1Sem.·

Is Nu Holdings Still a Buy?

$NU (-1,89 %) I came across it through the community and actually find it quite interesting. I’m not currently invested in Latin America at all, and I don’t have a bank in my portfolio yet either. Given the current price and the current market situation, would you open a position now or not? I’m a bit unsure right now, especially since so many people are already talking again about how September will be the worst month and interest rate hikes are coming and all that. Thanks a lot for your answers

@Raketentoni

@Tenbagger-Capital

@Get_Rich_or_Die_Tryin

@Multibagger

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58 Commentaires

Tenbagger-Capital@Tenbagger-Capital

1Sem.

I'm sticking with my investment in NU Holding; a P/E ratio of 17.8 isn't too expensive from a historical perspective, and the PEG ratio stands at an attractive +0.67, driven by double-digit earnings growth over the next two years. In addition, the company will begin paying dividends starting next year.

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Maximilian@Max095

1Sem.

@Tenbagger-Capital I had no idea about the introduction of dividends. Thanks for letting me know.

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@Max095 but just a small one https://www.finanzen.net/schaetzungen/nu_holdings?utm_source=copilot.com There's also a stock buyback, though

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Maximilian@Max095

1Sem.

@Tenbagger-Capital very interesting

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ThemenmitKopf@topicswithhead

1Sem.

@Tenbagger-Capital Aren't those just expectations? If that's been confirmed, I find it hard to believe—especially if you're looking to expand into the U.S.

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@topicswithhead Well, whether or not the mini-dividend pays out. Anyone investing in NU probably isn't a dividend investor anyway, but is in it for growth.

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ThemenmitKopf@topicswithhead

1Sem.

@Tenbagger-Capital Yeah, I'm with you. I'm really invested in this, too.

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@topicswithhead It will definitely be worthwhile in the long run. However, despite the expansion, I don't think a dividend is out of the question. Some Scandinavian banks are also continuing to expand in Europe and still pay a relatively high dividend.

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ThemenmitKopf@topicswithhead

1Sem.

@Tenbagger-Capital Sure, in principle, but I don't see the point. Why not just grow faster and strengthen the balance sheet with 40% growth? I don't think the Finns are like that. Revolut doesn't pay any either, and those two are way more relevant here than your Finns 😂

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ThemenmitKopf@topicswithhead

1Sem.

@topicswithhead I have nothing against your Finns, of course. I don't even know which banks you're talking about.

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@topicswithhead They’re buying back shares, after all—perhaps it would make more sense to use the dividend payout to buy back even more shares. But I think they’re starting now with an annual dividend increase to attract long-term dividend investors in a few years’ time. Just as most major banks do. Take a look at UniCredit—despite the acquisition of Commerzbank, the dividend remains unchanged.

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Voir toutes les 32 autres réponses

Raketentoni@Raketentoni

1Sem.

Hey there! 🚀

You’ve hit on a real gem there—we’ve been on board with **Nu Holdings ($NU)** for quite some time now and are following the Latin American neobank’s progress very closely. Your concerns about seasonality in September and macroeconomic fears are completely understandable, but let’s take a sober, fact-based, and technical analysis look at the whole picture!

### 1. The Fundamental Powerhouse (Highlights)

Anyone who thinks Latin America is all risk is missing out on one of the most efficient and fastest-growing fintech companies in the world:

* **Record Profit:**
In Q2 2026, Nubank surpassed the **$1.1 billion net profit** mark in a single quarter for the first time (+49% YoY on a currency-adjusted basis).

* **Customer Power:**
The customer base climbed to 139 million, with a very high activity rate of 83.5%. In Mexico, the company reached 16 million customers, was already operating profitably, and received a full banking license in July 2026.

* **Margins & Efficiency:**
The risk-adjusted net interest margin (NIM) rose to a record **12.4%**, with a return on equity (ROE) of an outstanding 33%.

* **Share Buybacks:**
The board has just approved a **$1 billion share buyback program**.

### 2. The Valuation: Is the Stock Still a Buy?

The short answer: **Yes, absolutely, based on fundamentals.**

* **Forward P/E:**
For the full year 2026, the P/E ratio stands at around **16.7x** (according to estimates, it will already drop to **12.3x** in 2027).

* **PEG ratio:**
The price-to-earnings-growth (PEG) ratio stands at a bargain-basement **0.34**. A figure well below 1.0 signals a historical undervaluation on the stock market relative to earnings growth.

### 3. What about the risks & “September jitters”?

Transparency is essential, as there are also points to consider:

* **Non-performing loans (NPLs):**
The 90-day delinquency rate rose slightly by 35 basis points to 6.9%. Household debt is high in Brazil, which is why established major banks are already becoming more cautious about consumer loans.

* **September seasonality:**
Fear of the “worst month for the stock market” is often a psychological trap. When the overall market corrects in the short term, growth stocks are sometimes affected as well, but this presents exactly the buying opportunities that investors would otherwise wait for in vain.

### 4. Specific Entry Zones (Chart Analysis & Strategy)

The weekly chart shows an intact overarching uptrend. Since no one can predict the exact low, a **tranche strategy** makes sense here.

Zone 1: First tranche $14.50–$15.50
Current level. Absolutely reasonable for an initial small position in the portfolio.
A forward P/E ratio of 16.7x is fairly priced for >40% earnings growth.

Zone 2: The Sweet Spot $13.00–$13.80
Consolidation range / 50-day EMA. This area has provided strong support over the past few months. The ideal zone for building the main position.

Zone 3: Bargain Fortress $11.20–$12.00
52-week low & 200-day EMA. If the “September blues” do indeed shake up the market, this is the absolute dream zone for picking up bargains.

### Conclusion

If you don’t yet have a bank or any Latin American exposure in your portfolio, Nubank is arguably the most exciting fintech company in the region. Instead of sitting completely on the sidelines out of fear of September, it’s best to start with a **small initial position** and set buy limits in zones 2 and 3 in case of any pullbacks! ☕📈

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r0bs1@r0bs1

@Raketentoni What kind of ridiculous AI response is that?

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Raketentoni@Raketentoni

@r0bs1 Yeah, it's totally stupid when you can't seem to write a comment without insulting someone. 🙄

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Bubu@Bubu_98

1Sem.

I've been holding it since 2023. I've added to my position every now and then, and I'm now sitting comfortably with a 40% profit. I'll continue to hold it.

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growth_specialist_vbtal@growth_specialist_vbtal

1Sem.

Thanks!

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Chris@Multibagger

1Sem.

I'm no longer invested and don't plan to reinvest at this time. I think there are more interesting stocks in the financial sector, such as $HOOD

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ThemenmitKopf@topicswithhead

1Sem.

@Multibagger It's crazy to say "hood" would be better than "Nu"

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Chris@Multibagger

1Sem.

@topicswithhead I didn't say "better," but rather "more interesting to me."

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ThemenmitKopf@topicswithhead

1Sem.

@Multibagger fair

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@topicswithhead Unlike nu, I now think Hood is overrated again

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ThemenmitKopf@topicswithhead

1Sem.

@Tenbagger-Capital Not only that. A lot of things are going right for them right now, but since they were founded, they’ve only made money off crap. I was in on it for a short while, but I don’t see it working out in the long run. No matter how much they diversify, they always make the most money from gambling. Crypto, options, and the like have been their biggest revenue sources for years, and that’s just not sustainable at all. I like TRT. The RWA project is cool, and they’ve always been innovators in the market. That’s why we have a broker here, by the way.

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@topicswithhead European stocks are currently benefiting from the ECB's interest rate hike

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Chris@Multibagger

1Sem.

@topicswithhead The biggest growth driver for $HOOD, however, is token trading. This area is constantly expanding—it now covers stocks, cryptocurrencies, and all sorts of other assets. And we’re also talking about expanding into other countries with our full range of services. But let me sum it up from my own perspective—and this is a completely subjective assessment. Over the next 12–24 months, $HOOD will outperform $NU.

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Tenbagger-Capital@Tenbagger-Capital

1Sem.

@Multibagger If Bitcoin has emerged from the bear market, that could be a very good thing.

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ThemenmitKopf@topicswithhead

1Sem.

@Multibagger I'd be happy to accept it

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