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Nu Holdings: The Market Is Still Sleeping, Here Are The Catalysts
NUNu .(NU) Seeking Alpha·2024-06-14 15:52

Let's go over the near-to-mid-term catalysts that should send the stock much, much higher. Nu's mature cohorts are at a monthly ARPAC of 27,comparedtothetotalaverageof27, compared to the total average of 11.40. That alone is almost a 20billionopportunity,andthatonlytakesintoaccountexistingofferings.Inaddition,Nuisconstantlylaunchingnewservicesandproducts,whichwillleadtoahighermatureARPACovertime.Importantly,the100millioncustomermarkisalsofarfrombeingapeak:InQ1′24,Nu′srevenuesreached20 billion opportunity, and that only takes into account existing offerings. In addition, Nu is constantly launching new services and products, which will lead to a higher mature ARPAC over time. Importantly, the 100 million customer mark is also far from being a peak: In Q1'24, Nu's revenues reached 2. ...