DLocal Limited (DLO): A Bull Case Theory

We came across a bullish thesis on DLocal Limited on Pierce Capital Research’s Substack by Steve Wagner. In this article, we will summarize the bull’s thesis on DLO. DLocal Limited's share was trading at $11.16 as of June 24^th. DLO’s trailing and forward P/E ratios were 23.25 and 19.88, respectively, according to Yahoo Finance.

[caption id="attachment_1206927" align="aligncenter" width="768"] A businessman in a suit standing in front of a large payment processing system workstation.[/caption]

DLocal (DLO) delivered its strongest quarter ever in Q1 2025, driven by record...