We came across a bullish thesis on DLocal Limited (DLO) on Substack by Steve Wagner. In this article, we will summarize the bulls’ thesis on DLO. DLocal Limited (DLO)’s share was trading at $11.77 as of May 16th. DLO’s trailing and forward P/E were 24.51 and 20.96 respectively according to Yahoo Finance.

A customer making a purchase at a modern retail store terminal, showing the ubiquity of the company’s payment solutions.
dLocal (DLO) began 2025 with record-breaking results,...




