Top-Rated Stocks NASDAQ:MELI MercadoLibre 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. $659.95 +23.08 (+3.62%) (As of 07/1/2022 05:43 PM ET) Add Compare Share Today's Range$631.87▼$665.9550-Day Range$612.70▼$1,041.9252-Week Range$600.68▼$1,970.13Volume521,053 shsAverage Volume664,429 shsMarket Capitalization$33.25 billionP/E Ratio179.82Dividend YieldN/APrice Target$1,649.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MercadoLibre MarketRank™ ForecastAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside149.9% Upside$1,649.00 Price TargetShort InterestHealthy2.19% of Float Sold ShortDividend StrengthN/ASustainability-2.00Upright™ Environmental ScoreNews Sentiment0.60Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth94.54%From $6.59 to $12.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.08 out of 5 starsRetail/Wholesale Sector115th out of 282 stocksBusiness Services, Not Elsewhere Classified Industry39th out of 145 stocks 3.5 Analyst's Opinion Consensus RatingMercadoLibre has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,649.00, MercadoLibre has a forecasted upside of 149.9% from its current price of $659.95.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 Shorted2.19% 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 28.30%, 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 1.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMercadoLibre has received a 7.97% net impact score from Upright. MercadoLibre seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Online retail of sporting equipment", "Online retail of personal hygiene products", and "Online retail of footwear" products. See details.Environmental SustainabilityThe Environmental Impact score for MercadoLibre is -2.00. Previous Next 2.0 News and Social Media Coverage News SentimentMercadoLibre has a news sentiment score of 0.60. 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 is a higher news sentiment than the 0.47 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 11 news articles for MercadoLibre this week, compared to 13 articles on an average week.Search InterestOnly 68 people have searched for MELI on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.MarketBeat FollowsOnly 34 people have added MercadoLibre to their MarketBeat watchlist in the last 30 days. This is a decrease of -37% 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 Institutions79.61% 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 94.54% in the coming year, from $6.59 to $12.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MercadoLibre is 179.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 67.88.Price to Earnings Ratio vs. SectorThe P/E ratio of MercadoLibre is 179.82, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 13.72.Price to Book Value per Share RatioMercadoLibre has a P/B Ratio of 21.31. 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 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 About MercadoLibre (NASDAQ:MELI) StockMercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech, 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. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.Read More MELI Stock News HeadlinesJuly 1, 2022 | seekingalpha.comMercadoLibre Stock: Value, Growth And Outstanding Execution (NASDAQ:MELI) - Seeking AlphaJune 29, 2022 | thestreet.comAmazon, Boeing and Meta Make Morningstar List of Undervalued Stocks - TheStreetJune 29, 2022 | nasdaq.comMy 2 Best Growth Stocks to Buy and Hold Through Any Recession - NasdaqJune 29, 2022 | benzinga.comMercadoLibre Whale Trades For June 29 - Benzinga - BenzingaJune 29, 2022 | fool.com2 Reasons MercadoLibre Can Bounce Back Big Time - The Motley FoolJune 29, 2022 | finance.yahoo.com2 Reasons MercadoLibre Can Bounce Back Big TimeJune 28, 2022 | fool.comMy 2 Best Growth Stocks to Buy and Hold Through Any Recession - The Motley FoolJune 25, 2022 | fool.comWhy MercadoLibre Was Rising 16% This Week - The Motley FoolJune 25, 2022 | finance.yahoo.comWhy MercadoLibre Was Rising 16% This WeekJune 25, 2022 | nasdaq.comMercadoLibre's fintech unit offers life insurance in Brazil - NasdaqJune 25, 2022 | americanbankingnews.comMercadoLibre (NASDAQ:MELI) Rating Lowered to Sell at StockNews.comJune 24, 2022 | nasdaq.comTop 10 Bargain Stocks to Buy Right Now - NasdaqJune 24, 2022 | nasdaq.com2 Cheap Stocks to Buy Now and Hold Forever - NasdaqJune 23, 2022 | fool.com3 Stocks I'm Buying During a Tech Stock Correction - The Motley FoolJune 23, 2022 | finance.yahoo.comMercadoLibre's fintech unit offers life insurance in Brazil - Yahoo FinanceJune 21, 2022 | seekingalpha.comForget Ecommerce: MercadoLibre's Payment Solution Is Flying (NASDAQ:MELI) - Seeking AlphaJune 21, 2022 | nasdaq.com3 Stocks I'm Buying During a Tech Stock Correction - NasdaqJune 20, 2022 | seekingalpha.comMercadoLibre Stock: As Cheap As Ever (NASDAQ:MELI) - Seeking AlphaJune 20, 2022 | finance.yahoo.comAre Investors Undervaluing MercadoLibre, Inc. (NASDAQ:MELI) By 45%?June 19, 2022 | fool.com1 Fintech Company Dominating in Latin America - The Motley FoolJune 18, 2022 | fool.comBuy the Dip on These 2 Emerging-Market E-Commerce Stocks - The Motley FoolJune 18, 2022 | finance.yahoo.comBuy the Dip on These 2 Emerging-Market E-Commerce StocksJune 17, 2022 | finance.yahoo.comLatin America B2C E-Commerce and Online Payment Market Report 2022: MercadoLibre Leads Online Sales in the Region - Yahoo FinanceJune 16, 2022 | fool.com2 Growth Stocks to Buy and Hold Through Any Market Downturn - The Motley FoolJune 16, 2022 | businessinsider.comJumia, MercadoLibre shares plummet after Amazon global expansion report - Business InsiderSee More Headlines Industry, 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 Founded1999Company Calendar Last Earnings5/05/2022Today7/03/2022Next Earnings (Estimated)8/03/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$1,649.00 High Stock Price Forecast$2,200.00 Low Stock Price Forecast$1,150.00 Forecasted Upside/Downside+149.9%Consensus RatingModerate Buy Rating Score (0-4)2.91666666666667 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.67 Trailing P/E Ratio179.82 Forward P/E Ratio100.14 P/E GrowthN/ANet Income$83.30 million Net Margins2.30% Pretax Margin4.30% Return on Equity21.93% Return on Assets2.14% Debt Debt-to-Equity Ratio1.66 Current Ratio1.40 Quick Ratio1.36 Sales & Book Value Annual Sales$7.07 billion Price / Sales4.70 Cash Flow$6.80 per share Price / Cash Flow97.00 Book Value$30.97 per share Price / Book21.31Miscellaneous Outstanding Shares50,380,000Free Float50,242,000Market Cap$33.25 billion OptionableOptionable Beta1.62 Social Links MercadoLibre Frequently Asked Questions Should I buy or sell MercadoLibre stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MercadoLibre stock. View analyst ratings for MercadoLibre or view top-rated stocks. What is MercadoLibre's stock price forecast for 2022? 12 Wall Street analysts have issued twelve-month price targets for MercadoLibre's shares. Their MELI stock forecasts range from $1,150.00 to $2,200.00. On average, they predict MercadoLibre's stock price to reach $1,649.00 in the next year. This suggests a possible upside of 149.9% from the stock's current price. View analysts' price targets for MercadoLibre or view top-rated stocks among Wall Street analysts. How has MercadoLibre's stock performed in 2022? MercadoLibre's stock was trading at $1,348.40 at the start of the year. Since then, MELI shares have decreased by 51.1% and is now trading at $659.95. View the best growth stocks for 2022 here. When is MercadoLibre's next earnings date? MercadoLibre is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for MercadoLibre. How were MercadoLibre's earnings last quarter? MercadoLibre, Inc. (NASDAQ:MELI) announced its quarterly earnings data on Thursday, May, 5th. The company reported $1.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.66 by $0.36. The firm had revenue of $2.25 billion for the quarter, compared to analysts' expectations of $2.06 billion. MercadoLibre had a net margin of 2.30% and a trailing twelve-month return on equity of 21.93%. The business's quarterly revenue was up 63.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.31 EPS. View MercadoLibre's earnings history. Who are MercadoLibre's key executives? MercadoLibre's management team includes the following people: Mr. Marcos Eduardo Galperín, Co-Founder, Chairman, CEO & Pres (Age 51, Pay $16.68M)Mr. Pedro Arnt, Exec. VP & CFO (Age 48, Pay $3.5M)Mr. Daniel Rabinovich, Exec. VP & COO (Age 44, Pay $4.92M)Mr. Osvaldo Gimenez, Fintech Pres (Age 51, Pay $4.27M)Mr. Marcelo Melamud, Chief Accounting Officer & Sr. VP (Age 51) (LinkedIn Profile)Ms. Lissa Schreurs, Head of Investor RelationsMr. Jacobo Cohen Imach, Sr. VP, Gen. Counsel & Sec.Mr. Juan Martin De La Serna, Exec. VP of Corp. Affairs & Pres of ArgentinaMr. Ariel Szarfsztejn, Exec. VP of Commerce What is Marcos Galperín's approval rating as MercadoLibre's CEO? 362 employees have rated MercadoLibre CEO Marcos Galperín on Glassdoor.com. Marcos Galperín has an approval rating of 96% among MercadoLibre's employees. This puts Marcos Galperín in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of MercadoLibre's key competitors? Some companies that are related to MercadoLibre include PayPal (PYPL), Pinduoduo (PDD), Fiserv (FISV), Fidelity National Information Services (FIS), Relx (RELX), Uber Technologies (UBER), MSCI (MSCI), Global Payments (GPN), CoStar Group (CSGP), eBay (EBAY), DoorDash (DASH), Broadridge Financial Solutions (BR), Trip.com Group (TCOM), FLEETCOR Technologies (FLT) and Akamai Technologies (AKAM). View all of MELI's competitors. 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), Square (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." How do I buy shares of MercadoLibre? Shares of MELI 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 $659.95. How much money does MercadoLibre make? MercadoLibre (NASDAQ:MELI) has a market capitalization of $33.25 billion and generates $7.07 billion in revenue each year. The company earns $83.30 million in net income (profit) each year or $3.67 on an earnings per share basis. How many employees does MercadoLibre have? MercadoLibre employs 9,471 workers across the globe. When was MercadoLibre founded? MercadoLibre was founded in 1999. How can I contact MercadoLibre? MercadoLibre's mailing address is ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG. The official website for MercadoLibre 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 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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