MercadoLibre Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MercadoLibre stock.
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Wall Street analysts have given MercadoLibre a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MercadoLibre wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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MercadoLibre is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for MercadoLibre.

MercadoLibre, Inc. (NASDAQ:MELI) issued its quarterly earnings data on Wednesday, May, 5th. The company reported ($0.68) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.95. The business earned $1.38 billion during the quarter, compared to the consensus estimate of $1.19 billion. MercadoLibre had a positive trailing twelve-month return on equity of 2.75% and a negative net margin of 0.29%.
View MercadoLibre's earnings history.

MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MELI shares have increased by 197.2% and is now trading at $1,636.60.
View which stocks have been most impacted by COVID-19.

17 analysts have issued 12 month price targets for MercadoLibre's shares. Their forecasts range from $1,300.00 to $2,250.00. On average, they anticipate MercadoLibre's stock price to reach $1,834.94 in the next year. This suggests a possible upside of 12.1% from the stock's current price.
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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 Accenture (ACN), Pinduoduo (PDD), Fidelity National Information Services (FIS), Uber Technologies (UBER), Global Payments (GPN), Relx (RELX), eBay (EBAY), MSCI (MSCI), DiDi Global (DIDI), CoStar Group (CSGP), Zillow Group (ZG), Zillow Group (Z), Etsy (ETSY), FLEETCOR Technologies (FLT) and Broadridge Financial Solutions (BR).
View all of MELI's competitors.

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.com (CRM), The Trade Desk (TTD) and The Walt Disney (DIS).

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

MercadoLibre's stock is owned by a variety of institutional and retail investors. Top institutional investors include Tybourne Capital Management HK Ltd. (0.47%), DAVENPORT & Co LLC (0.17%), BW Gestao de Investimentos Ltda. (0.03%), Teamwork Financial Advisors LLC (0.01%), IFM Investors Pty Ltd (0.01%) and Oregon Public Employees Retirement Fund (0.01%). Company insiders that own MercadoLibre stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk and Meyer Malka.
View institutional ownership trends for MercadoLibre.

MELI stock was sold by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, XR Securities LLC, Traynor Capital Management Inc., Harel Insurance Investments & Financial Services Ltd., Teamwork Financial Advisors LLC, Veracity Capital LLC, Cumberland Advisors Inc., and Confluence Investment Management LLC. Company insiders that have sold MercadoLibre company stock in the last year include Alejandro Nicolas Aguzin, and Emiliano Calemzuk.
View insider buying and selling activity for MercadoLibre or view top insider-selling stocks.

MELI stock was acquired by a variety of institutional investors in the last quarter, including Tybourne Capital Management HK Ltd., DAVENPORT & Co LLC, BW Gestao de Investimentos Ltda., IFM Investors Pty Ltd, Altfest L J & Co. Inc., Gradient Investments LLC, Jeppson Wealth Management LLC, and Fulton Bank N.A.. Company insiders that have bought MercadoLibre stock in the last two years include Emiliano Calemzuk, and Meyer Malka.
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 $1,636.60.

MercadoLibre has a market capitalization of $81.59 billion and generates $3.97 billion in revenue each year. The company earns $-710,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.

MercadoLibre employs 5,201 workers across the globe.

MercadoLibre was founded in 1999.

The official website for MercadoLibre is www.mercadolibre.com.

MercadoLibre is headquartered at ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG.

MercadoLibre's mailing address is ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG. The company can be reached via phone at 541146408000 or via email at [email protected]