Wedbush Lowers MercadoLibre (NASDAQ:MELI) Price Target to $2,400.00

MercadoLibre (NASDAQ:MELIGet Free Report) had its price target cut by stock analysts at Wedbush from $2,600.00 to $2,400.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Wedbush’s target price points to a potential upside of 37.86% from the stock’s previous close.

MELI has been the topic of a number of other reports. UBS Group dropped their target price on shares of MercadoLibre from $3,000.00 to $2,900.00 and set a “buy” rating on the stock in a report on Monday, November 24th. Morgan Stanley upped their price objective on MercadoLibre from $2,850.00 to $2,950.00 and gave the company an “overweight” rating in a research note on Monday, November 3rd. Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Friday, February 6th. Barclays boosted their target price on MercadoLibre from $2,800.00 to $2,900.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Finally, BTIG Research dropped their price target on MercadoLibre from $2,750.00 to $2,650.00 and set a “buy” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, MercadoLibre has a consensus rating of “Moderate Buy” and an average target price of $2,808.67.

Get Our Latest Stock Analysis on MELI

MercadoLibre Stock Performance

Shares of MELI stock opened at $1,740.88 on Wednesday. The stock has a market cap of $88.26 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 0.87 and a beta of 1.44. The stock has a 50-day moving average of $2,052.43 and a 200-day moving average of $2,165.94. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.17 and a quick ratio of 1.15. MercadoLibre has a one year low of $1,654.24 and a one year high of $2,645.22.

MercadoLibre (NASDAQ:MELIGet Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported $11.03 EPS for the quarter, missing analysts’ consensus estimates of $11.66 by ($0.63). The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.45 billion. MercadoLibre had a return on equity of 35.38% and a net margin of 6.91%.The company’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same period in the prior year, the business earned $12.61 EPS. As a group, sell-side analysts expect that MercadoLibre will post 43.96 earnings per share for the current year.

Insider Buying and Selling

In other MercadoLibre news, Director Henrique Vasoncelos Dubugras sold 845 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $2,028.14, for a total transaction of $1,713,778.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stelleo Tolda sold 246 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $2,047.88, for a total value of $503,778.48. The SEC filing for this sale provides additional information. Insiders sold 1,136 shares of company stock valued at $2,308,788 over the last quarter. 0.25% of the stock is owned by company insiders.

Institutional Investors Weigh In On MercadoLibre

Several hedge funds and other institutional investors have recently made changes to their positions in MELI. Quadcap Wealth Management LLC boosted its holdings in shares of MercadoLibre by 4.2% during the 2nd quarter. Quadcap Wealth Management LLC now owns 124 shares of the company’s stock valued at $324,000 after acquiring an additional 5 shares in the last quarter. PFW Advisors LLC raised its position in MercadoLibre by 4.8% in the third quarter. PFW Advisors LLC now owns 110 shares of the company’s stock valued at $257,000 after purchasing an additional 5 shares during the last quarter. Yousif Capital Management LLC raised its position in MercadoLibre by 3.5% in the third quarter. Yousif Capital Management LLC now owns 147 shares of the company’s stock valued at $344,000 after purchasing an additional 5 shares during the last quarter. Wilkinson Global Asset Management LLC boosted its stake in shares of MercadoLibre by 2.3% during the third quarter. Wilkinson Global Asset Management LLC now owns 226 shares of the company’s stock valued at $528,000 after purchasing an additional 5 shares in the last quarter. Finally, Hardy Reed LLC grew its holdings in shares of MercadoLibre by 4.0% during the third quarter. Hardy Reed LLC now owns 131 shares of the company’s stock worth $306,000 after purchasing an additional 5 shares during the last quarter. 87.62% of the stock is owned by institutional investors.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

  • Positive Sentiment: Very strong top‑line and segment growth — Q4 revenue rose ~44–45%, GMV and fintech (Mercado Pago) surged, and user additions accelerated; company cites AI investments as a revenue/efficiency driver. Article Title
  • Positive Sentiment: Market/institutional view: some analysts and institutional holders see the pullback as a buying opportunity — institutional ownership is high and a number of firms retained Buy/Outperform ratings after the print. Article Title
  • Positive Sentiment: Recent inflows/new positions: at least one asset manager (SQUADRA) initiated/added a material stake, signaling active investor interest on weakness. Article Title
  • Neutral Sentiment: Analyst reactions: several firms cut price targets (examples: Barclays, Cantor, Wedbush, BTIG) but generally kept positive ratings — view is that cuts reflect near‑term margin pressure rather than a change to the long‑term thesis. Article Title
  • Neutral Sentiment: Leadership/strategy update: management is accelerating investments in AI, logistics and credit to capture penetration in Brazil, Mexico and Argentina — a strategic choice that supports long‑term TAM but clouds near‑term profitability. Article Title
  • Negative Sentiment: EPS miss and margin compression: Q4 EPS (~$11.03) missed consensus, driven by higher spending (lowered free‑shipping thresholds, logistics and credit growth) — investors punished the miss and the uncertainty about when margins will recover. Article Title
  • Negative Sentiment: Aftermath: the mixed print triggered sharp intraday selling and some analysts trimmed near‑term estimates; margin risk is the principal downside catalyst while revenue growth is intact. Article Title

MercadoLibre Company Profile

(Get Free Report)

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.

Further Reading

Analyst Recommendations for MercadoLibre (NASDAQ:MELI)

Receive News & Ratings for MercadoLibre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MercadoLibre and related companies with MarketBeat.com's FREE daily email newsletter.