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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
The ONLY Way to Play Markets Like These (Ad)pixel
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The ONLY Way to Play Markets Like These (Ad)pixel
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
The ONLY Way to Play Markets Like These (Ad)pixel
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The ONLY Way to Play Markets Like These (Ad)pixel
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
The ONLY Way to Play Markets Like These (Ad)pixel
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The ONLY Way to Play Markets Like These (Ad)pixel
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
NASDAQ:MELI

MercadoLibre - MELI Stock Forecast, Price & News

$977.52
-20.38 (-2.04%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$975.46
$995.00
50-Day Range
$612.70
$1,082.66
52-Week Range
$600.68
$1,970.13
Volume
538,907 shs
Average Volume
653,428 shs
Market Capitalization
$49.21 billion
P/E Ratio
206.66
Dividend Yield
N/A
Price Target
$1,388.18

MercadoLibre MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
42.0% Upside
$1,388.18 Price Target
Short Interest
Healthy
2.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.00
Upright™ Environmental Score
News Sentiment
0.52mentions of MercadoLibre in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
88.24%
From $7.48 to $14.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Retail/Wholesale Sector

65th out of 218 stocks

Business Services, Not Elsewhere Classified Industry

27th out of 107 stocks

MELI stock logo

About MercadoLibre (NASDAQ:MELI) Stock

MercadoLibre, 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.

MercadoLibre Stock Down 2.0 %

MercadoLibre stock opened at $977.52 on Friday. The firm has a market cap of $49.21 billion, a PE ratio of 206.66 and a beta of 1.68. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.27 and a current ratio of 1.30. The firm's 50 day moving average price is $779.72 and its two-hundred day moving average price is $924.17. MercadoLibre has a twelve month low of $600.68 and a twelve month high of $1,970.13.

MercadoLibre (NASDAQ:MELI - Get Rating) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $2.43 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.75. MercadoLibre had a net margin of 2.68% and a return on equity of 19.66%. During the same period last year, the firm posted $1.37 EPS. On average, research analysts predict that MercadoLibre will post 7.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MELI. Credit Suisse Group upped their price target on shares of MercadoLibre from $1,430.00 to $1,470.00 and gave the stock an "outperform" rating in a research note on Thursday, August 4th. JPMorgan Chase & Co. increased their target price on shares of MercadoLibre from $1,300.00 to $1,350.00 in a research note on Monday, August 8th. Barclays cut their target price on shares of MercadoLibre from $1,500.00 to $1,250.00 and set an "overweight" rating for the company in a research note on Thursday, August 4th. KGI Securities began coverage on shares of MercadoLibre in a research note on Monday, June 6th. They set an "outperform" rating for the company. Finally, Stifel Nicolaus cut their target price on shares of MercadoLibre from $1,200.00 to $1,000.00 in a research note on Friday, July 15th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, MercadoLibre presently has a consensus rating of "Moderate Buy" and an average price target of $1,388.18.

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MELI Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
What Are Whales Doing With MercadoLibre
MercadoLibre: Powerful Growth And Cheap Valuation
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of 
Options expert Jeff Clark is on a mission to show every American at or near retirement how easy it is to trade options. Watch his 32-second options trading "training video" here. pixel
Why MercadoLibre Stock Was Punished by 5.3% Today
Is This Competitor Coming for MercadoLibre Stock?
Nasdaq Bear Market: 3 Stocks I'd Buy With No Hesitation
See More Headlines
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MELI Company Calendar

Last Earnings
8/03/2022
Today
8/19/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:MELI
Employees
9,471
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$1,388.18
High Stock Price Forecast
$2,100.00
Low Stock Price Forecast
$800.00
Forecasted Upside/Downside
+42.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$83.30 million
Pretax Margin
4.15%

Debt

Sales & Book Value

Annual Sales
$7.07 billion
Cash Flow
$6.66 per share
Book Value
$31.39 per share

Miscellaneous

Free Float
50,202,000
Market Cap
$49.21 billion
Optionable
Optionable
Beta
1.68

Social Links


Key Executives

  • Mr. Marcos Eduardo Galperín (Age 51)
    Co-Founder, Chairman, CEO & Pres
    Comp: $16.68M
  • Mr. Pedro ArntMr. Pedro Arnt (Age 48)
    Exec. VP & CFO
    Comp: $3.5M
  • Mr. Daniel RabinovichMr. Daniel Rabinovich (Age 44)
    Exec. VP & COO
    Comp: $4.92M
  • Mr. Osvaldo Gimenez (Age 51)
    Fintech Pres
    Comp: $4.27M
  • Mr. Marcelo MelamudMr. Marcelo Melamud (Age 51)
    Chief Accounting Officer & Sr. VP
  • Ms. Lissa Schreurs
    Head of Investor Relations
  • Mr. Jacobo Cohen Imach
    Sr. VP, Gen. Counsel & Sec.
  • Mr. Juan Martin De La Serna
    Exec. VP of Corp. Affairs & Pres of Argentina
  • Mr. Ariel Szarfsztejn
    Exec. VP of Commerce













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 year. 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 2022?

11 Wall Street analysts have issued 12 month price objectives for MercadoLibre's shares. Their MELI share price forecasts range from $800.00 to $2,100.00. On average, they predict the company's stock price to reach $1,388.18 in the next year. This suggests a possible upside of 42.0% 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 2022?

MercadoLibre's stock was trading at $1,348.40 at the beginning of 2022. Since then, MELI stock has decreased by 27.5% and is now trading at $977.52.
View the best growth stocks for 2022 here
.

When is MercadoLibre's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MELI earnings forecast
.

How were MercadoLibre's earnings last quarter?

MercadoLibre, Inc. (NASDAQ:MELI) posted its earnings results on Wednesday, August, 3rd. The company reported $2.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.75. MercadoLibre had a trailing twelve-month return on equity of 19.66% and a net margin of 2.68%. During the same quarter in the prior year, the company posted $1.37 earnings per share.

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. (10.77%), Jennison Associates LLC (3.98%), JPMorgan Chase & Co. (3.29%), Sands Capital Management LLC (2.58%), UBS Asset Management Americas Inc. (1.31%) and Franklin Resources Inc. (1.04%). 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 $977.52.

How much money does MercadoLibre make?

MercadoLibre (NASDAQ:MELI) has a market capitalization of $49.21 billion and generates $7.07 billion in revenue each year. The company earns $83.30 million in net income (profit) each year or $4.73 on an earnings per share basis.

How many employees does MercadoLibre have?

The company 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 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 8/19/2022 by MarketBeat.com Staff

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