Nu Holdings Ltd (NU) shares projected to rise by 45.85%

Nu Holdings Ltd [NU] stock is trading at $10.97, up 3.20%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NU shares have gain 5.89% over the last week, with a monthly amount drifted -6.00%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Nu Holdings Ltd [NYSE: NU] stock has seen the most recent analyst activity on December 02, 2024, when Citigroup downgraded its rating to a Sell and also revised its price target to $11 from $14.60. Previously, Itau BBA downgraded its rating to Market Perform on November 14, 2024. On August 02, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $13.50 on the stock. JP Morgan downgraded its rating to a Neutral and increased its price target to $14.50 on July 22, 2024. Barclays initiated its recommendation with a Overweight and recommended $15 as its price target on June 26, 2024. In a note dated October 16, 2023, Jefferies initiated an Buy rating and provided a target price of $10.80 on this stock.

Nu Holdings Ltd [NU] stock has fluctuated between $8.06 and $16.15 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Nu Holdings Ltd [NYSE: NU] shares were valued at $10.97 at the most recent close of the market. An investor can expect a potential return of 45.85% based on the average NU price forecast.

Analyzing the NU fundamentals

Nu Holdings Ltd [NYSE:NU] reported sales of 9.80B for the trailing twelve months, which represents a growth of 38.99%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.26 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.75 points at the first support level, and at 10.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.12, and for the 2nd resistance point, it is at 11.27.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.48, the price to book ratio is 6.90 and price to earnings (TTM) ratio is 30.09.

Transactions by insiders

Recent insider trading involved Duggal Jagpreet Singh, Officer, that happened on Nov 26 ’24 when 0.11 million shares were purchased. Officer, Olivier Vitor Guarino completed a deal on Nov 15 ’24 to buy 0.47 million shares. Meanwhile, Affiliate Youssef Lahrech bought 36000.0 shares on Sep 30 ’24.

Related Posts