FY2026 EPS Estimates for MercadoLibre Reduced by Analyst

Key Points

• Cantor Fitzgerald has reduced its FY2026 earnings per share estimates for MercadoLibre from $57.07 to $54.29, but maintains an "Overweight" rating and a target price of $2,700.00.
• MercadoLibre reported $10.31 EPS for the last quarter, missing the consensus estimate of $12.01, despite a revenue increase of 33.8% year-over-year.
• The current consensus estimate for MercadoLibre's full-year earnings stands at $43.96 per share, with several analysts maintaining a "Moderate Buy" rating and an average target price of approximately $2,789.44.

MercadoLibre, Inc. (NASDAQ:MELI - Free Report) - Cantor Fitzgerald reduced their FY2026 earnings per share estimates for MercadoLibre in a note issued to investors on Tuesday, August 5th. Cantor Fitzgerald analyst D. Mathivanan now expects that the company will earn $54.29 per share for the year, down from their previous estimate of $57.07. Cantor Fitzgerald currently has a "Overweight" rating and a $2,700.00 target price on the stock. The consensus estimate for MercadoLibre's current full-year earnings is $43.96 per share.

MercadoLibre (NASDAQ:MELI - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $10.31 EPS for the quarter, missing the consensus estimate of $12.01 by ($1.70). MercadoLibre had a net margin of 8.52% and a return on equity of 46.11%. The firm had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.57 billion. During the same quarter in the previous year, the firm posted $10.48 earnings per share. MercadoLibre's quarterly revenue was up 33.8% compared to the same quarter last year.

A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. increased their target price on MercadoLibre from $2,250.00 to $2,600.00 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. Wedbush set a $2,700.00 target price on MercadoLibre and gave the company an "outperform" rating in a research report on Tuesday. Wall Street Zen lowered MercadoLibre from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Barclays cut their price objective on shares of MercadoLibre from $3,100.00 to $3,000.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. Finally, Benchmark reissued a "buy" rating and set a $2,875.00 price target on shares of MercadoLibre in a research report on Tuesday. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, MercadoLibre currently has an average rating of "Moderate Buy" and an average target price of $2,789.44.

MercadoLibre Price Performance

MELI stock opened at $2,341.03 on Thursday. The company has a market capitalization of $118.69 billion, a P/E ratio of 57.86, a PEG ratio of 1.44 and a beta of 1.46. MercadoLibre has a 52-week low of $1,646.00 and a 52-week high of $2,645.22. The company has a fifty day moving average price of $2,445.98 and a 200-day moving average price of $2,234.89. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.18 and a current ratio of 1.20.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Capital International Investors grew its position in shares of MercadoLibre by 38.7% in the fourth quarter. Capital International Investors now owns 1,687,114 shares of the company's stock valued at $2,868,869,000 after purchasing an additional 470,829 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in MercadoLibre by 41.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,394,255 shares of the company's stock worth $2,370,848,000 after acquiring an additional 405,425 shares during the period. Capital World Investors lifted its holdings in shares of MercadoLibre by 24.5% during the 4th quarter. Capital World Investors now owns 1,568,602 shares of the company's stock worth $2,667,386,000 after acquiring an additional 308,973 shares during the last quarter. Capital Research Global Investors increased its holdings in MercadoLibre by 8.0% during the 4th quarter. Capital Research Global Investors now owns 2,415,815 shares of the company's stock valued at $4,108,079,000 after purchasing an additional 179,807 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in shares of MercadoLibre by 170.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 274,960 shares of the company's stock worth $536,411,000 after buying an additional 173,449 shares during the last quarter. 87.62% of the stock is 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.

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