MercadoLibre (NASDAQ:MELI) Given “Buy” Rating at BTIG Research

Posted by Stanley Muller on Aug 6th, 2026

MercadoLibre (NASDAQ:MELI – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at BTIG Research in a research report issued on Thursday,Benzinga reports. They presently have a $2,150.00 target price on the stock. BTIG Research’s price objective points to a potential upside of 11.83% from the company’s current price.

Several other brokerages have also recently weighed in on MELI. JPMorgan Chase & Co. lowered their price target on shares of MercadoLibre from $2,100.00 to $1,900.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MercadoLibre in a research note on Thursday, July 2nd. Citigroup boosted their target price on shares of MercadoLibre from $1,950.00 to $2,000.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Scotiabank cut their price target on shares of MercadoLibre from $3,500.00 to $2,800.00 and set a “sector outperform” rating for the company in a report on Thursday, May 7th. Finally, Morgan Stanley reduced their price target on shares of MercadoLibre from $2,600.00 to $2,450.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $2,258.67.

Read Our Latest Research Report on MELI

MercadoLibre Price Performance

Shares of NASDAQ MELI opened at $1,922.57 on Thursday. The firm has a 50-day simple moving average of $1,742.67 and a 200-day simple moving average of $1,798.59. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $97.47 billion, a price-to-earnings ratio of 50.74, a price-to-earnings-growth ratio of 1.16 and a beta of 1.34. MercadoLibre has a 52 week low of $1,495.00 and a 52 week high of $2,548.50.

MercadoLibre (NASDAQ:MELI – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $9.19 earnings per share for the quarter, topping the consensus estimate of $8.65 by $0.54. The business had revenue of $10.17 billion for the quarter, compared to analysts’ expectations of $9.79 billion. MercadoLibre had a return on equity of 29.58% and a net margin of 6.04%.The business’s revenue for the quarter was up 49.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $10.31 EPS. On average, equities analysts predict that MercadoLibre will post 41 earnings per share for the current fiscal year.

Insider Transactions at MercadoLibre

In related news, Director Alejandro Nicolas Aguzin bought 600 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $1,655.93 per share, with a total value of $993,558.00. Following the completion of the transaction, the director directly owned 5,355 shares of the company’s stock, valued at $8,867,505.15. This represents a 12.62% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.26% of the company’s stock.

Institutional Investors Weigh In On MercadoLibre

Institutional investors and hedge funds have recently made changes to their positions in the stock. Baillie Gifford & Co. lifted its holdings in shares of MercadoLibre by 4.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,481,563 shares of the company’s stock worth $7,012,773,000 after acquiring an additional 164,120 shares during the last quarter. Capital Research Global Investors increased its holdings in MercadoLibre by 22.5% in the 4th quarter. Capital Research Global Investors now owns 2,225,031 shares of the company’s stock valued at $4,481,812,000 after purchasing an additional 408,939 shares during the last quarter. Capital International Investors increased its holdings in MercadoLibre by 7.3% in the 4th quarter. Capital International Investors now owns 1,725,125 shares of the company’s stock valued at $3,474,880,000 after purchasing an additional 118,018 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in MercadoLibre by 9.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,583,071 shares of the company’s stock valued at $3,188,718,000 after purchasing an additional 137,100 shares during the period. Finally, Janus Henderson Group PLC raised its position in MercadoLibre by 1.7% in the first quarter. Janus Henderson Group PLC now owns 614,238 shares of the company’s stock valued at $1,062,019,000 after purchasing an additional 10,142 shares during the period. 87.62% of the stock is owned by hedge funds and other institutional investors.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

Positive Sentiment: Revenue and earnings exceeded expectations. Revenue reached $10.17 billion, up 49.8% year over year and above the roughly $9.79 billion consensus estimate. Adjusted earnings of $9.19 per share also topped forecasts of approximately $8.65–$8.69. MercadoLibre, Inc. Reports Second Quarter 2026 Financial Results
Positive Sentiment: Core platform momentum remained powerful. MercadoLibre said revenue and financial income grew about 50%, the fastest growth rate in four years, while increasing unique active buyers and deeper customer engagement strengthened its e-commerce and fintech ecosystem. MercadoLibre stuns with 50% growth as AI agents pitch in
Neutral Sentiment: Operating performance was sizable but requires monitoring. The company generated $683 million in operating income, representing a 6.7% margin, and $466 million in net income. Investors will assess whether MercadoLibre can sustain its rapid expansion while preserving profitability. Mercado Libre Q2 2026 Revenue Surpasses $10 Billion
Negative Sentiment: Profitability weakened year over year. EPS fell from $10.31 in the prior-year quarter to $9.19, and Reuters described the result as the company’s third consecutive decline in net profit. The lower margins overshadowed the revenue and EPS beats, prompting a negative immediate market reaction. MercadoLibre’s net profit beats estimates despite third straight decline

MercadoLibre Company Profile

(Get Free Report)

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.