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Added to YB: 2024-06-28

Pitch date: 2024-06-27

NU [bullish]

Nu Holdings Ltd.

+30%

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

$13.00

Price Target

17.19 (+2%)

Dividend

N/A

EV/EBITDA

N/A

P/E

32.34

EV/Sales

N/A

Sector

Banks

Category

growth

Show full summary:
Nu Holdings Investment Thesis

NU: 100M customers, 83% active. Pix early adopter, 13.6M users. $11.40 monthly ARPAC, $45 for core users. 27% revenue CAGR, 32% EBIT margin by 2028. $17.19 price target (36% upside). Risks: credit, emerging markets. Moat: efficient scale, network effects, AI acquisition. Opportunity: unbanked, low credit card penetration.

Read full article (33 min)