We have recently released an article titled Monstrous Gains: 10 Stocks Leaving Wall Street in the Dust. Among the notable performers this Tuesday is DLocal Ltd. (NASDAQ:DLO).
DLocal experienced a significant surge for the second consecutive day on Tuesday, soaring by 10.42 percent to finish at $15.68 as investors were encouraged by Goldman Sachs’ optimistic outlook and an upgrade in its price target.
In a recent market report, Goldman Sachs upgraded DLocal Ltd. (NASDAQ:DLO) from a “neutral” to a “buy” rating and increased its price target from $12 to $17, indicating an upside potential of 8.4 percent based on the most recent closing price.
Goldman Sachs expressed confidence in DLocal Ltd. (NASDAQ:DLO), forecasting that the company would achieve over 20 percent growth in its EBITDA in the mid-term, primarily driven by successful geographical diversification and an increase in market share through collaborations with more merchants, including stablecoin operators.
For the entire year, DLocal aims to increase its revenues and adjusted EBITDA by 30-40 percent and 40-50 percent year-on-year, respectively.
DLocal Ltd. (NASDAQ:DLO), a leading global payments platform operating in over 40 emerging markets, is set to release its third-quarter earnings results after the market closes on November 12, 2025.
While we recognize the investment potential of DLO, we believe that certain AI stocks present greater opportunities for higher returns with limited downside. For an extremely undervalued AI stock that benefits significantly from Trump tariffs and onshoring, check out our complimentary report on the best short-term AI stock.
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Disclosure: None. This article was originally published at Insider Monkey.
