Nu Holdings Ltd (NYSE: NU) Shares Gain $56579987.86 After Investor Confidence Raised

Nu Holdings Ltd (NYSE:NU) has a beta value of 1.04 and has seen 15.09 million shares traded in the recent trading session. The company, currently valued at $58.06B, closed the recent trade at $56580000.0 per share which meant it gained $56579987.86 on the day or 15091368% during that session. The NU stock price is 100.0% off its 52-week high price of $16.15 and 100.0% above the 52-week low of $9.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 58.85 million shares traded. The 3-month trading volume is 56.58 million shares.

The consensus among analysts is that Nu Holdings Ltd (NU) is Buy stock at the moment, with a recommendation rating of 2.29. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 9 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.13.

Nu Holdings Ltd (NYSE:NU) trade information

Over the past 30 days, the shares of Nu Holdings Ltd (NYSE:NU) have changed 0.50%. Short interest in the company has seen 105.84 million shares shorted with days to cover at 1.86.

Wall Street analysts have a consensus price target for the stock at $13.5, which means that the shares’ value could drop -419111011.11% from the levels at last check today.. The projected low price target is $7.0 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..

Nu Holdings Ltd (NU) estimates and forecasts

The company’s shares have gained 2.99% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 28.27%.

2 analysts offering their estimates for the company have set an average revenue estimate of 3.78B for the current quarter. 2 have an estimated revenue figure of 3.88B for the next ending quarter. Year-ago sales stood 2.85B and 2.94B respectively for this quarter and the next, and analysts expect sales will grow by 32.53% for the current quarter and 28.27% for the next.

Earnings growth for 2025 is a modest 38.40% while over the next 5 years, the company’s earnings are expected to increase by 37.02%.

NU Dividends

Nu Holdings Ltd is expected to release its next earnings report on 2025-May-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Nu Holdings Ltd (NYSE:NU)’s Major holders

Insiders own 4.94% of the company shares, while shares held by institutions stand at 80.08% with a share float percentage of 84.25%. Investors are also buoyed by the number of investors in a company, with Nu Holdings Ltd having a total of 1075.0 institutions that hold shares in the company. The top two institutional holders are SC US (TTGP), LTD. with over 251.3 million shares worth more than $3.24 billion. As of 2024-06-30, SC US (TTGP), LTD. held 5.2484% of shares outstanding.

The other major institutional holder is CAPITAL RESEARCH GLOBAL INVESTORS, with the holding of over 217.5 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.8 billion and represent 4.5424% of shares outstanding.

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