What is Wedbush's Forecast for MercadoLibre FY2026 Earnings?

MercadoLibre, Inc. (NASDAQ:MELI - Free Report) - Stock analysts at Wedbush lifted their FY2026 earnings per share (EPS) estimates for shares of MercadoLibre in a research note issued to investors on Thursday, February 20th. Wedbush analyst S. Devitt now expects that the company will post earnings per share of $60.00 for the year, up from their prior estimate of $59.20. Wedbush has a "Outperform" rating and a $2,100.00 price objective on the stock. The consensus estimate for MercadoLibre's current full-year earnings is $43.96 per share.

MercadoLibre (NASDAQ:MELI - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $12.61 EPS for the quarter, beating analysts' consensus estimates of $10.21 by $2.40. The firm had revenue of $6.06 billion for the quarter, compared to analyst estimates of $5.94 billion. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%.

A number of other brokerages have also commented on MELI. JPMorgan Chase & Co. decreased their price objective on MercadoLibre from $2,150.00 to $1,950.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Bank of America raised their price target on MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a "buy" rating in a research report on Friday. Barclays raised their price target on MercadoLibre from $2,200.00 to $2,500.00 and gave the stock an "overweight" rating in a research report on Friday. Citigroup reduced their price target on MercadoLibre from $2,480.00 to $2,450.00 and set a "buy" rating on the stock in a research report on Tuesday, November 26th. Finally, Raymond James upgraded MercadoLibre from an "outperform" rating to a "strong-buy" rating and set a $2,250.00 price target on the stock in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $2,364.06.

MercadoLibre Trading Down 1.6 %

MELI traded down $36.65 during mid-day trading on Monday, reaching $2,223.35. The stock had a trading volume of 513,850 shares, compared to its average volume of 375,438. The stock has a market capitalization of $112.72 billion, a P/E ratio of 58.97, a P/E/G ratio of 1.12 and a beta of 1.62. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25. The firm's fifty day simple moving average is $1,867.29 and its two-hundred day simple moving average is $1,958.01. MercadoLibre has a 52 week low of $1,324.99 and a 52 week high of $2,374.54.

Insider Buying and Selling at MercadoLibre

In other MercadoLibre news, Director Emiliano Calemzuk sold 50 shares of MercadoLibre stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $1,984.98, for a total value of $99,249.00. Following the sale, the director now owns 238 shares of the company's stock, valued at $472,425.24. This trade represents a 17.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.06% of the company's stock.

Institutional Trading of MercadoLibre

Several hedge funds and other institutional investors have recently modified their holdings of the company. Human Investing LLC acquired a new stake in shares of MercadoLibre in the fourth quarter valued at about $26,000. Pacific Capital Wealth Advisors Inc. increased its position in shares of MercadoLibre by 220.0% in the fourth quarter. Pacific Capital Wealth Advisors Inc. now owns 16 shares of the company's stock valued at $27,000 after acquiring an additional 11 shares during the last quarter. Brown Lisle Cummings Inc. increased its position in shares of MercadoLibre by 100.0% in the fourth quarter. Brown Lisle Cummings Inc. now owns 16 shares of the company's stock valued at $27,000 after acquiring an additional 8 shares during the last quarter. Covestor Ltd acquired a new stake in shares of MercadoLibre in the fourth quarter valued at about $27,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of MercadoLibre in the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 87.62% of the company's stock.

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.