MercadoLibre Stock Forecast, Price & News

17 Wall Street equities research 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 equities research analysts is that investors should "buy" MercadoLibre stock.
View analyst ratings for MercadoLibre or view top-rated stocks.

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

MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MELI shares have increased by 186.7% and is now trading at $1,578.65.
View which stocks have been most impacted by COVID-19.

17 equities research analysts have issued 12-month target prices for MercadoLibre's shares. Their forecasts range from $1,300.00 to $2,250.00. On average, they expect MercadoLibre's stock price to reach $1,834.94 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
View analysts' price targets for MercadoLibre or view top-rated stocks among Wall Street analysts.

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), Relx (RELX), Global Payments (GPN), MSCI (MSCI), DiDi Global (DIDI), eBay (EBAY), CoStar Group (CSGP), Zillow Group (ZG), Zillow Group (Z), Etsy (ETSY), FLEETCOR Technologies (FLT) and Broadridge Financial Solutions (BR).
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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.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 many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (9.23%), Sumitomo Mitsui Trust Holdings Inc. (0.85%), Truxt Investmentos Ltda. (0.51%), Tybourne Capital Management HK Ltd. (0.47%), Fisher Asset Management LLC (0.45%) and Genesis Investment Management LLP (0.19%). 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 Baillie Gifford & Co., Ardevora Asset Management LLP, Truxt Investmentos Ltda., Oregon Public Employees Retirement Fund, Fisher Asset Management LLC, XR Securities LLC, Traynor Capital Management Inc., and Zweig DiMenna Associates 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 bought by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Genesis Investment Management LLP, Tybourne Capital Management HK Ltd., Coronation Fund Managers Ltd., NZS Capital LLC, DAVENPORT & Co LLC, BW Gestao de Investimentos Ltda., and State of Michigan Retirement System. 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 $1,578.65.

MercadoLibre has a market capitalization of $78.70 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]