Cantor Fitzgerald Estimates MercadoLibre FY2026 Earnings

MercadoLibre, Inc. (NASDAQ:MELI - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for MercadoLibre in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan anticipates that the company will post earnings per share of $61.45 for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $2,400.00 target price on the stock. The consensus estimate for MercadoLibre's current full-year earnings is $43.96 per share.

Several other research firms have also weighed in on MELI. Benchmark lowered MercadoLibre from a "buy" rating to a "cautious" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. raised their price objective on MercadoLibre from $2,250.00 to $2,600.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd. Barclays boosted their target price on MercadoLibre from $2,500.00 to $3,100.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Jefferies Financial Group reiterated a "hold" rating and set a $2,800.00 price target (up previously from $2,450.00) on shares of MercadoLibre in a report on Thursday, June 5th. Finally, Bank of America lifted their price target on shares of MercadoLibre from $2,500.00 to $3,000.00 and gave the company a "buy" rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $2,613.75.

MercadoLibre Stock Down 2.1%

NASDAQ MELI traded down $52.16 during trading on Tuesday, reaching $2,396.44. The company's stock had a trading volume of 501,406 shares, compared to its average volume of 383,204. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $121.49 billion, a PE ratio of 63.57, a PEG ratio of 1.12 and a beta of 1.51. MercadoLibre has a 1-year low of $1,550.00 and a 1-year high of $2,635.88. The business has a 50-day moving average price of $2,298.62 and a 200-day moving average price of $2,066.22.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Inspire Investing LLC bought a new position in MercadoLibre during the 1st quarter worth $632,000. Invst LLC bought a new stake in shares of MercadoLibre in the 1st quarter valued at about $400,000. Anderson Financial Strategies LLC acquired a new stake in shares of MercadoLibre in the first quarter valued at about $644,000. Ellsworth Advisors LLC bought a new position in shares of MercadoLibre during the first quarter worth about $3,139,000. Finally, Wealth Management Associates Inc. lifted its stake in shares of MercadoLibre by 28.5% in the first quarter. Wealth Management Associates Inc. now owns 176 shares of the company's stock worth $343,000 after acquiring an additional 39 shares during the period. 87.62% of the stock is currently owned by 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.