Candriam S.C.A. Buys 1,231 Shares of MercadoLibre, Inc. $MELI

Key Points

• Candriam S.C.A. increased its MercadoLibre stake 11.8% in Q3, buying 1,231 shares to hold 11,668 shares valued at about $20.2 million.
• MercadoLibre’s Q3 revenue rose 45.1% year over year to $10.75 billion, topping estimates, but EPS of $8.83 missed consensus of $9.27; higher fulfillment, shipping and marketing costs also weighed on operating income and margins.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $2,198.75, although several firms recently lowered targets. Institutional investors own 87.62% of the stock.

Candriam S.C.A. increased its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 11.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,668 shares of the company's stock after buying an additional 1,231 shares during the quarter. Candriam S.C.A.'s holdings in MercadoLibre were worth $20,242,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in MercadoLibre in the second quarter valued at $2,246,015,000. Jupiter Topco LLC bought a new position in shares of MercadoLibre during the second quarter worth about $917,123,000. Linonia Partnership LP increased its holdings in shares of MercadoLibre by 325.1% in the 2nd quarter. Linonia Partnership LP now owns 553,788 shares of the company's stock worth $939,994,000 after acquiring an additional 423,527 shares during the period. Royal Bank of Canada increased its holdings in shares of MercadoLibre by 114.2% in the 1st quarter. Royal Bank of Canada now owns 444,603 shares of the company's stock worth $768,728,000 after acquiring an additional 237,008 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of MercadoLibre in the 2nd quarter worth about $291,146,000. 87.62% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on MELI shares. Cantor Fitzgerald cut their price objective on shares of MercadoLibre from $2,200.00 to $2,000.00 and set an "overweight" rating on the stock in a research report on Thursday. Raymond James Financial restated a "strong-buy" rating on shares of MercadoLibre in a research report on Thursday. Citigroup upgraded shares of MercadoLibre from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $2,100.00 to $2,050.00 in a research report on Tuesday, October 27th. Zacks Research upgraded shares of MercadoLibre from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Finally, BTIG Research dropped their price target on shares of MercadoLibre from $2,150.00 to $2,050.00 and set a "buy" rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $2,198.75.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Third-quarter revenue and financial income rose 45% year over year to $10.75 billion, beating estimates; growth was broad-based, with Brazil especially strong and fintech continuing to expand. Mercado Libre Revenue Reaches $10.75 Billion in Q3 2026
• Positive Sentiment: Management is investing in fulfillment capacity, shipping and marketing to attract and retain customers, arguing the spending can support longer-term growth. The company also outlined further fulfillment expansion. MercadoLibre Plunged After Earnings. Here's Why I'm Not Selling.
• Neutral Sentiment: Some brokers kept positive ratings despite reducing price targets, indicating continued confidence in MELI’s longer-term prospects but greater caution about near-term expectations. Scotiabank analyst rating and price target
• Negative Sentiment: Quarterly EPS of $8.83 missed estimates. Operating income fell 6% to $676 million, and the operating margin narrowed to 6.3% from 9.8% a year earlier as fulfillment, shipping subsidies and marketing costs increased. Investors are concerned that growth is coming at the expense of near-term earnings. MercadoLibre Pays Up to Win Shoppers' Loyalty
• Negative Sentiment: Reports also cite foreign-exchange exposure and regional political uncertainty, including Brazil’s election aftermath, as risks that could add volatility to results. Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?

MercadoLibre Stock Performance

Shares of MELI stock opened at $1,510.00 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.12. MercadoLibre, Inc. has a 1 year low of $1,469.01 and a 1 year high of $2,342.00. The stock has a fifty day moving average of $1,808.01 and a two-hundred day moving average of $1,804.55. The firm has a market capitalization of $76.56 billion, a PE ratio of 40.50, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42.

MercadoLibre (NASDAQ:MELI - Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The company reported $8.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.27 by ($0.44). The business had revenue of $10.75 billion during the quarter, compared to the consensus estimate of $10.69 billion. MercadoLibre had a return on equity of 25.93% and a net margin of 4.91%. The company's revenue for the quarter was up 45.1% compared to the same quarter last year. During the same period in the previous year, the company posted $8.32 EPS. As a group, research analysts expect that MercadoLibre, Inc. will post 38.21 EPS for the current year.

About MercadoLibre

MercadoLibre, Inc operates an online commerce and financial technology platform focused on Latin America. Founded in Argentina in 1999, the company connects buyers and sellers through its marketplace, where businesses and individuals can list and purchase a wide range of products.

The company's services also include Mercado Pago, which offers digital payment and financial services for transactions on and off its marketplace. MercadoLibre supports commerce with services such as Mercado Envíos, its shipping and logistics platform, and provides advertising tools for merchants and brands.

MercadoLibre serves customers and businesses across numerous Latin American markets, including Brazil, Mexico and Argentina.

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