Wedbush Has Optimistic Outlook of MercadoLibre Q1 Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Equities researchers at Wedbush increased their Q1 2025 earnings per share (EPS) estimates for shares of MercadoLibre in a note issued to investors on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the company will post earnings of $7.51 per share for the quarter, up from their previous estimate of $7.06. Wedbush currently has a “Outperform” rating and a $2,100.00 price target on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share. Wedbush also issued estimates for MercadoLibre’s Q4 2025 earnings at $13.42 EPS.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings results on Thursday, February 20th. The company reported $12.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.21 by $2.40. The business 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%.

Several other analysts have also recently issued reports on the company. New Street Research upgraded MercadoLibre from a “neutral” rating to a “buy” rating and increased their price objective for the company from $2,000.00 to $2,300.00 in a research note on Thursday, January 30th. Benchmark assumed coverage on MercadoLibre in a research note on Tuesday. They issued a “buy” rating and a $2,500.00 price objective for the company. Bank of America boosted their price objective on MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Barclays raised their target price on shares of MercadoLibre from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, Raymond James upgraded shares of MercadoLibre from an “outperform” rating to a “strong-buy” rating and set a $2,250.00 price target for the company in a report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $2,415.94.

MercadoLibre Price Performance

MercadoLibre stock opened at $2,099.37 on Wednesday. The company’s 50 day moving average is $2,042.00 and its two-hundred day moving average is $1,959.90. The firm has a market cap of $106.43 billion, a PE ratio of 55.69, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.78. MercadoLibre has a 52-week low of $1,324.99 and a 52-week high of $2,374.54.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. boosted its holdings in shares of MercadoLibre by 2.5% in the fourth quarter. 1620 Investment Advisors Inc. now owns 203 shares of the company’s stock valued at $346,000 after acquiring an additional 5 shares during the period. Texas Yale Capital Corp. boosted its stake in MercadoLibre by 0.3% during the 4th quarter. Texas Yale Capital Corp. now owns 1,634 shares of the company’s stock worth $2,779,000 after purchasing an additional 5 shares during the period. Meiji Yasuda Life Insurance Co grew its position in MercadoLibre by 0.5% during the 4th quarter. Meiji Yasuda Life Insurance Co now owns 999 shares of the company’s stock worth $1,699,000 after purchasing an additional 5 shares during the last quarter. Formidable Asset Management LLC increased its stake in MercadoLibre by 3.2% in the fourth quarter. Formidable Asset Management LLC now owns 160 shares of the company’s stock valued at $272,000 after purchasing an additional 5 shares during the period. Finally, Revolve Wealth Partners LLC raised its holdings in shares of MercadoLibre by 4.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 118 shares of the company’s stock valued at $201,000 after buying an additional 5 shares during the last quarter. Institutional investors and hedge funds own 87.62% of the company’s stock.

About 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.