Nu Holdings Shares Rise 0.27% Amid Dropped Trading Volume, Rank 166th in Market Activity

Nu Holdings (NU) closed September 3 at $14.90, up 0.27% despite a 24.99% drop in trading volume to $0.56 billion, ranking 166th in market activity. The stock has outperformed the S&P 500 and its foreign banks sector, which gained 5.8% over the past month, while NU shares rose 22.3%.

Analysts highlight revised earnings estimates as a key factor. The Zacks Consensus projects $0.15 per share for the current quarter, reflecting a 25% year-over-year increase. However, the estimate has declined 2.2% in the past 30 days. For the fiscal year, consensus earnings of $0.55 (up 22.2% YoY) and next year’s $0.8 estimate (44.9% YoY growth) show cautious optimism. Revenue forecasts also remain robust, with $3.87 billion expected for the current quarter (31.6% YoY growth) and $14.99 billion for the fiscal year (30.1% YoY).

The Zacks Rank system, which evaluates earnings estimate revisions, assigns Nu a #3 rating (Hold), indicating alignment with broader market performance. Recent results included a 0.35% revenue beat and a 7.69% earnings surprise in the last reported quarter, though valuation metrics place Nu at par with peers under its Value Style Score.

Backtest results show Nu’s 30-day historical performance correlated with earnings estimate trends, supporting its current market positioning.