2nd. Scotiabank lowered shares of NU to a “sector perform” rating and set a $13.00 price target on the stock. in a report on Wednesday, June 3rd. Finally, Zacks Research cut shares of NU from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $17.24.
Read Our Latest Analysis on NU
NU Company Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
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SÃO PAULO--(BUSINESS WIRE)--Nubank, the leading digital financial institution in Latin America, announces an agreement to acquire Banco Porto Real de Investimentos S/A, a bank founded in 1992 in Porto Real, Rio de Janeiro, that operates in the extension of credit to wholesale clients. With this move, which will be submitted for approval by Brazil's Central Bank, Nubank meets the requirements of Joint Resolution No. 17, issued by the Central Bank and the National Monetary Council (CMN), which re.
Key Takeaways Nu Holdings reached 135 million customers as quarterly revenues and net income hit records.Mexico posted its first profitable quarter as Nu expanded to 15 million customers in four years.NU's credit portfolio rose 40%, while delinquencies increased and risk-adjusted margins declined. Nu Holdings Ltd. (NU - Free Report) , the parent of Nubank, has built one of Latin America’s largest digital financial platforms. Its branchless model combines credit cards, deposits, loans, payments and investment products in one mobile application. The company ended the first quarter of 2026 with more than 135 million customers across Brazil, Mexico and Colombia, giving it greater consumer reach than many digital-banking rivals.
NU shares have risen about 6.3% over the past month, outperforming close fintech peers SoFi Technologies, Inc. (SOFI - Free Report) and StoneCo Ltd. (STNE - Free Report) over a comparable recent period. SoFi and StoneCo shares have gained 1.1% and roughly 3.8%, respectively. The comparison suggests that investors have responded positively to Nu’s earnings growth, improving efficiency and progress in Mexico, even as the wider fintech group has remained uneven.
However, a rising share price does not remove the risks. NU is expanding lending rapidly, investing in artificial intelligence and preparing for measured entry into the United States. Investors must balance these growth opportunities against higher provisions, credit exposure and a valuation that already assumes continued execution.
Image Source: Zacks Investment Research
Customer Growth Supports the Bull Case for NUNu Holdings’ scale remains its clearest advantage. The company passed 115 million customers in Brazil, 15 million in Mexico and approached 5 million in Colombia. Monthly activity remained strong at 83%, while monthly average revenue per active customer increased to around $16. These trends helped quarterly revenues reach approximately $5 billion for the first time in the first quarter of 2026.
Profitability also improved. First-quarter net income reached a record $871 million, up 41% year over year on an FX-neutral basis. NU’s reported efficiency ratio fell to 17.6%, showing that revenues continue to grow faster than operating expenses. Management expects the full-year ratio to move closer to 20% as delayed marketing, property and investment costs return during later quarters.
Mexico offers another major opportunity. Nu Holdings’ customer base has expanded from slightly more than 2 million to 15 million in four years. The operation also recorded its first quarter of IFRS profitability ahead of management’s internal plan. Mexico remains underbanked, and NU currently controls less than 1% of the profit pool it hopes to address.
AI and New Products of NU Could Lift EngagementManagement is using artificial intelligence to speed product development, improve credit decisions and lower servicing costs. Engineering output increased more than 50% year over year, while AI-based financial tools were already serving above 15 million monthly active users. Nu Holdings’ proprietary models are being used for credit-card decisions and unsecured lending, allowing the company to assess individual loan requests in under one second.
The company is also expanding into small-business banking. NU has approximately 5 million small-business customers in Brazil, many acquired by cross-selling services to existing personal-banking users. This base could support further growth in business cards, deposits, and secured and unsecured loans without large customer-acquisition spending.
Credit Expansion Creates Risk for NUNU’s credit portfolio climbed 40% to $37.2 billion, led by a 53% increase in unsecured lending. Total credit exposure, including available card limits, rose 44% to $70.7 billion. Because credit cards and unsecured loans made up 98% of new exposure, the company had to record larger expected-loss provisions.
Early-stage delinquencies increased to 5% from 4.11% at year-end, while risk-adjusted net interest margin declined to 9.5% from 10.5%. Management attributed most of the change to normal seasonality, portfolio growth and product mix rather than weakening borrowers. Still, investors should closely watch these measures because rapid unsecured lending can produce larger losses during an economic downturn.
NU’s Estimate RevisionsWhile earnings estimates for both 2026 and 2027 have been revised marginally downward over the past 60 days, the consensus mark has remained unchanged in recent times. However, these figures suggest year-over-year growth of 33.87% and 38.07%, respectively.
Image Source: Zacks Investment Research
Is NU Stock Fairly Valued?NU trades at approximately 13.48 times forward earnings. That is well below SoFi Technologies’ forward multiple of about 24.53 times but considerably above StoneCo’s 4.9 times. The discount to SoFi appears reasonable because SoFi operates in the competitive U.S. market and receives a higher growth premium. Nu Holdings’ premium over StoneCo reflects its larger customer platform, stronger earnings expansion and broader consumer-banking opportunity.
NU's Valuation
Image Source: Zacks Investment Research
NU is not an obvious bargain. StoneCo offers a much cheaper valuation, while SoFi Technologies provides exposure to U.S. lending and financial technology. Investors choosing Nu Holdings over StoneCo or SoFi are betting that its Latin American scale, Mexico expansion and credit models will continue producing above-average growth.
NU Stock Recommendation: HoldNu Holdings has a strong long-term story built around customer growth, low operating costs and a rising presence beyond Brazil. Mexico’s first profitable quarter, higher customer revenues and record net income show that the business can scale effectively. AI tools and small-business products may create additional growth, while NU’s valuation is more reasonable than SoFi Technologies’ multiple.
However, the stock’s recent 6.3% rise, growing unsecured-credit exposure and higher provisions call for patience, and NU must ensure that rapid lending growth will not weaken asset quality. It seems prudent for existing investors to retain their positions, but new buyers may wait for a better entry price.
At present, NU carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In the latest close session, Nu Holdings Ltd. (NU - Free Report) was down 1.45% at $13.59. This move lagged the S&P 500's daily loss of 1.01%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 1.4%.
The company's stock has climbed by 8.5% in the past month, exceeding the Finance sector's gain of 2.6% and the S&P 500's gain of 0.32%.
Analysts and investors alike will be keeping a close eye on the performance of Nu Holdings Ltd. in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.2, showcasing a 42.86% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.45 billion, indicating a 48.68% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $0.83 per share and a revenue of $22.42 billion, demonstrating changes of +33.87% and +42.13%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Nu Holdings Ltd. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.48% lower. At present, Nu Holdings Ltd. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Nu Holdings Ltd. is currently exchanging hands at a Forward P/E ratio of 16.53. Its industry sports an average Forward P/E of 11.87, so one might conclude that Nu Holdings Ltd. is trading at a premium comparatively.
Meanwhile, NU's PEG ratio is currently 0.55. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Banks - Foreign industry held an average PEG ratio of 0.89.
The Banks - Foreign industry is part of the Finance sector. This group has a Zacks Industry Rank of 157, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Nu Holdings Ltd. (NU - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this company have returned +7.7%, compared to the Zacks S&P 500 composite's +0.5% change. During this period, the Zacks Banks - Foreign industry, which Nu falls in, has gained 8.1%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Nu is expected to post earnings of $0.20 per share, indicating a change of +42.9% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $0.83 points to a change of +33.9% from the prior year. Over the last 30 days, this estimate has changed -0.5%.
For the next fiscal year, the consensus earnings estimate of $1.15 indicates a change of +38.1% from what Nu is expected to report a year ago. Over the past month, the estimate has changed -0.2%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nu is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Nu , the consensus sales estimate for the current quarter of $5.45 billion indicates a year-over-year change of +48.7%. For the current and next fiscal years, $22.42 billion and $27.87 billion estimates indicate +42.1% and +24.3% changes, respectively.
Last Reported Results and Surprise HistoryNu reported revenues of $4.97 billion in the last reported quarter, representing a year-over-year change of +53%. EPS of $0.19 for the same period compares with $0.12 a year ago.
Compared to the Zacks Consensus Estimate of $4.97 billion, the reported revenues represent a surprise of -0.01%. The EPS surprise was -5%.
Over the last four quarters, Nu surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Nu is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nu . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Nubank has appointed Livia Chanes to the newly created position of chief executive officer for Latin America, according to a Wednesday (July 15) Bloomberg report. Chanes, who has served as the firm’s Brazil CEO since 2024, will now oversee regional operations as the company intensifies its international growth strategy.
Under the new structure, the country managers for Mexico and Colombia—Armando Herrera and Marcela Torres, respectively—will report directly to Chanes. The move is designed to streamline the exchange of successful strategies from the firm’s mature Brazilian market to its newer territories.
“My commitment is to ensure that Mexico and Colombia benefit from everything we’ve built in Brazil,” Chanes said in a statement. “We’re already the largest private financial institution by number of customers in Brazil, but we know we still have enormous opportunities to grow across our different segments. That remains our priority as a company.”
The leadership change is part of a broader management realignment at the FinTech. Earlier this week, Rob Livingston assumed an expanded role as chief financial officer, a move expected to lead to the creation of local CFO positions. These shifts follow the establishment of a global marketing post earlier this year.
Chanes joined Nubank in 2020 and has been a key figure in the company’s recent scaling efforts. The firm was granted a banking license in Mexico last week and is currently seeking a U.S. banking license, which Bloomberg reports could be issued in early 2027.
Nubank said that with more than 15 million customers, it will become the largest digital bank in Mexico.
“The authorization we receive and the growth we have achieved confirm that this model works and has the potential to transform the relationship millions of people have with their money,” Nubank Founder and Global CEO David Vélez said in last week’s release.
Nu Holdings Ltd. (NU - Free Report) closed the most recent trading day at $13.99, moving +2.34% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.38% for the day. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq gained 0.9%.
The stock of company has risen by 9.98% in the past month, leading the Finance sector's gain of 2.89% and the S&P 500's gain of 1.27%.
The upcoming earnings release of Nu Holdings Ltd. will be of great interest to investors. The company is predicted to post an EPS of $0.2, indicating a 42.86% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.45 billion, showing a 48.68% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.83 per share and a revenue of $22.42 billion, signifying shifts of +33.87% and +42.13%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nu Holdings Ltd. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.48% lower. Nu Holdings Ltd. currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Nu Holdings Ltd. is at present trading with a Forward P/E ratio of 16.39. This expresses a premium compared to the average Forward P/E of 11.77 of its industry.
We can additionally observe that NU currently boasts a PEG ratio of 0.55. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Banks - Foreign was holding an average PEG ratio of 0.86 at yesterday's closing price.
The Banks - Foreign industry is part of the Finance sector. This group has a Zacks Industry Rank of 107, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Nu Holdings (NU +2.49%) is an all-digital bank based in Brazil, but it's expanding into new markets, including the U.S.
It's most exciting growth story right now, though, is Mexico. It recently topped 15 million customers in the country and is now a top-three financial institution, but the growth is far from over. Here's why Nu Mexico is the real story right now, and why Nu stock looks priced to buy.
Disrupting traditional banking in Mexico Nu began in Brazil, where it's headquartered and where it has already established itself as a major force in finance. While it's still adding new users at a steady pace and sees continued opportunity in upselling, its major growth is happening in Mexico.
Image source: Nu.
The bank started operating in Mexico in 2019, five years after its launch in Brazil. Over the past seven years, the user base has increased sevenfold, and average revenue per active user (ARPAC) has doubled. Its efficiency ratio, which measures how much it costs to produce revenue, decreased by 78 percentage points, and it's breaking even as of the 2026 first quarter.
Currently, it's adding 12,000 customers to the platform in Mexico every day, and it has provided 54% of Mexicans with their first credit cards. It recently rolled out NuFormer, a proprietary foundation model that evaluates credit card applications and provides approvals within seconds.
The runway just got longer Nu was just approved for a full bank charter in Mexico, opening up the runway for much more growth. Up until now, it's been operating as a Sofipo, a status that allows it to offer savings accounts and debit cards and is meant to expand financial inclusion in the country. It plans to invest $4.2 billion in the venture through 2030 as it transforms into a proper bank, expanding its platform with digital payments and a broader product and service offering.
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Mexico has the second-largest population in Latin America, behind Brazil, and is a massive, underbanked market that's moving toward digital finance.
Nu is making other moves as well. It recently got a new CFO, Rob Livingston, who comes from Visa North America. That could be preparation for the company's expansion into the U.S., which would be an entirely new opportunity.
Nu also recently authorized $1 billion in share repurchases. That's a vote of confidence from management, and it makes sense considering its bargain price, trading at less than 12 times next year's earnings. As it harnesses new opportunities, specifically in Mexico right now, Nu could be worth a look for the growth-oriented investor.
Investors looking for stocks in the Banks - Foreign sector might want to consider either Grupo Financiero Galicia (GGAL - Free Report) or Nu Holdings Ltd. (NU - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Grupo Financiero Galicia and Nu Holdings Ltd. are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that GGAL likely has seen a stronger improvement to its earnings outlook than NU has recently. But this is just one factor that value investors are interested in.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
GGAL currently has a forward P/E ratio of 13.73, while NU has a forward P/E of 16.39. We also note that GGAL has a PEG ratio of 0.35. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. NU currently has a PEG ratio of 0.55.
Another notable valuation metric for GGAL is its P/B ratio of 1.37. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, NU has a P/B of 5.27.
These metrics, and several others, help GGAL earn a Value grade of B, while NU has been given a Value grade of C.
GGAL stands above NU thanks to its solid earnings outlook, and based on these valuation figures, we also feel that GGAL is the superior value option right now.
Key Takeaways Nu Mexico received banking approval and has 30 days to complete its transition to a bank.Nu's Mexico customer base grew in Q1 2026 to 15 million from 2.1 million in early 2022. NU plans to invest $4.2 billion in Mexico through 2030 while its market share remains below 1%. Nu Holdings Ltd. (NU - Free Report) , the company behind the Nubank brand, announced that its Mexican subsidiary, Nu Mexico, has received authorization from Mexico’s National Banking and Securities Commission (“CNBV”) to begin operating as a bank. The authorization process was supervised by the CNBV, the Bank of Mexico and the Ministry of Finance. Nu Mexico has 30 days to complete the transition.
The license will make Nu Mexico the country’s largest digital bank, serving more than 15 million customers. The company adds 12,000 customers daily, operates in 98% of Mexico’s municipalities and plans to invest $4.2 billion in the country through 2030.
Nubank entered Mexico in 2019, and Nu Mexico launched its first product in 2020: a no-fee credit card with customizable financing plans. It later added the Cuenta Nu savings account, featuring Cajita Turbo and Scam Alert, alongside personal loans and secured cards designed to widen credit access and help customers build credit histories.
That broader product range is supporting a financial turning point. Nu Mexico reached break-even in the first quarter of 2026 after expanding its customer base to 15 million from 2.1 million in early 2022. Monthly Average Revenue Per Active Customer rose to $15.90 from $11.60 in the prior year, while its efficiency ratio improved by 78 percentage points to 42%.
The opportunity remains large. NU estimates Mexico’s 2025 consumer banking gross-profit pool at $43 billion, with projected five-year annual growth of about 15%, while its market share remains below 1%. NU’s first-quarter 2026 managerial revenues reached $5.32 billion, deposits totaled $42.4 billion and its credit portfolio stood at $37.2 billion.
How Are SOFI & XYZ Faring?SoFi Technologies (SOFI - Free Report) is expanding beyond consumer lending by adding small-business loans, home-equity products, AI financial tools, enterprise banking and blockchain-based services. SOFI's partnerships are also bringing more funding onto its loan platform, reducing reliance on balance-sheet lending. Three agreements announced in March 2026 covered more than $3.6 billion in personal loans.
Block (XYZ - Free Report) is widening its reach through Cash App, Square, Afterpay and bitcoin products, linking consumer payments with merchant services and credit. Its tools include installment plans for peer-to-peer transfers, contactless payments and restaurant technology. Across Cash App Borrow, Afterpay and Square Loans, XYZ has provided customers with access to more than $200 billion.
NU’s Price Performance, Valuation, and EstimatesShares of NU have declined 10.3% in the past three months, underperforming the broader industry and the S&P 500 Index.
Image Source: Zacks Investment Research
From a valuation standpoint, NU trades at a forward price-to-earnings ratio of 13.73X, well above the industry’s 11.42X. It carries a Value Score of C.
Image Source: Zacks Investment Research
NU’s estimates have declined a cent over the past month. The Zacks Consensus Estimate for full-year 2026 EPS is pegged at 83 cents.
Image Source: Zacks Investment Research
NU stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Digital bank Nubank’s Mexican operation, Nu Mexico, has received authorization to begin operations as a bank and now has 30 calendar days to complete its transformation into a bank, the company said in a Friday (July 10) press release.
Nu received the authorization from the National Banking and Securities Commission (CNBV), and the company will become a bank in a process supervised the CNBV, the Bank of Mexico and the Ministry of Finance and Public Credit, according to the release.
The company said that with more than 15 million customers, it will become the largest digital bank in Mexico.
“The authorization we receive and the growth we have achieved confirm that this model works and has the potential to transform the relationship millions of people have with their money,” Nubank Founder and Global CEO David Vélez said in the release.
Nubank entered the Mexican market in 2019; launched its first product, a no-fee credit card with customizable finance plans, in 2020; and later added a savings account, personal loans and secured cards, according to the release.
Today, Nu has a presence in 98% of Mexico’s municipalities, adds 12,000 new customers per day, and has given 54% of its customers their first credit card, per the release.
To this point, Nu Mexico has operated in the country as a Popular Financial Society (SOFIPO).
“Receiving authorization after an unprecedented process of transforming from a SOFIPO into a bank is a milestone we have not reached alone,” Nu Mexico CEO Armando Herrera said in the release. “We got here alongside millions of Mexicans who have placed their trust in Nu to transform the way they relate to their money.”
Nu Mexico announced in April 2025 that it received approval of its banking license from the CNBV and would continue operating as a SOFIPO while undergoing a rigorous regulatory audit before obtaining authorization to begin operations as bank.
It was reported in November that Nu was part of a wave of FinTech challengers, along with companies like Revolut and Mercado Pago, that were set to place pressure on the existing players in Mexico’s banking sector to modernize operations and slash fees.
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Nu Holdings Ltd. (NU - Free Report) ended the recent trading session at $13.61, demonstrating a -3.2% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Shares of the company witnessed a gain of 21.21% over the previous month, beating the performance of the Finance sector with its gain of 5.72%, and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of Nu Holdings Ltd. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.2, reflecting a 42.86% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.33 billion, showing a 45.22% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and a revenue of $21.89 billion, representing changes of +33.87% and +38.76%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Nu Holdings Ltd. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.48% lower. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Nu Holdings Ltd. is holding a Forward P/E ratio of 16.86. This valuation marks a premium compared to its industry average Forward P/E of 11.88.
Investors should also note that NU has a PEG ratio of 0.56 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Banks - Foreign stocks are, on average, holding a PEG ratio of 0.85 based on yesterday's closing prices.
The Banks - Foreign industry is part of the Finance sector. This group has a Zacks Industry Rank of 109, putting it in the top 45% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Nu Holdings Ltd. remains a buy due to robust growth metrics and a long runway targeting Latin America's unbanked. NU's digital-only model and strong capital structure provide a competitive edge over less efficient Latin American banks, supporting sustained 20%+ earnings growth. NU's valuation has improved: it trades at a 21x P/E and a 0.44 PEG, reflecting high margins and growth potential relative to peers.
Shares of Nu Holdings (NU +3.12%) stock dropped 20% in the first half of 2026, according to data provided by S&P Global Market Intelligence. There wasn't anything specific of note, but there has been a steady decline in confidence amid increasing competition, worries about the economy, and a rising valuation.
Disrupting traditional banking in Brazil Nu operates an all-digital bank in its Brazil headquarters as well as in Mexico and Colombia. It has been an incredible success in Brazil, where more than 60% of the adult population has an account on its platform, and it's taking that playbook and expanding into its newer markets.
Image source: Nu.
The company continues to demonstrate robust growth in all of its markets. Since it's already so big in Brazil, the percentage growth in the market is slowing down, but it's still adding millions of new customers annually in what is the largest population in Latin America. Its younger markets are growing faster by rate. In total, it added four million customers in the 2026 first quarter for a total of 135 million. It now has 15 million customers in Mexico and is the third-largest financial institution in the country.
In addition to adding new customers, its strategy is to grow through cross-selling and upselling. That still provides it a long growth runway even in Brazil, where it had primarily attracted a mass audience but is now going after the upper-income population. Average revenue per active customer (ARPAC) increased from $12 last year to $16 this year in the first quarter, and it's worth noting that the increase is inclusive of 16 million new customers over the trailing 12 months.
Many growth levers to pull Nu has many levers to pull to generate continued growth. It's still capturing market share both in customer count and product adoption in Brazil, where it's already highly penetrated, and it's just getting started in its newer markets. It's getting a proper bank charter in Brazil and Mexico, which widens its market opportunity.
It also received initial approval for a bank charter in the U.S., which could be its next growth market. It obtained naming rights for Miami's Inter CF Soccer stadium, and it's likely to target Latin American-adjacent communities in Southern states.
At the current lower price, Nu stock trades at 22 times trailing 12-month earnings, just above a recent all-time low. Long-term investors with some appetite for risk can view this as an excellent opportunity to buy on the dip.
Jennifer Saibil has positions in Nu Holdings. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy.
Nu continues its rapid expansion across Latin America, reaching 135 million customers by early 2026. OneMain maintains a steady presence in the U.S. nonprime lending market through its hybrid digital and branch network.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of NU, SOFI, UPST, XYZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Nu Holdings remains a Strong Buy despite an 18% stock decline and delayed bull case realization. Top and bottom-line acceleration, undervaluation, and premium fundamentals underpin my bullish stance on NU. The fintech market's potential to triple offers a significant multi-year tailwind for NU's growth prospects.
Nu Holdings Ltd. (NU - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this company have returned +15%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Banks - Foreign industry, which Nu falls in, has gained 7.3%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Nu is expected to post earnings of $0.20 per share, indicating a change of +42.9% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $0.83 for the current fiscal year indicates a year-over-year change of +33.9%. This estimate has changed -0.5% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $1.15 indicates a change of +38.1% from what Nu is expected to report a year ago. Over the past month, the estimate has changed -0.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Nu .
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Nu , the consensus sales estimate of $5.33 billion for the current quarter points to a year-over-year change of +45.2%. The $21.89 billion and $27.26 billion estimates for the current and next fiscal years indicate changes of +38.8% and +24.6%, respectively.
Last Reported Results and Surprise HistoryNu reported revenues of $4.97 billion in the last reported quarter, representing a year-over-year change of +53%. EPS of $0.19 for the same period compares with $0.12 a year ago.
Compared to the Zacks Consensus Estimate of $4.97 billion, the reported revenues represent a surprise of -0.01%. The EPS surprise was -5%.
Over the last four quarters, Nu surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Nu is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nu . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
In the latest close session, Nu Holdings Ltd. (NU - Free Report) was up +1.75% at $13.36. The stock exceeded the S&P 500, which registered a gain of 0.79% for the day. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.
Shares of the company have appreciated by 1.08% over the course of the past month, underperforming the Finance sector's gain of 2.74%, and outperforming the S&P 500's loss of 1.82%.
The investment community will be paying close attention to the earnings performance of Nu Holdings Ltd. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.2, reflecting a 42.86% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.33 billion, indicating a 45.22% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $0.83 per share and a revenue of $21.89 billion, demonstrating changes of +33.87% and +38.76%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nu Holdings Ltd. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.48% fall in the Zacks Consensus EPS estimate. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Nu Holdings Ltd. is holding a Forward P/E ratio of 15.74. This indicates a premium in contrast to its industry's Forward P/E of 11.52.
Investors should also note that NU has a PEG ratio of 0.53 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Banks - Foreign industry held an average PEG ratio of 0.84.
The Banks - Foreign industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Key Takeaways NU's ARPAC rose from $7 in Q1 2022 to $16 in Q1 2026, showing stronger monetization.Nu's ARPAC growth reflects deeper customer engagement, cross-selling, and product adoption.NU's ARPAC posted a 24% FX-neutral CAGR, pointing to durable operating momentum. Nu Holdings (NU - Free Report) appears to be extracting more value from its growing customer base, and that is a meaningful positive for the stock. One metric that stands out is ARPAC, or average revenue per active customer, which has shown a strong and consistent upward trajectory over the past several years. Based on the chart, ARPAC rose from $7 in the first quarter of 2022 to $16 in the first quarter of 2026, highlighting a powerful monetization trend across the platform.
This matters because it suggests NU is not relying only on customer growth to drive revenue. Instead, the company is becoming increasingly effective at deepening relationships with existing users and encouraging them to adopt more products and services over time. A rising ARPAC usually reflects stronger engagement, better cross-selling, improved product mix and a customer base that is trusting the platform with a larger share of its financial activity.
The pace of improvement is also notable. The chart points to a 24% FX-neutral ARPAC CAGR, which indicates that this is not just a currency-driven benefit but a genuine sign of operating momentum. In other words, Nu is generating more revenue per customer even after adjusting for foreign exchange fluctuations, making the growth look more durable and fundamentally driven.
For investors, this trend reinforces the view that NU’s business model has meaningful scalability. As the company expands its ecosystem across banking, lending, payments, and other financial offerings, higher revenue per customer can support stronger top-line growth and improve long-term profitability potential. If Nu Holdings can keep lifting monetization without sacrificing customer engagement, ARPAC could remain one of the clearest signals of the company’s underlying strength.
Peer ComparisonWhile Nu Holdings continues to surge ahead in Latin America, U.S.-based peers like SoFi Technologies (SOFI - Free Report) and Block (XYZ - Free Report) are taking different routes to growth. SoFi is focusing on deepening customer relationships through bundled financial services like lending, investing and banking. Its strategy seems to emphasize lifetime value over rapid user expansion. Meanwhile, Block is sharpening its dual ecosystem approach, serving both individual users through Cash App and small businesses via Square.
While both SoFi and Block are evolving steadily, NU’s pace and scale of customer acquisition in emerging markets underscore a distinct momentum that sets it apart in the global fintech landscape.
NU’s Price Performance, Valuation, EstimatesThe stock has declined 26% year to date against the industry’s 11% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, NU trades at a forward price-to-earnings ratio of 12.62, which is well above the industry’s 11.01. It carries a Value Score of C.
The Zacks Consensus Estimate for NU’s 2026 earnings has declined over the past 30 days.
Image Source: Zacks Investment Research
NU currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Nu Holdings (NU +0.24%) is one of the world's fastest-growing fintech companies. It owns NuBank, the largest digital-only bank in Latin America. By streamlining its digital services and offering a fee-free credit card, it expanded much faster than its brick-and-mortar competitors. It also expanded its ecosystem with more loans, e-commerce services, and crypto trading tools.
From 2021 to 2025, Nu's year-end customer base grew from 54 million to 131 million, its activity rate (active customers divided by total customers) expanded from 76% to 83%, and its monthly average revenue per customer (ARPAC) more than tripled from $4.50 to $15. Even as it added customers at that blistering pace, its average cost per active customer held steady.
Image source: Getty Images
In the first quarter of 2026, Nu's total customers rose to 135 million, its activity rate held steady at 83%, and its monthly average revenue per customer grew to $16.
Those growth rates were incredible, yet Nu's stock has still declined about 25% this year and trades at just 12 times next year's earnings. Is it an undervalued growth play in this frothy market?
Why did Nu's stock decline? From 2021 to 2025, Nu's revenue grew at a 75% CAGR. It turned profitable in 2023, and its EPS nearly doubled in 2024 and rose 45% in 2025. From 2025 to 2028, analysts expect its revenue and EPS to grow at CAGRs of 31% and 35%, respectively.
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Those growth rates are impressive, but three issues are compressing its valuations. First, it's expanding more aggressively into Mexico and Colombia to reduce its dependence on its core Brazilian market.
That expansion increased its credit risks, since both markets require higher funding costs and credit loss allowances than Brazil. Nu's expansion of its lower-margin secured lending and payroll-backed loan businesses exacerbated that pressure.
Second, Nu earns most of its revenue in Brazilian Reais, Mexican Pesos, and Colombian Pesos but reports its earnings in U.S. dollars. As a result, it faces persistent headwinds from a strong U.S. dollar -- which will only become stronger if the Fed raises its rates this year. Lastly, the market still values Nu like a conventional bank rather than a high-growth fintech company.
Is Nu's stock a screaming bargain? I believe Nu's stock is a bargain at these levels. It's in the process of securing full bank charters in Mexico and a conditional approval in the U.S. to reduce its funding costs and expand its reach. It also recently launched a new $1.0 billion buyback program.
It won't bounce back anytime soon, but it could attract a lot more attention once its Mexican and Colombian markets mature, the dollar weakens, and investors value it as a growth play again.
Nu Holdings Ltd. (NU - Free Report) closed the most recent trading day at $12.59, moving -1.56% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.44%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 2.22%.
Coming into today, shares of the company had gained 0.47% in the past month. In that same time, the Finance sector gained 3.16%, while the S&P 500 gained 0.08%.
The upcoming earnings release of Nu Holdings Ltd. will be of great interest to investors. The company is forecasted to report an EPS of $0.2, showcasing a 42.86% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $5.36 billion, up 46.06% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $0.83 per share and a revenue of $21.89 billion, demonstrating changes of +33.87% and +38.76%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Nu Holdings Ltd. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.48% fall in the Zacks Consensus EPS estimate. Nu Holdings Ltd. presently features a Zacks Rank of #3 (Hold).
Digging into valuation, Nu Holdings Ltd. currently has a Forward P/E ratio of 15.34. This denotes a premium relative to the industry average Forward P/E of 11.65.
Investors should also note that NU has a PEG ratio of 0.51 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Banks - Foreign industry held an average PEG ratio of 0.85.
The Banks - Foreign industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 98, placing it within the top 41% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Nu Holdings (NU 1.24%), a Latin American digital bank and financial services platform, closed at $12.89, up 1.34%. Shares moved after AI-powered financial models drew attention, while investors are watching credit losses and margins next.
How the markets moved todayThe S&P 500 (^GSPC +1.08%) fell 1.21% to 7,420.10, while the Nasdaq Composite (^IXIC +1.91%) fell 1.34% to 26,021.66. Among digital banking and financial technology services peers, SoFi Technologies (SOFI +2.96%) closed at $17.42, down 1.64%, and Block (XYZ +2.66%) closed at $72.84, down 2.46%, showing weaker sentiment across fintech shares.
What this means for investorsNu Holdings shares rose modestly even as fintech peers weakened, helped by interest in the company’s AI-driven credit platform and its $1 billion share repurchase program. The AI angle matters because NuFormer is already being used in credit-card decisioning and unsecured lending, making it part of Nu’s underwriting and loan-pricing engine rather than a surface-level product story.
The bigger question is whether Nu’s growth will stay profitable after accounting for credit losses. The company is still growing fast, but in the first quarter, it set aside more for potential credit losses and saw pressure on its risk-adjusted net interest margin. This puts the focus on the quality of its lending growth. Investors will be closely watching whether Nu can continue using AI and customer growth to generate more revenue while keeping risk-adjusted margins and credit trends steady.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy.
Nu Holdings (NU 1.40%) is an exciting digital bank based in Brazil. Although the stock soared last year, it's dropped in 2026 and is down 22% year to date.
However, it might have bottomed out for the year, and it has several tailwinds that could send it higher. Here are three catalysts for Nu stock in 2026.
1. It's getting bank charters in Brazil and Mexico Nu operates a financial app in Brazil, Mexico, and Colombia. It has 135 million users as of the end of the first quarter, 115 million of them in its home country, Brazil, where it's the largest private financial institution. It has become popular among mass users who are often closed out of the banking system in Brazil, which has high barriers to entry. It has released several products targeting more affluent consumers, and that segment is also growing.
Image source: Nu.
It has achieved this level of engagement and popularity, with more than half of the adult population in Brazil using the platform, without a full bank charter. Instead, it has operated as a payments, credit, financing, and investment company. Obtaining a full bank charter, which it has applied for, will let it offer more products and achieve greater stability, as it can operate all of its services under one umbrella instead of applying for various licenses and permits in different areas. Since it's getting closer to saturation among new users, this opens up an opportunity to cross-sell and deepen engagement with its existing user base.
It's also getting a bank charter in Mexico, where it still has just a fraction of the adult population at 15 million users.
2. It's getting a bank charter in the U.S. Management has implied that it would continue to expand into new regions, and it recently received a conditional bank charter to operate in the U.S. It hasn't provided many details about this new venture yet, and it's still waiting for full approval from regulators. During the next 12 to 18 months, it needs to fully capitalize the bank in accordance with regulations.
Once approved, it plans to offer the full gamut of banking products, including deposit accounts, credit cards, and other lending products through its app. The U.S. population of 342 million is almost as big as the populations of Brazil, Mexico, and Colombia combined, providing a vast new market opportunity.
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In March, it announced a partnership with soccer franchise Inter Miami CF and named its new stadium Nu Stadium. The company said that it's a "significant milestone in its international growth strategy and reinforces its long-term commitment to the United States," and the partnership is meant to build its brand as it gets started in the U.S.
Given its roots, it's likely to target the large Spanish-speaking population in the U.S. South. Management also said this is part of Nu's "global mindset," and more could be on the way.
3. It's using AI to make better lending decisions Artificial intelligence (AI) is proving its value in many different areas, and one field where it's disrupting norms is in credit scoring. Upstart Holdings and Pagaya Technologies are both making waves as AI credit-scoring platforms, and Nu has its own foundation model called Nuformer that uses AI and machine learning to approve more borrowers without increasing risk. Its newest model reduced risk by 70% for the same population as previous models.
That drives financial inclusion, one of its missions, as well as increased revenue and improved credit quality, which has been an issue for investors recently. The company believes that its immense data store from its highly engaged users gives it an edge in identifying good borrowers, and there have already been tangible results.
In the 2025 fourth quarter, Nu posted a half-percentage-point increase in credit card purchase volume market share in Brazil, the highest absolute increase in the past 10 years for any bank. The credit book increased 40% year over year, and the write-off rate was steady at 2.8% to 2.9%. These are incredible results and could get even better.
Nu stock is on sale right now, but it could soar in the second half of the year.
Nu Holdings Ltd. (NU - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned +0.8%, compared to the Zacks S&P 500 composite's +0.3% change. During this period, the Zacks Banks - Foreign industry, which Nu falls in, has gained 9.2%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Nu is expected to post earnings of $0.20 per share for the current quarter, representing a year-over-year change of +42.9%. Over the last 30 days, the Zacks Consensus Estimate has changed +1.3%.
For the current fiscal year, the consensus earnings estimate of $0.84 points to a change of +35.5% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $1.15 indicates a change of +37.4% from what Nu is expected to report a year ago. Over the past month, the estimate has changed -1.2%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nu is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Nu , the consensus sales estimate of $5.36 billion for the current quarter points to a year-over-year change of +46.1%. The $21.96 billion and $26.98 billion estimates for the current and next fiscal years indicate changes of +39.2% and +22.9%, respectively.
Last Reported Results and Surprise HistoryNu reported revenues of $4.97 billion in the last reported quarter, representing a year-over-year change of +53%. EPS of $0.19 for the same period compares with $0.12 a year ago.
Compared to the Zacks Consensus Estimate of $4.97 billion, the reported revenues represent a surprise of -0.01%. The EPS surprise was -5%.
Over the last four quarters, Nu surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Nu is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nu . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Several key stocks across consumer staples, finance, and industrials just added notable buyback capacity, but for different reasons. Two names are boosting their authorizations as their stocks and businesses perform very well. Meanwhile, a company taking over Brazil’s financial sector is expressing confidence in a rebound as markets pressure its share price in 2026.
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Monster Beverage
$91.34 0.00 (0.00%)
As of 06/18/2026 04:00 PM Eastern
52-Week Range$58.09▼
$93.92P/E Ratio44.13
Price Target$89.35
The company’s latest win was its Q1 2026 earnings report, which caused shares to soar nearly 14% afterward. Monster crushed estimates on the top and bottom line, with the firm posting sales growth of 22.6% year over year (YOY). When taking into account currency tailwinds, sales rose 26.9% YOY. The company posted extremely strong results in its international business, with non-U.S. sales rising by a whopping 44.9% YOY.
Notably, Monster has also authorized a new $500 million share buyback program, bringing its total buyback capacity to $900 million. Monster’s buyback capacity is relatively small, but still meaningful, equal to around 1% of its market capitalization near $90 billion. With the firm generating free cash flow of over $2 billion in the last 12 months, Monster has more than enough cash coming in to support this program.
Overall, given the success Monster is seeing, this program is a signal that Monster expects that success to continue. Notably, Monster’s buybacks over the last 12 months were just $221 million. The company’s added capacity gives it the option to accelerate this spending should it choose to.
NU Initiates $1 Billion Buyback With Shares Down Over 30%NU NYSE: NU has become a digital banking leader in Latin America, with a particularly strong presence in Brazil. In its latest quarter, NU’s Brazilian customer base surpassed 115 million. NU is the largest private financial institution in Brazil, with more than half of the country’s population of 213 million being customers.
NU Today
$12.73 +0.02 (+0.19%)
As of 06/18/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$11.20▼
$18.98P/E Ratio19.59
Price Target$17.08
However, after putting up an impressive 62% gain in 2025, shares are down more than 20% in 2026. The stock has also fallen more than 30% from its 52-week high. Macroeconomic risk has pressured NU shares, with the stock falling as oil prices rise, leading to concerns over credit quality.
The company also hired a new Chief Financial Officer (CFO), Rob Linvingston, causing shares to drop 8%. This heightened fears around credit quality, which past CFO Guilherme Lago ardently pushed back on.
Days later, NU approved a $1 billion share repurchase program, which it plans to conduct over the next 12 months. This would be a substantial return of capital in a relatively short period, equal to around 1.7% of NU’s $60 billion market capitalization. NU’s net income in its latest quarter alone was $871 million, putting it in a solid position to execute this program. NU shares have come down significantly due to concerns that the company likely does not agree with. In this context, NU is indicating confidence in a recovery through its buyback program, likely seeing value in its stock.
Rockwell Ups Buyback Authorization Amid Strong ResultsLast up is Rockwell Automation NYSE: ROK. After delivering a total return near 38% in 2025, the stock has continued to build off that impressive performance, with its return sitting near 20% in 2026. The company has been generating strong demand for its industrial automation offerings across many key end markets.
Rockwell Automation Today
ROK
Rockwell Automation
$474.16 +0.37 (+0.08%)
As of 06/18/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$305.44▼
$475.92Dividend Yield1.16%
P/E Ratio49.29
Price Target$454.05
Rockwell’s automotive end market saw mid-teens sales growth during its latest quarter, while e-commerce and warehousing automation sales rose over 30% YOY.
Additionally, the company’s semiconductor end market posted high-teens growth, and its data center end market more than doubled YOY. Total sales rose nearly 12% YOY, and adjusted earnings per share (EPS) ballooned over 30% YOY. The company beat estimates on both figures and crushed EPS expectations of $2.88 with its $3.30 post.
Rockwell also recently announced a $1 billion share repurchase authorization. This adds to the company’s previous buyback capacity, bringing its total capacity to $1.215 billion. This is meaningful, equal to around 2.3% of Rockwell’s approximately $52 billion market capitalization. The company’s solid last 12 months free cash flow of $1.34 billion gives it the ability to execute this program at a measured pace over time. The read on Rockwell’s buyback program is similar to Monster’s. The company has confidence in its continued success, and it is making it a priority to return capital to shareholders.
Rockwell: Diversified Growth and Capital ReturnsAmong this group, Rockwell’s diversified growth is particularly impressive. It's not too often that companies are able to grow sales across several different end markets at a double-digit clip. The company has also returned a very significant $4.6 billion to shareholders over the past five years. Buybacks and dividends contribute to this, with Rockwell having a meaningful dividend yield near 1.2%. Still, the company’s valuation is worth monitoring. Currently, Rockwell trades at a forward price-to-earnings ratio near 36x, above its three-year average of 27x.
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Key Takeaways NU serves more than 115 million customers in Brazil but captures only about 7% of its profit pool.Nu surpassed 15 million customers in Mexico and reached break-even there in Q1 2026.NU is nearing 5 million customers in Colombia, adding another avenue for expansion. Nu Holdings (NU - Free Report) continues to benefit from one of the most compelling growth opportunities in Latin American banking: its enormous ability to capture additional market share in Brazil’s financial services market.
The company has now surpassed 115 million customers in Brazil, making it the largest private financial institution in the country. Even more impressive, activity rates continue to expand, with active customers approaching the 100 million mark. Despite this scale, NU estimates that it currently captures only about 7% of Brazil’s addressable profit pool, which exceeds $100 billion in annual gross profit. That figure highlights how much room remains for the company to deepen customer relationships and expand across core banking products.
The strength of NU’s operating model is also becoming increasingly evident outside Brazil. In Mexico, the company has surpassed 15 million customers and has already become the third-largest financial institution in the market. The same playbook that proved successful in Brazil appears to be gaining traction, with customer growth accelerating, monetization improving, operational efficiency strengthening, and the business reaching break-even during the first quarter of 2026.
Meanwhile, Colombia continues to provide another avenue for expansion, with Nu Holdings approaching 5 million customers and steadily building its presence in the market.
For investors, the key takeaway remains the same: NU’s growth story is still largely driven by its ability to capture a larger share of massive underpenetrated banking markets. With only a small fraction of Brazil’s profit pool currently captured and successful expansion underway in Mexico and Colombia, the company appears to have a substantial runway for continued growth.
Peer ComparisonWhile Nu Holdings continues to surge ahead in Latin America, U.S.-based peers like SoFi Technologies (SOFI - Free Report) and Block (XYZ - Free Report) are taking different routes to growth. SoFi is focusing on deepening customer relationships through bundled financial services like lending, investing and banking. Its strategy seems to emphasize lifetime value over rapid user expansion. Meanwhile, Block is sharpening its dual ecosystem approach, serving both individual users through Cash App and small businesses via Square.
While both SoFi and Block are evolving steadily, NU’s pace and scale of customer acquisition in emerging markets underscore a distinct momentum that sets it apart in the global fintech landscape.
NU’s Price Performance, Valuation, EstimatesThe stock has declined 27% year to date against the industry’s 9% rise.
Image Source: Zacks Investment Research
From a valuation standpoint, NU trades at a forward price-to-earnings ratio of 12.43, which is well above the industry’s 10.86. It carries a Value Score of C.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NU’s 2026 earnings has stayed unchanged over the past 30 days.
Image Source: Zacks Investment Research
NU currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
American investors have no shortage of opportunities to deploy capital within the U.S. financial services industry. However, it's a good idea to expand your horizons. There are booming businesses in other parts of the world.
Nu Holdings (NU +0.62%) is a prime example. It has become a banking powerhouse in Latin America. And it now sports a market cap of $59 billion. Here's what investors need to know before buying the fintech stock.
Image source: Getty Images.
All signs point to ongoing success Nu's value proposition is clear. It provides low-cost, transparent, and easy-to-access financial services to an audience that was not only historically underserved but also unfamiliar with a digital-first model. Founded in 2013, this business continues to register phenomenal growth as its adoption soars.
As of March 31, Nu had over 135 million customers, up 14% year over year. An ever-expanding user base propels the top line. First-quarter 2026 revenue jumped 42% to $5.3 billion.
Most of the users are in Brazil, the company's home country. Nu has a presence in Mexico (15 million customers), where it's the third-largest financial institution. And it has nearly 5 million customers in Colombia. Additionally, while it obtains the necessary approvals, the business is planning to start operations in the U.S. next year, which would be a major milestone.
Still in hypergrowth mode, Nu is reporting sizable profits. Its Q1 net income rose 41% year over year, resulting in a margin of 16.4%. Just four years ago in Q1 2022, the business posted a $45 million net loss.
It's understandable that by avoiding the costly overhead that comes with operating a network of physical bank branches, the company runs a leaner model. Its return on equity (ROE) was 29% during Q1. This is significantly higher than JPMorgan Chase, a dominant and scaled financial services entity, which reported an ROE of 19% last quarter.
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Can this fintech stock be a long-term winner? Nu's financial performance has been exceptional. But the stock is under pressure. It has fallen 28% in 2026 (as of June 11), although it has climbed 61% in the past three years.
Chief Financial Officer Guilherme Lago, a seven-year company veteran, will step down on July 13. Nu's expected credit losses were up 76% year over year, which might be scaring the market. The stock was also downgraded by analysts earlier this month.
These are valid headwinds. But for long-term investors, it's hard not to be interested in this opportunity. Nu shares trade at a compelling forward price-to-earnings ratio of 16.1. This Latin American banking empire deserves a closer look.
JPMorgan Chase is an advertising partner of Motley Fool Money. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and Nu Holdings. The Motley Fool has a disclosure policy.
Few stocks are as misunderstood as Nu Holdings (NU +0.62%). The digital bank, which focuses on Latin America, is poised to generate substantial profits in the years to come, but it keeps being downgraded by Wall Street due to misinterpretations of its lending business.
Shares are now down 37% from their highs, while revenue grew 42% year over year last quarter. Here's why I'm buying more shares of Nu Holdings after this recent dip.
Increasing loyalty in Brazil As of last quarter, the company had 135 million customers, most of them in Brazil. Over half of adults in the country have an account with the digital bank, which aims to bring modern banking tools to those whom legacy banks previously disregarded, keeping them out of the financial system.
At the same time, Nu's revenue from existing customers in Brazil is lower than that of the average bank. Management intends to change this by increasing product penetration through services like instant payments, lending, investing, and credit cards.
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For example, management just launched a premium credit card for wealthier customers called Nubank Ultravioleta, using a model similar to American Express' by adding services around credit card spending. This and other initiatives are why average monthly revenue per customer just hit a record of $15.90, growing 23% year over year.
Investors are pessimistic about the digital bank's increase in nonperforming loans (NPLs) that are 15 to 90 days past due, which rose to 5% last quarter. However, this is a seasonality issue in Brazil and was only up from 4.8% in the same period a year ago. While you don't want to minimize this figure, it is the price of doing business with lower-income earners, which is factored into the interest rate charged on loans.
Net income was up 41% year over year last quarter to $871 million.
Image source: Nu Holdings.
Hitting its stride in Mexico The company's expansion into Mexico is driving strong growth. It recently hit 15 million active customers in the country and is closing in on $1 billion in annual revenue, having launched its business in 2021. Mexico is much further behind Brazil in digital payments and credit card adoption, giving Nu Holdings the same runway it had in Brazil a decade ago.
Market share in Mexico is still minuscule, but it is seeing huge customer adoption and steady growth in monthly revenue per customer. As these work in tandem, revenue in Mexico should continue to grow rapidly. Plus, its business just turned profitable in the country, which will turn it from a drag on net income over the last few years to a benefit over the next few.
NU Net Income (TTM) data by YCharts; TTM = trailing 12 months.
Returning capital to shareholders Over the past 12 months, Nu Holdings' net income was $3.2 billion. I expect further growth from the steady increase in revenue per customer in Brazil and the growth inflection underway in Mexico. The cherry on top is the company's rapid growth in Colombia and its planned expansion into the U.S. once it obtains a banking license here.
This should help net income climb to $5 billion and even above $10 billion in the years ahead, especially once you factor in the operating leverage inherent in a scaled-up national bank with no overhead costs from physical branches.
After its drawdown, Nu stock now trades at a market cap of $57 billion. To take advantage of this lower price, management is repurchasing stock in a new $1 billion program, which will help to reduce shares outstanding and grow earnings per share . A market cap of $57 billion is cheap for a business poised to eventually generate $10 billion or more in annual net income; you just need a time horizon longer than a year. That's why I am buying more shares of Nu Holdings stock.
Nubank logo in this illustration taken November 27, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
SAO PAULO, June 12 (Reuters) - Brazilian digital lender Nubank (NU.N), opens new tab said on Friday it was aware of an erroneous message sent to customers claiming the firm was liquidated by the country's central bank, adding the incident resulted from an "one-time operational error."
In a statement, Nubank, which is listed in New York under Nu Holdings, said the incident was under internal investigation, and did not affect clients' data protection. The lender's operations continue as usual, it said.
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Earlier on Friday, dozens of customers reported receiving a message from the lender, via app and e-mail, saying the firm had been liquidated by Brazil's central bank.
"The institution retains all of its active licenses, and its operations remain unaffected, continuing to operate safely and stably," Nubank said in an update of its initial statement.
The central bank also denied the move in a reply to a comment request.
Reporting by Fernando Cardoso, Andre Romani and Victor Pinheiro, Editing by Iñigo Alexander
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Calgary, Alberta--(Newsfile Corp. - June 12, 2026) - NU E Power Corp. (CSE: NUE) ("NUE" or the "Company") announces that it has filed its unaudited interim condensed consolidated financial statements and management's discussion and analysis ("MD&A") for the first quarter of 2026. The interim filings are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.nu-energy.ca.
During the first quarter of 2026, the Company completed several important corporate initiatives, including the successful completion of a non-brokered private placement raising gross proceeds of $1.18 million and the rescission and unwind of the Blu Dot transaction, allowing management to focus on advancing its core development opportunities.
Q1 2026 Financial Highlights
Revenue of $611,902 for the quarter, compared to $nil in the prior-year period, attributable to Blu Dot (defined below) operations prior to the March 6, 2026 unwind
Net income of $4.43 million, compared to a net loss of $646,707 in the prior-year period
Cash position of $469,037 as at March 31, 2026
Working capital deficiency reduced to $1.19 million from $2.48 million as at December 31, 2025
Completed a non-brokered private placement generating gross proceeds of approximately $1.18 million
Continued advancement of the Alberta development portfolio, Darkhan feasibility and permitting initiatives, and evaluation of the XBASE opportunity
Q1 Results in Context
NUE's Q1 2026 revenue and cost of sales were attributable to the operations of Blu Dot Systems Inc. ("Blu Dot") during the period prior to the completion of the rescission and unwind of the Blu Dot acquisition on March 6, 2026. During the intervening period, Blu Dot generated gross profit of $97,433 from the sale of switchgear units and contributed net income of $58,767 to the Company's consolidated results.
Net income for the quarter was primarily driven by a non-cash, non-recurring accounting gain of $5.56 million associated with the deconsolidation of Blu Dot following completion of the rescission transaction.
Management believes the completion of the rescission and unwind simplifies the Company's corporate structure and enables increased focus on advancing its core energy infrastructure development strategy.
During Q1 2026, NUE completed a non-brokered private placement for gross proceeds of $1,180,492. Net proceeds were used for general working capital, project development expenses, and acquisition of development rights, as disclosed in the MD&A.
Management Commentary
"During the quarter, we continued to execute on our strategic transition toward the development of energy infrastructure opportunities intended to position the Company to serve growing industrial and compute-intensive power demand," said Broderick Gunning, Chief Executive Officer. "The successful financing completed during the quarter, combined with the improvement in our working capital position, provides an important foundation as we advance our project portfolio and evaluate additional growth opportunities."
- Broderick Gunning, Chief Executive Officer, NU E Power Corp.
Additional Information
Investors are encouraged to review the unaudited interim financial statements and MD&A for Q1 2026 in full. These documents are available under the Company's profile at www.sedarplus.ca and on the Company's website at www.nu-energy.ca.
About NU E Power Corp.
NU E Power Corp. is an energy infrastructure company focused on the origination, development, and advancement of integrated power and energy park opportunities. The Company emphasizes strategic site positioning, grid access, and disciplined stage-gated project development across selected markets serving compute-intensive and large-load industrial demand.
Forward-Looking Information
Certain information set forth in this press release contains forward-looking statements that involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Words such as "may", "will", "would", "expect", "intend", "plan", "believe", "target", "subject to", "focus", "continued", "anticipated", "required", "advance", "evaluate", "position", or the negative or other variations of these words, or similar words or phrases, are intended to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to: management priorities and capital planning; feasibility work and permitting activities; additional financing requirements; regulatory submission timelines; advancement of the development portfolio and project opportunities; evaluation of additional growth opportunities; and positioning to serve compute-intensive and large-load industrial demand. Such statements are not guarantees of future performance. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Readers are cautioned that forward-looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on opinions, assumptions and estimates of management considered reasonable at the date the statements are made.
The forward-looking statements are based on a number of material assumptions, including: utility confirmation of capacity and upgrade approvals; availability of additional financing on acceptable terms; successful completion of feasibility studies; ability to advance projects through stage-gated development; continued availability of grid access and suitable sites; continued demand from compute-intensive and large-load power users; and permitting, interconnection and construction proceeding as planned.
The Company is subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. Such factors include, among other things: utility approvals or infrastructure upgrades may be delayed or unavailable; additional financing may not be available on acceptable terms; feasibility studies may not support project advancement; development opportunities may not advance to commercialization; anticipated compute-intensive and large-load power demand may not materialize; evaluated growth opportunities may not be pursued or realized; and other risks customary to CSE-listed issuers. Additional risk factors are described in the Company's continuous disclosure documents available on SEDAR+ at www.sedarplus.ca. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301408
Source: NU E Power Corp.
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Are you looking to add a digital banking disruptor to your portfolio? Choosing between SoFi Technologies (SOFI +5.04%) and Nu Holdings (NU +4.04%) depends on whether you prefer a U.S. consumer specialist or a Latin American growth engine.
Both companies are successfully chipping away at the market share of traditional banks by offering low-fee, digital-first products. While SoFi aims to become a financial super-app for American professionals, Nu has built a massive customer base across emerging markets like Brazil, making this a classic battle between steady domestic expansion and rapid international scaling.
The case for SoFi TechnologiesSoFi Technologies functions as a one-stop shop for personal finance, catering to high-earning members with its mobile-first platform. It generates revenue by offering a suite of products, including personal loans, mortgages, and checking accounts, while also providing technology infrastructure through its Galileo and Technisys segments. By positioning itself as a modern alternative to legacy banks in the fintech stocks space, the company aims to capture the full lifecycle of its members.
For fiscal year 2025, revenue reached $3.6 billion, representing a significant 35% increase compared to the previous year. The company reported a net income of approximately $481.3 million, which translates to a net margin of roughly 13%. This net margin represents the percentage of total revenue that remains as profit after all expenses are paid, and it shows how much the company earns for every dollar it brings in.
As of its December 2025 balance sheet, the debt-to-equity ratio is approximately 0.2. This ratio is calculated by dividing total debt by shareholder equity, helping you understand how much the business depends on loans versus its own capital. For FY 2025, free cash flow was negative $4.0 billion, which is the cash left over after the business pays for its daily operations and investments in physical property.
The case for NuNu operates as one of the largest digital financial platforms globally, primarily serving customers in Brazil, Mexico, and Colombia. The company provides a range of low-fee services, including credit cards, savings accounts, and investment products, to over 135 million members. By leveraging a low-cost operating model and proprietary data, the company has rapidly expanded its footprint across Latin America without the need for traditional physical branches.
In FY 2025, revenue climbed to $16.3 billion, a robust 45% growth rate over the prior year. The company achieved a net income of nearly $2.9 billion, resulting in a net margin of approximately 18%. A net margin of this level shows that the business has reached a scale where it can generate substantial profit from its massive customer base.
Based on the December 2025 balance sheet, the debt-to-equity ratio is roughly 0.5x, indicating a balance between borrowed funds and shareholder equity. The current ratio is approximately 0.6x, a figure that compares current assets to current liabilities to assess short-term financial health. For FY 2025, free cash flow reached nearly $3.5 billion, meaning the company generated substantial cash after covering its operational needs and equipment purchases.
Risk profile comparisonSoFi Technologies faces risks from its reliance on a small number of loan purchasers and technology clients, as any disruption there could hurt its revenue. Because it functions as a bank, the company is also under the close watch of regulators like the Federal Reserve, which can impose strict capital requirements or change student loan policies. Furthermore, the company must fight for market share against massive traditional institutions such as JPMorgan Chase.
Nu operates in a highly competitive Latin American market where it goes head-to-head with regional giants like MercadoLibre. Because its business is concentrated in emerging markets, it is vulnerable to changes in local government regulations and economic instability in Brazil or Mexico. Fluctuations in foreign exchange rates and potential cybersecurity threats to its digital platform also present ongoing challenges to its operational stability.
Valuation comparisonNu looks cheaper on both an earnings and sales basis, especially considering its lower forward P/E based on future earnings estimates.
MetricSoFi TechnologiesNuSector BenchmarkForward P/E26.7x14.7x16.6xP/S ratio4.3x3.9xN/ASector benchmark uses the SPDR XLF sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
If you’ve spent time researching the fintech space, you’ve likely come across Nu and SoFi Technologies. But which of these two industry disruptors is a better fit for your portfolio? The answer likely comes down to your risk tolerance. Nu faces increased risk due to its primary Latin American market. Emerging markets are naturally less financially stable, and Nu investors may always face risks regarding foreign exchange rates and economic instability.
That being said, Nu is also much larger in terms of its customer count. It closed 2025 with 131 million customers, adding 17 million during the year, a 15% increase. SoFi is smaller, but growing faster, increasing its member count by 35% to 13.7 million members in 2025. Investors should watch not only total customer counts here, but also the financial metrics surrounding them, such as average revenue per customer and average cost to serve.
At a high level, both stocks are a bet on a new generation of technologically native financial customers embracing a range of financial services and staying loyal to a company as their financial needs expand. Nu looks to have the edge in terms of both net margin and valuation, but your choice will likely come down to your comfort in owning a company that focuses on a foreign, developing market. Another way to play that trend would be to invest in an ETF that holds both stocks, like the Global X FinTech ETF or the VanEck Digital Native Economy ETF.
The market is crowding into any stock deemed a winner of the artificial intelligence (AI) revolution. All other stocks are seeing liquidity drained from their share prices if they are unassociated with AI, such as Nu Holdings (NU +4.04%), even though the Latin American digital banking giant is growing like gangbusters and has seen a profit inflection.
Shares of Nu Bank are down about 30% from recent highs. Here are three reasons the stock looks like a screaming bargain for investors right now.
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More Latin American growth The core of Nu's business today is in Brazil, its home market, and Mexico. It operates in Colombia, but that is an inconsequential market for revenue today.
Brazil and Mexico are at two different maturity stages but still have great growth prospects during the next few years. Nu Bank has almost 100 million active customers in Brazil out of a population of 213 million, meaning growth is not going to come from new user acquisition. It is adding new products across its digital banking ecosystem to generate more revenue from each customer. You can see this in the consolidated monthly average revenue per customer, which hit $16 last quarter, up from $3 at the end of 2020.
But in Mexico, Nu Bank still has a long runway to expand its banking service. It has 15 million customers, growing from a standing start a few years ago, compared to Mexico's population of 133 million. It wouldn't be shocking if half the population of Mexico were using a Nu Bank product in one form or another in five to 10 years.
Image source: Getty Images.
A controversial expansion into the U.S. Outside of Brazil, Mexico, and Colombia, Nu's next target is actually the U.S. This was a controversial decision for the bank, as the U.S. is a highly competitive market with the world's biggest banks and many digital disruptors in the same mold as Nu Bank.
Management believes it has an angle worth pursuing in the U.S., though it hasn't yet laid out any specifics. My guess is that it will target lower-income customers, as it has in Brazil and Mexico, with better lending models, and will also focus on the country's growing Latino population. At the same time, Nu will allocate only a small portion of its annual operating budget to the U.S. once it enters the market, which won't weight on its profitability.
If it fails, investors will only see a small, expensive headwind for a few years. But if Nu Bank can expand to millions of customers in the U. S., it has a chance to build a business the same size as its Brazilian segment within the next decade. That is why the company is targeting the country as its fourth market, given its vast economy.
NU Net Income (TTM) data by YCharts.
Underrated efficiency gains What Nu Bank is also underrated for is its ability to operate efficiently at a larger scale. Net income has exploded, up 4,000% during the past five years from close to breakeven to $3.2 billion.
This still underrates the true profit potential for the digital bank. It is spending heavily to market to customers in Mexico and Colombia while spending money to obtain its banking charter in the U.S. Net income grew 41% year over year last quarter, compared to 27% gross profit growth. Expect more of the same in the years ahead, as a similar level of overhead costs is spread around the expanding business.
Right now, Nu Bank has a market cap of about $64 billion. Earnings should keep tracking higher, approaching its current 41% growth rate during the next five years. This could help net income grow from $3.2 billion today to $10 billion in a shorter time than investors think, making the stock a bargain at these prices.
Nu Holdings (NU +4.04%) is a Brazil-based online bank that's disrupting finance in Latin America. The former Warren Buffett stock trades down about 31% from its high early in 2026 despite phenomenal performance. Let's see why it's a great company, why the stock is down, and whether or not this is a buying opportunity.
What's new at Nu Nu has scaled and become a financial powerhouse in Brazil. It claims more than half of that country's adult population as customers, and it has become the largest private financial institution in the country. It has a high monthly activity rate of 83%, up from 78% in 2022, with 100 million active customers in Brazil.
Image source: Nu.
While the Brazilian market might be saturated, the company still sees significant opportunities to cross-sell and increase engagement. It has less than 7% of the gross profit opportunity, and it's switching gears from focusing on attracting new members to selling more and higher-fee products.
It has plenty of other ways to grow, too, most acutely in expansion. It's making a concerted effort to replicate its Brazil success in Mexico, where its growth is outpacing the initial project in Brazil, and it's taking it up a notch by obtaining a proper bank charter to expand its activities. While it's still onboarding customers in Mexico at a rapid pace -- from 2.1 million in 2022 to 15 million today -- it has less than 1% of the gross profit market share. The Brazil business has been profitable enough to keep the ship afloat and fund new ventures, but the Mexico business broke even in the first quarter, and the investment is starting to pay off.
Nu also operates in Colombia, its next growth market, and it recently received a bank charter in the U.S., where its plans remain to be seen.
High growth, higher risk Nu's expansion into more markets and more credit products comes with a cost, both in money and in credit exposure. Nu famously has a low cost-to-serve per customer, and it has remained below $1 for the past few years, up until the 2026 first quarter, where it hit $1.
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Most any company needs to invest to grow. The market doesn't like to see higher costs, because they increase risk, as does credit exposure. But signing up new groups to credit products, which generally increases default rates, is part of how it can expand and gain market share.
Nu has a long growth runway, and what the market sees as pressure today should lead to a much bigger business and higher stock price down the line. Trading at 21 times trailing-12-month earnings while reporting a 42% year-over-year increase in sales and 41% increase in net income, Nu looks like an opportunity to buy on the dip.
SÃO PAULO--(BUSINESS WIRE)--Nubank today announced the appointment of Rob Livingston as Chief Financial Officer, effective July 13, succeeding Guilherme Lago, who is transitioning to the role of Special Advisor, after five years as CFO and seven years at Nu. Lago will support the transition through August 31, and will remain as a Special Advisor to the Management Team of Nu Holdings and to its Audit and Risk Committee, advising on corporate development and other strategic matters. Livingston wi.
Visa veteran Rob Livingston joins as CFO as Nubank prepares for planned US banking expansion. Summary
New CFO hire signals focus on Nubank’s next growth phase.
Nu Holdings NU is making a CFO change that could matter far beyond the finance department. The Brazilian fintech has hired Visa V veteran Rob Livingston as chief financial officer, bringing in an executive with North American financial experience as Nubank builds its planned US bank. Livingston, who was Visa's CFO for North America and previously held managerial roles at Capital One Financial, will replace Guilherme Lago on July 13.
The handoff comes at a sensitive point for Nubank. Lago joined the company in 2019, helped guide its 2021 initial public offering on the New York Stock Exchange, and will now become a special adviser to management and the audit and risk committees after deciding to step down. CEO David Vélez said Livingston brings deep knowledge of global financial institutions and a clear view of the US, where Nubank has already received conditional approval for a bank and where Livingston will be based.
For investors, this could be a signal that Nubank is putting more structure behind its next stage of growth. The company now has more than 135 million clients in Latin America, and Livingston will oversee financial officers across Nubank's operating countries, including Brazil, Mexico and Colombia, while a new Brazil CFO role will be created. Nubank is still focused on its current operations, but Vélez said the problems the company is solving are not limited to Brazil or Mexico. Shares slipped 0.6% to $12.91 in extended trading at 5:11 p.m. in New York, after tumbling 22% this year through the regular close.
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Investing at the crossroads of financial services and technology can be an exciting way to allocate capital. And there might be no two companies grabbing the attention of the investment community quite like Nu Holdings (NU +4.04%) and SoFi Technologies (SOFI +5.04%).
Their share prices have been under pressure in 2026. But these fintech stocks have outperformed the S&P 500 index in the past three years. For growth investors looking to score huge returns, which of these businesses is the better buy right now?
Image source: The Motley Fool.
Nu Holdings thrives thanks to robust unit economics Nu's growth gets a lot of attention, which isn't surprising. The company's revenue totaled $16.3 billion in 2025. This was up 240% compared to 2022, thanks to a burgeoning customer base. As of March 31, Nu counted 135 million customers, of which 115 million are in Brazil, 15 million are in Mexico, and 5 million are in Colombia. And the business plans to commence operations in the U.S. next year.
Revenue growth has spurred impressive bottom-line performance. Net income surged 41% year over year in Q1 2026. But investors must dig deeper to understand why the business has become so profitable. It comes down to unit economics. Nu generates $15.90 in revenue per active customer, which is significantly higher than the $1 it costs to serve them.
Another factor that is easy to overlook is that Nu doesn't operate any physical bank branches. As a result, it completely avoids the overhead costs associated with it. By running a leaner business model compared to traditional banks, the company can support its bottom line.
Nu's valuation is too hard to ignore. Shares trade 30% below their late January peak (as of May 29). And investors can now buy the stock at a forward price-to-earnings (P/E) ratio of 18.3.
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SoFi Technologies continues to focus on innovation Shares of SoFi have also taken it on the chin. They are 43% off their record, which was set in November last year. Whether it's fears about a possible recession and the impact it could have on the company's financials, disruption from artificial intelligence (AI) displacing knowledge workers, or a March short report calling SoFi's accounting practices into question, investors have had a lot to think about recently.
But now, the valuation has gotten more attractive. This stock can be purchased at a forward P/E multiple of 30.4. This is obviously not as cheap as Nu, but the fundamentals might convince investors to take a closer look.
Like Nu, SoFi is also a fully digital bank and it is focused on the U.S. market, a favorable setup that has propelled earnings in recent years. In 2025, adjusted net income soared 112% compared to 2024. Management projects this figure to rise 72% this year. And between 2025 and 2028, the forecast calls for adjusted earnings per share (EPS) to increase 40% (at the midpoint) on an annualized basis.
SoFi will continue to lean on its ability to innovate, which has become a strength. The business is leveraging AI to improve the personal loan experience, while launching blockchain-based solutions to better serve its users. This will support ongoing success.
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Picking a winner is not easy Nu and SoFi are exciting fintech enterprises that are both operating at a high level, despite what their share prices might suggest. They both present solid opportunities for long-term investors, in my view, so picking a single winner isn't an easy task.
Valuation is a critical variable, however. And since Nu trades at a 40% discount to SoFi, I think it's the better stock to buy. It will also certainly cater to growth investors. According to analyst estimates, Nu's diluted EPS will grow at a compound annual rate of 35.1% between 2025 and 2028. This creates a wonderful setup to achieve adequate returns.
This week is not going well for me and my fellow Nu Holdings (NU +4.04%) investors. Shares of NuBank's parent company hit a fresh 52-week intraday low on Tuesday. The stock has fallen 9% over the first two days of the trading week, a contrast to the back-to-back days of slight market upticks.
Nu and several Latin American fintech stocks have fallen out of favor lately. Nu Holdings shares have plummeted nearly 30% so far in 2026. You can blame economic instability and intensifying competition as factors for the cooling, but this week the catalyst for the markdown is pretty clear. Nu has a new CFO, and that was enough to have two major analysts downgrade the Brazilian fintech leader.
Image source: Getty Images.
Out with the old, in with the Nu Bank of America analysts led by Mario Pierry downgraded Nu Holdings stock on Tuesday, from neutral to underperform. The firm wasn't bullish before, but now Pierry is solidly bearish on the stock's near-term prospects. Adding insult to injury, he's slashing the price target from $16 to $10, lower than where the stock began trading on Wednesday, even after the Tuesday sell-off.
The knock on Nu centers primarily on the surprise switch of its CFO. Guilherme Lago -- who had been CFO since 2021 -- is leaving the company. He was instrumental in taking Nu public later that year and ushered in the financial discipline that helped Nu deliver rapid and high-margin growth.
His replacement isn't chopped liver. Rob Livingston was Visa's CFO for North America, its largest business. His three decades of experience spanned primarily across North America, Europe, and Asia. It's not Latin America, but with Nu's recent application for U.S. banking charter -- and after securing naming rights for Miami's Lionel Messi-led Major League Soccer stadium -- North American expansion is inevitably part of its future.
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A world of opportunity Pierry's concerns go beyond just the change for a key executive role. BofA is concerned about rising credit concerns in Brazil, heightened competitive pressures, and how rising loss provisions will squeeze Nu's net margin. These are all legitimate knocks, but BofA had already lowered its price target from $17 to $16 just two weeks ago due to concerns about contracting profitability.
The gray clouds find Pierry resetting BofA's valuation. He feels that Nu should be trading closer to 13 times forward earnings, down from his previous benchmark of 18.
He's not the only one taking a more critical look at Nu. Susquehanna downgraded the stock from positive to neutral on Wednesday, lowering its price target from $18 to $13. Susquehanna echoes the operating margin contraction that Nu reported last month in its first-quarter results. Costs associated with growing its already massive credit card customer base in Brazil and expanding deeper into Mexico are cooling the once high-flying fintech.
The good news here is that Nu is still growing. Last month's first quarter is better than the recent rise of boo birds may suggest. Revenue jumped a better-than-expected 42% with net income climbing a respectable 41%. The days of Nu's bottom line outpacing its top line may be in the past in the short run, but Nu keeps growing.
Nu is currently trading for 14 times this year's earnings and less than 11 times next year's analyst profit target. Fintech stocks understandably trade at a discount to market multiples, but Nu is growing faster than most businesses in this space.
The expansion into North America and beyond will weigh on the already contracting margins, but Nu's home turf of Brazil remains a cash cow, with growing average revenue per user and stable servicing costs.
Nu Holdings (NU +4.04%), a digital banking provider in Latin America, closed Wednesday at $11.64, down 2.43%. The stock moved lower after another analyst downgraded it, highlighting margin pressure and leadership uncertainty. Investors are watching how the new CFO transition affects profitability trends and future guidance. Trading volume reached 106.4 million shares, about 98% above its three-month average of 53.6 million shares. Nu Holdings IPO'd in 2021 and has grown 13% since going public.
How the markets moved todayThe S&P 500 slipped 0.70% to 7,553, while the Nasdaq Composite fell 0.89% to 26,854. Within digital banking, industry peers Banco Bradesco closed at $3.38 (-3.70%), and Itaú Unibanco finished at $7.59 (-3.44%), underscoring broader weakness across Brazilian financial names.
What this means for investorsNu shares slid 2% today after the stock received another downgrade, this time from Susquehanna. An analyst at the firm flipped their rating on Nu from outperform to neutral while lowering their price target from $18 to $13.
They noted that Nu’s operating margins dropped 760 basis points to 19.2%, and its credit loss provisions rose by 33%, which raises concerns about the company’s expansion efforts -- particularly into Mexico and the U.S.
Further complicating things for Nu, its Brazilian-based CFO stepped down and was replaced by former Visa North America CFO Rob Livingston, prompting Susquehanna to take a wait-and-see approach to how Nu’s push into global banking will unfold.
Trading at just 13 times forward earnings, Nu’s excellent growth is reasonably priced, but the market seems worried about longer-term profitability.
Josh Kohn-Lindquist has positions in Nu Holdings. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy.
SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU) today announced that its Board of Directors has approved a share repurchase program of up to US$1.0 billion of the Company's Class A ordinary shares, to be conducted over a 12-month period beginning June 4, 2026. The program is the output of a deliberate capital allocation policy. Nu's operations are now generating significant capital, and the Board determined that repurchasing the Company's shares represents an attractive use of that capi.
