Cantor Fitzgerald Weighs in on MercadoLibre FY2026 Earnings

MercadoLibre, Inc. (NASDAQ:MELI - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for MercadoLibre in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan forecasts that the company will post earnings of $61.45 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $2,700.00 price objective on the stock. The consensus estimate for MercadoLibre's current full-year earnings is $43.96 per share.

Several other equities research analysts also recently commented on the company. Susquehanna lifted their price objective on MercadoLibre from $2,350.00 to $2,760.00 and gave the stock a "positive" rating in a report on Friday, February 21st. Bank of America boosted their price objective on shares of MercadoLibre from $2,500.00 to $3,000.00 and gave the company a "buy" rating in a report on Friday, February 21st. The Goldman Sachs Group raised their target price on shares of MercadoLibre from $2,640.00 to $3,000.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. UBS Group set a $3,000.00 target price on shares of MercadoLibre in a research note on Monday, June 2nd. Finally, Citigroup reissued a "buy" rating on shares of MercadoLibre in a report on Friday, June 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, MercadoLibre presently has an average rating of "Moderate Buy" and a consensus target price of $2,632.50.

MercadoLibre Stock Up 0.1%

Shares of MELI stock traded up $3.16 during mid-day trading on Tuesday, hitting $2,371.98. The company's stock had a trading volume of 341,577 shares, compared to its average volume of 385,718. The stock has a market cap of $120.25 billion, a price-to-earnings ratio of 62.92, a PEG ratio of 1.12 and a beta of 1.51. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25. MercadoLibre has a 52-week low of $1,550.00 and a 52-week high of $2,635.88. The business has a 50-day moving average price of $2,340.95 and a 200 day moving average price of $2,074.37.

MercadoLibre (NASDAQ:MELI - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $9.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.82 by $1.92. The business had revenue of $5.94 billion for the quarter, compared to analysts' expectations of $5.55 billion. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%. The firm's quarterly revenue was up 37.0% on a year-over-year basis. During the same period in the prior year, the firm posted $6.78 EPS.

Institutional Investors Weigh In On MercadoLibre

Several hedge funds and other institutional investors have recently modified their holdings of MELI. Key Financial Inc bought a new stake in MercadoLibre during the first quarter valued at about $25,000. GW&K Investment Management LLC purchased a new position in shares of MercadoLibre during the 1st quarter valued at about $25,000. Human Investing LLC purchased a new position in shares of MercadoLibre during the 4th quarter valued at about $26,000. Park Square Financial Group LLC bought a new position in shares of MercadoLibre during the 4th quarter valued at approximately $26,000. Finally, Covestor Ltd purchased a new stake in MercadoLibre in the 4th quarter worth approximately $27,000. 87.62% of the stock is currently owned by hedge funds and other institutional investors.

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.