Top-Rated Stocks NASDAQ:MELI MercadoLibre - MELI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MercadoLibre, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $1,180.79 -0.90 (-0.08%) (As of 02/1/2023 01:44 PM ET) Add Compare Share Share Today's Range$1,152.48▼$1,185.8150-Day Range$826.11▼$1,221.2752-Week Range$600.68▼$1,275.82Volume235,769 shsAverage Volume603,646 shsMarket Capitalization$59.38 billionP/E Ratio219.89Dividend YieldN/APrice Target$1,291.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MercadoLibre MarketRank™ ForecastAnalyst RatingModerate Buy2.91 Rating ScoreUpside/Downside11.2% Upside$1,291.50 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthN/ASustainability-1.48Upright™ Environmental ScoreNews Sentiment0.56Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth80.61%From $8.20 to $14.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.11 out of 5 starsRetail/Wholesale Sector151st out of 216 stocksBusiness Services, Not Elsewhere Classified Industry74th out of 100 stocks 2.5 Analyst's Opinion Consensus RatingMercadoLibre has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,291.50, MercadoLibre has a forecasted upside of 11.2% from its current price of $1,161.00.Amount of Analyst CoverageMercadoLibre has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.85% of the float of MercadoLibre has been sold short.Short Interest Ratio / Days to CoverMercadoLibre has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MercadoLibre has recently decreased by 23.92%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMercadoLibre does not currently pay a dividend.Dividend GrowthMercadoLibre does not have a long track record of dividend growth. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMercadoLibre has received a -2.84% net impact score from Upright. The largest negative impact of MercadoLibre in category "GHG emissions" seems to be driven mostly by its "Digital marketplaces for used cars", "Online retail of footwear", "Online retail of toys", and "Online retail of home electrical appliances" products. See details.Environmental SustainabilityThe Environmental Impact score for MercadoLibre is -1.48. Previous Next 1.4 News and Social Media Coverage News SentimentMercadoLibre has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for MercadoLibre this week, compared to 10 articles on an average week.Search InterestOnly 31 people have searched for MELI on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.MarketBeat FollowsOnly 28 people have added MercadoLibre to their MarketBeat watchlist in the last 30 days. This is a decrease of -10% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MercadoLibre insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.27% of the stock of MercadoLibre is held by insiders.Percentage Held by Institutions80.49% of the stock of MercadoLibre is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for MercadoLibre are expected to grow by 80.61% in the coming year, from $8.20 to $14.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MercadoLibre is 216.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.70.Price to Earnings Ratio vs. SectorThe P/E ratio of MercadoLibre is 216.20, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 41.45.Price to Book Value per Share RatioMercadoLibre has a P/B Ratio of 37.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MercadoLibre (NASDAQ:MELI) StockMercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries. The Other Countries segment includes Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Bolivia, Honduras, Nicaragua, El Salvador, Guatemala, Paraguay, Uruguay, and the United States of America. Its products provide a mechanism for buying, selling, and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Montevideo, Uruguay.Read More Receive MELI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MercadoLibre and its competitors with MarketBeat's FREE daily newsletter. Email Address MELI Stock News HeadlinesJanuary 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Mercadolibre (MELI) and Tractor Supply (TSCO)January 24, 2023 | americanbankingnews.comMercadoLibre, Inc. (NASDAQ:MELI) Receives Consensus Rating of "Moderate Buy" from AnalystsFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 21, 2023 | finance.yahoo.comIs There Now An Opportunity In MercadoLibre, Inc. (NASDAQ:MELI)?January 19, 2023 | finance.yahoo.comMercadoLibre, IBD Stock Of The Day, Hovers Near A Buy ZoneJanuary 18, 2023 | finance.yahoo.comMercadoLibre (MELI) Upgraded to Strong Buy: Here's WhyJanuary 18, 2023 | finance.yahoo.comMercadoLibre (MELI) is an Incredible Growth Stock: 3 Reasons WhyJanuary 17, 2023 | finance.yahoo.comBetter Buy: Shopify vs. MercadoLibre StockFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 8, 2023 | finance.yahoo.com2 Smartest Tech Stocks to Buy in 2023 and BeyondJanuary 7, 2023 | finance.yahoo.comCan MercadoLibre, Inc. (NASDAQ:MELI) Maintain Its Strong Returns?January 4, 2023 | finance.yahoo.comMercadolibre (MELI) Posted Strong Growth in Q3January 1, 2023 | finance.yahoo.comMercadoLibre's (NASDAQ:MELI) five-year total shareholder returns outpace the underlying earnings growthDecember 27, 2022 | finance.yahoo.com2 Unstoppable Stocks That Could Make a Comeback in 2023December 19, 2022 | finance.yahoo.comHas MercadoLibre Stock Reached a Once-in-a-Decade Buying Opportunity?December 18, 2022 | finance.yahoo.comThere Are Reasons To Feel Uneasy About MercadoLibre's (NASDAQ:MELI) Returns On CapitalDecember 13, 2022 | finance.yahoo.comMercadoLibre, Inc. (MELI) is Attracting Investor Attention: Here is What You Should KnowDecember 9, 2022 | finance.yahoo.com1 Forever Stock With Tons of Upside PotentialDecember 3, 2022 | finance.yahoo.comAn Intrinsic Calculation For MercadoLibre, Inc. (NASDAQ:MELI) Suggests It's 21% UndervaluedNovember 21, 2022 | reuters.comMELI.P - MercadoLibre Inc | Stock Price & Latest News | ReutersNovember 19, 2022 | finance.yahoo.comHere's Why MercadoLibre (NASDAQ:MELI) Has Caught The Eye Of InvestorsNovember 15, 2022 | finance.yahoo.comHere’s How MercadoLibre (MELI) Shares Managed to Outperform in the Third QuarterNovember 7, 2022 | finance.yahoo.com3 Top Buys for NovemberNovember 5, 2022 | finance.yahoo.comInsiders who bought MercadoLibre, Inc. (NASDAQ:MELI) last year must be regretting not buying more as market cap hits US$47bNovember 5, 2022 | finance.yahoo.comShould You Retain MercadoLibre (MELI) Shares?November 4, 2022 | finance.yahoo.comMercadoLibre (MELI) Q3 Earnings Beat Mark, Revenues Rise Y/YNovember 4, 2022 | finance.yahoo.comMercadolibre's Earnings Report Blew Everyone's MindSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MELI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MercadoLibre and its competitors with MarketBeat's FREE daily newsletter. Email Address MELI Company Calendar Last Earnings11/03/2022Today2/01/2023Next Earnings (Estimated)2/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:MELI CUSIPN/A CIK1099590 Webwww.mercadolibre.com Phone(982) 927-2770Fax54-11-4545-4744Employees9,471Year Founded1999Price Target and Rating Average Stock Price Forecast$1,291.50 High Stock Price Forecast$1,750.00 Low Stock Price Forecast$970.00 Forecasted Upside/Downside+9.4%Consensus RatingModerate Buy Rating Score (0-4)2.91 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.37 Trailing P/E Ratio219.89 Forward P/E Ratio144.00 P/E GrowthN/ANet Income$83.30 million Net Margins2.80% Pretax Margin4.54% Return on Equity17.11% Return on Assets2.43% Debt Debt-to-Equity Ratio1.68 Current Ratio1.34 Quick Ratio1.31 Sales & Book Value Annual Sales$7.07 billion Price / Sales8.40 Cash Flow$6.91 per share Price / Cash Flow170.77 Book Value$30.97 per share Price / Book38.13Miscellaneous Outstanding Shares50,290,000Free Float50,159,000Market Cap$59.38 billion OptionableOptionable Beta1.53 Social Links Key ExecutivesMarcos Eduardo GalperinChairman, President & Chief Executive OfficerDaniel RabinovichChief Operating Officer & Executive Vice PresidentPedro Dornelles ArntChief Financial Officer & Executive Vice PresidentMarcelo MelamudChief Accounting Officer & Senior Vice PresidentJacobo Cohen ImachSecretary, Senior Vice President & General CounselKey CompetitorseBayNASDAQ:EBAYPinduoduoNASDAQ:PDDDollar GeneralNYSE:DGO'Reilly AutomotiveNASDAQ:ORLYAutoZoneNYSE:AZOView All CompetitorsInsiders & InstitutionsAIA Group LtdSold 129 shares on 1/31/2023Ownership: 0.004%Keybank National Association OHSold 18 shares on 1/31/2023Ownership: 0.003%Venturi Wealth Management LLCBought 17 shares on 1/31/2023Ownership: 0.002%Triumph Capital ManagementSold 108 shares on 1/31/2023Ownership: 0.001%FUKOKU MUTUAL LIFE INSURANCE CoSold 82 shares on 1/31/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions MELI Stock - Frequently Asked Questions Should I buy or sell MercadoLibre stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MELI shares. View MELI analyst ratings or view top-rated stocks. What is MercadoLibre's stock price forecast for 2023? 11 equities research analysts have issued 1-year price targets for MercadoLibre's stock. Their MELI share price forecasts range from $970.00 to $1,750.00. On average, they predict the company's stock price to reach $1,291.50 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for MELI or view top-rated stocks among Wall Street analysts. How have MELI shares performed in 2023? MercadoLibre's stock was trading at $846.24 at the beginning of the year. Since then, MELI stock has increased by 39.6% and is now trading at $1,181.69. View the best growth stocks for 2023 here. Are investors shorting MercadoLibre? MercadoLibre saw a drop in short interest in January. As of January 15th, there was short interest totaling 821,700 shares, a drop of 23.9% from the December 31st total of 1,080,000 shares. Based on an average daily volume of 600,400 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.9% of the company's shares are sold short. View MercadoLibre's Short Interest. When is MercadoLibre's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023. View our MELI earnings forecast. How were MercadoLibre's earnings last quarter? MercadoLibre, Inc. (NASDAQ:MELI) issued its quarterly earnings results on Thursday, November, 3rd. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.31 by $0.25. The firm had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.69 billion. MercadoLibre had a net margin of 2.80% and a trailing twelve-month return on equity of 17.11%. The firm's quarterly revenue was up 41.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.92 EPS. What is Marcos Galperín's approval rating as MercadoLibre's CEO? 362 employees have rated MercadoLibre Chief Executive Officer Marcos Galperín on Glassdoor.com. Marcos Galperín has an approval rating of 96% among the company's employees. This puts Marcos Galperín in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of MercadoLibre own? Based on aggregate information from My MarketBeat watchlists, some companies that other MercadoLibre investors own include NVIDIA (NVDA), Shopify (SHOP), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Block (SQ), PayPal (PYPL), Salesforce (CRM), Trade Desk (TTD) and Walt Disney (DIS). What is MercadoLibre's stock symbol? MercadoLibre trades on the NASDAQ under the ticker symbol "MELI." Who are MercadoLibre's major shareholders? MercadoLibre's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (12.18%), International Assets Investment Management LLC (0.80%), Sumitomo Mitsui Trust Holdings Inc. (0.73%), Allspring Global Investments Holdings LLC (0.46%), Sustainable Growth Advisers LP (0.42%) and Northcape Capital Pty Ltd (0.30%). Insiders that own company stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk, Henrique Vasoncelos Dubugras, La Serna Juan Martin De, Marcelo Melamud and Meyer Malka. View institutional ownership trends. How do I buy shares of MercadoLibre? Shares of MELI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is MercadoLibre's stock price today? One share of MELI stock can currently be purchased for approximately $1,181.69. How much money does MercadoLibre make? MercadoLibre (NASDAQ:MELI) has a market capitalization of $59.43 billion and generates $7.07 billion in revenue each year. The company earns $83.30 million in net income (profit) each year or $5.37 on an earnings per share basis. How many employees does MercadoLibre have? The company employs 9,471 workers across the globe. How can I contact MercadoLibre? MercadoLibre's mailing address is ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG. The official website for the company is www.mercadolibre.com. The company can be reached via phone at (982) 927-2770, via email at investor@mercadolibre.com, or via fax at 54-11-4545-4744. This page (NASDAQ:MELI) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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