DLocal (DLO) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DLocal in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" DLO shares.
View DLO analyst ratings or view top-rated stocks.

10 equities research analysts have issued twelve-month target prices for DLocal's stock. Their DLO share price forecasts range from $14.00 to $25.00. On average, they predict the company's share price to reach $20.14 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
View analysts price targets for DLO or view top-rated stocks among Wall Street analysts.

DLocal's stock was trading at $15.57 at the beginning of 2023. Since then, DLO shares have increased by 21.9% and is now trading at $18.98.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our DLO earnings forecast.

DLocal Limited (NASDAQ:DLO) posted its earnings results on Wednesday, August, 16th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The business earned $161.14 million during the quarter, compared to the consensus estimate of $149.36 million. DLocal had a trailing twelve-month return on equity of 35.63% and a net margin of 24.98%. The business's revenue for the quarter was up 59.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS.

ETFs with the largest weight of DLocal (NASDAQ:DLO) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF), KraneShares Emerging Markets Consumer Technology ETF (KEMQ), Amplify Emerging Markets FinTech ETF (EMFQ), AOT Growth & Innovation ETF (AOTG), ETFMG Prime Mobile Payments ETF (IPAY), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Gen Z ETF (ZGEN) and Global X FinTech Thematic ETF (FINX).

DLocal issued an update on its FY 2023 earnings guidance on Tuesday, August, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $620.00 million-$640.00 million, compared to the consensus revenue estimate of $631.43 million.

(DLO) raised $500 million in an initial public offering (IPO) on Thursday, June 3rd 2021. The company issued 29,400,000 shares at $16.00-$18.00 per share. J.P. Morgan, Goldman Sachs, Citigroup, Morgan Stanley, BofA Securities, HSBC and UBS Investment Bank acted as the underwriters for the IPO.

DLocal trades on the NASDAQ under the ticker symbol "DLO."

DLocal's stock is owned by a number of institutional and retail investors. Top institutional investors include General Atlantic L.P. (21.58%), Eventide Asset Management LLC (1.92%), D1 Capital Partners L.P. (1.81%), Wasatch Advisors LP (0.86%), Pertento Partners LLP (0.54%) and Summit Trail Advisors LLC (0.32%).

Shares of DLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DLO stock can currently be purchased for approximately $18.98.

DLocal (NASDAQ:DLO) has a market capitalization of $5.62 billion and generates $418.92 million in revenue each year. The company earns $108.68 million in net income (profit) each year or $0.42 on an earnings per share basis.

The company employs 806 workers across the globe.

DLocal's mailing address is DR. LUIS BONAVITA 1294, MONTEVIDEO X3, 11300. The official website for the company is www.dlocal.com. The company can be reached via phone at 1-424-392-7437 or via email at investor@dlocal.com.