DLocal Delivers Impressive Q4 Earnings, But Stock Still Trades at Discount

dLocal, a Uruguayan fintech company, delivered its fourth consecutive quarter of beating earnings and sales estimates, with Total Payment Volume reaching a record $13.1 billion, up 70% YoY. Revenue surged 65% to $338 million, and gross profit rose 38%. Despite this, the stock trades at a significant discount with a forward P/E below 11. Analysts are bullish, with a consensus Moderate Buy rating and a consensus price target of $17, implying nearly 50% upside.