BofA and UBS Cut Nu Holdings (NU) Price Targets

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.

BofA and UBS Cut Nu Holdings (NU) Price Targets

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.

While we acknowledge the risk and potential of NU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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