David Vélez, Nubank’s CEO and co-founder, just sold 33 million Class A shares (around 0.7% of the company’s total shares) through Rua California Ltd. He said it was for personal asset planning—about 3.5% of his stake.
Tag: nu
What Do Analysts Think the One Year Price Target is for Nu Holdings (NU)
Analysts have a wide range of price targets for Nu Holdings in the next 12 months. The median price target is $7.85, with a high of $11.00 and a low of $4.00.
Here is a breakdown of the price targets from a few different analysts:
- Morgan Stanley: $10.00
- Barclays: $8.00
- Credit Suisse: $7.50
- Jefferies: $7.00
- Evercore ISI: $6.50
These price targets reflect the analysts’ view of Nu Holdings’ growth prospects and valuation. The median price target of $7.85 suggests that analysts believe Nu Holdings is fairly valued at its current price. However, the high price target of $11.00 suggests that some analysts believe the company has the potential to grow significantly in the future.