Uruguayan fintech dLocal on Thursday announced a fourth-quarter net profit of $29.7 million, up 4% from a year earlier but landing below the $44.7 million estimate of analysts polled by LSEG, with the boost partly driven by stronger volumes in Egypt.
DLocal (DLO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
DLocal (DLO) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, DLO broke through the 20-day moving average, which suggests a short-term bullish trend.
E-commerce specialist dLocal (DLO -3.88%) has a clear mission, and that is to "enable global merchants to connect seamlessly with billions of emerging market users." The Uruguay-based company connects merchants to more than 2 billion people in 40 countries (and counting) through more than 900 different local payment methods.
Investors looking for stocks in the Financial Transaction Services sector might want to consider either Fiserv (FI) or DLocal (DLO). But which of these two stocks is more attractive to value investors?
DLocal, a Latin American payments firm focused on emerging markets, has acquired an authorized payment institution license from the Financial Conduct Authority. The license, which adds to dLocal's growing portfolio of authorizations globally, will allow the firm to start onboarding merchants in the U.K. for the first time.
DLocal is recovering from the previous setback with the take rate stabilizing during 2024, looking to return revenue back closer to rapid TPV growth. Reportedly, DLocal is exploring a potential sale of the company as the market sentiment is lagging. While risks remain elevated, I estimate DLocal to be attractive due to its low valuation. I estimate 47% upside to a fair value of $16.9.
DLocal , a Latin American payments provider with a market value of about $3.4 billion, is exploring options including a potential sale, people familiar with the matter told Reuters on Wednesday.
Nearly every investor has a goal of finding the next Nvidia or Palantir for 2025. They want to find the next stock primed for a breakout and capitalize on it throughout the year.
Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank, dLocal said in a Tuesday (Nov. 26) press release.
After reaching an important support level, DLocal (DLO) could be a good stock pick from a technical perspective. DLO surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
DLocal (DLO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.