Added to YB: 2024-07-19
Pitch date: 2024-06-03
NU [bullish]
Nu Holdings Ltd.
+45.06%
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
$11.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
32.34
EV/Sales
N/A
Sector
Banks
Category
growth
Nu Holdings Ltd. - $NU
NU: Digital banking leader in Latin America. 30% ROE potential, 85% lower cost-to-serve vs incumbents. 2-3x higher NPS, 90% word-of-mouth acquisition. Underwriting advantage in lower income cohorts. Overcapitalized (11% CAR). ARPAC $11.40, growing to $20-30. 30% YoY ARPAC growth Q1'24. 2024 EPS to double. Risks: Brazil macro, competition, regulation. Catalysts: New products, market share gains, margin accretion.
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