JPMorgan raises target for Nu Holdings stock to USD 23.00
Published on 10/07/2026 at 01:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
JPMorgan raised its price target for Nu Holdings stock from USD 20.00 to USD 23.00 on October 6, 2026, while keeping an Overweight rating. As Markets Insider reported, the revision followed updated Brazilian financial models and a lower cost-of-equity assumption.
JPMorgan lifts the valuation bar
The new USD 23.00 target is USD 3.00 above JPMorgan's previous USD 20.00 target. The accompanying Overweight rating gives the latest analyst action a clear valuation focus, although the article does not provide a new company forecast figure.
Second-quarter growth remains substantial
Nu's second-quarter 2026 gross revenue reached USD 5.9 billion, up 39.00 percent year over year, according to the company's release dated August 13, 2026. The same release reported quarterly net income of USD 1.1 billion, up 49.00 percent year over year, and a risk-adjusted net interest margin of 12.40 percent.
Customer growth adds scale to those figures. Nu served 139 million customers at the end of the second quarter, after adding 4 million during the period, while its total credit portfolio reached USD 39.4 billion, up 37.00 percent year over year. These operating figures show why analysts are putting more weight on earnings growth and credit performance than on the headline share price alone.
Market value and credit remain key
Nu's primary-exchange market capitalization was USD 75.8 billion on October 6, 2026. The same market-data snapshot placed the one-year range at USD 11.20 to USD 18.98, leaving the valuation sensitive to changes in Brazilian credit conditions and the pace of expansion in Mexico and Colombia.
Prior close sets the reference
The Lang & Schwarz prior close for Nu Holdings was EUR 13.89 on October 5, 2026. The quote timestamp dated October 6, 2026 carried no valid current-session change, so the prior close is the applicable euro reference for German investors.
The further course of trading is shown by the continuously updated real-time quote of Nu Holdings stock.
Nu Holdings market data
- Company: Nu Holdings Ltd.
- ISIN: KYG6683N1034
- Ticker: NU
- Primary exchange: NYSE
- Prior close Lang & Schwarz (October 5, 2026): EUR 13.89
- Market capitalization: USD 75.8 billion (as of October 6, 2026)
- 52-week range: USD 11.20-18.98 (as of October 6, 2026)
- Sector: Financials
