NU (NYSE:NU) Given New $19.00 Price Target at Needham & Company LLC

NU (NYSE:NU) had its price target hoisted by Needham & Company LLC from $17.00 to $19.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 36.48% from the company’s previous close.

Several other analysts have also recently commented on NU. Weiss Ratings restated a “hold (c+)” rating on shares of NU in a report on Friday, August 7th. Bank of America reissued an “underperform” rating on shares of NU in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price target on shares of NU from $18.00 to $20.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Susquehanna cut NU from a “positive” rating to a “neutral” rating and reduced their price objective for the company from $18.00 to $13.00 in a research report on Wednesday, June 3rd. Finally, Scotiabank lowered NU to a “sector perform” rating and set a $13.00 target price on the stock. in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.41.

NU Price Performance

Shares of NYSE:NU opened at $13.92 on Friday. The company’s fifty day moving average is $13.45 and its two-hundred day moving average is $14.37. The company has a market cap of $67.60 billion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 0.54 and a beta of 0.94. NU has a 12-month low of $11.20 and a 12-month high of $18.98. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.36.

NU (NYSE:NU) last issued its earnings results on Tuesday, June 30th. The company reported $0.22 EPS for the quarter. NU had a return on equity of 30.91% and a net margin of 18.20%.The business had revenue of $5.88 billion during the quarter. Equities analysts expect that NU will post 0.83 earnings per share for the current fiscal year.

NU declared that its board has authorized a stock buyback plan on Thursday, June 4th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its holdings in NU by 14,810.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company’s stock worth $25,000 after purchasing an additional 1,481 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of NU by 5,448.3% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,609 shares of the company’s stock valued at $27,000 after purchasing an additional 1,580 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of NU in the fourth quarter worth $27,000. Morse Asset Management Inc acquired a new stake in shares of NU in the fourth quarter worth $31,000. Finally, Fifth Third Bancorp boosted its holdings in shares of NU by 433.0% during the 4th quarter. Fifth Third Bancorp now owns 1,988 shares of the company’s stock worth $33,000 after buying an additional 1,615 shares during the period. Institutional investors and hedge funds own 84.02% of the company’s stock.

Trending Headlines about NU

Here are the key news stories impacting NU this week:

• Positive Sentiment: Nu Holdings reported quarterly earnings of $0.22 per share, exceeding the $0.20 consensus estimate, while revenue reached $5.88 billion versus expectations of $5.39 billion. The earnings and revenue beats provide the main catalyst for the stock’s strength. Nu Holdings Ltd. Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Quarterly net profit surpassed $1 billion for the first time and beat analyst estimates. The milestone reinforces Nu’s ability to scale its digital-banking model and was reported as a key reason shares climbed. Nubank Quarterly Net Profit Beats Estimates
• Positive Sentiment: Management attributed the strong quarter partly to greater customer engagement, supporting revenue growth and profitability. Nu also continues to show strong operating returns, including a reported 30.91% return on equity and 18.20% net margin. Nu Holdings Stock Climbs After Q2 Earnings
• Neutral Sentiment: Nu released its second-quarter financial statements and related materials, with an earnings call providing additional detail on customer growth, credit performance and financial targets. The routine Form 6-K filing itself does not appear to introduce a separate catalyst. Nu Holdings Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Investors remain cautious about rising credit-loss provisions and costs. These pressures could limit near-term earnings leverage even as customer and credit growth remain strong. Should You Buy, Hold or Sell Nu Holdings Stock Before Q2 Earnings?

NU Company Profile

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.