9 Best Performing New Tech Stocks to Buy Now

7. DLocal Limited (NASDAQ:DLO)

Number of Hedge Fund Holders: 26

6-Month Performance: 32.30%

DLocal Limited (NASDAQ:DLO) is one of the best performing new tech stocks to buy now. On January 20, Truist raised its price target for DLocal to $17 from its previous target of $16 while maintaining a Buy rating. This adjustment was posted ahead of the company’s Q4 2025 earnings report, as part of a research note focused on the FinTech sector. The firm anticipates that DLocal will deliver a solid performance for the quarter, though it cautions that challenging year-over-year comparisons might make it difficult for the company to significantly exceed volume expectations.

Additionally, Truist remains generally optimistic about the FinTech group’s trajectory throughout 2026 and suggests that investors should be prepared for potential shifts in outlook. Specifically, the firm indicates that some management teams across the sector might choose to issue more conservative initial guidance for 2026 in an effort to reset Wall Street’s expectations to a more manageable level.

Furthermore, earlier on December 17, Itau BBA analyst William Barranjard initiated coverage of DLocal with an Outperform rating, while setting a $21 price target on the company’s shares.

DLocal Limited (NASDAQ:DLO), together with its subsidiaries, operates a payment processing platform worldwide. The company offers a robust pay-in solution that allows businesses to get paid for their products and services through various payment methods.