Nu Holdings Ltd (NYSE: NU) saw its revenue climb a whopping 64% in Q1. Still, David Velez – its chief executive is convinced the company has massive room for growth moving forward. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nu Holdings CEO on Q1 earningsCopy link to sectionThe online bank added 5.5 million customers to hit the 100 million mark in its first quarter. Still, CEO Velez said on CNBC’s “Squawk Box” today: Disruptors in fintech have tak ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nu Holdings Ltd. (NU) .Nu currently has an average brokerage recommendation (ABR) of 1.63, on a ...

Justin Lambert/DigitalVision via Getty ImagesYesterday Nu Holdings (NYSE:NU) announced its Q1 2024 earnings results, and after listening to the earnings call, I reiterate my conviction and rate this company with a strong buy. In this analysis, I will briefly guide you through the business profile of Nu, to later discuss the things I liked and didn't like about the earnings release and how this new EPS data moves the PE multiple of the company. Nu Business Profile To briefly recall, Nu Holdings is a cong ...

Thank you, Jorg. Good evening, everyone, and thank you again for being with us today. First, establish strong momentum in Mexico, which means creating the basis for us to grow sustainably and profitably in the country; second, ramp up our secure lending initiatives in Brazil; third, enhance our strategies to further advance in the High Income segment in Brazil; and fourth, launch products and services to leverage technologies such as real-time payments, open banking and AI that will turn the concept of our ...

Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.08, delivering a surprise of -11.11%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Nu , which belongs to the Zacks ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of May, 2024 Commission File Number 001-41129 Nu Holdings Ltd. (Exact name of registrant as specified in its charter) Nu Holdings Ltd. nu Earnings Release Q1'24 (Translation of Registrant's name into English) investors.nu Campbells Corporate Services Limited, Floor 4, Willow House, Cricket Square, KY1-9010 Grand Cayman, Cay ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Nu Holdings Ltd. (NU) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...

Nu Holdings Ltd. (NU) ended the recent trading session at $11.76, demonstrating a -0.25% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.17%. On the other hand, the Dow registered a gain of 0.32%, and the technology-centric Nasdaq decreased by 0.03%.Heading into today, shares of the company had gained 2.08% over the past month, outpacing the Business Services sector's loss of 2.38% and the S&P 500's gain of 0.17% in that time.The investment community will be payi ...

Brazilian digital bank Nubank now has more than 100 million customers.The company announced the achievement in a Wednesday (May 8) press release, saying it was the first digital banking platform to mark this milestone outside of Asia.“In 2013, we had set ourselves the ambitious goal to reach 1 million customers in five years, which seemed almost impossible at the time,” Nubank founder and CEO David Vélez said in the release. “In a decade, we have surpassed 100 million, which is a testament to the trust our ...

Nu Holdings Ltd. (NU) ended the recent trading session at $11.99, demonstrating a -0.08% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.13%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.1%.Heading into today, shares of the company had gained 0.08% over the past month, outpacing the Business Services sector's loss of 2.34% and the S&P 500's loss of 0.35% in that time.The investment community will be paying close attent ...