# Nu Holdings (NU.US)

Canonical: https://gigainvestors.com/s/NU

Analysis as of: 2026-10-16T07:30:43.905Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $14.73 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Glenn Greenberg](https://gigainvestors.com/CCM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Stephen Mandel](https://gigainvestors.com/LPC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Chase Coleman](https://gigainvestors.com/TGM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Lee Ainslie](https://gigainvestors.com/mc): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Up 80% since Oct 2023 · "Nu Holdings Cut to Market Perform on Brazil Credit Risk" (finance.yahoo.com, Sep 2026)

Story as of 2026-10-16T09:59:17.296Z; price observation 2026-10-15.

- 2025-08-15: Nu Holdings Powers Ahead As Strong Customer Spend, Margin Gains Drive Outlook ([finance.yahoo.com](https://finance.yahoo.com/news/nu-holdings-powers-ahead-strong-162837244.html))

- 2026-01-31: Nu Holdings Eyes Global Growth With U.S. Bank Nod And F1 Partnership ([finance.yahoo.com](https://finance.yahoo.com/news/nu-holdings-eyes-global-growth-221108725.html))

- 2026-05-18: NU Stock Falls 5.7% Since Missing Q1 Earnings, Revenues In Line ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/nu-stock-falls-5-7-155300709.html))

- 2026-07-23: Nubank (NU) Is Buying Banco Porto Real To Secure A Full Brazilian Banking License ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/nubank-nu-buying-banco-porto-170928644.html))

- 2026-08-14: Nu Holdings Shares Surge After First $1 Billion Quarterly Profit ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/nu-holdings-shares-surge-first-101818296.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in regional banking; annual sales are USD 15.8 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1691493/000129281426002166/nuform20f_2025.htm#000129281426002166 (filed 2026-04-08); FY2025: revenue 15774741000.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); NU.US: Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States. The company provides spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Nubank+ Tier, an evolution of the Nu experience; Ultraviolet credit and prepaid card, a premium metal credit card; mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones; and Nu Shopping, an integrated marketplace that enables customers to purchase goods and services from various ecommerce retailers. It also offers transactional solutions, such as Nu Personal Accounts, a digital account solution for personal financial activities; Nu business accounts for entrepreneur customers and their businesses; and Nu business prepaid and credit card. In addition, it offers savings and investing solutions, including Money Boxes, a solution for goal-based investing; investing solutions, an attractive investment product with customized and conflict-free guidance; and NuCrypto, a solution for buying and selling cryptocurrencies through the Nu app. Further, the company provides borrowing solutions comprising personal unsecured and secured loans; Pix financing that enables credit card and digital account customers to make free and instant peer-to-peer transfers; Boleto financing, which enables credit card and digital account customers to make payments; purchase financing; cash-in financing; and NuPay to make online purchases and pay for services through Nu app. Additionally, it offers protection solutions, such as NuInsurance protection solutions, including life, mobile, auto, home, and financial protection insurance policies; and beyond financial services solutions, including NuTravel, a travel portal; and NuCel, a mobile phone service. Nu Holdings Ltd. was founded in 2013 and is based in Sao Paulo, Brazil.

### Where the cash goes

Paid dividends in 1 of 5 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); Dividend observations: [[2021,928601000],[2022,0],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 2.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); NU.US SharesStats.PercentInsiders = 2.0660000000000003 percentage points; cache date 2026-10-16.

### What the price says

The price is 4.6 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-08); Closing price 14.73 USD; reporting-to-trading FX 1; FY2025 annual sales per share 3.2145118181862644; price multiple 4.582344328822894. FY2025 cash earnings/share 0.6031042810868265. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2021-12: $9.38 per share

- 2022-01: $7.42 per share

- 2022-02: $7.65 per share

- 2022-03: $7.72 per share

- 2022-04: $6.01 per share

- 2022-05: $3.81 per share

- 2022-06: $3.74 per share

- 2022-07: $4.21 per share

- 2022-08: $4.90 per share

- 2022-09: $4.40 per share

- 2022-10: $5.00 per share

- 2022-11: $4.45 per share

- 2022-12: $4.07 per share

- 2023-01: $4.65 per share

- 2023-02: $5.04 per share

- 2023-03: $4.76 per share

- 2023-04: $5.16 per share

- 2023-05: $6.74 per share

- 2023-06: $7.89 per share

- 2023-07: $7.96 per share

- 2023-08: $6.85 per share

- 2023-09: $7.25 per share

- 2023-10: $8.20 per share

- 2023-11: $8.14 per share

- 2023-12: $8.33 per share

- 2024-01: $8.61 per share

- 2024-02: $11.08 per share

- 2024-03: $11.93 per share

- 2024-04: $10.86 per share

- 2024-05: $11.88 per share

- 2024-06: $12.89 per share

- 2024-07: $12.13 per share

- 2024-08: $14.97 per share

- 2024-09: $13.65 per share

- 2024-10: $15.09 per share

- 2024-11: $12.53 per share

- 2024-12: $10.36 per share

- 2025-01: $13.24 per share

- 2025-02: $10.75 per share

- 2025-03: $10.24 per share

- 2025-04: $12.43 per share

- 2025-05: $12.01 per share

- 2025-06: $13.72 per share

- 2025-07: $12.22 per share

- 2025-08: $14.80 per share

- 2025-09: $16.01 per share

- 2025-10: $16.11 per share

- 2025-11: $17.39 per share

- 2025-12: $16.74 per share

- 2026-01: $17.75 per share

- 2026-02: $14.98 per share

- 2026-03: $14.37 per share

- 2026-04: $14.48 per share

- 2026-05: $13.13 per share

- 2026-06: $13.36 per share

- 2026-07: $14.33 per share

- 2026-08: $14.55 per share

- 2026-09: $12.66 per share

- 2026-10: $15.58 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 20-F filing](https://www.sec.gov/Archives/edgar/data/1691493/000129281426002166/nuform20f_2025.htm); period 2025-12-31, filed 2026-04-08.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.