• Santander upgraded Nu Holdings (NYSE:NU) from Neutral to Outperform, indicating a positive outlook on the company's future performance.
• The average brokerage recommendation (ABR) for NU is 1.82, suggesting a consensus view of a Strong Buy to Buy rating among analysts.
• Despite the upgrade, NU's stock experienced a slight decrease of $0.17 or approximately -0.97% on the day of the announcement.

Nu Holdings (NYSE:NU) is a prominent digital banking platform in Latin America, offering a range of financial services. On December 3, 2025, Santander upgraded NU's stock rating from Neutral to Outperform, with the stock priced at $17.44 at the time. This upgrade, reported by TheFly, reflects Santander's positive outlook on the company's future performance.

Wall Street analysts share a similar optimism towards NU, as evidenced by its average brokerage recommendation (ABR) of 1.82. This rating, on a scale from 1 to 5, indicates a position between Strong Buy and Buy. Out of 14 brokerage firms, nine have rated NU as a Strong Buy, representing 64.3% of all recommendations. Such positive sentiment can significantly influence investor decisions.

Despite the positive outlook, NU's stock experienced a slight decrease of $0.17, or approximately -0.97%, on the day of the upgrade. The stock's price fluctuated between $17.29 and $17.72, with a current price of $17.44. Over the past year, NU's stock has seen a high of $17.84 and a low of $9.01, indicating some volatility.

Nu Holdings boasts a market capitalization of approximately $84.1 billion, reflecting its substantial presence in the financial sector. The trading volume for NU reached 31.8 million shares, suggesting active investor interest. As the company continues to grow, its performance will be closely watched by both analysts and investors.