Source: Motley FoolSource date:

Motley Fool contributor projects Nu Holdings’ 2027 net income at $5 billion

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Motley Fool

Motley Fool contributor predicts Nu Holdings will earn $5 billion in net income in 2027, citing the Brazilian digital bank’s growth. Nu reported $3.6 billion in net income over the past 12 months; last quarter, it rose 49% year over year to $1 billion.

The article says Nu had 139 million total customers and that Mexico has shifted from losses to profit over the past few quarters. Monthly revenue per active customer was $17.10, up 22% year over year, against $1 in monthly costs to serve each active customer. Nu has also announced a U.S. launch.

The contributor says Nu’s cited $68 billion market capitalization is 13.6 times his $5 billion 2027 earnings estimate. Brett Schafer disclosed a position in Nu Holdings, and The Motley Fool disclosed that it holds and recommends the stock.

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