MercadoLibre, Inc. $MELI Position Boosted by China Universal Asset Management Co. Ltd.

Key Points

• China Universal Asset Management increased its MercadoLibre stake by 44.8% in the third quarter to 2,848 shares valued at approximately $4.9 million. Institutional investors and hedge funds collectively own 87.62% of MELI.
• MercadoLibre reported better-than-expected quarterly results, with EPS of $9.19 and revenue of $10.17 billion; revenue rose 49.8% year over year. The stock was recently trading at $1,660.13, below its 50- and 200-day moving averages.
• Analyst sentiment is generally positive, with Citigroup upgrading MELI to Buy and the stock carrying a consensus “Moderate Buy” rating and $2,248.75 price target. However, high valuation and uncertainty ahead of the November 4 earnings report remain key risks.

China Universal Asset Management Co. Ltd. boosted its stake in MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 44.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,848 shares of the company's stock after purchasing an additional 881 shares during the quarter. China Universal Asset Management Co. Ltd.'s holdings in MercadoLibre were worth $4,913,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MELI. BlackRock Inc. acquired a new position in shares of MercadoLibre during the second quarter valued at about $2,246,015,000. Jupiter Topco LLC bought a new position in shares of MercadoLibre during the 2nd quarter worth about $917,123,000. Linonia Partnership LP grew its stake in shares of MercadoLibre by 325.1% in the 2nd quarter. Linonia Partnership LP now owns 553,788 shares of the company's stock valued at $939,994,000 after buying an additional 423,527 shares during the period. Royal Bank of Canada grew its stake 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 valued at $768,728,000 after buying 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 valued at about $291,146,000. 87.62% of the stock is currently owned by institutional investors and hedge funds.

MercadoLibre Trading Down 0.8%

NASDAQ:MELI opened at $1,660.13 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.12 and a quick ratio of 1.10. MercadoLibre, Inc. has a one year low of $1,495.00 and a one year high of $2,428.00. The company has a market cap of $84.17 billion, a PE ratio of 45.15, a PEG ratio of 1.18 and a beta of 1.31. The firm has a 50-day moving average of $1,846.59 and a 200-day moving average of $1,818.52.

MercadoLibre (NASDAQ:MELI - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $9.19 earnings per share for the quarter, beating the consensus estimate of $8.65 by $0.54. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. The business had revenue of $10.17 billion for the quarter, compared to analysts' expectations of $9.79 billion. During the same quarter last year, the firm earned $10.31 EPS. The firm's revenue for the quarter was up 49.8% compared to the same quarter last year. As a group, equities research analysts expect that MercadoLibre, Inc. will post 38.09 EPS for the current fiscal year.

MercadoLibre News Summary

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MELI to Buy, providing a potentially supportive analyst signal and suggesting the recent weakness has improved the stock’s risk-reward profile. MercadoLibre Raised to Buy at Citigroup
• Positive Sentiment: Mercado Ads remains a growth opportunity. Management discussed the advertising unit’s strategy, competitive position and expansion opportunities, including a planned Netflix partnership, which could diversify revenue and improve monetization across MercadoLibre’s ecosystem. MercadoLibre Stock Could Look Pricey Despite Fresh Advertising Expansion News
• Neutral Sentiment: MercadoLibre will report third-quarter 2026 results on November 4. The announcement gives investors a near-term catalyst; expectations for revenue growth, operating margins, credit performance and guidance are likely to drive the next major move. MercadoLibre to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: MercadoLibre’s new Argentina center signals continued investment in its Latin American operations, although the articles provide no details on the facility’s expected financial contribution. Mercado Libre Opens Argentina Center
• Negative Sentiment: Valuation remains a key concern. Commentary says MELI may look expensive relative to the profits currently supporting its share price, even with rapid e-commerce, fintech and advertising growth. MercadoLibre Valuation Analysis
• Negative Sentiment: Zacks warned that MercadoLibre does not have the ideal combination of factors for a likely earnings beat, increasing caution before the November 4 report. MercadoLibre Earnings Expected to Grow

Wall Street Analysts Forecast Growth

MELI has been the subject of a number of research analyst reports. Zacks Research raised MercadoLibre from a "strong sell" rating to a "hold" rating in a research report on Monday, July 13th. Citigroup upgraded MercadoLibre from a "neutral" rating to a "buy" rating and cut their price target for the stock from $2,100.00 to $2,050.00 in a report on Tuesday. BTIG Research reissued a "buy" rating and issued a $2,150.00 price objective on shares of MercadoLibre in a research note on Tuesday. JPMorgan Chase & Co. boosted their price objective on MercadoLibre from $1,900.00 to $2,150.00 and gave the company a "neutral" rating in a report on Tuesday, August 11th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of MercadoLibre in a research report on Tuesday, September 29th. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, MercadoLibre presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,248.75.

MercadoLibre Company Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre's financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.

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