KeyCorp Has Pessimistic Outlook of NU FY2025 Earnings

Nu Holdings Ltd. (NYSE:NU) – Investment analysts at KeyCorp cut their FY2025 earnings estimates for NU in a research report issued on Friday, January 23rd. KeyCorp analyst A. Markgraff now expects that the company will post earnings per share of $0.61 for the year, down from their previous forecast of $0.62. KeyCorp currently has a “Overweight” rating and a $19.00 target price on the stock. The consensus estimate for NU’s current full-year earnings is $0.58 per share. KeyCorp also issued estimates for NU’s Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.23 EPS, FY2026 earnings at $0.93 EPS and FY2027 earnings at $1.27 EPS.

NU (NYSE:NU) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. NU had a net margin of 17.97% and a return on equity of 30.12%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $3.96 billion.

NU has been the subject of several other reports. JPMorgan Chase & Co. boosted their price target on NU from $17.00 to $18.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $21.00 target price on shares of NU in a report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of NU in a research report on Wednesday, October 8th. Zacks Research raised shares of NU from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. Finally, Susquehanna upped their price objective on shares of NU from $17.00 to $19.00 and gave the company a “positive” rating in a research note on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $18.04.

NU Price Performance

NYSE:NU opened at $18.03 on Monday. The stock has a 50 day moving average of $16.81 and a two-hundred day moving average of $15.36. NU has a 12 month low of $9.01 and a 12 month high of $18.37. The firm has a market cap of $86.89 billion, a P/E ratio of 35.36, a price-to-earnings-growth ratio of 0.59 and a beta of 1.08. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.29.

Institutional Trading of NU

Several institutional investors have recently made changes to their positions in NU. LOM Asset Management Ltd acquired a new stake in NU during the fourth quarter worth $25,000. Quaker Wealth Management LLC grew its holdings in shares of NU by 212.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 2,300 shares of the company’s stock worth $32,000 after purchasing an additional 4,341 shares during the period. ORG Partners LLC grew its holdings in shares of NU by 474.1% during the 2nd quarter. ORG Partners LLC now owns 2,325 shares of the company’s stock worth $32,000 after purchasing an additional 1,920 shares during the period. Allworth Financial LP increased its position in shares of NU by 166.6% during the 2nd quarter. Allworth Financial LP now owns 2,562 shares of the company’s stock worth $35,000 after purchasing an additional 1,601 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in NU in the 2nd quarter valued at about $36,000. Hedge funds and other institutional investors own 84.02% of the company’s stock.

NU Company Profile

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.