Nu Holdings Ltd

NU is in a Stage 2 advancing environment with a repaired higher‐highs/higher‐lows structure since June. Price is pulling back into rising 9‐ and 21‐day EMAs, holding above support, and showing no exhaustion signals. Medium‐term and secular uptrends remain intact, and Growth at Reasonable Price discipline supports initiating exposure on this pullback.

• ↑Customer base grew to 131 M with 17 M net additions in 2025
• ↑Q4’25 revenue rose 45% YoY to $4.9 B; net income jumped 50% to $895 M
• ↓Weak balance sheet factor underscores stability concerns under stress