MercadoLibre, Inc. (NASDAQ:MELI – Free Report) – Cantor Fitzgerald issued their FY2026 EPS estimates for MercadoLibre in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan expects that the company will post earnings of $61.45 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $2,400.00 price objective on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share.
Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised their price target on MercadoLibre from $2,250.00 to $2,600.00 and gave the stock a “neutral” rating in a report on Thursday, May 22nd. Jefferies Financial Group reiterated a “hold” rating and issued a $2,800.00 target price (up from $2,450.00) on shares of MercadoLibre in a research note on Thursday, June 5th. Wall Street Zen downgraded shares of MercadoLibre from a “buy” rating to a “hold” rating in a report on Friday, May 16th. UBS Group set a $3,000.00 price objective on shares of MercadoLibre in a report on Monday, June 2nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of MercadoLibre in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,613.75.
MercadoLibre Stock Performance
Shares of MELI stock opened at $2,448.60 on Tuesday. The company has a market cap of $124.14 billion, a P/E ratio of 64.95, a PEG ratio of 1.12 and a beta of 1.51. The business has a 50 day moving average of $2,298.62 and a two-hundred day moving average of $2,066.22. MercadoLibre has a 52 week low of $1,550.00 and a 52 week high of $2,635.88. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.78.
MercadoLibre (NASDAQ:MELI – Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $9.74 earnings per share for the quarter, beating analysts’ consensus estimates of $7.82 by $1.92. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.55 billion. MercadoLibre had a net margin of 9.20% and a return on equity of 51.89%. The company’s revenue for the quarter was up 37.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.78 EPS.
Institutional Trading of MercadoLibre
Institutional investors have recently made changes to their positions in the stock. Inspire Investing LLC acquired a new position in shares of MercadoLibre during the first quarter valued at approximately $632,000. Invst LLC bought a new position in MercadoLibre during the 1st quarter valued at $400,000. Anderson Financial Strategies LLC acquired a new position in shares of MercadoLibre during the 1st quarter valued at $644,000. Ellsworth Advisors LLC bought a new stake in shares of MercadoLibre in the 1st quarter worth $3,139,000. Finally, Wealth Management Associates Inc. lifted its holdings in shares of MercadoLibre by 28.5% in the first quarter. Wealth Management Associates Inc. now owns 176 shares of the company’s stock valued at $343,000 after buying an additional 39 shares during the period. 87.62% of the stock is owned by institutional investors and hedge funds.
MercadoLibre Company Profile
MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
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