Streetbeat News

DLO

DLocal Limited

https://www.dlocal.com

Industry

Software - Infrastructure

DLocal Limited operates a payments platform in the United States, Europe, China, and internationally. Its payments platform enables merchants to get paid and to make payments online. The company serves commerce, streaming, ride-hailing, financial services, advertising, software as a service, travel, e-learning, on-demand delivery, gaming, and crypto industries. DLocal Limited was founded in 2016 and is headquartered in Montevideo, Uruguay.

Open

10.30

Mkt cap

2.8B

Volume

2.3M

High

10.35

P/E Ratio

22.48

52-wk high

19.45

Low

9.61

Div yield

N/A

52-wk low

6.58

In the past three months, 9 analysts have provided ratings for DLocal (NASDAQ:DLO), ranging from bullish to bearish. The average 12-month price target has decreased from $16.78 to $12.83, with a high estimate of $21.00 and a low estimate of $8.00. Recent analyst actions include several downgrades and lowered price targets, reflecting changing market dynamics and company performance. Despite positive revenue growth, DLocal faces challenges with net margin and return on equity.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:00 pm

Barclays analyst John Coffey maintains an Equal-Weight rating on DLocal (NASDAQ:DLO) but lowers the price target from $14 to $8.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:33 pm

In the past three months, 11 analysts have provided ratings for DLocal (NASDAQ:DLO), with a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 16.8% to $14.41. Analysts have predominantly lowered their ratings and price targets, reflecting a cautious outlook on the stock.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 6:01 pm

Goldman Sachs analyst Tito Labarta has downgraded DLocal (NASDAQ:DLO) from Buy to Neutral and lowered the price target from $16 to $8.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 5:38 pm

KCB Bank and dLocal have entered into a strategic partnership to expand global payments, with approval from the Central Bank of Kenya.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:09 am

UBS analyst Mariana Taddeo has upgraded DLocal (NASDAQ:DLO) from Sell to Neutral and lowered the price target from $13 to $9.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 4:30 pm

13 analysts have provided mixed opinions on DLocal (NASDAQ:DLO) over the past quarter, with a range of ratings from bullish to bearish. The average 12-month price target has decreased by 12.08% to $16.81. Analysts have recently lowered their price targets, reflecting changing market dynamics and company performance. DLocal has shown strong revenue growth and profitability but faces challenges in return on equity.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:01 pm

Citigroup analyst Gabriel Gusan maintains a Neutral rating on DLocal (NASDAQ:DLO) but lowers the price target from $17 to $10.5.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:45 pm

JP Morgan analyst Guilherme Grespan maintains a Neutral rating on DLocal (NASDAQ:DLO) but lowers the price target from $17 to $14.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:48 am

Barclays analyst John Coffey maintains an Equal-Weight rating on DLocal (NASDAQ:DLO) but lowers the price target from $17 to $14.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 2:17 pm

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