DLocal (DLO) Climbs 10.4% on Bullish Outlook from Goldman Sachs

We recently published Monstrous Gains: 10 Stocks Leaving Wall Street in the Dust. DLocal Ltd. (NASDAQ:DLO) is one of the best performers on Tuesday.

DLocal rallied for a second day on Tuesday, jumping 10.42 percent to close at $15.68 as investors took heart from Goldman Sachs’ bullish outlook for its growth alongside a price target upgrade.

In a market note, Goldman Sachs gave DLocal Ltd. (NASDAQ:DLO) a “buy” recommendation versus “neutral” previously, while raising its price target to $17 from $12, marking an 8.4 percent upside potential from its last closing price.

According to Goldman Sachs, it was confident that DLocal Ltd. (NASDAQ:DLO) would be able to deliver more than 20 percent growth in its EBITDA in the mid-term, to be primarily bolstered by its successful geographical diversification, gaining market share through attracting and teaming up with more merchants, including stablecoin operators.

For the full year period, the company is targeting to grow its revenues and adjusted EBITDA by 30-40 percent and 40-50 percent year-on-year.

DLocal Ltd. (NASDAQ:DLO), a global payments provider in over 40 emerging markets, is scheduled to release the results of its third-quarter earnings performance after market close on November 12, 2025.

While we acknowledge the potential of DLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.