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NASDAQ:MELI

MercadoLibre - MELI Stock Forecast, Price & News

$1,194.11
-26.31 (-2.16%)
(As of 03/22/2023 03:58 PM ET)
Add
Compare
Today's Range
$1,190.30
$1,225.65
50-Day Range
$936.80
$1,264.91
52-Week Range
$600.68
$1,275.82
Volume
340,216 shs
Average Volume
559,031 shs
Market Capitalization
$60.01 billion
P/E Ratio
125.17
Dividend Yield
N/A
Price Target
$1,305.00

MercadoLibre MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
8.0% Upside
$1,305.00 Price Target
Short Interest
Healthy
2.08% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.48
Upright™ Environmental Score
News Sentiment
0.58mentions of MercadoLibre in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$188,400 Sold Last Quarter
Proj. Earnings Growth
56.08%
From $15.96 to $24.91 Per Share

Overall MarketRank

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

2.18 out of 5 stars

Retail/Wholesale Sector

133rd out of 207 stocks

Business Services, Not Elsewhere Classified Industry

59th out of 90 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

Fed's Shocking New Plan to Control Your Money
The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
StockNews.com Initiates Coverage on MercadoLibre (NASDAQ:MELI)
Fed's Shocking New Plan to Control Your Money
The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
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
3/22/2023
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
+8.1%
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
$17.69 per share
Book Value
$36.33 per share

Miscellaneous

Free Float
50,122,000
Market Cap
$60.70 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 analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street 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 target prices for MercadoLibre's stock. Their MELI share price forecasts range from $970.00 to $1,685.00. On average, they expect the company's share price to reach $1,305.00 in the next year. This suggests a possible upside of 6.9% 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 start of the year. Since then, MELI shares have increased by 44.2% and is now trading at $1,220.42.
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) announced its quarterly earnings results on Thursday, February, 23rd. The company reported $3.25 EPS for the quarter, topping the consensus estimate of $2.11 by $1.14. The business earned $3 billion during the quarter, compared to the consensus estimate of $2.96 billion. MercadoLibre had a net margin of 4.57% and a trailing twelve-month return on equity of 29.09%. The company's revenue was up 40.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.92) earnings per share.

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 $1,220.42.

How much money does MercadoLibre make?

MercadoLibre (NASDAQ:MELI) has a market capitalization of $61.34 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 3/22/2023 by MarketBeat.com Staff