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

Several major stocks are experiencing declines in Wednesday's pre-market session. DLocal Limited (NASDAQ:DLO) saw a significant drop after reporting weaker-than-expected earnings. Other notable declines include SunPower Corporation (NASDAQ:SPWR), Allogene Therapeutics, Inc. (NASDAQ:ALLO), Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), MMTec, Inc. (NASDAQ:MTC), Rackspace Technology, Inc. (NASDAQ:RXT), Virgin Galactic Holdings, Inc. (NYSE:SPCE), and AC Immune SA (NASDAQ:ACIU).

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 10:12 am

dLocal shares are trading lower following the announcement of weaker-than-expected Q1 earnings and the company's statement indicating a greater likelihood of achieving the lower end of its guidance range.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:09 pm

dLocal has indicated that it is on track to meet its 2024 objectives, albeit with a greater likelihood of achieving results towards the lower end of its previously issued ranges.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:08 pm

DLocal reported Q1 2024 earnings of $0.06 per share, missing the consensus estimate of $0.12. Sales were $184M, below the expected $189.98M but marked a 34.03% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:08 pm

Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on DLocal (NASDAQ:DLO) and keeps the price target at $17.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 3:42 pm

Recent analysis of DLocal (NASDAQ:DLO) by 7 analysts over the past three months shows a mix of bullish to bearish sentiments, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target for DLO has been adjusted to $19.29, marking a 6.27% decrease from the previous target of $20.58. Analysts from firms including HSBC, JP Morgan, Barclays, Susquehanna, Goldman Sachs, and New Street Research have revised their price targets and ratings, reflecting a response to market conditions and DLocal's performance. DLocal, focusing on online payment solutions in emerging markets, has shown significant revenue growth and strong financial metrics such as net margin, ROE, and ROA, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:00 pm

HSBC analyst Neha Agarwala has maintained a Hold rating on DLocal (NASDAQ:DLO) but has lowered the price target from $19 to $17.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 3:05 pm

JP Morgan analyst Domingos Falavina maintains a Neutral rating on DLocal (NASDAQ:DLO) and lowers the price target from $17.5 to $17.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:11 pm

Barclays analyst John Coffey maintains an Equal-Weight rating on DLocal (NASDAQ:DLO) and lowers the price target from $18 to $17.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 12:26 pm

dLocal, a technology-driven payments company, has announced a strategic partnership with Ebury to enhance payment solutions and unlock opportunities in Africa's largest markets. This collaboration aims to leverage dLocal's payment technology and Ebury's financial services expertise to facilitate smoother transactions and expand their market presence in Africa.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:07 am

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