Citigroup Maintains Neutral on DLocal, Lowers Price Target to $10.5
$DLO
Business Services
Consumer Discretionary
Citigroup analyst Gabriel Gusan maintains DLocal (NASDAQ:DLO) with a Neutral and lowers the price target from $17 to $10.5.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/26/2024 | $16.00 → $8.00 | Buy → Neutral | Goldman |
| 6/20/2024 | $13.00 → $9.00 | Sell → Neutral | UBS |
| 4/19/2024 | $17.00 | Neutral | Citigroup |
| 1/9/2024 | $18.00 → $24.00 | Neutral → Buy | New Street |
| 12/11/2023 | $15.00 → $18.00 | Underweight → Equal Weight | Barclays |
| 8/3/2023 | $16.00 | Buy → Neutral | BofA Securities |
| 7/25/2023 | $18.50 | Positive | Susquehanna |
| 5/11/2023 | $10.00 | Underweight | Barclays |
6-K - dLocal Ltd (0001846832) (Filer)
6-K - dLocal Ltd (0001846832) (Filer)
6-K - dLocal Ltd (0001846832) (Filer)
MONTEVIDEO, Uruguay, Oct. 15, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ:DLO, "dLocal" or the "Company"))), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its third fiscal quarter ended September 30, 2024 on November 13, 2024 after market close. The Company will host a conference call and video webcast on November 13, 2024 at 6:00 p.m. Eastern Time. Please click here to pre-register for the conference call and obtain your dial in number and passcode. The live conference call can be also accessed via audio webcast at the investor relations section of the Comp
MONTEVIDEO, Uruguay, Sept. 06, 2024 (GLOBE NEWSWIRE) -- dLocal, a leading cross-border payment platform specializing in high-growth markets, announces the appointment of Carlos Menendez as Chief Operating Officer (COO), effective immediately. Jacobo Singer, who currently serves as COO and Co-President, will continue to serve in both roles during a transition period until December 15, 2024, at which time he will step down from both roles. During this transition period, Carlos and Jacobo will work closely to ensure a smooth handover of responsibilities. Following the transition period, Jacobo will continue to serve as a member of our Board of Directors. "We are excited to welcome Carlos as
Second Quarter 2024US$6.0 billion Total Processed Volume, up 38% year-over-year and 14% quarter-over-quarterRevenue of US$171 million, up 6% year-over-year and down 7% quarter-over-quarter100% Net Revenue Retention RateGross Profit of US$70 million, down 1% year-over-year and up 11% quarter-over-quarterAdjusted EBITDA of US$43 million, down 18% year-over-year and up 16% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB. MONTEVIDEO, Uruguay, Aug. 14, 2024 (GLOBE NEWSWIRE) -- DLocal Limited ("dLocal", "we", "us", and "our") (NASDAQ:DLO), a technology - first payments platform today announced its financial results
Goldman downgraded dLocal Limited from Buy to Neutral and set a new price target of $8.00 from $16.00 previously
UBS upgraded dLocal Limited from Sell to Neutral and set a new price target of $9.00 from $13.00 previously
Citigroup resumed coverage of dLocal Limited with a rating of Neutral and set a new price target of $17.00
MONTEVIDEO, Uruguay, Sept. 06, 2024 (GLOBE NEWSWIRE) -- dLocal, a leading cross-border payment platform specializing in high-growth markets, announces the appointment of Carlos Menendez as Chief Operating Officer (COO), effective immediately. Jacobo Singer, who currently serves as COO and Co-President, will continue to serve in both roles during a transition period until December 15, 2024, at which time he will step down from both roles. During this transition period, Carlos and Jacobo will work closely to ensure a smooth handover of responsibilities. Following the transition period, Jacobo will continue to serve as a member of our Board of Directors. "We are excited to welcome Carlos as
MONTEVIDEO, Uruguay, March 18, 2024 (GLOBE NEWSWIRE) -- dLocal (NASDAQ:DLO), the leading cross-border payment platform specializing in high-growth markets, is pleased to announce the appointment of Dr. Verónica Raffo as an independent board member, effective March 18, 2024. Dr. Raffo will join the esteemed ranks of our Audit Committee, bringing with them a wealth of experience and expertise in corporate governance. Dr. Raffo brings a distinguished track record of accomplishments as a partner in Ferrere, one of the top legal firms in Uruguay and the region. At Ferrere, she participates actively in its management and strategic leadership. She has more than 25 years of experience advising a
MONTEVIDEO, Uruguay, March 18, 2024 (GLOBE NEWSWIRE) -- dLocal (NASDAQ:DLO), the leading cross-border payment platform specializing in high-growth markets, announced today that Mark Ortiz has been appointed Chief Financial Officer. Ortiz will report directly to dLocal's CEO, Pedro Arnt, overseeing dLocal's accounting, financial planning and analysis, financial reporting internal audit, SEC reporting, tax, credit, risk, and treasury functions. Mark's appointment complements the already exceptional leadership team at dLocal. Mark joins dLocal during a period of rapid growth as it continues to deliver on its mission to unlock the power of emerging markets. He brings over 30 years of extensiv
MONTEVIDEO, Uruguay, Oct. 15, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ:DLO, "dLocal" or the "Company"))), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its third fiscal quarter ended September 30, 2024 on November 13, 2024 after market close. The Company will host a conference call and video webcast on November 13, 2024 at 6:00 p.m. Eastern Time. Please click here to pre-register for the conference call and obtain your dial in number and passcode. The live conference call can be also accessed via audio webcast at the investor relations section of the Comp
Second Quarter 2024US$6.0 billion Total Processed Volume, up 38% year-over-year and 14% quarter-over-quarterRevenue of US$171 million, up 6% year-over-year and down 7% quarter-over-quarter100% Net Revenue Retention RateGross Profit of US$70 million, down 1% year-over-year and up 11% quarter-over-quarterAdjusted EBITDA of US$43 million, down 18% year-over-year and up 16% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB. MONTEVIDEO, Uruguay, Aug. 14, 2024 (GLOBE NEWSWIRE) -- DLocal Limited ("dLocal", "we", "us", and "our") (NASDAQ:DLO), a technology - first payments platform today announced its financial results
MONTEVIDEO, Uruguay, July 22, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ:DLO, "dLocal" or the "Company"))), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its second fiscal quarter ended June 30, 2024 on August 14, 2024 after market close. The Company will host a conference call and video webcast on August 14, 2024 at 5:00 p.m. Eastern Time. Please click here to pre-register for the conference call and obtain your dial in number and passcode. The live conference call can be also accessed via audio webcast at the investor relations section of the Company's we
SC 13G/A - dLocal Ltd (0001846832) (Subject)
SC 13G/A - dLocal Ltd (0001846832) (Subject)
SC 13G/A - dLocal Ltd (0001846832) (Subject)
In the preceding three months, 11 analysts have released ratings for DLocal (NASDAQ:DLO), presenting a wide array of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 9 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 3 0 0 2M Ago 1 1 2 0 0 3M Ago 0 0 3 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $14.41, a high estimate of $21.00, and a low estimate of $8.00. Highlighting a 16.8% d
Goldman Sachs analyst Tito Labarta downgrades DLocal (NASDAQ:DLO) from Buy to Neutral and lowers the price target from $16 to $8.
KCB Bank, one of East Africa's largest banks and dLocal, a global payments solutions provider focusing on emerging markets, have forged a Strategic Partnership that has been approved by the Central Bank of Kenya (CBK).