MercadoLibre (NASDAQ: MELI) has recently received a number of price target changes and ratings updates:
- 5/14/2025 – MercadoLibre had its price target raised by analysts at The Goldman Sachs Group, Inc. from $2,640.00 to $3,000.00. They now have a “buy” rating on the stock.
- 5/8/2025 – MercadoLibre had its price target raised by analysts at Barclays PLC from $2,500.00 to $3,100.00. They now have an “overweight” rating on the stock.
- 5/8/2025 – MercadoLibre was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 5/1/2025 – MercadoLibre had its “overweight” rating reaffirmed by analysts at Morgan Stanley.
- 5/1/2025 – MercadoLibre was downgraded by analysts at Benchmark Co. from a “buy” rating to a “cautious” rating.
- 4/16/2025 – MercadoLibre had its price target lowered by analysts at Cantor Fitzgerald from $3,000.00 to $2,400.00. They now have an “overweight” rating on the stock.
- 4/15/2025 – MercadoLibre had its “buy” rating reaffirmed by analysts at Citigroup Inc..
- 4/15/2025 – MercadoLibre is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $2,500.00 price target on the stock.
- 4/10/2025 – MercadoLibre had its price target lowered by analysts at Morgan Stanley from $2,650.00 to $2,560.00. They now have an “overweight” rating on the stock.
MercadoLibre Trading Up 0.9%
Shares of MercadoLibre stock opened at $2,586.49 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22. The business has a fifty day simple moving average of $2,123.15 and a two-hundred day simple moving average of $1,996.02. MercadoLibre, Inc. has a 1 year low of $1,550.00 and a 1 year high of $2,610.30. The company has a market capitalization of $131.13 billion, a price-to-earnings ratio of 68.61, a P/E/G ratio of 1.12 and a beta of 1.61.
MercadoLibre (NASDAQ:MELI – Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $9.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.82 by $1.92. MercadoLibre had a net margin of 9.20% and a return on equity of 51.89%. The company had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.55 billion. During the same quarter last year, the company posted $6.78 EPS. MercadoLibre’s quarterly revenue was up 37.0% compared to the same quarter last year. Research analysts forecast that MercadoLibre, Inc. will post 43.96 EPS for the current year.
Institutional Investors Weigh In On MercadoLibre
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.
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