MercadoLibre Stock Forecast, Price & News

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.
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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.
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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.
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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.

MercadoLibre is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for MercadoLibre.

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.

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.

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).
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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).

MercadoLibre trades on the NASDAQ under the ticker symbol "MELI."

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.

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.

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.

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.
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One share of MELI stock can currently be purchased for approximately $655.90.

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.

MercadoLibre employs 9,471 workers across the globe.

MercadoLibre was founded in 1999.

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.