Nu holdings stock Forecast, Predictions & Price Target
Nu Holdings Ltd. , also known as Nubank, is a neobank based in Brazil. It was founded in 2013 by David Velez after he had trouble opening up a checking account in the country (via Reuters). Nubank has about 48 million users, according to Iupanna.
Nu really disrupted the market, giving millions of people in Brazil and Latin America their first-ever bank or credit card account. The company first offered a credit card with no annual fees and then expanded into cash management accounts, personal loans, payment capabilities, and online investing. Nu services more than 1 million business customers as well.
Is Nu Holdings a Good Investment?
If you are looking for stocks with good return, Nu Holdings Ltd. can be a good long-term (1-year) investment. The NU future stock price will be around $21.
What is Nu's price target?
According to 10 Wall Street analysts that have issued a 1 year NU price target, the average NU price target is $12.20, with the highest NU stock price forecast at $16.00 and the lowest NU stock price forecast at $7.50.
Is Nu Holdings stock a good buy in 2022
The consensus among 11 Wall Street analysts covering (NYSE: NU) stock is to Buy NU stock. Out of 11 analysts, 6 (54.55%) are recommending NU as a Strong Buy, 1 (9.09%) are recommending NU as a Buy, 3 (27.27%) are recommending NU as a Hold, 1 (9.09%) are recommending NU as a Sell, and 0 (0%) are recommending NU as a Strong Sell.
