Nu Holdings Ltd (NU) stock: 12-month forecast projects 5.84% potential return%

At the time of writing, Nu Holdings Ltd [NU] stock is trading at $11.99, up 4.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NU shares have gain 9.90% over the last week, with a monthly amount glided 15.29%, and 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.

For the past year, the stock price of Nu Holdings Ltd fluctuated between $8.51 and $16.15. Currently, Wall Street analysts expect the stock to reach $12.69 within the next 12 months. Nu Holdings Ltd [NYSE: NU] shares were valued at $11.99 at the most recent close of the market. An investor can expect a potential return of 5.84% based on the average NU price forecast.

Analyzing the NU fundamentals

According to Nu Holdings Ltd [NYSE:NU], the company’s sales were 9.80B for trailing twelve months, which represents an 38.99% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.

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 11.62 points at the first support level, and at 11.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.30, and for the 2nd resistance point, it is at 12.61.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.81, the price to book ratio is 7.54 and price to earnings (TTM) ratio is 32.89.

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.

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