Down 24% in 8 Weeks, Here's 1 Glorious Stock That Could Realistically Double in 3 Years

By Neil Patel – Mar 26, 2026 at 6:33AM ESTKey PointsAnytime a stock takes a short-term hit, investors should sharpen their focus on the company’s fundamentals.This thriving digital bank continues to report stellar financial gains as it rapidly adds new customers.An attractive starting valuation and strong earnings growth are the two factors to keep an eye on.Even the best-performing investments can take a breather at any moment without notice. There's a successful business, whose shares have soared 235% in the past three years (as of March 24), that provides a great example. This winning fintech stock hit a peak price of $18.76 on Jan. 28. In the approximately eight weeks since, shares have come down 24%. Investors should take notice. Continue reading to learn more about this glorious opportunity that could realistically double in the next three years. Image source: Getty Images. The fundamentals look great Stocks bounce around for any number of reasons. While investors' heads can spin trying to figure out why, they should always turn their focus to the company's fundamentals.

In Nu Holdings' (NU +0.88%) case, the financial performance is impressive.

The Latin American digital banking leader posted revenue of $16.3 billion in 2025, up 45% year over year. Its net income jumped 51%. And the business went from 114 million customers at the start of 2025 to 131 million as of Dec. 31. Nu identified an opportunity to provide basic financial services to a population that desperately needed these kinds of offerings. It has a strong presence in Brazil, where 62% of the adult population are Nu customers. The company also has a presence in Mexico and Colombia. And Nu recently announced plans to enter the U.S. ExpandNYSE: NUNu HoldingsToday's Change(0.88%) $0.13Current Price$14.31Key Data PointsMarket Cap$70BDay's Range$14.21 - $14.6852wk Range$9.01 - $18.98Volume727Avg Vol54M Swinging for a double Realistically, this stock could double over the next three years. The key catalyst may be earnings growth. According to consensus analyst estimates, Nu's diluted earnings per share are projected to rise at a compound annual growth rate of 36% per year between 2025 and 2028. On an absolute basis, this translates to a 153% bottom-line gain, which is fantastic. This variable alone could take Nu's shares from around $19 today to $38. This may happen even if profits ultimately grow at a slower pace than analysts forecast. That provides a margin of safety. The other factor to consider is the valuation. Nu's stock currently trades at a forward price-to-earnings ratio of 17.8. This is cheaper than the S&P 500 index. This adds even more of a margin of safety. That's because if the valuation stays constant and doesn't expand, the stock could still double in three years. Of course, there's no such thing as a guaranteed outcome in the stock market. Investors should always be mindful of what can go wrong. In this instance, Nu, like any other banking entity, faces risks related to macro headwinds that can pressure lending activity and raise loss rates. However, the current setup provides a compelling risk/reward profile for interested investors.Read NextMar 23, 2026 •By Neil Rozenbaum3 Growth Stocks Won't Be This Cheap For LongMar 12, 2026 •By Neil PatelBetter Growth Stock: SoFi Technologies vs. Nu HoldingsMar 10, 2026 •By Lawrence NgaMexico Could Decide Nu Holdings' Long-Term FutureMar 10, 2026 •By Neil Patel1 Monster Stock to Hold for the Next 5 YearsMar 9, 2026 •By Brett SchaferWhy Nu Holdings Stock Sank 15.6% In FebruaryMar 4, 2026 •By Lawrence NgaNu Holdings' Next Growth Phase Depends on One Thing: Monetization QualityAbout the AuthorNeil Patel is a contributing Motley Fool stock market analyst covering consumer staples, consumer discretionary, financials, information technology, and communication services. Prior to The Motley Fool, Neil worked in corporate finance roles at JPMorgan Chase and Capital One. He also has experience working on a start-up in the cryptocurrency space. He holds a bachelor’s degree in business administration with a specialization in finance from Ohio State University.TMFNeilPatelStocks MentionedNu HoldingsNYSE: NU$14.32(+0.92%)+$0.13*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.