FY2026 Earnings Forecast for MercadoLibre Issued By Wedbush

MercadoLibre, Inc. (NASDAQ:MELI) – Analysts at Wedbush upped their FY2026 earnings per share estimates for MercadoLibre in a report released on Thursday, February 20th. Wedbush analyst S. Devitt now expects that the company will earn $60.00 per share for the year, up from their prior forecast of $59.20. Wedbush 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.

MELI has been the topic of a number of other research reports. New Street Research raised shares of MercadoLibre from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $2,000.00 to $2,300.00 in a research report on Thursday, January 30th. Bank of America increased their price objective on shares of MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a “buy” rating in a research report on Friday. Citigroup cut their price objective on shares of MercadoLibre from $2,480.00 to $2,450.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Raymond James raised shares of MercadoLibre from an “outperform” rating to a “strong-buy” rating and set a $2,250.00 price objective on the stock in a research report on Tuesday, January 21st. Finally, BTIG Research cut their price objective on shares of MercadoLibre from $2,250.00 to $2,200.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $2,364.06.

MercadoLibre Stock Performance

Shares of MercadoLibre stock opened at $2,223.35 on Monday. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The business has a 50-day moving average price of $1,875.83 and a two-hundred day moving average price of $1,960.50. MercadoLibre has a 1-year low of $1,324.99 and a 1-year high of $2,374.54. The company has a market cap of $112.72 billion, a P/E ratio of 58.97, a PEG ratio of 1.12 and a beta of 1.62.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings results on Thursday, February 20th. The company reported $12.61 earnings per share for the quarter, topping analysts’ consensus estimates of $10.21 by $2.40. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%. The firm had revenue of $6.06 billion during the quarter, compared to the consensus estimate of $5.94 billion.

Institutional Investors Weigh In On MercadoLibre

Several large investors have recently modified their holdings of MELI. Swedbank AB increased its stake in shares of MercadoLibre by 352.8% during the 3rd quarter. Swedbank AB now owns 94,123 shares of the company’s stock worth $193,137,000 after purchasing an additional 73,336 shares during the last quarter. Greenleaf Trust purchased a new position in MercadoLibre in the 3rd quarter valued at approximately $271,000. Tectonic Advisors LLC grew its stake in MercadoLibre by 30.4% in the 3rd quarter. Tectonic Advisors LLC now owns 163 shares of the company’s stock valued at $334,000 after buying an additional 38 shares in the last quarter. Lake Street Advisors Group LLC purchased a new position in MercadoLibre in the 3rd quarter valued at approximately $427,000. Finally, Allworth Financial LP grew its stake in MercadoLibre by 21.1% in the 3rd quarter. Allworth Financial LP now owns 339 shares of the company’s stock valued at $696,000 after buying an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Insiders Place Their Bets

In other news, Director Emiliano Calemzuk sold 50 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were 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 owns 238 shares in the company, valued at $472,425.24. This trade represents a 17.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.06% of the company’s stock.

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.