Wedbush Issues Optimistic Estimate for MercadoLibre Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Analysts at Wedbush increased their Q1 2025 earnings per share 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 prior forecast of $7.06. Wedbush has a “Outperform” rating and a $2,100.00 price objective 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.

A number of other research firms also recently weighed in on MELI. Susquehanna boosted their target price on MercadoLibre from $2,350.00 to $2,760.00 and gave the stock a “positive” rating in a research report on Friday, February 21st. Raymond James upgraded MercadoLibre from an “outperform” rating to a “strong-buy” rating and set a $2,250.00 price objective on the stock in a report on Tuesday, January 21st. Bank of America raised their price target on shares of MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a “buy” rating in a report on Friday, February 21st. New Street Research upgraded shares of MercadoLibre from a “neutral” rating to a “buy” rating and increased their target price for the stock from $2,000.00 to $2,300.00 in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. boosted their price target on MercadoLibre from $1,950.00 to $2,300.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $2,379.71.

MercadoLibre Stock Down 2.5 %

Shares of NASDAQ:MELI opened at $2,064.37 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25. The firm has a fifty day moving average of $2,040.86 and a 200 day moving average of $1,959.57. MercadoLibre has a 52-week low of $1,324.99 and a 52-week high of $2,374.54. The firm has a market capitalization of $104.66 billion, a PE ratio of 54.76, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62.

MercadoLibre (NASDAQ:MELI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $12.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.21 by $2.40. The company had revenue of $6.06 billion during 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%.

Institutional Trading of MercadoLibre

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital International Investors lifted its position in shares of MercadoLibre by 38.7% during the 4th quarter. Capital International Investors now owns 1,687,114 shares of the company’s stock valued at $2,868,869,000 after buying an additional 470,829 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of MercadoLibre by 41.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,394,255 shares of the company’s stock worth $2,370,848,000 after purchasing an additional 405,425 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in shares of MercadoLibre during the 4th quarter valued at $565,306,000. Capital World Investors lifted its stake in shares of MercadoLibre by 24.5% during the 4th quarter. Capital World Investors now owns 1,568,602 shares of the company’s stock valued at $2,667,386,000 after buying an additional 308,973 shares in the last quarter. Finally, Norges Bank bought a new position in MercadoLibre in the 4th quarter worth $383,051,000. 87.62% of the stock is owned by hedge funds and other 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.