What is the new price target for NU stock?

The new price target is $13, down from $18.

Why was Nu Holdings downgraded?

Susquehanna cited a more cautious outlook on growth prospects due to competitive and economic challenges.

Does this recommendation affect the stock's performance?

The recommendation may impact investor sentiment in the short term, but actual performance depends on company results.

Susquehanna Downgrades Nu Holdings to Neutral, Slashes Price Target

Susquehanna downgraded Nu Holdings (NU) from Positive to Neutral on June 3, lowering the price target from $18 to $13. The firm cited a more cautious outlook on growth prospects.

June 9, 2026

2 min read

Source: Insider Monkey

Key Numbers

previous price target

$18

new price target

$13

downgrade date

June 3, 2026

Susquehanna Research downgraded Nu Holdings Ltd. (NYSE:NU) from "Positive" to "Neutral" on June 3, 2026, and lowered the price target from $18 to $13.

Rating Change

Previous Rating: Positive
New Rating: Neutral
Previous Price Target: $18
New Price Target: $13

Analyst Rationale

Susquehanna stated in a research note that the downgrade reflects a more cautious assessment of the company's growth prospects amid competitive and economic challenges. The note did not specify details but hinted at profitability pressures and slower growth expectations.

Context

The downgrade follows a volatile performance for NU stock over the past year. While Nu Holdings remains a key player in Latin American fintech, increasing competition from traditional banks and startups could impact its market share. Other analysts have mixed views; some remain optimistic due to its large customer base.

What to Make of This

The downgrade reflects a more cautious stance from Susquehanna, but it does not necessarily mean the stock will decline. Investors should monitor upcoming quarterly reports to assess actual performance.

Frequently Asked Questions

Susquehanna downgraded the stock from Positive to Neutral.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.