DLocal Stock Rises on Analyst Price Target Boost Amid Strong Q2 Performance

DLocal's stock surged over 3% on Tuesday, outperforming a slightly bearish market, after Monness Crespi Hardt analyst Amon Shirazy raised his price target by 16% to $17 per share. The upgrade reflects confidence in the fintech's growth trajectory following a robust second-quarter report.

Total payment volume jumped 53% year-over-year to $9.2 billion in Q2, with revenue climbing nearly 50% to $256 million. Shirazy simultaneously increased his 2025 net income forecast by 15% and 2026 projection by 5%, citing DLocal's attractive valuation at under 19x forward P/E based on 2026 estimates.

Despite declining volumes in some segments, analysts see substantial runway for expansion in the payments specialist. The 'beat and raise' quarter, reported mid-August, continues to fuel Optimism about DLocal's positioning in the fintech sector.