Should You Follow Cathie Wood in Buying the Nu Holdings Stock Dip?
Should You Follow Cathie Wood in Buying the Nu Holdings Stock Dip? Nu Holdings Drops 19%—Is This a Buying Opportunity? source : unsplash.com Key Takeaways: Nu Holdings (NYSE: NU) stock plummeted 19% after a weaker-than-expected Q4 earnings report. Revenue grew 50% on a currency-neutral basis , but only 24% in U.S. dollars , missing analyst expectations. Cathie Wood’s Ark Invest bought Nu Holdings for the first time in 11 months, despite selling shares over the past year. Nu Holdings trades at a forward P/E ratio of just 13.5 , significantly lower than other fintech competitors. Why Did Nu Holdings Stock Drop? On February 21, 2025 , Nu Holdings reported Q4 2024 earnings , and the market reacted negatively. While revenue increased, certain key financial metrics declined sequentially , raising concerns: ✅ Revenue Growth : +50% growth in local currency, but only +24% in USD due to exchange rate effects. Analysts expected +32% revenue growth , leading to a missed target . ✅ Earnin...