5 Best New Tech Stocks With Highest Upside Potential

In this article, we will list the 5 Best New Tech Stocks With Highest Upside Potential. Please visit 12 Best New Tech Stocks With Highest Upside Potential to see the extended list and the methodology behind it.

5. DLocal Limited (NASDAQ:DLO)

Average Upside Potential: 48.03%

DLocal Limited (NASDAQ:DLO) is one of the best new tech stocks with highest upside potential. On May 14, DLocal Limited reported strong Q1 2026 financial results, with Total Payment Volume/TPV surpassing $14 billion for the first time, marking a 73% year-over-year increase. Revenues rose 55% year-over-year to $335.9 million, driven by robust base business momentum and secular tailwinds across emerging markets.

The company recorded a one-off, prior-period tax adjustment of $9.7 million during the quarter, which impacted net and operating results. Excluding this non-recurring item, operating profit grew 25% year-over-year to $57.2 million, and net income increased 11% year-over-year to $51.6 million. Normalized operating expenses grew 58% year-over-year due to the expected carry-over of investment cycle costs from late 2025, though operating leverage is expected to improve in H2 2026.

Adjusted free cash flow for the quarter was $14.7 million, down from prior periods due to temporary working capital effects and timing variations that management expects to reverse. As of March 31, DLocal Limited (NASDAQ:DLO) maintained a solid liquidity position with $815.6 million in total cash and cash equivalents, including $451.8 million in corporate cash. CEO Pedro Arnt expressed confidence in the company’s long-term outlook, confirming that full-year guidance remains unchanged.

DLocal Limited (NASDAQ:DLO) is a fintech company that provides a cross-border payment processing platform, allowing global merchants to accept payments and make payouts in emerging markets.