DLocal (DLO) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DLocal in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DLO, but not buy additional shares or sell existing shares.
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9 Wall Street analysts have issued 12-month price targets for DLocal's stock. Their DLO share price forecasts range from $14.00 to $25.00. On average, they predict the company's stock price to reach $19.95 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
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DLocal's stock was trading at $15.57 on January 1st, 2023. Since then, DLO shares have increased by 21.9% and is now trading at $18.98.
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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) issued its earnings results on Wednesday, August, 16th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The business had revenue of $161.14 million for the quarter, compared to analyst estimates of $149.36 million. DLocal had a trailing twelve-month return on equity of 35.63% and a net margin of 24.98%. DLocal's quarterly revenue was up 59.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 earnings per share.

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 updated its FY 2023 earnings guidance on Tuesday, August, 15th. The company provided earnings per share 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 on Thursday, June 3rd 2021. The company issued 29,400,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Goldman Sachs, Citigroup, Morgan Stanley, BofA Securities, HSBC and UBS Investment Bank served 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 retail and institutional 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.
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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 $528.72 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.