Nu Holdings Analysts Boost Their Forecasts After Upbeat Q3 Earnings

Core Insights - Nu Holdings Ltd. reported better-than-expected earnings for Q3, with earnings of 17 cents per share, surpassing the analyst estimate of 16 cents [1] - Quarterly revenue reached $4.17 billion, exceeding the analyst consensus estimate of $3.8 billion and showing a significant increase from $2.94 billion in the same period last year [1] Growth and Customer Engagement - In Q3'25, Nu Holdings expanded its customer base to 127 million, adding over 4 million net customers, while maintaining an activity rate above 83% [2] - The company achieved record revenues exceeding $4 billion and net income of $783 million, indicating strong growth and deeper customer engagement [2] Future Vision - The CEO of Nubank, David Vélez, emphasized the company's vision to become AI-first, integrating foundation models into operations to enhance customer banking experiences [2] Stock Performance and Analyst Ratings - Following the earnings announcement, Nu Holdings shares rose 3.3% to $16.10 in pre-market trading [3] - Analysts have adjusted their price targets for Nu Holdings, with Susquehanna maintaining a Positive rating and raising the target from $17 to $19, while Keybanc maintained an Overweight rating and increased the target from $15 to $19 [5]