Nu Holdings Ltd. (NU) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +28.6% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Technology Services industry, to which Nu Holdings Ltd. belongs, has gained 16.4% over this period. Now the key question is: Where could the stock be headed in the near term?Although med ...

Nu Holdings (NYSE: NU) stock price continued its strong uptrend this week as demand for the shares jumped following its earnings report. The stock surged to a high of $10.73, its highest point since February 2022. It has risen by over 226% from its lowest point in 2023, giving it a market cap of over $48 billion.Strong growth and profitsCopy link to sectionNu Holdings, the South American digital bank backed by Warren Buffett, is doing well as it continues gaining market share in the region.  This view was c ...

For the quarter ended December 2023, Nu Holdings Ltd. (NU) reported revenue of $2.4 billion, up 65.8% over the same period last year. EPS came in at $0.08, compared to $0.03 in the year-ago quarter.The reported revenue represents a surprise of +0.63% over the Zacks Consensus Estimate of $2.39 billion. With the consensus EPS estimate being $0.09, the EPS surprise was -11.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.07, delivering a surprise of 16.67%.Over the last four quarters, the company ...

Nu Holdings Ltd. (NU)  is scheduled to release its fourth-quarter 2023 results on Feb 22, after the bell.The company has had an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in all the past four quarters, delivering a surprise of 125% on average.Expectations This Time AroundThe Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $2.39 billion, indicating 64.8% growth from the year-ago quarter. The top line is likely to have benefited f ...

Nu Holdings (NU -0.96%) is a fast-growing company bringing banking to underserved regions in Latin America. The company dominates the Brazilian banking market and has a considerable growth opportunity across the region to serve the underbanked or unbanked populations.Nu is demonstrating impressive growth but tends to fly under the radar since it is an international company many U.S. investors may not be familiar with. The stock has taken investors on a roller-coaster ride since its 2021 initial public offer ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Nu Holdings Ltd. (NU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Nu Holdings Ltd. currently has an av ...

Nu Holdings (NU 2.59%) stock performed exceptionally well last year. After some post-initial public offering (IPO) struggles, share prices for the Brazil-based digital banking platform zoomed from $3.50 to nearly $9 in 2023. With an innovative business model focused on rapid-growth geographies, this is one growth stock no investor should ignore.Banking on crypto and moreAt first glance, Nu is a bank stock, but the truth is far more exciting than that.Well-known venture capital firm Sequoia Capital has backe ...

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company.“I think that will happen eventually,” CEO David Vélez told the Financial Times (FT) Tuesday (Feb. 6), referring to the company’s ambitions to lead its industry in terms of customer numbers.“We’re now in the top five,” he said. “We see a path towards becoming the leading financial institution in Latin America and one of the leading financial institutions in the world over a number of decades.”His ...

In the latest trading session, Nu Holdings Ltd. (NU) closed at $9.27, marking a -1.07% move from the previous day. This change lagged the S&P 500's 0.32% loss on the day. Meanwhile, the Dow lost 0.71%, and the Nasdaq, a tech-heavy index, lost 0.2%.Shares of the company have appreciated by 9.33% over the course of the past month, outperforming the Business Services sector's gain of 5% and the S&P 500's gain of 4.59%.Analysts and investors alike will be keeping a close eye on the performance of Nu Holdings Lt ...