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Nu Holdings Ltd. (NYSE:NU) Nears Mexico Bank Rollout, Puts Stock Price Under Scrutiny

Nu Holdings Ltd. (NYSE:NU) Nears Mexico Bank Rollout, Puts Stock Price Under Scrutiny

NEW YORK, August 2, 2026, 18:13 EDT

  • Nu rose 1.7% over the past week, ending Friday at $14.33.
  • The company’s trailing P/E of 22.1 was approximately 2.5 times higher than the median of its peers.
  • Both Mexico’s bank debut and the central bank’s policy announcement are scheduled for August 6.

Nu shares climbed last week, though expectations for earnings eased. The average preliminary Q2 EPS estimate slipped to $0.20, down from $0.21 a month earlier. Despite this, the stock rose 1.7% from July 24 through Friday.

Stock chart for NYSE:NU

This divide highlights the dilemma for investors. Nu is valued at 22.1 times its trailing earnings, while the median for peers stands at about nine. U.S. cash markets did not open on Sunday…

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