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Added to YB: 2024-05-16

Pitch date: 2024-04-15

NU [bullish]

Nu Holdings Ltd.

+55.62%

current return

Author Info

No bio for this author

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

$10.86

Price Target

14.00 (-17%)

Dividend

N/A

EV/EBITDA

N/A

P/E

32.34

EV/Sales

N/A

Sector

Banks

Category

growth

Show full summary:
Nu Holdings' Q2 Results Show Robust Growth in Key Metrics and Expansion Plans

NU Q2: Active customers +27%, ARPAC +30% to $11.40, revs +69%, net margin 16.2% vs 11.3% in Q1 on flat $0.9/mo cost to serve. Mexico push w/ 6.6M AOF. Raising ests & PT to $14 on 0.5x peer PEG. Expanding in MX in '24 w/ low card penetration.

Read full article (1 min)