DLO Stock Analysis: Dlocal | NASDAQ

Software - Infrastructure | NASDAQ, USA | Market Cap: 4.379m USD | 12M Return: 29.9% | Charts, Fundamentals & Technical Analysis

Pay-In Solutions, Pay-Out Solutions, Platform Payments, Payment Processing
Total Rating 62
Safety 80
Buy Signal -0.08
Software - Infrastructure
Industry Rotation: -1.7
Market Cap: 4.38B
Avg Turnover: 32.4M
Risk 3d forecast
Volatility48.9%
VaR 5th Pctl7.59%
VaR vs Median-5.29%
Reward TTM
Sharpe Ratio0.66
Rel. Str. IBD58.7
Rel. Str. Peer Group81.6
Character TTM
Beta1.219
Beta Downside0.961
Hurst Exponent0.400
Drawdowns 3y
Max DD68.59%
CAGR/Max DD0.07
CAGR/Mean DD0.12
EPS (Earnings per Share) EPS (Earnings per Share) of DLO over the last years for every Quarter: "2021-06": 0.07, "2021-09": 0.07, "2021-12": 0.08, "2022-03": 0.08, "2022-06": 0.1, "2022-09": 0.1, "2022-12": 0.06, "2023-03": 0.12, "2023-06": 0.15, "2023-09": 0.16, "2023-12": 0.14, "2024-03": 0.06, "2024-06": 0.15, "2024-09": 0.15, "2024-12": 0.1, "2025-03": 0.17, "2025-06": 0.17, "2025-09": 0.21, "2025-12": 0.2235, "2026-03": 0.17,
EPS CAGR: 19.05%
EPS Trend: 83.4%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of DLO over the last years for every Quarter: 2021-06: 58.961, 2021-09: 68.646, 2021-12: 76.257, 2022-03: 87.453, 2022-06: 101.18, 2022-09: 111.864, 2022-12: 118.428, 2023-03: 137.287, 2023-06: 161.138, 2023-09: 163.921, 2023-12: 188.005, 2024-03: 184.43, 2024-06: 171.279, 2024-09: 185.774, 2024-12: 204.491, 2025-03: 216.759, 2025-06: 256.458, 2025-09: 282.483, 2025-12: 337.887, 2026-03: 335.862,
Rev. CAGR: 30.31%
Rev. Trend: 97.3%
Last SUE: 0.20
Qual. Beats: 0

Warnings

Volatile

Tailwinds

No distinct edge detected

Seasonality 5.1 years of data

Jan +0.1% 0
Feb -6.7% 24
Mar -3.3% 0
Apr +0.2% 0
May -11.0% 21
Jun +1.2% 10
Jul +7.6% 21
Aug +29.2% 34
Sep -7.4% 50
Oct +6.4% 0
Nov -5.1% 19
Dec +2.2% 39

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DLO Dlocal

DLocal Limited (NASDAQ: DLO) is a payment processor that operates within the Transaction & Payment Processing Services sub-industry of the Financials sector. Founded in 2016 and headquartered in Montevideo, Uruguay, the company listed on NASDAQ in June 2021 and is currently classified as a mid-cap stock.

The company delivers cross-border and local-to-local pay-in and pay-out solutions, supporting international and local cards, online bank transfers, direct debit, cash, and a broad set of alternative payment methods (APMs). It also offers dLocal for Platforms to help global platforms manage multi-market payment flows. The core value proposition of the business model is acting as a single integration point between merchants and hundreds of fragmented local payment rails across multiple countries, particularly in emerging markets where card penetration is lower and local methods dominate.

DLocal serves a wide range of verticals, including commerce, streaming, ride-hailing, financial services, remittances, advertising, SaaS, travel, e-learning, on-demand delivery, gaming, and crypto, giving it exposure to multiple high-growth digital consumption trends through one payments infrastructure layer.

Headlines to Watch Out For
  • Latin America cross-border volume drives top-line growth
  • Take rate pressure intensifies from global payment competition
  • Share buyback program supports earnings per share growth
Piotroski VR-10 (Strict) 7.0
Net Income: 192.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.14 > 0.02 and ΔFCF/TA -1.88 > 1.0
NWC/Revenue: 33.97% < 20% (prev 57.95%; Δ -23.98% < -1%)
CFO/TA 0.23 > 3% & CFO 418.5m > Net Income 192.1m
Net Debt (-553.1m) to EBITDA (262.6m): -2.11 < 3
Current Ratio: 1.33 > 1.5 & < 3
Outstanding Shares: last quarter (299.8m) vs 12m ago -3.55% < -2%
Gross Margin: 36.00% > 18% (prev 40.68%; Δ -4.68% > 0.5%)
Asset Turnover: 79.07% > 50% (prev 62.68%; Δ 16.39% > 0%)
Interest Coverage Ratio: 8.29 > 6 (EBIT TTM 233.9m / Interest Expense TTM 28.2m)
Altman Z'' 3.89
A: 0.23 (Total Current Assets 1.68b - Total Current Liabilities 1.27b) / Total Assets 1.83b
B: 0.28 (Retained Earnings 519.6m / Total Assets 1.83b)
C: 0.15 (EBIT TTM 233.9m / Avg Total Assets 1.53b)
D: 0.43 (Book Value of Equity 553.1m / Total Liabilities 1.27b)
Altman-Z'' = 3.89 = AA
Beneish M -2.49
DSRI: 1.00 (Receivables 740.4m/477.3m, Revenue 1.21b/778.3m)
GMI: 1.13 (GM 40.68% / 36.00%)
AQI: 1.06 (AQ_t 0.08 / AQ_t-1 0.07)
SGI: 1.56 (Revenue 1.21b / 778.3m)
TATA: -0.12 (NI 192.1m - CFO 418.5m) / TA 1.83b)
Beneish M = -2.49 (Cap -4..+1) = BBB
What is the price of DLO shares?

As of July 09, 2026, the stock is trading at USD 14.49 with a total of 3,584,724 shares traded. Over the past week, the price has changed by +11.50%, over one month by +26.11%, over three months by +15.11% and over the past year by +29.93%.

Current recommended Stop Loss: 12.60 (which is 13% or 2.9 ATR below the current price).

Is DLO a buy, sell or hold?

Dlocal has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold DLO.

  • StrongBuy: 2
  • Buy: 1
  • Hold: 7
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the DLO price?
Analysts Target Price 17.8 22.5%
Dlocal (DLO) - Fundamental Data Overview as of 09 July 2026
Market Cap USD = 4.38b (4.38b USD * 1.0 USD.USD)
P/E Trailing = 23.25
P/E Forward = 13.5318
P/S = 3.6108
P/B = 7.9163
Revenue TTM = 1.21b USD
EBIT TTM = 233.9m USD
EBITDA TTM = 262.6m USD
Long Term Debt = 2.31m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 1.00m USD (from shortTermDebt, last quarter)
Debt = 2.76m USD (from shortLongTermDebtTotal, last quarter) (leases 2.76m already included)
Net Debt = -553.1m USD (calculated: Debt 2.76m - CCE 555.9m)
Enterprise Value = 3.83b USD (4.38b + Debt 2.76m - CCE 555.9m)
Interest Coverage Ratio = 8.29 (Ebit TTM 233.9m / Interest Expense TTM 28.2m)
EV/FCF = 15.38x (Enterprise Value 3.83b / FCF TTM 248.8m)
FCF Yield = 6.50% (FCF TTM 248.8m / Enterprise Value 3.83b)
FCF Margin = 20.51% (FCF TTM 248.8m / Revenue TTM 1.21b)
Net Margin = 15.84% (Net Income TTM 192.1m / Revenue TTM 1.21b)
Gross Margin = 36.00% ((Revenue TTM 1.21b - Cost of Revenue TTM 776.1m) / Revenue TTM)
Gross Margin QoQ = 35.34% (prev 34.27%)
Tobins Q-Ratio = 2.10 (Enterprise Value 3.83b / Total Assets 1.83b)
 Interest Expense / Debt = 1.02k% (Interest Expense 28.2m / Debt 2.76m)
 Taxrate = 17.62% (41.1m / 233.3m)
NOPAT = 192.7m (EBIT 233.9m * (1 - 17.62%))
Current Ratio = 0.70 (Total Current Assets 1.68b / Total Current Liabilities 2.38b)
Debt / Equity = 0.00 (Debt 2.76m / totalStockholderEquity, last quarter 553.1m)
Debt / EBITDA = -2.11 (Net Debt -553.1m / EBITDA 262.6m)
Debt / FCF = -2.22 (Net Debt -553.1m / FCF TTM 248.8m)
Total Stockholder Equity = 518.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.53% (Net Income 192.1m / Total Assets 1.83b)
RoE = 37.04% (Net Income TTM 192.1m / Total Stockholder Equity 518.7m)
RoCE = 44.88% (EBIT 233.9m / Capital Employed (Equity 518.7m + L.T.Debt 2.31m))
RoIC = 38.46% (NOPAT 192.7m / Invested Capital 500.9m)
WACC = 10.26% (E(4.38b)/V(4.38b) * Re(10.27%) + (debt cost/tax rate unavailable))
Discount Rate = 10.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: 0.62%
[DCF] Terminal Value 72.04% ; FCFF base≈226.3m ; Y1≈259.4m ; Y5≈381.7m
[DCF] Fair Price = 27.22 (EV 4.29b - Net Debt -553.1m = Equity 4.85b / Shares 178.0m; r=10.26% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 83.37 | EPS CAGR: 19.05% | SUE: 0.0 | # QB: 0
Revenue Correlation: 97.33 | Revenue CAGR: 30.31% | SUE: 0.20 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.20 | Chg30d=-6.14% | Revisions=-25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.21 | Chg30d=-11.40% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=0.86 | Chg30d=-0.58% | Revisions=-25% | GrowthEPS=+6.1% | GrowthRev=+40.5%
EPS next Year (2027-12-31): EPS=1.13 | Chg30d=+2.18% | Revisions=-40% | GrowthEPS=+31.8% | GrowthRev=+29.2%
[Analyst] Revisions Ratio: -62% (up=0, down=5)