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NU (NU) Stock Forecast & Price Target

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$13.91 +0.51 (+3.81%)
(As of 11/22/2024 ET)

NU - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
5

Based on 9 Wall Street analysts who have issued ratings for NU in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 4 have given a hold rating, and 5 have given a buy rating for NU.

Consensus Price Target

$16.21
16.55% Upside
According to the 9 analysts' twelve-month price targets for NU, the average price target is $16.21. The highest price target for NU is $19.00, while the lowest price target for NU is $13.50. The average price target represents a forecasted upside of 16.55% from the current price of $13.91.
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NU Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$16.21$15.21$13.43$8.80
Forecasted Upside16.55% Upside1.35% Upside-6.87% Downside7.12% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

NU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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NU Stock vs. The Competition

TypeNUBusiness Services CompaniesS&P 500
Consensus Rating Score
2.56
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside16.55% Upside346.25% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent NU News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/14/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$17.00 ➝ $19.00+32.68%
11/14/2024Itau BBA Securities
2 of 5 stars
 DowngradeOutperform ➝ Market Perform
11/14/2024Susquehanna
2 of 5 stars
 Boost TargetPositive ➝ Positive$16.00 ➝ $18.00+15.09%
11/14/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$15.00 ➝ $17.00+8.70%
9/12/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$12.80 ➝ $15.00+3.88%
8/19/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$14.50 ➝ $15.00+5.71%
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8/16/2024Barclays
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J. Coffey
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Boost TargetOverweight ➝ Overweight$15.00 ➝ $17.00+23.37%
8/2/2024UBS Group
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T. Batista
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DowngradeBuy ➝ Neutral$13.50+17.14%
6/24/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$10.80 ➝ $15.20+29.47%
10/18/2023Redburn Atlantic
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 Initiated CoverageOverweight$11.00+39.59%
10/5/2023New Street Research
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 DowngradeBuy ➝ Neutral$8.25 ➝ $8.10+15.22%
5/17/2023Citigroup
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 DowngradeBuy ➝ Neutral$7.00 ➝ $6.10-1.29%
1/5/2023Wolfe Research
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 Lower Target$6.50 ➝ $5.00+42.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:29 PM ET.


Should I Buy NU Stock? NU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these NU pros and cons to contact@marketbeat.com.

NU
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nu Holdings Ltd.:

  • Nu Holdings Ltd. reported a strong earnings per share (EPS) of $0.12 for the latest quarter, surpassing the consensus estimate of $0.10, indicating robust financial performance and effective management.
  • The company achieved a return on equity of 29.70%, which reflects its ability to generate profits from shareholders' equity, suggesting efficient use of capital.
  • With a net margin of 16.28%, Nu Holdings Ltd. demonstrates strong profitability, indicating that a significant portion of revenue is retained as profit after expenses.
  • Institutional ownership stands at 80.90%, which often signals confidence from large investors in the company's future prospects, potentially leading to increased stock stability.
  • The current stock price reflects recent market activity and investor sentiment, making it an attractive option for those looking to invest in a growing digital banking platform.

NU
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nu Holdings Ltd. for these reasons:

  • The company's revenue of $2.85 billion fell short of the analysts' expectations of $2.90 billion, which may raise concerns about its growth trajectory and market competitiveness.
  • Despite a positive EPS, the year-over-year growth from $0.05 EPS indicates that while the company is improving, the pace may not be sufficient to meet aggressive investor expectations.
  • Nu Holdings Ltd. operates in a highly competitive digital banking sector, which could impact its market share and profitability as new entrants and existing competitors innovate.
  • Recent fluctuations in stock price may indicate volatility, which can be a risk for investors looking for stable returns.
  • The reliance on institutional investors could pose a risk if these investors decide to sell their stakes, potentially leading to significant price drops.

NU Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for NU is $16.21, with a high forecast of $19.00 and a low forecast of $13.50.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NU in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NU shares.

According to analysts, NU's stock has a predicted upside of 16.55% based on their 12-month stock forecasts.

Over the previous 90 days, NU's stock had 1 downgrade by analysts.

NU has been rated by research analysts at Bank of America, Itau BBA Securities, KeyCorp, Susquehanna, and The Goldman Sachs Group in the past 90 days.

Analysts like NU less than other "business services" companies. The consensus rating score for NU is 2.56 while the average consensus rating score for "business services" companies is 2.68. Learn more on how NU compares to other companies.


This page (NYSE:NU) was last updated on 11/23/2024 by MarketBeat.com Staff
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