Nu Holdings Ltd. (NYSE:NU) shares are up during Thursday’s session. The company disclosed a share repurchase program of up to $1.0 billion.

The Board of Directors of Nu Holdings has approved a share repurchase program that will be conducted over a 12-month period starting June 4, 2026.

This move comes as part of a strategic capital allocation policy, indicating that Nu’s operations are generating significant capital, which the Board believes is best utilized through share buybacks.

The company's confidence may be driven by the strong top-line growth reported last month.

In May, Nu Holdings reported first-quarter revenue of $5.32 billion, up 42% year-over-year, beating a consensus of $5.04 billion, according to data from Benzinga Pro. This marked the first time Nu Holdings had quarterly revenue of $5 billion or more.

New CFO Named

Nu Holdings on Monday announced the appointment of Rob Livingston as chief financial officer, effective July 13. Livingston joins from Visa Inc. (NYSE:V), where he served as CFO for North America, and succeeds Guilherme Lago, who will transition to a special advisor role.

The company said the leadership change will not alter its operating model, risk framework, or long-term strategy. Livingston will oversee global finance operations, including capital and liquidity management, investor relations, tax, reporting, and corporate development.

NU Technical Outlook: Oversold Signals And Key Moving Averages

Currently, Nu Holdings is trading 8.3% below its 20-day simple moving average (SMA) of $12.96. The stock’s relative strength index (RSI) is at 29.02, indicating that it is in oversold territory, suggesting potential for a rebound if buying interest increases. Additionally, the 50-day SMA is 14.5% above the current price, further highlighting the downward pressure on the stock.

NU Earnings Preview And Analyst Price Targets

Nu Holdings Ltd. is slated to provide its next financial update on August 13, 2026 (estimated).

  • EPS Estimate: 21 cents (Up from 13 cents)
  • Revenue Estimate: $5.39 billion (Up from $3.67 billion)
  • Valuation: P/E of 18.0x (Indicates fair valuation)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $14.47. Recent analyst moves include:

  • Susquehanna: Downgraded to Neutral (Lowers Target to $13.00) (June 3)
  • B of A Securities: Downgraded to Underperform (Lowers Target to $10.00) (June 2)
  • UBS: Buy (Lowers Target to $16.90) (May 20)

How Nu Holdings Ranks On Growth And Momentum

Below is the Benzinga Edge scorecard for Nu Holdings, highlighting its strengths and weaknesses compared to the broader market:

  • Growth: 96.94 — The stock shows strong growth potential relative to peers.
  • Momentum: 9.83 — Stock is underperforming the broader market.

The Verdict: Nu Holdings’s Benzinga Edge signal reveals a growth-heavy profile but weak momentum indicators. This combination suggests that while the company has strong growth potential, it may face challenges in maintaining upward price momentum in the near term.

NU ETF Exposure: Funds With The Biggest Positions

  • iShares Latin America 40 ETF (NYSE:ILF): 8.33% Weight
  • Amplify Transformational Data Sharing ETF (NYSE:BLOK): 2.81% Weight
  • Amplify Blockchain Technology ETF (NYSE:BLOK): 3.60% Weight

Significance: Because NU carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

NU Stock Price Action In Premarket Trading

NU Price Action: Nu Holdings shares were up 4.12% at $12.12 at the time of publication on Thursday, according to Benzinga Pro data.

Photo: Diego Thomazini / Shutterstock