Morgan Stanley Raises Nu Holdings Ltd. (NU) Price Target to $21

Core Insights - Nu Holdings Ltd. (Nubank) is recognized as one of the largest digital banking platforms globally, operating primarily in Brazil, Mexico, and Colombia, and is currently listed among the 12 low price high volume stocks to buy [4]. Financial Performance - In the fourth quarter of 2025, Nubank reported a record revenue of $4.9 billion, with a net income of $895 million and a return on equity of 33%. The company added 17 million net customers during the year, reaching a total of 131 million customers [3]. - The average revenue per active customer increased to $15, driven by strong customer engagement and improved monetization strategies [3]. Analyst Ratings and Market Position - Morgan Stanley analyst Jorge Kuri raised the price target for Nu Holdings from $18 to $21, maintaining an Overweight rating after discussions with the company's CFO, which highlighted Nubank's long-term growth potential [2][7]. - The broader market consensus estimates for Nubank are considered conservative compared to the company's growth trajectory, suggesting potential for upward revisions in earnings forecasts [2].