DLO · catalysts, narrative & risks

Executive Summary Dlocal Limited ticker: DLO has emerged as a mid‑cap growth stock in the U.S. Russell 2000 index, with key catalysts over the last ~1–3 months including a strong Q4 2025 earnings release, a $300 million share‑buyback program, a new dividend initiation, and its inclusion in the Russell 2000 index effective June 29 2026 12. Analysts project an average price target of $17.86 range $14.50–$21.00 with a consensus “Strong Buy” rating 12. --- 1. Company Overview | Item | Detail | Source | |------|--------|--------| | Ticker | DLO | 6 | | Exchange | NASDAQ | 11 | | Founded | 2016 | 23 | | Headquarters | Montevideo, Uruguay | 23 | | Core Business | Global payments platform for emerging‑market merchants | 11 | | Key Metrics as of July 7 2026 | 964,265 M shares outstanding; price $15.30 | 6 | | Market Cap | ~$15.30 B | 23 | Note: DL…