Banque Pictet & Cie SA Buys 4,096 Shares of MercadoLibre, Inc. $MELI

Banque Pictet & Cie SA grew its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 54.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,677 shares of the company’s stock after acquiring an additional 4,096 shares during the period. Banque Pictet & Cie SA’s holdings in MercadoLibre were worth $23,521,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of MercadoLibre during the second quarter valued at $29,000. Holos Integrated Wealth LLC bought a new position in MercadoLibre in the fourth quarter worth about $32,000. Steigerwald Gordon & Koch Inc. bought a new position in MercadoLibre in the third quarter worth about $35,000. Caitong International Asset Management Co. Ltd purchased a new stake in MercadoLibre during the third quarter valued at approximately $35,000. Finally, Cullen Frost Bankers Inc. lifted its position in MercadoLibre by 100.0% during the third quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company’s stock valued at $37,000 after acquiring an additional 8 shares during the last quarter. 87.62% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MELI has been the topic of several research analyst reports. Weiss Ratings downgraded MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 8th. Barclays decreased their price objective on shares of MercadoLibre from $2,900.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. JPMorgan Chase & Co. downgraded shares of MercadoLibre from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $2,650.00 to $2,100.00 in a research report on Thursday, March 12th. Wedbush cut their target price on MercadoLibre from $2,600.00 to $2,400.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, Morgan Stanley reduced their price objective on MercadoLibre from $2,800.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, MercadoLibre has an average rating of “Moderate Buy” and an average price target of $2,708.67.

Key MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: AI-driven advertising is gaining traction at MercadoLibre, boosting ad spend and revenue visibility; this could lift margins and recurring monetization if adoption continues. Can AI-Driven Advertising Growth Unlock Further Upside for MELI? Zacks: AI-Driven Ad Growth
• Positive Sentiment: Analyst commentary and bullish write-ups highlight attractive long-term positioning in e-commerce + fintech across Latin America, supporting upside case for patient investors. Seeking Alpha: Attractively Positioned
• Positive Sentiment: Macro/geopolitical headlines briefly lifted risk assets — MercadoLibre saw an intraday jump after comments signaling a possible de-escalation in the Middle East, showing sensitivity to global risk sentiment. Why MELI Stock Is Up Today
• Neutral Sentiment: Generation Investment Management’s portfolio commentary includes MELI perspectives — useful context on investor sentiment but not an immediate catalyst. Generation Investment Management Views
• Negative Sentiment: Mercado Pago is discontinuing its branded cryptocurrency, Mercado Coin — a sign the company is pulling back from a non-core crypto play; this reduces one product line and could raise questions about prior investments and roadmap execution. Reuters: Mercado Coin Terminated
• Negative Sentiment: Valuation and recent quarterly results remain near-term headwinds — revenue beat but EPS missed expectations, and the stock has pulled back from recent highs as investors weigh margin pressure and execution vs. lofty multiples. Does MELI Offer Value?

MercadoLibre Stock Down 0.6%

MELI opened at $1,718.97 on Thursday. The company has a fifty day moving average of $1,879.12 and a two-hundred day moving average of $2,051.08. The stock has a market capitalization of $87.15 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 0.87 and a beta of 1.49. MercadoLibre, Inc. has a fifty-two week low of $1,593.21 and a fifty-two week high of $2,645.22. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $11.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.66 by ($0.63). MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.45 billion. During the same quarter in the prior year, the company posted $12.61 EPS. The business’s revenue for the quarter was up 44.6% compared to the same quarter last year. On average, research analysts expect that MercadoLibre, Inc. will post 43.96 earnings per share for the current year.

MercadoLibre Company Profile

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.