MercadoLibre Stock Forecast, Price & News

MercadoLibre (NASDAQ:MELI) Frequently Asked Questions

Is MercadoLibre a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last twelve months. There are currently 2 hold ratings and 14 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.

What stocks does MarketBeat like better than MercadoLibre?

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.
View MarketBeat's top stock picks here.

When is MercadoLibre's next earnings date?

MercadoLibre is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for MercadoLibre.

How were MercadoLibre's earnings last quarter?

MercadoLibre, Inc. (NASDAQ:MELI) issued its quarterly earnings data on Wednesday, August, 4th. The company reported $1.37 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $1.28. The company earned $1.70 billion during the quarter, compared to analyst estimates of $1.48 billion. MercadoLibre had a positive trailing twelve-month return on equity of 5.55% and a negative net margin of 0.02%. The firm's revenue for the quarter was up 93.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.11 EPS.
View MercadoLibre's earnings history.

How has MercadoLibre's stock been impacted by Coronavirus (COVID-19)?

MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MELI shares have increased by 221.1% and is now trading at $1,768.15.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MELI?

16 brokers have issued 1-year price targets for MercadoLibre's stock. Their forecasts range from $1,450.00 to $2,250.00. On average, they anticipate MercadoLibre's stock price to reach $1,901.88 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price.
View analysts' price targets for MercadoLibre or view top-rated stocks among Wall Street analysts.

Who are MercadoLibre's key executives?

MercadoLibre's management team includes the following people:

• Marcos Eduardo Galperin, Chairman, President & Chief Executive Officer
• Daniel Rabinovich, Chief Operating Officer & Executive Vice President
• Pedro Arnt, Chief Financial Officer & Executive Vice President
• Marcelo Melamud, Chief Accounting Officer & Senior Vice President
• Jacobo Cohen Imach, Secretary, Vice President & General Counsel

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), Accenture (ACN), Pinduoduo (PDD), Uber Technologies (UBER), Fidelity National Information Services (FIS), Relx (RELX), MSCI (MSCI), Global Payments (GPN), eBay (EBAY), DiDi Global (DIDI), CoStar Group (CSGP), Affirm (AFRM), Etsy (ETSY), Zillow Group (ZG) and Zillow Group (Z).
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.com (CRM), The Trade Desk (TTD) and The 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 variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (9.23%), WCM Investment Management LLC (3.46%), Jennison Associates LLC (3.01%), Morgan Stanley (1.26%), Capital International Investors (0.90%) and Citadel Advisors LLC (0.00%). Company insiders that own MercadoLibre stock include Alejandro Nicolas Aguzin, Emiliano Calemzuk, Henrique Vasoncelos Dubugras 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 Wells Fargo & Company MN, Parallax Volatility Advisers L.P., Whale Rock Capital Management LLC, WCM Investment Management LLC, Citadel Advisors LLC, Goldman Sachs Group Inc., Dynamo Administracao de Recursos Ltda., and Credit Suisse AG.
View insider buying and selling activity for MercadoLibre or view top insider-selling stocks.

Which institutional investors are buying MercadoLibre stock?

MELI stock was purchased by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Genesis Investment Management LLP, Tybourne Capital Management HK Ltd., Millennium Management LLC, Macquarie Group Ltd., SPX Equities Gestao de Recursos Ltda, and Capital International Investors. Company insiders that have bought MercadoLibre stock in the last two years include Emiliano Calemzuk, Henrique Vasoncelos Dubugras, and Meyer Malka.
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.
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What is MercadoLibre's stock price today?

One share of MELI stock can currently be purchased for approximately $1,768.15.

How much money does MercadoLibre make?

MercadoLibre has a market capitalization of $87.90 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.

How many employees does MercadoLibre have?

MercadoLibre employs 5,201 workers across the globe.

When was MercadoLibre founded?

MercadoLibre was founded in 1999.

What is MercadoLibre's official website?

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

Where are MercadoLibre's headquarters?

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

How can I contact MercadoLibre?

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].