Nu Holdings rated Buy despite stock drop from Brazilian real weakness post-election.

Nu Holdings is rated Buy after its stock sharply corrected due to the Brazilian real's depreciation following recent elections. Despite this currency-driven drop, the company shows strong fundamentals with a 13% growth in customers, 55.76% revenue increase, and 66.58% net income rise since August 2025. The currency decline is viewed as an overreaction to political uncertainty rather than worsening economic conditions. However, long-term risks remain if Brazil's new government pursues undisciplined fiscal policies that could structurally weaken the real and impact Nu's dollar-reported profits.

Following the recent Brazilian elections discussed in the news, Nu Holdings Ltd (NYSE: NU) is trading at USD 11.62 on Pluang as of Oct 31, 2026 21:21 WIB. The stock has seen a 3.61% decline in the last day, with a market capitalization of $56.08 billion. Investor activity on Pluang shows a majority leaning towards selling, with 68% of orders being sell orders and 32% buy orders, reflecting cautious sentiment.