Wedbush Issues Negative Estimate for MercadoLibre Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Research analysts at Wedbush cut their Q2 2025 earnings per share estimates for MercadoLibre in a research report issued to clients and investors on Tuesday, April 15th. Wedbush analyst S. Devitt now anticipates that the company will post earnings per share of $7.96 for the quarter, down from their previous forecast of $9.09. 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. Wedbush also issued estimates for MercadoLibre’s Q3 2025 earnings at $10.15 EPS, FY2025 earnings at $39.05 EPS and FY2026 earnings at $58.40 EPS.

MELI has been the topic of several other research reports. Bank of America boosted their price target on shares of MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Cantor Fitzgerald decreased their target price on MercadoLibre from $3,000.00 to $2,400.00 and set an “overweight” rating on the stock in a research report on Wednesday. Citigroup restated a “buy” rating on shares of MercadoLibre in a report on Tuesday. Raymond James raised 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. Finally, Benchmark started coverage on MercadoLibre in a research report on Tuesday. They set a “buy” rating and a $2,500.00 target price for the company. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $2,415.94.

MercadoLibre Price Performance

Shares of NASDAQ:MELI opened at $2,099.37 on Thursday. The firm has a market cap of $106.43 billion, a price-to-earnings ratio of 55.69, a P/E/G ratio of 1.12 and a beta of 1.62. The firm has a fifty day moving average price of $2,042.00 and a 200 day moving average price of $1,959.90. MercadoLibre has a fifty-two week low of $1,324.99 and a fifty-two week high of $2,374.54. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $12.61 EPS for the quarter, beating the consensus estimate of $10.21 by $2.40. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%. The business had revenue of $6.06 billion for the quarter, compared to the consensus estimate of $5.94 billion.

Hedge Funds Weigh In On MercadoLibre

Hedge funds have recently added to or reduced their stakes in the company. Human Investing LLC bought a new position in shares of MercadoLibre during the fourth quarter valued at approximately $26,000. Park Square Financial Group LLC bought a new position in MercadoLibre in the 4th quarter valued at $26,000. Pacific Capital Wealth Advisors Inc. increased its stake in MercadoLibre by 220.0% in the fourth quarter. Pacific Capital Wealth Advisors Inc. now owns 16 shares of the company’s stock worth $27,000 after purchasing an additional 11 shares during the period. Brown Lisle Cummings Inc. lifted its position in shares of MercadoLibre by 100.0% during the fourth quarter. Brown Lisle Cummings Inc. now owns 16 shares of the company’s stock worth $27,000 after purchasing an additional 8 shares during the last quarter. Finally, Covestor Ltd purchased a new stake in shares of MercadoLibre during the fourth quarter valued at $27,000. 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.