Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Nu Holdings Ltd before investing.

In this article, we go over a few key elements for understanding Nu Holdings Ltd’s stock price such as:

• Nu Holdings Ltd’s current stock price and volume
• Why Nu Holdings Ltd’s stock price changed recently
• Upgrades and downgrades for NU from analysts
• NU’s stock price momentum as measured by its relative strength

About Nu Holdings Ltd (NU)

Before we jump into Nu Holdings Ltd’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Nu Holdings Ltd is a Brazil-based company that provides a digital banking platform. The Company offers its customers products across the five financial seasons: spending, saving, investing, borrowing, and protecting. Its spending solutions are designed to help customers pay for goods and services in their everyday lives with a customized credit line or instantly through a mobile phone, while collecting loyalty points and rewards on applicable transactions. Its savings solutions are designed to help customers deposit, manage and save their money in interest-earning accounts with complementary debit cards. Its investing solutions are designed to help customers invest their money in investment products and services. Its borrowing solutions are designed to provide customers with unsecured loans that are easy to receive, manage and pay back. Its NuInsurance protecting solutions are designed to help customers secure life insurance and funeral benefits.

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Nu Holdings Ltd’s Stock Price as of Market Close

As of September 26, 2024, 4:00 PM, CST, Nu Holdings Ltd’s stock price was $13.82.

Nu Holdings Ltd is down 6.5% from its previous closing price of $14.78.

During the last market session, Nu Holdings Ltd’s stock traded between $14.65 and $15.00. Currently, there are 4,788.24 million shares of Nu Holdings Ltd stock available for purchase.

Nu Holdings Ltd’s price-earnings (P/E) ratio is currently at 47.1, which is high compared to the Banks industry median of 11.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Nu Holdings Ltd Stock Price History

Nu Holdings Ltd’s (NU) price is currently down 7.68% so far this month.

During the month of September, Nu Holdings Ltd’s stock price has reached a high of $15.16 and a low of $13.42.

Over the last year, Nu Holdings Ltd has hit prices as high as $15.16 and as low as $6.77. Year to date, Nu Holdings Ltd’s stock is up 239.56%.

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What Caused Nu Holdings Ltd Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 25, 2024, there were 2 analysts who downgraded Nu Holdings Ltd’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Nu Holdings Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Nu Holdings Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Nu Holdings Ltd’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Nu Holdings Ltd (NU) by visiting AAII Stock Evaluator.

Relative Price Strength of Nu Holdings Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 25, 2024, Nu Holdings Ltd has a weighted four-quarter relative price strength of 12.58%, which translates to a Momentum Score of 89 and is considered to be Very Strong.

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Nu Holdings Ltd Stock Price: Bottom Line

As of September 26, 2024, Nu Holdings Ltd’s stock price is $13.82, which is down 6.5% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Nu Holdings Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.