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. $655.90 -9.10 (-1.37%) (As of 06/29/2022 02:33 PM ET) Add Compare Share Today's Range$640.08▼$671.0350-Day Range$612.70▼$1,080.1652-Week Range$600.68▼$1,970.13Volume14,886 shsAverage Volume693,559 shsMarket Capitalization$33.04 billionP/E Ratio178.72Dividend YieldN/APrice Target$1,649.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability 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 Stock Forecast (MarketRank)Overall MarketRank™2.31 out of 5 starsRetail/Wholesale Sector123rd out of 283 stocksBusiness Services, Not Elsewhere Classified Industry44th out of 146 stocksAnalyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 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 153.9% from its current price of $649.41.Amount of Analyst CoverageMercadoLibre has only been the subject of 2 research reports in the past 90 days. Previous Next 4.5 Community Rank Outperform VotesMercadoLibre has received 620 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMercadoLibre has received 302 “underperform” votes. (Add your “underperform” vote.)Community SentimentMercadoLibre has received 67.25% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about MercadoLibre and other stocks. Vote “Outperform” if you believe MELI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MELI will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.7 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 176.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.61.Price to Earnings Ratio vs. SectorThe P/E ratio of MercadoLibre is 176.95, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 14.72.Price to Book Value per Share RatioMercadoLibre has a P/B Ratio of 20.97. 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)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.Read More MELI Stock News HeadlinesJune 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%?See 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 Earnings5/05/2022Today6/29/2022Next 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+151.4%Consensus RatingModerate Buy Rating Score (0-4)2.91666666666667 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.67 Trailing P/E Ratio178.72 Forward P/E Ratio99.53 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 / Sales4.67 Cash Flow$6.03 per share Price / Cash Flow108.69 Book Value$30.97 per share Price / Book21.18Miscellaneous Outstanding Shares50,378,000Free Float50,242,000Market Cap$33.04 billion OptionableOptionable Beta1.58 Social Links MercadoLibre Frequently Asked Questions Should I buy or sell MercadoLibre stock right now? 12 Wall Street equities 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 equities 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 brokers have issued 12 month price objectives for MercadoLibre's shares. Their MELI stock forecasts range from $1,150.00 to $2,200.00. On average, they expect MercadoLibre's share price to reach $1,649.00 in the next year. This suggests a possible upside of 151.4% 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 price performed in 2022? MercadoLibre's stock was trading at $1,348.40 at the beginning of 2022. Since then, MELI stock has decreased by 51.4% and is now trading at $655.90. View the best growth stocks for 2022 here. Are investors shorting MercadoLibre? MercadoLibre saw a decline in short interest in June. As of June 15th, there was short interest totaling 896,200 shares, a decline of 28.3% from the May 31st total of 1,250,000 shares. Based on an average daily volume of 632,500 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.2% of the company's stock are short sold. View MercadoLibre's Short Interest. 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) issued its quarterly earnings data on Thursday, May, 5th. The company reported $1.30 earnings per share 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 the consensus estimate of $2.06 billion. MercadoLibre had a net margin of 2.30% and a trailing twelve-month return on equity of 21.93%. MercadoLibre's revenue for the quarter was up 63.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 earnings per share. 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), eBay (EBAY), CoStar Group (CSGP), 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." Who are MercadoLibre's major shareholders? MercadoLibre's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (9.99%), Capital Research Global Investors (8.31%), Jennison Associates LLC (4.88%), JPMorgan Chase & Co. (3.29%), Sands Capital Management LLC (2.60%) and Capital International Investors (1.86%). Company insiders that own MercadoLibre stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk, Henrique Vasoncelos Dubugras, La Serna Juan Martin De, Marcelo Melamud and Meyer Malka. View institutional ownership trends for MercadoLibre. Which institutional investors are selling MercadoLibre stock? MELI stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Capital Research Global Investors, Royal Bank of Canada, Tybourne Capital Management HK Ltd., Carmignac Gestion, Citigroup Inc., SkyView Investment Advisors LLC, and Invesco Ltd.. Company insiders that have sold MercadoLibre company stock in the last two years include Alejandro Nicolas Aguzin, and Emiliano Calemzuk. View insider buying and selling activity for MercadoLibre or view top insider-selling stocks. Which institutional investors are buying MercadoLibre stock? MELI stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Sands Capital Management LLC, Absoluto Partners Gestao de Recursos Ltda, Dynamo Administracao de Recursos Ltda., Sustainable Growth Advisers LP, Genesis Investment Management LLP, Truxt Investmentos Ltda., and Van ECK Associates Corp. Company insiders that have bought MercadoLibre stock in the last two years include Emiliano Calemzuk, Henrique Vasoncelos Dubugras, La Serna Juan Martin De, and Marcelo Melamud. View insider buying and selling activity for MercadoLibre or or view top insider-buying stocks. 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 $655.90. How much money does MercadoLibre make? MercadoLibre (NASDAQ:MELI) has a market capitalization of $33.04 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 [email protected], or via fax at 54-11-4545-4744. This page (NASDAQ:MELI) was last updated on 6/29/2022 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. 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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