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Germany, EU reach agreement in combustion engine row
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Biden's moves on Alaska drilling, TikTok test young voters
Bank Accounts: Frozen! (Ad)
Ruling halts oil exports from Iraq's Kurdish area via Turkey
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Bank Accounts: Frozen! (Ad)
Judge rules online archive's book service violated copyright
Biden's moves on Alaska drilling, TikTok test young voters
Bank Accounts: Frozen! (Ad)
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Finnish leadership condemns attack on veteran lawmaker
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Bank Accounts: Frozen! (Ad)
Judge rules online archive's book service violated copyright
Biden's moves on Alaska drilling, TikTok test young voters
Bank Accounts: Frozen! (Ad)
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Finnish leadership condemns attack on veteran lawmaker
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Bank Accounts: Frozen! (Ad)
Judge rules online archive's book service violated copyright
Biden's moves on Alaska drilling, TikTok test young voters
Bank Accounts: Frozen! (Ad)
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Finnish leadership condemns attack on veteran lawmaker
NASDAQ:MELI

MercadoLibre - MELI Stock Forecast, Price & News

$1,187.28
-4.27 (-0.36%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$1,163.84
$1,197.26
50-Day Range
$1,068.92
$1,264.91
52-Week Range
$600.68
$1,275.82
Volume
424,646 shs
Average Volume
549,601 shs
Market Capitalization
$59.67 billion
P/E Ratio
124.45
Dividend Yield
N/A
Price Target
$1,305.00

MercadoLibre MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
9.9% Upside
$1,305.00 Price Target
Short Interest
Healthy
2.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.48
Upright™ Environmental Score
News Sentiment
0.62mentions of MercadoLibre in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$188,400 Sold Last Quarter
Proj. Earnings Growth
60.45%
From $14.97 to $24.02 Per Share

Overall MarketRank

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

1.90 out of 5 stars

Retail/Wholesale Sector

154th out of 209 stocks

Business Services, Not Elsewhere Classified Industry

66th out of 92 stocks


MELI stock logo

About MercadoLibre (NASDAQ:MELI) Stock

MercadoLibre, 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.

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MELI Stock News Headlines

Stock Split Watch: Is MercadoLibre Stock Next?
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
StockNews.com Initiates Coverage on MercadoLibre (NASDAQ:MELI)
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Bull of the Day: MercadoLibre (MELI)
MercadoLibre Stock Just Flashed a Huge Buy Signal
Best Stock to Buy: MercadoLibre Stock vs. Pinterest Stock
MercadoLibre (MELI) Q4 2022 Earnings Call Transcript
Why MercadoLibre (MELI) Might be Well Poised for a Surge
See More Headlines
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MELI Company Calendar

Last Earnings
2/23/2023
Today
3/25/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:MELI
Employees
13,856
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$1,305.00
High Stock Price Forecast
$1,685.00
Low Stock Price Forecast
$970.00
Forecasted Upside/Downside
+9.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$482 million
Pretax Margin
7.40%

Debt

Sales & Book Value

Annual Sales
$10.54 billion
Cash Flow
$17.60 per share
Book Value
$36.33 per share

Miscellaneous

Free Float
50,122,000
Market Cap
$59.67 billion
Optionable
Optionable
Beta
1.59

Social Links


Key Executives

  • Marcos Eduardo GalperinMarcos Eduardo Galperin
    Chairman, President & Chief Executive Officer
  • Daniel RabinovichDaniel Rabinovich
    Chief Operating Officer & Executive Vice President
  • Pedro Dornelles Arnt
    Chief Financial Officer & Executive Vice President
  • Marcelo MelamudMarcelo Melamud
    Chief Accounting Officer & Senior Vice President
  • Jacobo Cohen Imach
    Secretary, Senior Vice President & General Counsel













MELI Stock - Frequently Asked Questions

Should I buy or sell MercadoLibre stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 1 hold rating and 6 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?

7 Wall Street research analysts have issued 12-month price targets for MercadoLibre's shares. Their MELI share price forecasts range from $970.00 to $1,685.00. On average, they anticipate the company's share price to reach $1,305.00 in the next twelve months. This suggests a possible upside of 9.9% 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 40.3% and is now trading at $1,187.28.
View the best growth stocks for 2023 here
.

When is MercadoLibre's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our MELI earnings forecast
.

How were MercadoLibre's earnings last quarter?

MercadoLibre, Inc. (NASDAQ:MELI) issued its earnings results on Thursday, February, 23rd. The company reported $3.25 earnings per share for the quarter, topping the consensus estimate of $2.11 by $1.14. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.96 billion. MercadoLibre had a trailing twelve-month return on equity of 29.09% and a net margin of 4.57%. The company's revenue for the quarter was up 40.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.92) 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 many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (12.19%), Morgan Stanley (5.42%), Jennison Associates LLC (4.37%), Sands Capital Management LLC (2.48%), Generation Investment Management LLP (1.41%) and Franklin Resources Inc. (1.11%). Insiders that own company stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk, Henrique Vasoncelos Dubugras, La Serna Juan Martin De and Marcelo Melamud.
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 $1,187.28.

How much money does MercadoLibre make?

MercadoLibre (NASDAQ:MELI) has a market capitalization of $59.67 billion and generates $10.54 billion in revenue each year. The company earns $482 million in net income (profit) each year or $9.54 on an earnings per share basis.

How many employees does MercadoLibre have?

The company employs 13,856 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 3/26/2023 by MarketBeat.com Staff