FY2026 Earnings Estimate for MercadoLibre Issued By Wedbush

MercadoLibre, Inc. (NASDAQ:MELI) – Wedbush boosted their FY2026 earnings per share estimates for MercadoLibre in a report issued on Thursday, February 20th. Wedbush analyst S. Devitt now expects that the company will post earnings of $60.00 per share for the year, up from their prior forecast of $59.20. Wedbush currently has a “Outperform” rating and a $2,100.00 target price on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share.

Several other research firms have also issued reports on MELI. Bank of America upped their target price on MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a “buy” rating in a report on Friday. Citigroup dropped their target price on MercadoLibre from $2,480.00 to $2,450.00 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Susquehanna upped their target price on MercadoLibre from $2,350.00 to $2,760.00 and gave the stock a “positive” rating in a report on Friday. JPMorgan Chase & Co. dropped their target price on MercadoLibre from $2,150.00 to $1,950.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Finally, BTIG Research dropped their target price on MercadoLibre from $2,250.00 to $2,200.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $2,364.06.

MercadoLibre Stock Performance

Shares of MercadoLibre stock opened at $2,260.00 on Monday. The firm has a market cap of $114.58 billion, a price-to-earnings ratio of 59.95, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The stock’s 50-day moving average is $1,867.29 and its 200-day moving average is $1,958.01. MercadoLibre has a one year low of $1,324.99 and a one year high of $2,374.54. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings results on Thursday, February 20th. The company reported $12.61 EPS 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 analyst estimates of $5.94 billion. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%.

Insider Buying and Selling

In other MercadoLibre news, Director Emiliano Calemzuk sold 50 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $1,984.98, for a total transaction of $99,249.00. Following the completion of the sale, the director now directly owns 238 shares in the company, valued at $472,425.24. This represents a 17.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.06% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On MercadoLibre

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mackenzie Financial Corp lifted its stake in MercadoLibre by 48.4% during the fourth quarter. Mackenzie Financial Corp now owns 497 shares of the company’s stock worth $845,000 after purchasing an additional 162 shares during the last quarter. ARQ Wealth Advisors LLC lifted its stake in MercadoLibre by 16.0% during the fourth quarter. ARQ Wealth Advisors LLC now owns 174 shares of the company’s stock worth $296,000 after purchasing an additional 24 shares during the last quarter. Toronto Dominion Bank lifted its stake in shares of MercadoLibre by 9.5% in the 4th quarter. Toronto Dominion Bank now owns 6,533 shares of the company’s stock valued at $11,109,000 after acquiring an additional 566 shares during the last quarter. Blue Sky Capital Consultants Group Inc. acquired a new stake in shares of MercadoLibre during the 4th quarter valued at $2,500,000. Finally, Formidable Asset Management LLC boosted its holdings in shares of MercadoLibre by 3.2% during the 4th quarter. Formidable Asset Management LLC now owns 160 shares of the company’s stock valued at $272,000 after acquiring an additional 5 shares in the last quarter. 87.62% of the stock is currently owned by institutional investors.

MercadoLibre Company Profile

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.