Nu (NU) Q3 Earnings: Analyzing Key Metrics Against Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Should l Buy NU?
Source: NASDAQ.COM
Nu Holdings Financial Performance: For Q3 2025, Nu Holdings Ltd. reported a revenue of $4.17 billion, a 41.8% increase year-over-year, with an EPS of $0.17, surpassing both revenue and EPS estimates.
Market Insights: The demand for data is driving a significant market shift, with companies providing hardware for data centers poised to become the next major players, similar to NVIDIA.
Emerging Chipmaker: An under-the-radar chipmaker is gaining attention for its unique semiconductor products, positioning itself to benefit from the upcoming growth in the data market.
Investment Recommendations: Zacks Investment Research offers insights and stock recommendations, including a report on the "7 Best Stocks for the Next 30 Days."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NU?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NU
Wall Street analysts forecast NU stock price to rise
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 13.890
Low
16.00
Averages
18.80
High
22.00
Current: 13.890
Low
16.00
Averages
18.80
High
22.00
About NU
Nu Holdings Ltd is a Brazil-based holding company, which engages in the provision of digital banking services. The Company offers its customers products across the five financial seasons: spending, saving, investing, borrowing, and protecting. Its spending solutions are designed to help customers pay for goods and services in their everyday lives with a customized credit line or instantly through a mobile phone, while collecting loyalty points and rewards on applicable transactions. Its savings solutions are designed to help customers deposit, manage, and save their money in interest-earning accounts with complementary debit cards. Its investing solutions are designed to help customers invest their money in investment products and services. Its borrowing solutions are designed to provide customers with unsecured loans that are easy to receive, manage, and pay back. Its protecting solutions are designed to help customers secure life insurance and funeral benefits.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
iShares MSCI Brazil ETF Declines 2.18% Amid Inflation Concerns
- ETF Performance Decline: The iShares MSCI Brazil ETF (EWZ) has declined by 2.18% over the past week as of March 13, 2026, reflecting recent weakness in Brazilian equities, which may impact investor confidence.
- Rising Inflation Expectations: Natalia Gurushina, Chief EM Economist at VanEck, notes that a sharp increase in Brazil's inflation expectations for 2026 raises the likelihood of a policy rate pause this week, potentially affecting market liquidity and investment decisions.
- Top Holdings Ratings: Among the top five holdings in the iShares MSCI Brazil ETF, Petróleo Brasileiro S.A. - Petrobras (PBR) leads with a Quant Rating of 4.96, followed closely by B3 S.A. (BOLSY) and Vale S.A. (VALE) with ratings of 4.85 and 4.84, indicating strong performance from these companies.
- Rating System Overview: The Quant Rating system evaluates stocks based on critical metrics such as valuation, growth, stock momentum, and profitability, with ratings ranging from 1 to 5, where ratings above 3.5 are considered bullish and below 2.5 bearish, reflecting market confidence in these stocks.
See More
Growth Stock Analysis: Buy and Sell Recommendations
- Autodesk Performance Review: Autodesk (ADSK) reported a 17.5% revenue growth over the past year, but its five-year annual growth rate of 13.7% indicates insufficient competitiveness in the software sector, with extended payback periods on sales investments suggesting ineffective sales conversions, leading to stagnant operating margins; currently, shares trade at $251.31, with a forward price-to-sales ratio of 6.6.
- Stewart Information Services Analysis: Stewart Information Services (STC) achieved a 17.6% revenue growth in the past year, yet net premiums earned grew only 2% annually, falling short of insurance sector expectations, while earnings per share declined by 4.8% over five years, indicating poor profitability from incremental sales; shares are priced at $63.23, reflecting a forward price-to-book ratio of 1.1.
- Nubank Growth Potential: Nubank (NU) experienced a 22.9% revenue growth last year, with an impressive annual growth rate of 39.1% over the past two years, showcasing significant market share gains, and earnings per share surged by 72.8%, far exceeding revenue growth; shares are currently priced at $14.02, with a forward P/E ratio of 16.9, indicating strong investment potential.
- Market Environment Analysis: Despite waning enthusiasm for growth stocks, high-quality stocks continue to perform well across various market conditions, with StockStory's research reports highlighting that sustained revenue growth and cash flow returns keep these stocks attractive for future investment.
See More
Analyzing Growth Potential of SoFi and Nu Holdings
- SoFi Revenue Surge: SoFi's adjusted revenue skyrocketed by 140% from 2022 to 2025, with its customer base expanding from 5.2 million to 13.7 million, demonstrating the strong appeal of its all-digital offerings and enhancing its competitive position in the market.
- Significant Profitability Improvement: After reporting a net loss of $320 million in 2022, SoFi achieved an adjusted profit of $481 million in 2023, with management projecting a compound annual growth rate of 38% to 42% in earnings per share from 2025 to 2028, indicating a robust profitability outlook.
- Nu Customer Base Expansion: By the end of 2025, Nu's customer count reached 131 million, a 15% year-over-year increase, with a market penetration of 62% in Brazil, showcasing its dominant presence in Latin America and plans to enter the U.S. market for further growth.
- Strong Revenue Growth: Nu's revenue surged by 45% in 2025, with net income increasing by 51%, indicating its ability to maintain strong growth momentum in the highly competitive financial services sector, which is likely to continue attracting investor interest.
See More
SoFi and Nu: Top Fintech Investment Opportunities
- SoFi Revenue Surge: SoFi's adjusted revenue skyrocketed by 140% from 2022 to 2025, with its customer base expanding from 5.2 million to 13.7 million, demonstrating the strong appeal of its all-digital offerings and solidifying its market position in fintech.
- Profitability Improvement: After reporting a net loss of $320 million in 2022, SoFi achieved an adjusted profit of $481 million in 2023, with management projecting a compound annual growth rate of 38% to 42% in adjusted earnings per share from 2025 to 2028, indicating a robust profit outlook.
- Nu Customer Growth: By 2025, Nu's customer base reached 131 million, a 15% year-over-year increase, with a 62% penetration rate in Brazil, showcasing its dominant presence in Latin America and plans to expand into the U.S. market for further growth.
- Revenue Growth Momentum: Nu's revenue surged by 45% in 2025, with net income increasing by 51%, highlighting significant growth potential in the mature U.S. banking sector, particularly with strategies targeting the 20% Hispanic population in the U.S. that could drive continued expansion.
See More
Nu Holdings Faces Expansion Challenges in Mexico
- User Growth Momentum: Nu Holdings added 13 million users in Q3 2025, indicating potential in the Mexican market; however, merely increasing users is insufficient for achieving sustainable profitability.
- Profitability Challenge: While Mexico's average revenue per active customer reached $12.50, surpassing the early stage of the Brazilian business in 2019, translating user growth into profitability remains a significant challenge.
- Market Complexity: The regulatory environment in Mexico differs from Brazil, with fierce competition from traditional banks and local fintechs, and consumer behavior may not mirror Brazilian patterns, necessitating disciplined risk management during expansion.
- Investor Watch Signals: Investors should closely monitor loan growth, delinquency trends, and revenue mix development in Mexico to assess Nu Holdings' long-term profitability and sustainability in this market.
See More
Nu Holdings Reports Strong Earnings, Future Growth Expected
- Strong Financial Performance: Nu Holdings reported a 45% year-over-year revenue increase in Q4 2025, reaching $4.9 billion, reflecting robust market demand and customer growth, further solidifying its leadership in the Latin American fintech sector.
- Customer Base Expansion: The company added 4 million new customers in the quarter, bringing the total to 131 million, indicating a continued increase in market penetration, particularly in Brazil, where 62% of the adult population are now customers.
- U.S. Market Entry: Nu Holdings recently obtained a bank charter and plans to enter the U.S. market within 18 months; despite facing stiff competition, the CEO stated that a targeted strategy will be employed to ensure success.
- Attractive Valuation: Despite strong fundamentals, Nu trades at a forward price-to-earnings ratio of 18.7, lower than the S&P 500, indicating investment value, with analysts expecting revenue to grow at a compound annual rate of 32% from 2025 to 2028.
See More
iShares MSCI Brazil ETF Declines 2.18% Amid Inflation Concerns
- ETF Performance Decline: The iShares MSCI Brazil ETF (EWZ) has declined by 2.18% over the past week as of March 13, 2026, reflecting recent weakness in Brazilian equities, which may impact investor confidence.
- Rising Inflation Expectations: Natalia Gurushina, Chief EM Economist at VanEck, notes that a sharp increase in Brazil's inflation expectations for 2026 raises the likelihood of a policy rate pause this week, potentially affecting market liquidity and investment decisions.
- Top Holdings Ratings: Among the top five holdings in the iShares MSCI Brazil ETF, Petróleo Brasileiro S.A. - Petrobras (PBR) leads with a Quant Rating of 4.96, followed closely by B3 S.A. (BOLSY) and Vale S.A. (VALE) with ratings of 4.85 and 4.84, indicating strong performance from these companies.
- Rating System Overview: The Quant Rating system evaluates stocks based on critical metrics such as valuation, growth, stock momentum, and profitability, with ratings ranging from 1 to 5, where ratings above 3.5 are considered bullish and below 2.5 bearish, reflecting market confidence in these stocks.
See More
Growth Stock Analysis: Buy and Sell Recommendations
- Autodesk Performance Review: Autodesk (ADSK) reported a 17.5% revenue growth over the past year, but its five-year annual growth rate of 13.7% indicates insufficient competitiveness in the software sector, with extended payback periods on sales investments suggesting ineffective sales conversions, leading to stagnant operating margins; currently, shares trade at $251.31, with a forward price-to-sales ratio of 6.6.
- Stewart Information Services Analysis: Stewart Information Services (STC) achieved a 17.6% revenue growth in the past year, yet net premiums earned grew only 2% annually, falling short of insurance sector expectations, while earnings per share declined by 4.8% over five years, indicating poor profitability from incremental sales; shares are priced at $63.23, reflecting a forward price-to-book ratio of 1.1.
- Nubank Growth Potential: Nubank (NU) experienced a 22.9% revenue growth last year, with an impressive annual growth rate of 39.1% over the past two years, showcasing significant market share gains, and earnings per share surged by 72.8%, far exceeding revenue growth; shares are currently priced at $14.02, with a forward P/E ratio of 16.9, indicating strong investment potential.
- Market Environment Analysis: Despite waning enthusiasm for growth stocks, high-quality stocks continue to perform well across various market conditions, with StockStory's research reports highlighting that sustained revenue growth and cash flow returns keep these stocks attractive for future investment.
See More
Analyzing Growth Potential of SoFi and Nu Holdings
- SoFi Revenue Surge: SoFi's adjusted revenue skyrocketed by 140% from 2022 to 2025, with its customer base expanding from 5.2 million to 13.7 million, demonstrating the strong appeal of its all-digital offerings and enhancing its competitive position in the market.
- Significant Profitability Improvement: After reporting a net loss of $320 million in 2022, SoFi achieved an adjusted profit of $481 million in 2023, with management projecting a compound annual growth rate of 38% to 42% in earnings per share from 2025 to 2028, indicating a robust profitability outlook.
- Nu Customer Base Expansion: By the end of 2025, Nu's customer count reached 131 million, a 15% year-over-year increase, with a market penetration of 62% in Brazil, showcasing its dominant presence in Latin America and plans to enter the U.S. market for further growth.
- Strong Revenue Growth: Nu's revenue surged by 45% in 2025, with net income increasing by 51%, indicating its ability to maintain strong growth momentum in the highly competitive financial services sector, which is likely to continue attracting investor interest.
See More
SoFi and Nu: Top Fintech Investment Opportunities
- SoFi Revenue Surge: SoFi's adjusted revenue skyrocketed by 140% from 2022 to 2025, with its customer base expanding from 5.2 million to 13.7 million, demonstrating the strong appeal of its all-digital offerings and solidifying its market position in fintech.
- Profitability Improvement: After reporting a net loss of $320 million in 2022, SoFi achieved an adjusted profit of $481 million in 2023, with management projecting a compound annual growth rate of 38% to 42% in adjusted earnings per share from 2025 to 2028, indicating a robust profit outlook.
- Nu Customer Growth: By 2025, Nu's customer base reached 131 million, a 15% year-over-year increase, with a 62% penetration rate in Brazil, showcasing its dominant presence in Latin America and plans to expand into the U.S. market for further growth.
- Revenue Growth Momentum: Nu's revenue surged by 45% in 2025, with net income increasing by 51%, highlighting significant growth potential in the mature U.S. banking sector, particularly with strategies targeting the 20% Hispanic population in the U.S. that could drive continued expansion.
See More
Nu Holdings Faces Expansion Challenges in Mexico
- User Growth Momentum: Nu Holdings added 13 million users in Q3 2025, indicating potential in the Mexican market; however, merely increasing users is insufficient for achieving sustainable profitability.
- Profitability Challenge: While Mexico's average revenue per active customer reached $12.50, surpassing the early stage of the Brazilian business in 2019, translating user growth into profitability remains a significant challenge.
- Market Complexity: The regulatory environment in Mexico differs from Brazil, with fierce competition from traditional banks and local fintechs, and consumer behavior may not mirror Brazilian patterns, necessitating disciplined risk management during expansion.
- Investor Watch Signals: Investors should closely monitor loan growth, delinquency trends, and revenue mix development in Mexico to assess Nu Holdings' long-term profitability and sustainability in this market.
See More
Nu Holdings Reports Strong Earnings, Future Growth Expected
- Strong Financial Performance: Nu Holdings reported a 45% year-over-year revenue increase in Q4 2025, reaching $4.9 billion, reflecting robust market demand and customer growth, further solidifying its leadership in the Latin American fintech sector.
- Customer Base Expansion: The company added 4 million new customers in the quarter, bringing the total to 131 million, indicating a continued increase in market penetration, particularly in Brazil, where 62% of the adult population are now customers.
- U.S. Market Entry: Nu Holdings recently obtained a bank charter and plans to enter the U.S. market within 18 months; despite facing stiff competition, the CEO stated that a targeted strategy will be employed to ensure success.
- Attractive Valuation: Despite strong fundamentals, Nu trades at a forward price-to-earnings ratio of 18.7, lower than the S&P 500, indicating investment value, with analysts expecting revenue to grow at a compound annual rate of 32% from 2025 to 2028.
See More
