Nu Holdings Ltd - Ordinary Shares Class A

Nu Holdings Ltd - Ordinary Shares Class A

NU

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Market Cap$63.59B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Nu Holdings Ltd - Ordinary Shares Class ANu Holdings Ltd - Ordinary Shares Class A20-25%3.93.1

Earnings Call Q1 2026

May 14, 2026 - AI Summary

Strong operating momentum & record profitability (good / surprising): Q1 2026 delivered a customer- and revenue-led compounding story: 135M+ customers consolidated (Brazil 115M+, Mexico 15M+, Colombia nearing 5M). Despite typical Q1 seasonality, consolidated monthly activity rose sequentially to 83% and Brazil activity is approaching ~100M monthly active customers. Revenue hit $5.0B for the first time (record), efficiency improved to <18% (below 18%), and net income reached $871M (company’s highest ever for a first quarter), +41% YoY FX-neutral.
Credit provisioning was higher but management says it’s “seasonality + growth + mix,” not deterioration (mixed / key risk to watch): Provisions/allowance increased: CLA $1.79B (+33% QoQ FX-neutral), driven by (1) seasonality (15–90 day ratio peaking; print ~5%, +89 bps vs year-end), (2) portfolio growth, and (3) mix shift toward credit cards + unsecured lending (together 98% of new exposure, up from 88% a year earlier; unsecured carries higher expected losses). Management emphasized NPL easing at late stage: 90+ NPLs ~6.5%, down 10 bps QoQ and well below 7% peak (Q3’24). They argued NPLs are not the whole story—pricing discipline and NPV-positive cohorts matter.
Balance sheet resilience & conservative stance (good / but implies watch future normalization): Despite higher provisioning, the company highlighted buffers: total coverage 16.2% of the portfolio (≈ 2.5x 90+ balance) and gross CLA vs new 90+ NPL formation ~153.8% (provisions running ahead of new late delinquencies). They reiterated that underwriting/provisioning assumes the future is “worse than the past” via cohort stress tests and they do not claim a directional worsening of asset quality. Outlook: they expect risk-adjusted NIM to move back toward 2H’25 levels as Q1 normalization fades.

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Target Price by Analysts

45.2% upsideNu Holdings Target Price DetailsTarget Price
$-12.89

Current Fair Value

210.7% downside

Overvalued by 210.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$63.59 Billion
Enterprise Value$93.27 Billion
Dividend Yield$- (-)
Earnings per Share$0.59
Beta1.01
Outstanding Shares4,856,189,000

Return

Return on Equity25.29%ROE
Return on Assets4.11%
Return on Invested Capital9.97%

Valuation & Multiples

P/E Ratio20.03P/E Ratio
PEG35.44PEG
Price to Sales3.88Price to Sales
Price to Book Ratio5.82Price to Book Ratio
Enterprise Value to Revenue5.41
Enterprise Value to EBIT23.15
Enterprise Value to Net Income29
Total Debt to Enterprise0.42
Debt to Equity3.13Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$0.20
Average shareholder expectation
Revenue Estimate
$5.06 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 13, 2026
EPS Estimate
$0.20
Average shareholder expectation
Revenue Estimate
$5.40 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.8228▲ 9.79%
Total Calls41,885,300▼ 31.26%
Total Puts34,461,900▼ 21.98%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %59.27%▼ 0.13%
Total Invested$41.23B▼ 14.32%
Investors Holding961▲ 18.00%

ESG Score

No data

About Nu Holdings Ltd

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and 'revenue estimates' for all tax legislation, meaning its members would possess highly material, non-public information regarding potential changes to corporate tax structures that could directly affect Nu Holdings Ltd's profitability and market valuation.

Finance

This committee controls taxation and trade policy. Changes in corporate tax rates or international tax rules directly impact the profitability and valuation of Nu Holdings Ltd as a US-listed company, making non-public information highly material.

Banking, Housing, and Urban Affairs

This committee directly regulates the financial system, including the SEC (which oversees Nu Holdings Ltd's US listing), bank capital requirements, and emerging cryptocurrency regulations, all of which can significantly influence Nu Holdings Ltd's market environment and compliance obligations.