Cantor Fitzgerald Forecasts MercadoLibre FY2026 Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of MercadoLibre in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan expects that the company will post earnings per share of $61.45 for the year. Cantor Fitzgerald has a “Overweight” rating and a $2,400.00 price objective on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share.

MELI has been the topic of several other research reports. Bank of America lifted their target price on MercadoLibre from $2,500.00 to $3,000.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Benchmark cut shares of MercadoLibre from a “buy” rating to a “cautious” rating in a research report on Thursday, May 1st. Wall Street Zen downgraded shares of MercadoLibre from a “buy” rating to a “hold” rating in a report on Friday, May 16th. Citigroup restated a “buy” rating on shares of MercadoLibre in a research report on Friday. Finally, JPMorgan Chase & Co. lifted their price target on shares of MercadoLibre from $2,250.00 to $2,600.00 and gave the company a “neutral” rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,613.75.

MercadoLibre Price Performance

Shares of MercadoLibre stock opened at $2,396.44 on Tuesday. The stock’s 50-day simple moving average is $2,307.64 and its 200-day simple moving average is $2,068.51. MercadoLibre has a 52 week low of $1,550.00 and a 52 week high of $2,635.88. The company has a market capitalization of $121.49 billion, a price-to-earnings ratio of 63.57, a PEG ratio of 1.12 and a beta of 1.51. 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 (NASDAQ:MELI) last released its earnings results on Wednesday, May 7th. The company reported $9.74 earnings per share for the quarter, beating analysts’ consensus estimates of $7.82 by $1.92. MercadoLibre had a net margin of 9.20% and a return on equity of 51.89%. The company had revenue of $5.94 billion for the quarter, compared to analysts’ expectations of $5.55 billion. During the same quarter in the previous year, the company earned $6.78 EPS. MercadoLibre’s revenue for the quarter was up 37.0% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MELI. Key Financial Inc bought a new position in MercadoLibre during the 1st quarter valued at about $25,000. GW&K Investment Management LLC bought a new position in shares of MercadoLibre during the first quarter valued at approximately $25,000. 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 purchased a new stake in shares of MercadoLibre in the fourth quarter worth approximately $26,000. Finally, Covestor Ltd bought a new stake in shares of MercadoLibre during the 4th quarter worth approximately $27,000. 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.