Nu Holdings Ltd. (NYSE:NU) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On May 21, BofA reduced its price target on Nu Holdings Ltd. (NYSE:NU) from $17 to $16 and kept its Neutral rating on the stock after the company reported its results for Q1 2026.
The research firm noted that the quarterly results disappointed for “a second consecutive quarter.” BofA analysts reduced the firm’s BRL net income estimates for fiscal years 2026 and 2027 by 6% and 9%, respectively, after incorporating the latest results in the firm’s model.
Earlier, on May 20, UBS also cut its price target on Nu Holdings Ltd. (NYSE:NU) from $18.10 to $16.90 while maintaining a Buy rating on the stock after the company released its results for the first quarter of 2026.
In Q1 2026, Nu Holdings Ltd. (NYSE:NU) added about 4 million customers to bring its total global customer base to more than 135 million by March 2026.
Nu Holdings Ltd. (NYSE:NU) is a financial technology company that operates a digital banking platform. The company has a fully digital model and offers a wide range of financial services to customers in Brazil, Mexico, and Colombia.
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