dLocal (DLO)

• Market cap: $4.3B
• 1 day: 3.24%
• 5 days: 6.86%
• 1 month: -4%
• 3 months: 42.27%
• 6 months: 55.41%
• Year to date: 25.34%
• 1 year: 72.24%
• 5 years: -54.8%
• 10 years: -54.8%
• Sector: Technology
• Industry: Software - Infrastructure

About: DLocal Ltd is focused on making the complex simple, redefining the online payment experience in emerging markets. Through its technology platform, One dLocal, the company enables world-wide enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions. The company's geographical segments include Latin America and Non-Latin America with a majority of its revenue being generated from Brazil in Latin America region.

Employees: 1,095

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

192% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 13

79% more call options, than puts

Call options by funds: $63.9M | Put options by funds: $35.6M

49% more capital invested

Capital invested by funds: $778M [Q1] → $1.16B (+$378M) [Q2]

26% more funds holding

Funds holding: 95 [Q1] → 120 (+25) [Q2]

20% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 30

5.42% more ownership

Funds ownership: 61.89% [Q1] → 67.31% (+5.42%) [Q2]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10
• Avg. target: $14
• High target: $17

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Citigroup Arnon Shirazi	$17	Buy Maintained	16 Sep 2025
Truist Securities Matthew Coad	$14	Hold Maintained	22 Aug 2025
HSBC Neha Agarwala	$15	Buy Upgraded	14 Aug 2025
UBS Mariana Taddeo	$10	Neutral Maintained	30 Jul 2025