Nu Holdings stock gained 1.05 percent as Goldman reiterated Buy

Published on 10/04/2026 at 22:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nu Holdings stock stood at USD 13.43 on October 2, 2026, after quarterly profit reached USD 1.1 billion. A 22-analyst consensus sets an average target of USD 18.64.

NU, KYG6683N1034, Illustration mit AI erstellt.

Nu Holdings stock (ISIN KYG6683N1034) was last at USD 13.43 on the NYSE on October 2, 2026, up 1.05 percent from the prior close. The fresh analyst signal came from Goldman Sachs, which reiterated a Buy rating and a USD 23 price target while highlighting Nu's planned move into U.S. consumer credit, as CNBC reported on October 3, 2026.

Profit passes USD 1 billion

Nu's second-quarter results provide the operating backdrop for the analyst view. In the quarter ended June 30, 2026, gross revenue reached USD 5.88 billion, according to Business Wire.

Net income reached USD 1.1 billion, up 49 percent from the year-earlier quarter, while gross profit rose 43 percent year over year to USD 2.4 billion. The figures mark a higher earnings base for a company still investing in international expansion and credit products.

Consensus target stays higher

A separate analyst compilation puts the consensus rating at Buy across 22 Wall Street analysts, with an average 12-month price target of USD 18.64, according to Financhill. That target is 38.79 percent above the USD 13.43 price from October 2, 2026.

The latest result also shows where execution risk sits. Nu reported a 90-plus-day nonperforming-loan ratio of 6.9 percent in the second quarter, while its risk-adjusted net interest margin expanded to 12.4 percent, according to Business Wire. For investors, the balance between loan growth, credit quality and the cost of entering new markets remains central to the valuation.

Stock remains below yearly high

At USD 13.43 on October 2, 2026, Nu Holdings was USD 5.55 below its 52-week high of USD 18.98 and USD 2.23 above its 52-week low of USD 11.20. Trading volume reached 77,962,873 shares, and market capitalization stood at USD 65.0 billion.

Nu Holdings is due to publish its next earnings report on November 12, 2026, with the next report covering the third quarter of 2026.