Recent Analysts’ Ratings Updates for MercadoLibre (MELI)

MercadoLibre (NASDAQ: MELI) has recently received a number of price target changes and ratings updates:

• 2/21/2025 – MercadoLibre had its price target raised by analysts at Susquehanna from $2,350.00 to $2,760.00. They now have a “positive” rating on the stock.
• 2/21/2025 – MercadoLibre had its price target raised by analysts at Cantor Fitzgerald from $2,150.00 to $3,000.00. They now have an “overweight” rating on the stock.
• 2/21/2025 – MercadoLibre had its price target raised by analysts at Barclays PLC from $2,200.00 to $2,500.00. They now have an “overweight” rating on the stock.
• 2/21/2025 – MercadoLibre had its price target raised by analysts at Bank of America Co. from $2,500.00 to $3,000.00. They now have a “buy” rating on the stock.
• 1/30/2025 – MercadoLibre was upgraded by analysts at New Street Research from a “neutral” rating to a “buy” rating. They now have a $2,300.00 price target on the stock, up previously from $2,000.00.
• 1/21/2025 – MercadoLibre was upgraded by analysts at Raymond James from an “outperform” rating to a “strong-buy” rating. They now have a $2,250.00 price target on the stock.
• 1/8/2025 – MercadoLibre had its price target lowered by analysts at JPMorgan Chase & Co. from $2,150.00 to $1,950.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – MercadoLibre had its price target lowered by analysts at Wedbush from $2,200.00 to $2,100.00. They now have an “outperform” rating on the stock.

MercadoLibre Stock Performance

NASDAQ:MELI opened at $2,223.35 on Tuesday. The stock has a 50-day simple moving average of $1,875.83 and a two-hundred day simple moving average of $1,960.50. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25. MercadoLibre, Inc. has a 52-week low of $1,324.99 and a 52-week high of $2,374.54. The firm has a market capitalization of $112.72 billion, a PE ratio of 58.97, a P/E/G ratio of 1.12 and a beta of 1.62.

MercadoLibre (NASDAQ:MELI) last released its earnings results on Thursday, February 20th. The company reported $12.61 earnings per share for the quarter, beating analysts’ consensus estimates of $10.21 by $2.40. The company had revenue of $6.06 billion for the quarter, compared to analysts’ expectations of $5.94 billion. MercadoLibre had a net margin of 9.20% and a return on equity of 51.89%. Analysts forecast that MercadoLibre, Inc. will post 43.96 EPS for the current year.

Insider Transactions at MercadoLibre

In other news, Director Emiliano Calemzuk sold 50 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $1,984.98, for a total value of $99,249.00. Following the transaction, the director now owns 238 shares of the company’s stock, valued at approximately $472,425.24. The trade was a 17.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of MercadoLibre

A number of institutional investors and hedge funds have recently bought and sold shares of MELI. Planning Capital Management Corp grew its position in MercadoLibre by 9.1% in the third quarter. Planning Capital Management Corp now owns 60 shares of the company’s stock worth $123,000 after acquiring an additional 5 shares in the last quarter. Mount Lucas Management LP boosted its holdings in shares of MercadoLibre by 3.6% in the 3rd quarter. Mount Lucas Management LP now owns 143 shares of the company’s stock worth $293,000 after purchasing an additional 5 shares during the period. 1620 Investment Advisors Inc. increased its position in shares of MercadoLibre by 2.5% during the 4th quarter. 1620 Investment Advisors Inc. now owns 203 shares of the company’s stock valued at $346,000 after purchasing an additional 5 shares during the last quarter. Texas Yale Capital Corp. raised its holdings in MercadoLibre by 0.3% during the 4th quarter. Texas Yale Capital Corp. now owns 1,634 shares of the company’s stock valued at $2,779,000 after buying an additional 5 shares during the period. Finally, Meiji Yasuda Life Insurance Co lifted its position in MercadoLibre by 0.5% in the fourth quarter. Meiji Yasuda Life Insurance Co now owns 999 shares of the company’s stock worth $1,699,000 after buying an additional 5 shares during the last quarter. 87.62% of the stock is currently owned by institutional investors.

MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.