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

Analysts have provided various ratings for DLocal (NASDAQ:DLO) within the last quarter, with 2 bullish, 2 somewhat bullish, and 3 indifferent. The average price target is $20.79, implying an upside from the current price of $19.66. The average price target has increased by 14.23% over the past month.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 7:00 pm

Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on DLocal (NASDAQ:DLO) and raises the price target from $16 to $23.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:23 pm

Benzinga's Stock Whisper Index highlights five stocks that are underfollowed and warrant attention. This week's index includes Nu Holdings, Advanced Health Intelligence, DLocal Limited, Kenvue Inc, and Hawaiian Electric Industries. Nu Holdings reported a 60% YoY increase in Q2 revenue, reaching a company record of $1.9 billion. Advanced Health Intelligence is eligible for a partial reimbursement from the Australian government for R&D costs. DLocal Limited reported Q2 revenue of $161.1 million, up 59% YoY. Kenvue Inc, spun out from Johnson & Johnson, has received mostly positive ratings since the spinoff. Hawaiian Electric Industries has faced criticism and potential lawsuits over wildfires in Maui.

Portfolio Pulse from Chris Katje

August 18, 2023 | 12:45 pm

Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal (NASDAQ:DLO) and raises the price target from $21 to $24.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 12:36 pm

DLocal Limited (NASDAQ:DLO) reported better-than-expected Q2 financial results and reaffirmed its full-year 2023 revenue guidance. Despite this, DLO shares traded lower on Thursday. Goldman Sachs analyst Tito Labarta maintained a Buy rating on DLO and raised the price target from $21 to $24.

Portfolio Pulse from Ryan Gustafson

August 17, 2023 | 7:45 pm

Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal (NASDAQ:DLO) and raises the price target from $21 to $24.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:15 pm

U.S. stocks traded mixed with the Nasdaq Composite and S&P 500 falling, while the Dow traded up. U.S. crude oil inventories declined by 5.96 million barrels, more than market expectations. Novo Integrated Sciences, DLocal Limited, and Tivic Health Systems saw their shares rise significantly. RVL Pharmaceuticals, Sacks Parente Golf, and Coherent Corp. saw their shares drop significantly.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 6:41 pm

Susquehanna analyst James E. Friedman reiterated a positive rating on DLocal Limited (NASDAQ:DLO), raising the price target to $24 from $18. The company reported Q2 results with $4.4 billion in total payment volume, up 80% YoY and 22% QoQ. DLocal also appointed Pedro Arnt as co-CEO. The analyst raised the 2023 revenue estimate to $636.5 million and the FY23 EPS estimate to $0.57. However, the analyst sees a downside risk of $15 due to potential loss of a top merchant, insourcing payments processing, and regulatory risks.

Portfolio Pulse from Nabaparna Bhattacharya

August 16, 2023 | 5:48 pm

The article lists the stocks that have gained and lost in Wednesday's mid-day session. Notable gainers include Novo Integrated Sciences, Akumin, and Green Giant, which reported positive financial results or updates. On the other hand, Sacks Parente Golf, RVL Pharmaceuticals, and Coherent Corp. were among the biggest losers, with factors such as IPO pricing and disappointing financial results contributing to their decline. Tower Semiconductor's shares fell by 8.2% after the company and Intel mutually agreed to terminate their takeover pending regulatory approval.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 5:02 pm

The Nasdaq Composite fell by 90 points, with the Dow and S&P 500 also trading lower. Target Corporation reported better-than-expected Q2 earnings but lowered its profit forecast. Novo Integrated Sciences, DLocal Limited, and Tivic Health Systems saw their shares rise after positive updates. Meanwhile, RVL Pharmaceuticals, Sacks Parente Golf, and Coherent Corp. saw their shares drop.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 4:16 pm

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