Goldman Keeps Faith in Nu Holdings Amid US Expansion Plans

Nu Holdings stock saw a modest gain of 1.05 percent on October 2, 2026, as Goldman Sachs reaffirmed its Buy rating and set a price target of $23.

The news came after Nu's second-quarter results showed the company's gross revenue reaching $5.88 billion, with net income up 49 percent year over year to $1.1 billion.

Goldman highlighted Nu's planned entry into U.S. consumer credit as a key driver of its investment thesis.

Nu Holdings' market capitalization stands at $65.0 billion, with the stock trading below its 52-week high of $18.98 and above its low of $11.20.