Tearsheet

Nu (NU)

Market Price (3/28/2026): $13.61 | Market Cap: $65.9 Bil
Sector: Financials | Industry: Regional Banks

Nu (NU)

Market Price (3/28/2026): $13.61
Market Cap: $65.9 Bil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -42%	Weak multi-year price returns 2Y Excs Rtn is -11%	Key risks NU key risks include [1] a Brazilian regulatory challenge to its "Nubank" brand identity that requires it to secure a banking license, Show more.
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 22%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 38%, CFO LTM is 4.0 Bil, FCF LTM is 3.7 Bil
3	Attractive yield FCF Yield is 5.6%
4	Low stock price volatility Vol 12M is 40%
5	Megatrend and thematic drivers Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -42%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 22%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 38%, CFO LTM is 4.0 Bil, FCF LTM is 3.7 Bil
3	Attractive yield FCF Yield is 5.6%
4	Low stock price volatility Vol 12M is 40%
5	Megatrend and thematic drivers Megatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology.
6	Weak multi-year price returns 2Y Excs Rtn is -11%
7	Key risks NU key risks include [1] a Brazilian regulatory challenge to its "Nubank" brand identity that requires it to secure a banking license, Show more.

Valuation, Metrics & Events

	3/28/26	2025	2024	2023	2022	2021
Share Price CYE	$13.61	$16.74	$10.36	$8.33	$4.07	$9.38
Market Cap CYE ($ Bil)	65.9	81.0	49.7	39.6	19.1	43.2
Total Debt ($ Bil)	1.1	1.1	0.5	1.1	0.5	0.2
Total Cash ($ Bil)	17.3	17.3	12.3	9.1	4.1	1.7
Enterprise Value ($ Bil)	49.6	82.1	50.2	40.7	19.6	43.4
Valuation Ratios
P/S TTM	6.9	8.4	6.3	8.1	7.9	55.8
P/EBIT TTM	-	-	-	-	-	-
P/E TTM	26.0	32.0	27.9	106.4	-143.3	-209.9
P/FCF TTM	18.0	22.1	13.7	-28.6	-13.4	-33.7
Sector Ratios
P/S TTM (Sector)	2.9	3.0	3.1	2.8	2.8	3.4
P/EBIT TTM (Sector)	6.5	7.1	8.1	7.1	7.4	7.5
P/E TTM (Sector)	10.6	11.0	11.5	9.9	9.4	10.0
P/FCF TTM (Sector)	8.0	8.6	8.9	7.8	6.4	7.6

	3/28/26	2025	2024
Share Price CYE	$13.61	$16.74	$10.36
Market Cap CYE ($ Bil)	65.9	81.0	49.7
Total Debt ($ Bil)	1.1	1.1	0.5
Total Cash ($ Bil)	17.3	17.3	12.3
Enterprise Value ($ Bil)	49.6	82.1	50.2
Valuation Ratios
P/S TTM	6.9	8.4	6.3
P/EBIT TTM	-	-	-
P/E TTM	26.0	32.0	27.9
P/FCF TTM	18.0	22.1	13.7
Sector Ratios
P/S TTM (Sector)	2.9	3.0	3.1
P/EBIT TTM (Sector)	6.5	7.1	8.1
P/E TTM (Sector)	10.6	11.0	11.5
P/FCF TTM (Sector)	8.0	8.6	8.9

	NU	S&P 500
REVENUE GROWTH	VERY GOOD
Rev LTM ($ Bil)	9.6
Rev Chg Q	30.2%	7.3%
Rev Chg LTM	22.3%	6.7%
Rev Chg 3Y Avg	62.1%	5.7%
PROFITABILITY	GOOD
Op Inc LTM ($ Bil)	�
CFO LTM ($ Bil)	4.0
Net Inc LTM ($ Bil)	2.5
CFO/Rev LTM	42.1%	20.7%
Net Inc Mgn	26.3%	12.8%
VALUATION	HIGH
P/S	6.9	3.1
P/CFO	16.3	14.8
P/FCF	18.0	19.4
P/E	26.0	23.7

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Metric	Value	Date	Source
Total Customers	122.7 million	6302025	Link
Monthly Average Revenue per Active Customer (ARPAC)	$12.2	6302025	Link
Monthly Activity Rate	83.2%	6302025	Link
Monthly Average Cost to Serve Per Active Customer	$0.80	6302025	Link
15 to 90-day NPL ratio	4.4%	6302025	Link
90+ NPL ratio	6.6%	6302025	Link
Deposits	$36.6 billion	6302025	Link
Interest-Earning Portfolio (IEP)	$15.7 billion	6302025	Link
Net Interest Margin (NIM)	17.7%	6302025	Link
SME Customers	5.2 million	6302025	Link
Active Credit Customers	55 million	6302025	Link
Active Unsecured Loans Customers	13.6 million	6302025	Link
Active Secured Loans Customers	6.8 million	6302025	Link
Active Investments Customers	36.2 million	6302025	Link
Active Crypto Customers	6.6 million	6302025	Link
Efficiency Ratio	28.3%	6302025	Link
Customers in Brazil	107.3 million	6302025	Link
Customers in Mexico	12 million	6302025	Link
Customers in Colombia	3.4 million	6302025	Link
Net Promoter Score (NPS) among high-income customers in Brazil	84	12312024	Link

Upcoming
5/12/2026	Earnings Release	Rev: $5.0 Bil (E) EPS: $0.20 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Nu (NU) stock has lost about 20% since 11/30/2025 because of the following key factors:

1. Q4 2025 Earnings Per Share (EPS) Slightly Missed Analyst Estimates and Forward Guidance Raised Efficiency Concerns. While Nu Holdings reported robust revenue growth of 45% year-over-year to $4.9 billion in Q4 2025, its earnings per share of $0.58 slightly missed Wall Street's consensus estimate of $0.59. Investors also focused on forward guidance, which indicated "near-term efficiency ratio pressure from platform investments and U.S. expansion efforts," leading to an over 6% plunge in shares in after-hours trading after the earnings announcement.

2. Recent Analyst Price Target Reduction. On March 4, 2026, UBS lowered its price target for Nu Holdings from $18.40 to $17.20, a 6.52% decrease, while maintaining a Neutral rating. Such a reduction from a major firm can signal diminished growth expectations or increased risks, contributing to negative investor sentiment.

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Stock Movement Drivers

Fundamental Drivers

The -21.8% change in NU stock from 11/30/2025 to 3/27/2026 was primarily driven by a -21.8% change in the company's P/E Multiple.

(LTM values as of)	11302025	3272026	Change
Stock Price ($)	17.39	13.60	-21.8%
Change Contribution By:
Total Revenues ($ Mil)	9,600	9,600	0.0%
Net Income Margin (%)	26.3%	26.3%	0.0%
P/E Multiple	33.3	26.0	-21.8%
Shares Outstanding (Mil)	4,839	4,839	0.0%
Cumulative Contribution			-21.8%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/27/2026

	Return	Correlation
NU	-21.8%
Market (SPY)	-5.3%	51.5%
Sector (XLF)	-10.0%	38.1%

Fundamental Drivers

The -8.1% change in NU stock from 8/31/2025 to 3/27/2026 was primarily driven by a -16.2% change in the company's P/E Multiple.

(LTM values as of)	8312025	3272026	Change
Stock Price ($)	14.80	13.60	-8.1%
Change Contribution By:
Total Revenues ($ Mil)	8,967	9,600	7.1%
Net Income Margin (%)	25.7%	26.3%	2.7%
P/E Multiple	31.1	26.0	-16.2%
Shares Outstanding (Mil)	4,826	4,839	-0.3%
Cumulative Contribution			-8.1%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/27/2026

	Return	Correlation
NU	-8.1%
Market (SPY)	0.6%	55.5%
Sector (XLF)	-10.8%	42.0%

Fundamental Drivers

The 26.5% change in NU stock from 2/28/2025 to 3/27/2026 was primarily driven by a 22.3% change in the company's Total Revenues ($ Mil).

(LTM values as of)	2282025	3272026	Change
Stock Price ($)	10.75	13.60	26.5%
Change Contribution By:
Total Revenues ($ Mil)	7,852	9,600	22.3%
Net Income Margin (%)	22.7%	26.3%	16.2%
P/E Multiple	29.0	26.0	-10.2%
Shares Outstanding (Mil)	4,798	4,839	-0.9%
Cumulative Contribution			26.5%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/27/2026

	Return	Correlation
NU	26.5%
Market (SPY)	9.8%	54.7%
Sector (XLF)	-7.1%	47.9%

Fundamental Drivers

The 169.8% change in NU stock from 2/28/2023 to 3/27/2026 was primarily driven by a 298.9% change in the company's Total Revenues ($ Mil).

(LTM values as of)	2282023	3272026	Change
Stock Price ($)	5.04	13.60	169.8%
Change Contribution By:
Total Revenues ($ Mil)	2,406	9,600	298.9%
P/S Multiple	9.8	6.9	-30.1%
Shares Outstanding (Mil)	4,684	4,839	-3.2%
Cumulative Contribution			169.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/27/2026

	Return	Correlation
NU	169.8%
Market (SPY)	69.4%	47.9%
Sector (XLF)	40.5%	38.0%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
NU Return	-9%	-57%	105%	24%	62%	-16%	36%
Peers Return	-25%	-62%	149%	-4%	51%	-20%	-17%
S&P 500 Return	27%	-19%	24%	23%	16%	-5%	72%
Monthly Win Rates [3]
NU Win Rate	0%	42%	75%	58%	58%	33%
Peers Win Rate	42%	37%	57%	35%	62%	27%
S&P 500 Win Rate	75%	42%	67%	75%	67%	33%
Max Drawdowns [4]
NU Max Drawdown	-13%	-65%	-14%	-3%	-7%	-17%
Peers Max Drawdown	-46%	-69%	-9%	-42%	-16%	-22%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-5%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: MELI, STNE, PAGS, SOFI, AFRM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

Unique Key	Event	NU	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-72.1%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	258.0%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	642 days	464 days

Compare to MELI, STNE, PAGS, SOFI, AFRM

In The Past

Nu's stock fell -72.1% during the 2022 Inflation Shock from a high on 12/10/2021. A -72.1% loss requires a 258.0% gain to breakeven.

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Asset Allocation

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About Nu (NU)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Nu Holdings Ltd. operates as a digital financial services platform and technology company primarily in Brazil, Mexico, and Colombia. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones. The company provides savings solutions, such as Nu Personal Accounts, a digital account solution that supports all personal finance activities, from daily purchases and money transfers to savings; and Nu business accounts designed specifically for entrepreneur customers and their businesses. In addition, it offers NuInvest, an investment product that provides equity, fixed-income, options, and ETF products, as well as multimarket funds with curated asset allocations based on the customer's risk profile and financial position; personal unsecured loans; in-app buy now pay later' solution for Nu card customers to pay credit and debit purchases, and banking payment slips over time in up to twelve installments; and NuInsurance protecting solutions to help its customers secure life insurance and funeral benefits. The company was founded in 2013 and is headquartered in Sao Paulo, Brazil.

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Here are 1-3 brief analogies for Nu:

The Amazon for financial services in Latin America.
Imagine a blend of Cash App and Robinhood, built for Latin America.

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Credit and Debit Cards: Offers standard Nu credit and debit cards, along with premium Ultraviolet credit and debit cards.
Digital Banking Accounts: Provides Nu Personal Accounts for individual financial activities and Nu business accounts for entrepreneurs, both supporting mobile payments, transfers, and bill payments.
Investment Platform (NuInvest): An investment product offering access to equities, fixed-income, options, ETFs, and multimarket funds.
Personal Unsecured Loans: Provides personal loans to customers without requiring collateral.
Buy Now Pay Later (BNPL): An in-app solution allowing Nu card customers to pay for credit, debit, and banking payment slips over time in installments.
Insurance Solutions (NuInsurance): Offers protecting solutions, including life insurance and funeral benefits.

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Nu Holdings Ltd. (NU) sells its financial products and services primarily to individuals and small businesses. Based on the company description, its major customer categories are:

Individual Consumers: This category includes individuals utilizing Nu's personal banking services (Nu Personal Accounts), credit and debit cards (Nu and Ultraviolet cards), mobile payment solutions, personal unsecured loans, 'buy now pay later' options, and NuInsurance protecting solutions for personal finance needs.
Small Business Owners/Entrepreneurs: Nu specifically caters to this group with "Nu business accounts designed specifically for entrepreneur customers and their businesses," offering tailored financial solutions for their operations.
Individual Investors: Nu provides investment products through "NuInvest," offering equity, fixed-income, options, ETF products, and multimarket funds to individual customers looking to invest based on their risk profile and financial position.

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Amazon.com, Inc. (AMZN)
Visa Inc. (V)
Mastercard Incorporated (MA)

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David Vélez, Founder and Chief Executive Officer (CEO)

David Vélez is the founder, Chairman of the Board of Directors, and Chief Executive Officer of Nu Holdings Ltd.. Before establishing Nu in 2013, Vélez was a partner at Sequoia Capital, where he was responsible for the firm's Latin American investments group. His prior experience includes roles in investment banking and growth equity at Goldman Sachs, Morgan Stanley, and General Atlantic. He holds a Bachelor of Science in Management Science and Engineering and a Master of Business Administration, both from Stanford University. Vélez co-founded Nubank in São Paulo in 2013. He has publicly committed to donating the majority of his wealth to philanthropy.

Guilherme Marques do Lago, Chief Financial Officer (CFO)

Guilherme Marques do Lago has served as Nu Holdings Ltd.'s Chief Financial Officer since February 2021, and before that, he was the company's Vice President of Finance from March 2019 to February 2021. From April 2006 to March 2019, he held various positions at Credit Suisse Group AG, including managing director in its investment banking group. He earned his undergraduate degree from Escola Politécnica da Universidade de São Paulo and holds an MBA from Harvard Business School.

Cristina Helena Zingaretti Junqueira, Co-Founder and Chief Growth Officer

Cristina Junqueira is a Co-Founder of Nu Holdings Ltd. (Nubank) since 2013, and has been the Chief Growth Officer of the Group since August 2022. Prior to co-founding Nu, she spent several years at Itaú Unibanco S.A., where she worked with consumer credit, card products, and marketing. She holds an Engineering Bachelor's degree and a Master's degree from Universidade de São Paulo (USP), as well as an MBA from Northwestern University's Kellogg School of Management.

Livia Chanes, Chief Executive Officer for Brazil

Livia Chanes has held the position of Chief Executive Officer for Brazil since January 22, 2024, overseeing the company's Brazilian operations. She joined Nubank in 2020 as Vice President of Products and was appointed Brazil Country Manager in the second half of 2022. Before her tenure at Nubank, she worked at Banco Itaú in various technology-driven businesses from 2015 to 2020. From 2005 to 2015, she was a partner at McKinsey consulting in the São Paulo office.

Eric Young, Chief Technology Officer

Eric Young is the incoming Chief Technology Officer for Nu Holdings Ltd., with his start date at Nubank on August 18, 2025. Most recently, he served as Senior Vice President of Engineering at Snap Inc., where he led teams focused on scaling infrastructure. Prior to that, he was Vice President of Engineering at Google for seven years, where he was responsible for foundational elements of their technical infrastructure.

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Nu Holdings Ltd. (NU) faces several key risks to its business, primarily stemming from its credit-heavy model and operations within dynamic emerging markets.

Credit Risk and Macroeconomic Volatility
Nu's business model relies heavily on consumer lending, particularly unsecured credit in Brazil, Mexico, and Colombia. This exposes the company to significant credit risk, especially given the macroeconomic volatility in these emerging markets. High interest rates, inflationary pressures, currency fluctuations, and potential economic slowdowns can lead to clients struggling to meet their debt obligations, resulting in higher non-performing loan (NPL) ratios and impacting Nu's overall profitability and asset quality.
Intense Competition
Nu operates in a highly competitive fintech landscape across Latin America. The company faces pressure from both well-established traditional banks that are undergoing digital transformation and a growing number of agile digital-first financial service providers. This intense competition can impact customer acquisition rates, market share, and the ability to maintain strong margins and profitability.
Regulatory Challenges and Expansion Risk
Operating across multiple countries means Nu Holdings is subject to diverse and evolving regulatory environments. Changes in financial regulations, data protection laws, or tax policies in Brazil, Mexico, Colombia, or any new market like the U.S. (where it is expanding) could impact its operations and profitability. Furthermore, aggressive international expansion introduces execution risks, including higher operational costs and the need to adapt to new compliance expectations, which could strain resources and affect efficiency.

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Increased digital transformation and competitive offerings from incumbent banks in Brazil, Mexico, and Colombia. These established financial institutions are actively modernizing their digital channels and product suites, leveraging their large existing customer bases, regulatory relationships, and substantial capital to directly compete with Nu's digital-first model.
Expansion of global big tech companies into Latin American financial services. Companies such as Apple, Google, and Amazon are gradually extending their financial service ecosystems (e.g., payments, wallets, and potentially lending or banking-as-a-service partnerships) into Nu's key markets, potentially leveraging their vast user bases and technological prowess to offer highly integrated and competitive alternatives.

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Nu Holdings Ltd. operates across significant and growing digital financial markets in Brazil, Mexico, and Colombia. The addressable markets for its main products and services are substantial within these regions.

Digital Banking and Financial Services

Brazil: The digital banking market in Brazil was valued at USD 2.5 billion in 2025 and is projected to reach USD 4.8 billion by 2034. Another estimate indicates the Brazil Digital Banking and APIs Market was valued at USD 15 billion based on a five-year historical analysis. The digital banking platform market in Brazil generated a revenue of USD 1,193.8 million in 2025 and is expected to reach USD 6,157.8 million by 2033. Furthermore, the Brazil Digital Banking Market is projected to reach USD 13.21 billion by 2035.
Mexico: The digital banking market in Mexico reached USD 173.6 million in 2025 and is projected to reach USD 453.9 million by 2034. The Mexico Digital Banking and Neobanks Market is valued at USD 10 billion, based on a five-year historical analysis. The Mexico Digital Banking Market is projected to reach USD 11.3 billion by 2035.

Credit and Debit Cards

Mexico: The Mexican cards and payments market totaled USD 157 billion in 2023 and is expected to grow to USD 550 billion by 2033 from USD 238.65 billion in 2025. Between July 1, 2024, and June 30, 2025, the total value of card transactions in Mexico reached nearly MXN 6.2 trillion (approximately USD 346 billion, assuming an exchange rate of 1 USD = 17.9 MXN).
Colombia: As of September 2024, credit card purchases reached COP 74,262.7 billion (approximately USD 19.3 billion) and debit card purchases totaled COP 80,950.3 billion (approximately USD 21.0 billion). Credit card financing in Colombia grew to COP 43,496.1 billion (approximately USD 11.3 billion).

Personal Unsecured Loans

Mexico: The Mexico Personal Loans Market is projected to reach USD 8.75 billion by 2035. Mexico's personal loan market is anticipated to add more than USD 2.95 billion from 2025 to 2030. The broader Mexico consumer lending market, which includes personal loans, credit cards, auto loans, and mortgages, reached USD 340.3 billion in 2025 and is projected to reach USD 539.4 billion by 2034.

Buy Now Pay Later (BNPL)

Brazil: The potential size of the BNPL market in Brazil is approximately R$ 205 billion per year (approximately USD 40 billion, assuming 1 USD = 5.1 BRL). The BNPL payment market in Brazil is expected to grow to US$4.66 billion in 2025 and is projected to expand to approximately USD 7.43 billion by the end of 2030. Another projection indicates the market could reach US$5,684.1 million in 2026 and expand to approximately USD 11.75 billion by the end of 2031.
Mexico: The BNPL payment market in Mexico is expected to grow to USD 6.09 billion in 2025 and is projected to expand to approximately USD 18.51 billion by 2030. Other estimates show BNPL payments in Mexico reaching US$5.2 billion in 2023 and US$20.6 billion by 2028. The BNPL payment market in Mexico is also expected to reach US$5.08 billion in 2026 and expand to USD 13.85 billion by the end of 2031. The Mexico Online Loan & BNPL Lending Market is valued at USD 25 billion based on a five-year historical analysis.

Insurance (Life Insurance)

Brazil: The Brazil life insurance market generated a revenue of USD 31,965.0 million in 2020 and is expected to reach USD 46,039.4 million by 2027. The Brazilian life insurance market had total gross written premiums of USD 22 billion in 2022. The broader Brazil Life & Non-Life Insurance market was valued at USD 67.91 billion in 2024 and is expected to grow to USD 75.89 billion by 2030. The Brazil life and non-life insurance market size is USD 144.72 billion in 2026 and is projected to reach USD 198.84 billion by 2031. Life insurance accounts for over 60% of total premiums in the Brazilian insurance market.
Mexico: The Mexican life insurance market had total gross written premiums of USD 15.1 billion in 2022. Total net written premiums for life and non-life insurance lines in Mexico, excluding pensions, reached USD 13.39 billion as of March 2025. Mexico's insurance market is projected to reach US$32.7 billion by 2029, up from an estimated US$28.8 billion in 2025, with premiums totaling US$41.6 billion in 2024.
Colombia: The Colombian life insurance market had total gross written premiums of USD 3.1 billion in 2022. Colombia's overall insurance market is projected to grow from approximately USD 9.0 billion in gross written premium in 2025 to around USD 19.8 billion by 2033.

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Nu Holdings Ltd. (NU) is anticipated to drive future revenue growth over the next 2-3 years through several strategic initiatives aimed at expanding its customer base, increasing monetization, and diversifying its offerings.

Continued Customer Base Expansion in Core Markets: Nu is expected to sustain its strong customer acquisition momentum across its primary markets of Brazil, Mexico, and Colombia. The company added 17 million net new customers in 2025, bringing its total to 131 million globally by December 2025. This expansion is a fundamental driver as Nu continues to penetrate these markets, particularly in Brazil where it serves a significant portion of the adult population.
Increased Average Revenue Per Active Customer (ARPAC) and Deeper Engagement: A key focus for Nu is to enhance the monetization of its existing customer base. This involves deepening customer engagement and successfully cross-selling a broader array of products and services, including its expanded credit portfolio (credit and debit cards, personal loans, secured loans), investment products (NuInvest), and insurance solutions. The monthly Average Revenue per Active Customer (ARPAC) reached $15 in Q4 2025, demonstrating a 27% year-over-year increase, highlighting the effectiveness of this strategy.
Geographic Expansion into New Markets, Notably the U.S.: Nu is strategically expanding its geographical footprint beyond Latin America. A significant step in this direction is the conditional approval received from the Office of the Comptroller of the Currency (OCC) for a U.S. national bank charter, with plans to enter the U.S. market within the next 18 months. This expansion into a new, large market is expected to unlock substantial new revenue streams by targeting underserved populations.
Diversification of Product and Service Offerings: Nu is continuously innovating and expanding its product ecosystem. In fiscal year 2025 alone, the company launched over 100 new products and features. This includes enhancing its investment platform to attract high-income customers, growing its secured and unsecured loan portfolios, and exploring new ventures such as telecom services through partnerships. This diversification aims to cater to a wider range of customer needs and capture additional market share.
Leveraging Technology and Artificial Intelligence (AI): Nu is investing significantly in technology and AI, with a vision to become an "AI-first" company. By integrating foundation models into its operations, Nu aims to create an AI-native interface for banking, which is expected to drive improved operational efficiency and facilitate the development of more innovative products and services. These technological advancements are crucial for maintaining its competitive edge and contributing to long-term revenue growth and profitability.

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 Share Repurchases

  Nu Holdings reported a negative share buyback ratio of -0.81% as of January 29, 2026, indicating a net issuance rather than repurchases during the period.

 Share Issuance

  Nu Holdings' shares outstanding increased by 3.86% in 2023 to 4.858 billion from 2022.
  The number of shares outstanding further increased by 0.65% in 2024 to 4.889 billion and by 0.38% in 2025 to 4.907 billion.

 Outbound Investments

  Nu Holdings plans to invest over US$475 million in office expansion in Brazil over the next five years.
  The company's total investments in Mexico are expected to reach US$4.2 billion by 2030.
  Nu is focusing on significant investments in AI adoption and laying operational foundations for global expansion, including applying for a U.S. national bank charter.

 Capital Expenditures

  Nu Holdings' capital expenditures averaged $11.78 million for the fiscal years 2021 to 2025.
  Capital expenditures reached a peak of $20.243 million in December 2023.
  The latest twelve months capital expenditures were $7.215 million, with a focus on supporting continued growth in core markets, global expansion, and accelerating AI adoption.

Interactive Breakdown

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4	NU Dip Buy Analysis
5	Time To Buy Nu Stock?
6	Fundamental Metrics: ...
7	ARTICLES
8	Large Cap Stocks Trading At 52-Week High

Trade Ideas

Select ideas related to NU.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
NDAQ_2282026_Insider_Buying_45D_2Buy_200K	02282026	NDAQ	Nasdaq	Insider	Insider Buys 45DStrong Insider Buying Companies with multiple insider buys in the last 45 days	0.0%	0.0%	0.0%
JEF_2272026_Dip_Buyer_ValueBuy	02272026	JEF	Jefferies Financial	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	0.0%	0.0%	0.0%
ALAB_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE	02272026	ALAB	Astera Labs	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	0.0%	0.0%	0.0%
PAYO_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE	02272026	PAYO	Payoneer Global	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	0.0%	0.0%	0.0%
FOUR_2272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	02272026	FOUR	Shift4 Payments	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	0.0%	0.0%	0.0%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AGX	Argan	7.8	37.9%	81.1%
TBN	Tamboran Resources	0.9	25.6%	59.4%
U	Unity Software	8.3	13.5%	-56.0%
ADMA	ADMA Biologics	2.2	11.6%	-49.3%
METC	Ramaco Resources	1.0	11.4%	-13.6%
MEOH	Methanex	5.0	9.7%	64.8%
PTON	Peloton Interactive	1.9	8.8%	-28.1%
OXM	Oxford Industries	0.5	8.7%	3.0%
REX	REX American Resources	1.6	8.3%	47.7%
SGML	Sigma Lithium	1.2	7.8%	-20.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
BUR	Burford Capital	0.9	-47.1%	-53.6%
RCKT	Rocket Pharmaceuticals	0.4	-19.6%	7.4%
ZBIO	Zenas BioPharma	0.8	-17.8%	-49.8%
BKSY	BlackSky Technology	0.8	-17.2%	24.2%
PSNL	Personalis	0.6	-13.4%	-20.4%
SLS	SELLAS Life Sciences	0.5	-11.8%	15.8%
ANAB	AnaptysBio	1.6	-11.7%	18.4%
FLY	Firefly Aerospace	2.2	-11.6%	6.0%
INBX	Inhibrx Biosciences	0.9	-11.2%	-26.1%
YOU	Clear Secure	4.6	-11.2%	36.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
BCPC	Balchem	5.4	610.4%	8.9%
KOD	Kodiak Sciences	2.0	66.3%	32.3%
OLPX	Olaplex	1.3	51.9%	50.7%
CAR	Avis Budget	5.2	48.6%	15.7%
TBN	Tamboran Resources	0.9	36.0%	59.4%
ELVN	Enliven Therapeutics	2.4	33.8%	152.1%
TROX	Tronox	1.4	30.1%	120.3%
BORR	Borr Drilling	1.8	28.7%	50.1%
BRZE	Braze	2.5	25.5%	-32.9%
INDI	Indie Semiconductor	0.6	24.6%	-9.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
PIPR	Piper Sandler Cos	1.2	-75.2%	-12.4%
BUR	Burford Capital	0.9	-46.2%	-53.6%
WVE	WAVE Life Sciences	1.1	-45.9%	-62.6%
TASK	TaskUs	0.6	-37.8%	-15.9%
MAZE	Maze Therapeutics	1.4	-36.7%	-26.7%
ADMA	ADMA Biologics	2.2	-35.4%	-49.3%
CRCL	Circle Internet	21.5	-25.7%	18.1%
PLAY	Dave & Buster's Entertainment	0.3	-23.5%	-39.5%
EL	Estee Lauder Companies	24.3	-21.8%	-35.6%
NTSK	Netskope	1.9	-18.9%	-55.9%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	1.8	133.2%	104.5%
DAWN	Day One Biopharmaceuticals	2.2	101.0%	129.7%
VG	Venture Global	42.7	85.4%	157.4%
AAOI	Applied Optoelectronics	6.2	82.9%	181.7%
TNGX	Tango Therapeutics	2.1	68.9%	117.4%
AXTI	AXT	2.7	63.3%	270.8%
BW	Babcock & Wilcox Enterprises	1.5	61.7%	134.4%
PARR	Par Pacific	3.3	61.6%	86.9%
LWLG	Lightwave Logic	0.9	61.5%	123.3%
SM	SM Energy	3.8	56.2%	76.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	1.1	-58.6%	-62.6%
BUR	Burford Capital	0.9	-51.4%	-53.6%
OLMA	Olema Pharmaceuticals	1.2	-44.0%	-45.3%
WING	Wingstop	4.3	-43.1%	-35.2%
FRMI	Fermi	3.7	-43.0%	-22.8%
PAR	PAR Technology	0.5	-43.0%	-64.7%
SES	SES AI	0.3	-42.6%	-45.1%
USAS	Americas Gold And Silver	1.5	-41.9%	7.6%
ITRG	Integra Resources	0.4	-41.0%	-36.2%
VITL	Vital Farms	0.6	-40.6%	-58.9%

Peer Comparisons

Peers to compare with:

Financials

	NU	MELI	STNE	PAGS	SOFI	AFRM	Median
Name	Nu	MercadoL.	StoneCo	PagSegur.	SoFi Tec.	Affirm
Mkt Price	13.60	1,599.52	13.46	9.65	15.23	42.53	14.41
Mkt Cap	65.8	81.1	3.6	2.8	18.6	14.2	16.4
Rev LTM	9,600	28,893	14,533	19,521	3,613	3,716	12,066
Op Inc LTM	-	3,201	6,979	7,065	-	666	5,090
FCF LTM	3,666	10,773	-1,537	2,803	-3,994	619	1,711
FCF 3Y Avg	1,968	7,487	-1,727	600	-4,208	422	511
CFO LTM	4,040	12,116	-334	5,034	-3,742	833	2,436
CFO 3Y Avg	2,188	8,391	-555	2,726	-4,030	594	1,391

Growth & Margins

	NU	MELI	STNE	PAGS	SOFI	AFRM	Median
Name	Nu	MercadoL.	StoneCo	PagSegur.	SoFi Tec.	Affirm
Rev Chg LTM	22.3%	39.1%	23.5%	10.9%	38.3%	32.7%	28.1%
Rev Chg 3Y Avg	62.1%	38.9%	21.3%	10.6%	32.1%	36.1%	34.1%
Rev Chg Q	30.2%	44.6%	16.0%	4.5%	39.6%	29.6%	29.9%
QoQ Delta Rev Chg LTM	7.1%	10.3%	3.3%	1.1%	8.8%	7.4%	7.2%
Op Mgn LTM	-	11.1%	48.0%	36.2%	-	17.9%	27.1%
Op Mgn 3Y Avg	-	12.8%	48.3%	34.5%	-	-4.5%	23.6%
QoQ Delta Op Mgn LTM	-	-0.9%	0.4%	1.6%	-	2.3%	1.0%
CFO/Rev LTM	42.1%	41.9%	-2.3%	25.8%	-103.6%	22.4%	24.1%
CFO/Rev 3Y Avg	21.7%	38.0%	-4.0%	15.6%	-163.1%	19.7%	17.6%
FCF/Rev LTM	38.2%	37.3%	-10.6%	14.4%	-110.5%	16.7%	15.5%
FCF/Rev 3Y Avg	18.7%	34.0%	-13.5%	3.4%	-169.4%	13.4%	8.4%

Valuation

	NU	MELI	STNE	PAGS	SOFI	AFRM	Median
Name	Nu	MercadoL.	StoneCo	PagSegur.	SoFi Tec.	Affirm
Mkt Cap	65.8	81.1	3.6	2.8	18.6	14.2	16.4
P/S	6.9	2.8	0.2	0.1	5.2	3.8	3.3
P/EBIT	-	27.0	3.4	0.4	-	19.5	11.5
P/E	26.0	40.6	-3.2	1.3	38.7	50.4	32.4
P/CFO	16.3	6.7	-10.7	0.6	-5.0	17.1	3.6
Total Yield	3.8%	2.5%	-30.9%	85.6%	2.6%	2.0%	2.5%
Dividend Yield	0.0%	0.0%	0.0%	6.9%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	2.8%	8.2%	-75.3%	-0.2%	-32.3%	1.9%	0.9%
D/E	0.0	0.1	4.5	14.9	0.1	0.6	0.4
Net D/E	-0.4	0.1	2.4	14.2	-0.3	0.5	0.3

Returns

	NU	MELI	STNE	PAGS	SOFI	AFRM	Median
Name	Nu	MercadoL.	StoneCo	PagSegur.	SoFi Tec.	Affirm
1M Rtn	-18.3%	-9.5%	-20.2%	-10.4%	-21.0%	-11.4%	-14.8%
3M Rtn	-18.9%	-20.3%	-9.2%	-0.2%	-43.7%	-43.9%	-19.6%
6M Rtn	-13.8%	-35.2%	-28.1%	-1.6%	-45.6%	-44.1%	-31.6%
12M Rtn	22.6%	-23.7%	17.6%	24.7%	24.8%	-10.2%	20.1%
3Y Rtn	211.9%	33.7%	45.8%	22.2%	172.5%	349.1%	109.1%
1M Excs Rtn	-1.9%	-0.3%	-11.9%	-1.4%	-12.4%	-7.8%	-4.9%
3M Excs Rtn	-10.6%	-11.8%	-0.1%	8.1%	-36.5%	-35.9%	-11.2%
6M Excs Rtn	-10.2%	-32.2%	-23.9%	1.8%	-42.3%	-41.9%	-28.1%
12M Excs Rtn	13.0%	-34.4%	6.7%	13.4%	5.0%	-23.5%	5.9%
3Y Excs Rtn	153.0%	-27.0%	-14.7%	-34.2%	112.2%	274.0%	48.7%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

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Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/13/2025	4/16/2025	4/19/2024	4/20/2023	4/21/2022	12/9/2021	4/21/2022
Key Financials
Total Revenue	9,600	8,270	5,632	2,971	1,145	360	360
Net Income	2,529	1,972	1,031	-365	-165	-171	-93
EPS	0.52	0.41	0.22	-0.08	-0.10	-0.04	-0.02
Growth Rates
Total Revenue Growth	22.3%	46.8%	89.6%	159.4%	218.2%	0.1%	72.9%
Net Income Growth	42.1%	91.4%	382.7%	-121.0%	3.8%	-85.3%	-223.7%
Margins
Net Income Margin	26.3%	23.8%	18.3%	-12.3%	-14.4%	-47.6%	-25.7%
Cash & Debt
Total Cash	28,544	23,149	22,023	16,838	10,692	603	440
Total Debt	1,068	578	957	606	165	189	322
Net Debt / (Cash)	-27,476	-22,572	-21,066	-16,232	-10,527	-414	-118
Cash Flows
Net Cash from Operations	4,040	2,399	1,266	756	-2,924	975	276
Free Cash from Operations	3,666	2,224	1,089	641	-2,953	967	271
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	5	0	4

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/13/2025	8/14/2025	5/13/2025	4/16/2025	11/13/2024	8/13/2024	5/14/2024	4/19/2024	11/14/2023	8/15/2023	5/15/2023	4/20/2023
Key Financials Quarterly
Total Revenue	2,729	2,510	2,250	2,110	2,096	2,085	1,978	1,693	1,493	1,343	1,103	969
Net Income	782	637	557	553	553	487	379	361	303	225	142	-298
EPS	0.16	0.13	0.12	0.11	0.12	0.10	0.08	0.08	0.06	0.05	0.03	-0.06
Key Financials TTM
Total Revenue TTM	9,600	8,967	8,542	8,270	7,852	7,249	6,507	5,632	4,909	4,194	3,527	2,971
Net Income TTM	2,529	2,300	2,151	1,972	1,780	1,530	1,268	1,031	372	77	-178	-365
Growth Rates Quarterly
Total Revenue Growth	30.2%	20.4%	13.8%	24.7%	40.4%	55.2%	79.3%	74.6%	92.0%	98.5%	101.5%	139.7%
Net Income Growth	41.4%	30.7%	47.1%	53.1%	82.6%	116.7%	167.2%	221.3%	3768.7%	857.2%	414.3%	-350.4%
Margins Quarterly
Net Income Margin	28.7%	25.4%	24.8%	26.2%	26.4%	23.4%	19.2%	21.3%	20.3%	16.7%	12.9%	-30.7%
Cash & Debt
Total Cash	28,544	27,469	24,342	23,149	23,335	21,765	21,841	22,023	17,664	16,050	14,865	16,838
Total Debt	1,068	573	378	578	529	830	954	957	1,118	784	670	606
Net Debt / (Cash)	-27,476	-26,895	-23,964	-22,572	-22,805	-20,936	-20,888	-21,066	-16,546	-15,267	-14,195	-16,232
Cash Flows Quarterly
FCF from Operations	-971	2,555	1,085	1,370	-1,069	2,668	-571	2,706	-3,234	1,700	94	228
Cash Flows TTM
FCF from Operations TTM	4,040	3,941	4,055	2,399	3,735	1,570	601	1,266	-1,212	2,007	772	756
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	-	-	-	-	-	-	-

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021
Monitoring operations, making decisions on fund allocation, and evaluating performance	5,632	2,971	1,145	360
Total	5,632	2,971	1,145	360

Price Behavior

Price Behavior

Market Price	$13.60
Market Cap ($ Bil)	65.8
First Trading Date	12/09/2021
Distance from 52W High	-27.5%
	50 Days	200 Days
DMA Price	$16.10	$15.23
DMA Trend	up	down
Distance from DMA	-15.5%	-10.7%
	3M	1YR
Volatility	42.8%	40.2%
Downside Capture	1.59	0.95
Upside Capture	227.68	133.93
Correlation (SPY)	54.1%	53.0%

NU Betas & Captures as of 2/28/2026

	1M	2M	3M	6M	1Y	3Y
Beta	2.58	1.84	1.69	1.59	1.14	1.31
Up Beta	2.05	2.06	2.45	1.56	0.99	1.07
Down Beta	1.22	0.35	0.42	0.89	1.16	1.40
Up Capture	193%	222%	167%	204%	159%	379%
Bmk +ve Days	9	20	31	70	142	431
Stock +ve Days	10	22	34	71	141	395
Down Capture	407%	267%	233%	178%	114%	107%
Bmk -ve Days	12	21	30	54	109	320
Stock -ve Days	9	17	25	50	106	345

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with NU
NU	25.9%	40.2%	0.67	-
Sector ETF (XLF)	-4.0%	19.2%	-0.33	47.9%
Equity (SPY)	14.5%	18.9%	0.59	52.9%
Gold (GLD)	50.2%	27.7%	1.46	9.1%
Commodities (DBC)	17.8%	17.6%	0.85	19.5%
Real Estate (VNQ)	0.4%	16.4%	-0.15	28.1%
Bitcoin (BTCUSD)	-21.0%	44.0%	-0.41	25.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with NU
NU	5.9%	59.2%	0.34	-
Sector ETF (XLF)	9.1%	18.7%	0.37	38.2%
Equity (SPY)	11.8%	17.0%	0.54	47.9%
Gold (GLD)	20.7%	17.7%	0.96	7.9%
Commodities (DBC)	11.6%	18.9%	0.50	11.5%
Real Estate (VNQ)	3.0%	18.8%	0.07	31.7%
Bitcoin (BTCUSD)	4.7%	56.6%	0.30	27.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with NU
NU	2.9%	59.2%	0.34	-
Sector ETF (XLF)	12.0%	22.1%	0.50	38.2%
Equity (SPY)	14.0%	17.9%	0.67	47.9%
Gold (GLD)	13.3%	15.8%	0.70	7.9%
Commodities (DBC)	8.2%	17.6%	0.39	11.5%
Real Estate (VNQ)	4.7%	20.7%	0.19	31.7%
Bitcoin (BTCUSD)	66.9%	66.8%	1.06	27.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	3132026
Short Interest: Shares Quantity	135.7 Mil
Short Interest: % Change Since 2282026	15.4%
Average Daily Volume	63.7 Mil
Days-to-Cover Short Interest	2.1 days
Basic Shares Quantity	4,838.8 Mil
Short % of Basic Shares	2.8%

Returns Analyses

	Title
0	With Nu Stock Surging, Have You Considered The Downside?

Earnings Returns History

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	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
SUMMARY STATS
# Positive	0	0	0
# Negative	0	0	0
Median Positive
Median Negative
Max Positive
Max Negative

SEC Filings

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Report Date	Filing Date	Filing
09/30/2025	11/13/2025	6-K
06/30/2025	08/14/2025	6-K
03/31/2025	05/13/2025	6-K
12/31/2024	04/16/2025	20-F
09/30/2024	11/13/2024	6-K
06/30/2024	08/13/2024	6-K
03/31/2024	05/14/2024	6-K
12/31/2023	04/19/2024	20-F
09/30/2023	11/14/2023	6-K
06/30/2023	08/15/2023	6-K
03/31/2023	05/15/2023	6-K
12/31/2022	04/20/2023	20-F
09/30/2022	11/14/2022	6-K
06/30/2022	08/16/2022	6-K
03/31/2022	05/16/2022	6-K
12/31/2021	04/21/2022	20-F

Recent Forward Guidance [BETA]

Latest: null Earnings Reported N/A/N/A/N/A | Prior: null Earnings Reported N/A/N/A/N/A

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Insider Activity

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#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Junqueira, Cristina Helena Zingaretti	US CEO & Chief Growth Officer	Family Trust	Sell	3252026	14.82	220,000	3,259,322	73,743,538	Form
2	Junqueira, Cristina Helena Zingaretti	US CEO & Chief Growth Officer	Family Trust	Sell	3252026	14.81	80,000	1,184,840	34,246,882	Form

NU Trade Sentinel

Stock Conviction

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CONVICTION RATIONALE

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STOCK ARCHETYPE

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INVESTMENT THESIS

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Mechanism: null

Supporting Evidence:

PRIMARY RISK

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Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

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Diversification Alternatives

How Is The Market Pricing NU?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What NU Makes & Who Pays

TTM figures based on

NU Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

Industry Resources

Financials Resources

Federal Reserve Economic Data

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Nu (NU)

Market Price (3/28/2026): $13.61 | Market Cap: $65.9 BilSector: Financials | Industry: Regional Banks

Nu (NU)

Market Price (3/28/2026): $13.61Market Cap: $65.9 BilSector: FinancialsIndustry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Credit Risk and Macroeconomic Volatility

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Digital Banking and Financial Services

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Buy Now Pay Later (BNPL)

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Market Price (3/28/2026): $13.61 | Market Cap: $65.9 Bil
Sector: Financials | Industry: Regional Banks

Market Price (3/28/2026): $13.61
Market Cap: $65.9 Bil
Sector: Financials
Industry: Regional Banks