FY2026 Earnings Estimate for MercadoLibre Issued By Wedbush

MercadoLibre, Inc. (NASDAQ:MELI) – Wedbush upped their FY2026 earnings per share estimates for shares of MercadoLibre in a report issued on Tuesday, August 5th. Wedbush analyst S. Devitt now anticipates that the company will earn $64.57 per share for the year, up from their prior forecast of $62.00. Wedbush has a “Outperform” rating and a $2,700.00 price objective on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings data on Monday, August 4th. The company reported $10.31 EPS for the quarter, missing the consensus estimate of $12.01 by ($1.70). The business had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.57 billion. MercadoLibre had a return on equity of 46.11% and a net margin of 8.52%. The firm’s revenue for the quarter was up 33.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $10.48 EPS.

Several other analysts have also recently weighed in on MELI. Jefferies Financial Group restated a “hold” rating and set a $2,800.00 price objective on shares of MercadoLibre in a research report on Tuesday. Wall Street Zen downgraded MercadoLibre from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of MercadoLibre in a research note on Thursday, May 1st. Scotiabank initiated coverage on MercadoLibre in a research report on Monday, July 28th. They set a “sector outperform” rating and a $3,500.00 price objective on the stock. Finally, The Goldman Sachs Group raised their price objective on MercadoLibre from $2,640.00 to $3,000.00 and gave the company a “buy” rating in a report on Wednesday, May 14th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, MercadoLibre presently has an average rating of “Moderate Buy” and a consensus price target of $2,789.44.

MercadoLibre Trading Down 3.8%

Shares of MercadoLibre stock opened at $2,317.22 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.20 and a quick ratio of 1.18. MercadoLibre has a 1 year low of $1,646.00 and a 1 year high of $2,645.22. The firm has a market cap of $117.48 billion, a PE ratio of 57.23, a PEG ratio of 1.44 and a beta of 1.46. The company has a 50 day simple moving average of $2,445.98 and a two-hundred day simple moving average of $2,234.89.

Institutional Trading of MercadoLibre

Large investors have recently modified their holdings of the business. Capital International Investors lifted its stake in MercadoLibre by 38.7% in the fourth quarter. Capital International Investors now owns 1,687,114 shares of the company’s stock worth $2,868,869,000 after acquiring an additional 470,829 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in MercadoLibre by 41.0% in the 4th 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. Capital World Investors lifted its position in shares of MercadoLibre by 24.5% in the 4th quarter. Capital World Investors now owns 1,568,602 shares of the company’s stock worth $2,667,386,000 after purchasing an additional 308,973 shares during the period. Capital Research Global Investors boosted its stake in shares of MercadoLibre by 8.0% during the 4th quarter. Capital Research Global Investors now owns 2,415,815 shares of the company’s stock valued at $4,108,079,000 after purchasing an additional 179,807 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of MercadoLibre by 170.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 274,960 shares of the company’s stock valued at $536,411,000 after purchasing an additional 173,449 shares in the last quarter. 87.62% of the stock is 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.