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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:MELI

MercadoLibre Stock Forecast, Price & News

$659.95
+23.08 (+3.62%)
(As of 07/1/2022 05:43 PM ET)
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Today's Range
$631.87
$665.95
50-Day Range
$612.70
$1,041.92
52-Week Range
$600.68
$1,970.13
Volume
521,053 shs
Average Volume
664,429 shs
Market Capitalization
$33.25 billion
P/E Ratio
179.82
Dividend Yield
N/A
Price Target
$1,649.00

MercadoLibre MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
149.9% Upside
$1,649.00 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.00
Upright™ Environmental Score
News Sentiment
0.60mentions of MercadoLibre in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
94.54%
From $6.59 to $12.82 Per Share

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 stars

Retail/Wholesale Sector

115th out of 282 stocks

Business Services, Not Elsewhere Classified Industry

39th out of 145 stocks

30 days | 90 days | 365 days | Advanced Chart

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MercadoLibre 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.

MELI Stock News Headlines

2 Reasons MercadoLibre Can Bounce Back Big Time
Why MercadoLibre Was Rising 16% This Week
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
5/05/2022
Today
7/03/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.91666666666667
Research Coverage
12 Analysts

Profitability

Net Income
$83.30 million
Pretax Margin
4.30%

Debt

Sales & Book Value

Annual Sales
$7.07 billion
Cash Flow
$6.80 per share
Book Value
$30.97 per share

Miscellaneous

Free Float
50,242,000
Market Cap
$33.25 billion
Optionable
Optionable
Beta
1.62

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 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

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.

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

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