Free Trial

Wedbush Comments on MercadoLibre's Q2 Earnings (NASDAQ:MELI)

MercadoLibre logo with Retail/Wholesale background

MercadoLibre, Inc. (NASDAQ:MELI - Free Report) - Equities research analysts at Wedbush lowered their Q2 2025 earnings per share (EPS) estimates for shares of MercadoLibre in a research note issued to investors on Tuesday, April 15th. Wedbush analyst S. Devitt now expects that the company will earn $7.96 per share for the quarter, down from their previous forecast of $9.09. Wedbush currently has a "Outperform" rating and a $2,100.00 target price on the stock. The consensus estimate for MercadoLibre's current full-year earnings is $43.96 per share. Wedbush also issued estimates for MercadoLibre's Q3 2025 earnings at $10.15 EPS, FY2025 earnings at $39.05 EPS and FY2026 earnings at $58.40 EPS.

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 the consensus estimate of $10.21 by $2.40. The company had revenue of $6.06 billion for the quarter, compared to the consensus estimate 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 also recently commented on MELI. New Street Research raised shares of MercadoLibre from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $2,000.00 to $2,300.00 in a research note on Thursday, January 30th. Benchmark assumed coverage on shares of MercadoLibre in a research report on Tuesday, April 15th. They set a "buy" rating and a $2,500.00 price target for the company. Morgan Stanley reduced their price objective on shares of MercadoLibre from $2,650.00 to $2,560.00 and set an "overweight" rating for the company in a research note on Thursday, April 10th. Citigroup reaffirmed a "buy" rating on shares of MercadoLibre in a report on Tuesday, April 15th. Finally, Barclays raised their price target on MercadoLibre from $2,200.00 to $2,500.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Two investment 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's stock. According to MarketBeat, MercadoLibre presently has an average rating of "Buy" and an average target price of $2,415.94.

Read Our Latest Stock Report on MercadoLibre

MercadoLibre Stock Up 3.8 %

Shares of MercadoLibre stock traded up $78.54 during trading on Thursday, hitting $2,134.97. 143,841 shares of the stock traded hands, compared to its average volume of 384,944. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The stock's fifty day simple moving average is $2,044.08 and its 200 day simple moving average is $1,960.73. The firm has a market cap of $108.24 billion, a P/E ratio of 56.78, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. MercadoLibre has a 52-week low of $1,324.99 and a 52-week high of $2,374.54.

Institutional Trading of MercadoLibre

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in shares of MercadoLibre in the third quarter worth about $12,784,000. Anchor Investment Management LLC grew its position in shares of MercadoLibre by 19.1% in the third quarter. Anchor Investment Management LLC now owns 629 shares of the company's stock valued at $1,291,000 after purchasing an additional 101 shares in the last quarter. World Investment Advisors LLC increased its holdings in shares of MercadoLibre by 35.7% in the third quarter. World Investment Advisors LLC now owns 475 shares of the company's stock valued at $975,000 after purchasing an additional 125 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in MercadoLibre during the third quarter worth approximately $977,000. Finally, Tidal Investments LLC grew its holdings in MercadoLibre by 59.7% in the 3rd quarter. Tidal Investments LLC now owns 15,829 shares of the company's stock valued at $32,480,000 after buying an additional 5,918 shares in the last quarter. Hedge funds and other institutional investors own 87.62% of the company's stock.

MercadoLibre Company Profile

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in MercadoLibre Right Now?

Before you consider MercadoLibre, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MercadoLibre wasn't on the list.

While MercadoLibre currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines