{"id":143980,"date":"2026-06-04T06:16:07","date_gmt":"2026-06-04T09:16:07","guid":{"rendered":"https:\/\/ubirataonline.com.br\/is-it-too-soon-to-call-a-bottom-on-nu-holdings-stock\/"},"modified":"2026-06-04T06:16:11","modified_gmt":"2026-06-04T09:16:11","slug":"is-it-too-soon-to-call-a-bottom-on-nu-holdings-stock","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/is-it-too-soon-to-call-a-bottom-on-nu-holdings-stock\/","title":{"rendered":"Is It Too Soon to Call a Bottom on Nu Holdings Stock?"},"content":{"rendered":"

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This week is not going well for me and my fellow Nu Holdings<\/strong> (NYSE: NU)<\/span> investors. Shares of NuBank’s parent company hit a fresh 52-week intraday low on Tuesday. The stock has fallen 9% over the first two days of the trading week, a contrast to the back-to-back days of slight market upticks.<\/p>\n

Nu and several Latin American fintech stocks have fallen out of favor lately. Nu Holdings shares have plummeted nearly 30% so far in 2026. You can blame economic instability and intensifying competition as factors for the cooling, but this<\/em> week the catalyst for the markdown is pretty clear. Nu has a new CFO, and that was enough to have two major analysts downgrade the Brazilian fintech leader.<\/p>\n

Missed Nvidia in 2009? This Rare Signal Is Flashing Again.<\/strong>\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.<\/span>\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/strong><\/span><\/a><\/em><\/p>\n

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Image source: Getty Images. <\/figcaption><\/figure>\n

Out with the old, in with the Nu <\/h2>\n

Bank of America<\/strong>\u00a0analysts led by Mario Pierry downgraded Nu Holdings stock<\/a> on Tuesday, from neutral to underperform. The firm wasn’t bullish before, but now Pierry is solidly bearish on the stock’s near-term prospects. Adding insult to injury, he’s slashing the price target from $16 to $10, lower than where the stock began trading on Wednesday, even after the Tuesday sell-off.<\/p>\n

The knock on Nu centers primarily on the surprise switch of its CFO. Guilherme Lago — who had been CFO since 2021 — is leaving the company. He was instrumental in taking Nu public later that year and ushered in the financial discipline that helped Nu deliver rapid and high-margin growth.<\/p>\n

His replacement isn’t chopped liver. Rob Livingston was Visa<\/strong>‘s CFO for North America, its largest business. His three decades of experience spanned primarily across North America, Europe, and Asia. It’s not Latin America, but with Nu’s recent application for U.S. banking charter — and after securing naming rights for Miami’s Lionel Messi-led Major League Soccer stadium — North American expansion is inevitably part of its future.<\/p>\n

A world of opportunity <\/h2>\n

Pierry’s concerns go beyond just the change for a key executive role. BofA is concerned about rising credit concerns in Brazil, heightened competitive pressures, and how rising loss provisions will squeeze Nu’s net margin. These are all legitimate knocks, but BofA had already lowered its price target from $17 to $16 just two weeks ago due to concerns about contracting profitability.<\/p>\n<\/p><\/div>\n