Nu Holdings (NU 0.89%), the parent company of Brazil-based Nubank, closed at $14.77, up $0.13 (0.89%) on Thursday. Trading volume reached 54.6 million shares, below its three-month average of 64 million. The company holds a market capitalization of $71.3 billion and trades at a price-to-earnings ratio of 31.4. Shares remain within their 52-week range of $9.01 to $16.15, after moving between $14.66 and $15.11 intraday.
The broader market also finished higher. The S&P 500 (^GSPC 0.32%) gained 20.46 points (0.32%) to close at 6,501.86, while the Nasdaq Composite (^IXIC 0.53%) advanced 115.02 points (0.53%) to end at 21,705.16.
Among peers, Itaú Unibanco (ITUB 2.23%) rose to $7.11, up $0.15 (2.16%), while MercadoLibre (MELI 2.44%) advanced to $2,472.29, a gain of $58.86 (2.44%).
Investor sentiment toward Nu Holdings has been supported by a series of positive analyst actions, including Susquehanna lifting its price target to $17 with a positive rating, alongside recent upgrades from Citigroup and Banco Bradesco BBI. Reports also surfaced that Nubank is considering a billion-dollar acquisition of Argentina-based Brubank, which could accelerate its regional expansion. The company's fundamentals remain strong, with its customer base up 17% year-over-year to 123 million and net income rising 38% in the first half of 2025.
Investors will be watching for developments on the potential Brubank acquisition and continued growth trends across Latin America as the next catalysts.
Market data sourced from Google Finance and Yahoo! Finance on Thursday, Aug. 28, 2025.
