MercadoLibre (NASDAQ:MELI) Upgraded to Overweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of MercadoLibre (NASDAQ:MELI) from a neutral rating to an overweight rating in a report published on Thursday morning, MarketBeat reports. JPMorgan Chase & Co. currently has $2,800.00 target price on the stock, up from their prior target price of $2,650.00.

A number of other research analysts have also issued reports on MELI. UBS Group dropped their price target on shares of MercadoLibre from $3,000.00 to $2,900.00 and set a “buy” rating on the stock in a research note on Monday, November 24th. Dbs Bank raised MercadoLibre from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. Wedbush dropped their target price on MercadoLibre from $2,800.00 to $2,700.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. BTIG Research reissued a “buy” rating and set a $2,750.00 target price on shares of MercadoLibre in a research note on Wednesday, February 4th. Finally, Zacks Research upgraded MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,886.25.

MercadoLibre Stock Performance

Shares of MELI opened at $2,007.00 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.15 and a current ratio of 1.17. The stock has a market capitalization of $101.75 billion, a P/E ratio of 48.98, a P/E/G ratio of 1.01 and a beta of 1.44. The company’s fifty day moving average is $2,067.77 and its two-hundred day moving average is $2,196.70. MercadoLibre has a 1 year low of $1,723.90 and a 1 year high of $2,645.22.

Insider Transactions at MercadoLibre

In related news, Director Emiliano Calemzuk sold 45 shares of MercadoLibre stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $2,027.37, for a total transaction of $91,231.65. Following the completion of the transaction, the director directly owned 257 shares of the company’s stock, valued at approximately $521,034.09. The trade was a 14.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Stelleo Tolda sold 246 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $2,047.88, for a total value of $503,778.48. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,136 shares of company stock valued at $2,308,788 in the last quarter. 0.25% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Bison Wealth LLC acquired a new stake in MercadoLibre in the 4th quarter valued at about $206,000. Empowered Funds LLC grew its position in shares of MercadoLibre by 6.9% in the first quarter. Empowered Funds LLC now owns 760 shares of the company’s stock valued at $1,483,000 after purchasing an additional 49 shares during the last quarter. Focus Partners Wealth increased its stake in shares of MercadoLibre by 42.0% during the 1st quarter. Focus Partners Wealth now owns 602 shares of the company’s stock worth $1,176,000 after purchasing an additional 178 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of MercadoLibre during the 2nd quarter worth approximately $261,000. Finally, Johnson Investment Counsel Inc. acquired a new position in shares of MercadoLibre during the 2nd quarter worth approximately $423,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Trending Headlines about MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: JPMorgan upgraded MELI from neutral to overweight and raised its price target to $2,800, citing easing competition (Shopee slowdown) and a steadier outlook — a clear near-term positive for sentiment and institutional demand. JPMorgan upgrades MercadoLibre on easing competition and steadier outlook
• Positive Sentiment: MercadoLibre will list and store products for Brazilian food retailer Assaí on its platform — an expansion of marketplace inventory and logistics volume in Brazil that can boost GMV and fulfillment scale. MercadoLibre’s platform to sell, store products of Brazil food retailer Assai
• Neutral Sentiment: Analyst commentary highlights a rich current valuation (P/E noted) but argues fintech momentum, logistics scale and rising estimates could justify the premium — useful for longer-term holders but less immediately directional. MELI Stock Trades at a P/E of 32.02X: Should You Buy, Sell or Hold It?
• Neutral Sentiment: MELI is expected to report earnings this week — a scheduled catalyst that could amplify moves in either direction depending on beat/miss and guidance. Positioning and execution on fintech and logistics will be watched closely. MercadoLibre (MELI) Projected to Post Earnings on Thursday
• Negative Sentiment: A recent report highlights significant insider selling alongside heavy ongoing investment, which has challenged market confidence by raising near-term cash-use and dilution worries. MercadoLibre Insider Selling And Heavy Investment Challenge Market Confidence
• Negative Sentiment: William Blair trimmed its rating/position on MELI (and commentators flagged the trim), renewing questions about valuation and near-term upside — a headwind for momentum investors. Assessing MercadoLibre (NasdaqGS:MELI) Valuation After William Blair Trim And Continued Ecosystem Growth

About MercadoLibre

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.