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Added to YB: 2024-02-26

Pitch date: 2024-02-24

NU [bullish]

Nu Holdings Ltd.

+64.24%

current return

Author Info

Company Info

Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

Market Cap

$80.8B

Pitch Price

$10.29

Price Target

23.10 (+37%)

Dividend

N/A

EV/EBITDA

N/A

P/E

32.34

EV/Sales

N/A

Sector

Banks

Category

growth

Show full summary:
Nubank's inflection point - $NU

NU: Digital bank disrupting Brazil's market w/ low costs & fees. 67% sales growth, <30x '24 est earnings. 93M customers (53% of Brazil's adults), 30% credit card share. 36% efficiency ratio vs 40-44% comps. Risks: vulnerable customers, regulations, competition. $100-200B potential value in 5 yrs if growth continues.

Read full article (9 min)