--- title: "Weekly Recap | NU Holdings -1.18%, rebounds after Monzo denial" type: "News" locale: "en" url: "https://longbridge.com/en/news/300850377.md" description: "NU Holdings (NU) fell 1.18% this week to $13.43, while the S&P 500 lost 0.27%, leaving the stock about 0.91 percentage points behind the benchmark. Monday’s session opened with reports of talks to buy Monzo, and the stock slid more than 10% intraday, touching a weekly low of $12.131. After the company denied the story, prices rebounded from Thursday onward, reaching a weekly high of $13.50 on Friday. The week traded in a 10.93% range, selling off early before recovering into the close." datetime: "2026-10-03T07:22:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300850377.md) - [en](https://longbridge.com/en/news/300850377.md) - [zh-HK](https://longbridge.com/zh-HK/news/300850377.md) generator: "portal-rs" --- # Weekly Recap | NU Holdings -1.18%, rebounds after Monzo denial ## The Week NU Holdings (NU) fell 1.18% this week to $13.43, while the S&P 500 lost 0.27%, leaving the stock about 0.91 percentage points behind the benchmark. Monday’s session opened with reports of talks to buy Monzo, and the stock slid more than 10% intraday, touching a weekly low of $12.131. After the company denied the story, prices rebounded from Thursday onward, reaching a weekly high of $13.50 on Friday. The week traded in a 10.93% range, selling off early before recovering into the close. ## Key Events The week’s main thread was the Monzo acquisition story. Before Monday’s open, reports said NU was in talks to buy Monzo for £8bn to £10bn, and the stock fell nearly 9% during the session, extending to a double-digit drop early Tuesday. On Wednesday the company issued a statement denying the media reports, which helped NU bounce back alongside discussion of its record quarterly profit. The recovery carried into Thursday’s after-hours and overnight sessions, with some call options up 300% on the day. Friday’s session held most of the rebound, bringing the stock back near pre-rumour levels. ## Analyst Ratings NU Holdings is covered by 22 institutions: 13 rate it buy, 5 overweight, 3 hold, and 1 underweight, with no sell ratings. The consensus rating is buy, and the consensus target of $18.64 sits about 38.77% above the current price of $13.43. Targets run from $12.00 to $23.00, with the low end near spot and the high end near $23, reflecting a wide spread of views. Within the diversified banks industry, NU ranks 6th out of 60 companies. ## The Week Ahead The coming week starts with a heavy macro calendar: S&P Global services PMI final and ISM non-manufacturing PMI on Monday, US trade balance and goods trade balance on Tuesday, and EIA weekly crude and Cushing inventories on Wednesday. NU’s own fiscal Q3 2026 earnings are scheduled for 12 November, so next week remains outside the quiet period. The market will keep an eye on how the acquisition story settles and whether the latest flow pattern continues. ## In Short This week’s price action was driven by the Monzo rumour: an early sell-off followed by a rebound that narrowed the weekly loss to 1.18%. The analyst picture is positive, with a buy consensus and a target about 38.77% above spot, though the wide target range shows meaningful disagreement on valuation. The latest session’s flow data shows large and medium lots as net buyers and small lots as net sellers, broadly matching the structure of the rebound. What matters next is whether the denial of deal talks keeps supporting the stock, and how valuation views converge before the November earnings report. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [NU.US](https://longbridge.com/en/quote/NU.US.md) ## Related News & Research - [Nu Stock Slips as $13 Billion Monzo Buyout Talks Emerge](https://longbridge.com/en/news/300310400.md) - [Why Nu Stock Is Down Today, and Why Needham Sees a Compelling Opportunity](https://longbridge.com/en/news/300323631.md) - [Why is NU stock slipping in premarket trading today?](https://longbridge.com/en/news/300273016.md) - [BE: Revenue rose 138% YoY as margins expanded and FY2026 guidance was raised again](https://longbridge.com/en/news/302787538.md) - [GRAPHIC-Take Five: AI trade meets the Fed](https://longbridge.com/en/news/302836715.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**