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Strength Seen in Nu (NU): Can Its 8.8% Jump Turn into More Strength?
Nu .Nu .(US:NU) ZACKS·2025-06-25 12:41

Company Overview - Nu Holdings Ltd. (NU) shares increased by 8.8% to close at $13.43, supported by high trading volume, significantly above normal levels [1] - The stock has gained 2.9% over the past four weeks, indicating a positive trend [1] Market Context - The recent rally in NU shares is attributed to a reduction in geopolitical tensions in the Middle East, following President Trump's intervention, which has boosted investor confidence in global stock markets [2] Earnings Expectations - NU is expected to report quarterly earnings of $0.12 per share, unchanged from the same quarter last year, with revenues projected at $3.57 billion, reflecting a 25.3% increase year-over-year [3] - The consensus EPS estimate for NU has remained stable over the last 30 days, suggesting that stock price movements may not sustain without changes in earnings estimate revisions [4] Industry Comparison - NU holds a Zacks Rank of 3 (Hold) and is part of the Zacks Banks - Foreign industry, where Banco De Chile (BCH) also operates, having increased by 1.4% to $29.57 in the last trading session [5] - Banco De Chile's consensus EPS estimate has risen by 3% over the past month to $0.64, although this represents a 7.3% decline compared to the previous year [6]