Nu Holdings Ltd Sees Shares Rise Following Itau BBA Upgrade

Nu Holdings Ltd, a Brazil-based holding company, offers digital banking services. Its solutions include spending, saving, investing, borrowing, and protecting. The company has seen a rise in shares after being upgraded by Itau BBA.

Nu Holdings Ltd, a Brazil-based holding company specializing in digital banking services, has seen a significant rise in its share price following an upgrade by Itau BBA. The upgrade, which moved the stock from "market perform" to "outperform," has fueled investor interest and boosted the company's valuation.

Nu Holdings offers a comprehensive range of financial services, including spending, saving, investing, borrowing, and protecting solutions. Its spending solutions facilitate everyday transactions with customized credit lines or mobile payments, while its savings solutions provide interest-earning accounts with complementary debit cards. The investing solutions help customers invest their money in various products, and the borrowing solutions offer unsecured loans. The protecting solutions include life insurance and funeral benefits [1].

The upgrade by Itau BBA comes at a time when Nu Holdings has been performing strongly. The company's subsidiary, Nubank, reported a 42% increase in net profit in Q2 2025, despite challenging economic conditions in Brazil. Nubank's Total Payment Volume (TPV) grew by 130 billion reais, a 4% year-over-year increase, and net revenues rose by 11% year over year, reaching BRL5.1 billion [2].

Nu Holdings' robust financial performance has been driven by its digital-first, scalable business model, which has positioned it as a leader in the Latin American fintech landscape. The company's net interest income for the second quarter and first half of 2025 was US$2.10 billion and US$636.84 million, respectively, both up year-over-year [3].

The stock of Nu Holdings has experienced a recent surge, rising 1.55% on August 7, 2025, with a trading volume of $0.43 billion. The forward P/E of 22.35 exceeds the finance sector's average of 10.13, while its PEG ratio of 0.69 suggests earnings growth outpaces valuation [3].

As Nu Holdings prepares to release its Q2 earnings on August 14, investors will closely monitor the company's ability to deliver on expectations. A strong print is likely to reaffirm its long-term growth story and potentially boost the stock's valuation [2].

References:
[1] https://www.marketscreener.com/news/nu-holdings-ceo-velez-sells-33-million-shares-of-the-company-ce7c51dcdb80f222
[2] https://www.ainvest.com/news/nubank-posts-42-net-profit-growth-q2-2508/
[3] https://simplywall.st/stocks/us/banks/nyse-nu/nu-holdings/news/nu-holdings-nu-is-up-99-after-strong-q2-profit-and-net-inter