Q1 Earnings Forecast for MercadoLibre Issued By Wedbush

MercadoLibre, Inc. (NASDAQ:MELI) – Research analysts at Wedbush decreased their Q1 2025 EPS estimates for shares of MercadoLibre in a research note issued on Monday, January 6th. Wedbush analyst S. Devitt now expects that the company will post earnings per share of $6.00 for the quarter, down from their previous forecast of $7.29. 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 $33.70 per share. Wedbush also issued estimates for MercadoLibre’s Q2 2025 earnings at $8.18 EPS, Q4 2025 earnings at $14.39 EPS and FY2026 earnings at $59.20 EPS.

Several other analysts also recently commented on the company. Morgan Stanley reduced their target price on MercadoLibre from $2,500.00 to $2,450.00 and set an “overweight” rating for the company in a research note on Monday, November 11th. BTIG Research decreased their price objective on MercadoLibre from $2,250.00 to $2,200.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Raymond James started coverage on MercadoLibre in a report on Friday, September 27th. They issued an “outperform” rating and a $2,350.00 target price on the stock. Redburn Atlantic initiated coverage on shares of MercadoLibre in a report on Friday, October 11th. They set a “buy” rating and a $2,800.00 price objective for the company. Finally, Cantor Fitzgerald dropped their price target on shares of MercadoLibre from $2,530.00 to $2,300.00 and set an “overweight” rating on the stock in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, MercadoLibre has an average rating of “Moderate Buy” and an average price target of $2,247.67.

MercadoLibre Stock Down 1.8 %

Shares of NASDAQ MELI opened at $1,739.00 on Wednesday. MercadoLibre has a 12-month low of $1,324.99 and a 12-month high of $2,161.73. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.78. The firm has a market cap of $88.16 billion, a PE ratio of 61.36, a P/E/G ratio of 1.24 and a beta of 1.60. The company’s fifty day simple moving average is $1,877.75 and its 200 day simple moving average is $1,896.53.

Insider Buying and Selling at MercadoLibre

In related news, Director Emiliano Calemzuk sold 50 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was 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 in the company, valued at approximately $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 accessible through this link. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of MercadoLibre

Hedge funds have recently made changes to their positions in the company. Rhumbline Advisers raised its stake in MercadoLibre by 4.2% in the 2nd quarter. Rhumbline Advisers now owns 10,723 shares of the company’s stock valued at $17,622,000 after acquiring an additional 430 shares during the period. Victory Capital Management Inc. boosted its holdings in MercadoLibre by 0.7% in the 2nd quarter. Victory Capital Management Inc. now owns 24,214 shares of the company’s stock worth $39,793,000 after buying an additional 176 shares during the period. Private Advisor Group LLC grew its stake in MercadoLibre by 75.5% in the 2nd quarter. Private Advisor Group LLC now owns 972 shares of the company’s stock valued at $1,597,000 after buying an additional 418 shares in the last quarter. Savant Capital LLC lifted its position in shares of MercadoLibre by 13.5% during the second quarter. Savant Capital LLC now owns 295 shares of the company’s stock worth $485,000 after acquiring an additional 35 shares in the last quarter. Finally, Asset Dedication LLC boosted its holdings in shares of MercadoLibre by 1,050.0% in the second quarter. Asset Dedication LLC now owns 92 shares of the company’s stock worth $151,000 after acquiring an additional 84 shares during the period. 87.62% of the stock is currently owned by institutional investors.

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.