Wedbush Issues Negative Estimate for MercadoLibre Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Wedbush lowered their Q1 2025 earnings estimates for shares of MercadoLibre in a note issued to investors on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the company will post earnings per share of $6.00 for the quarter, down from their previous estimate of $7.29. 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 $33.70 per share. Wedbush also issued estimates for MercadoLibre’s Q2 2025 earnings at $8.18 EPS, Q4 2025 earnings at $14.39 EPS and FY2026 earnings at $59.20 EPS.

MELI has been the topic of several other research reports. Redburn Atlantic initiated coverage on MercadoLibre in a research report on Friday, October 11th. They set a “buy” rating and a $2,800.00 price target on the stock. JPMorgan Chase & Co. cut their price objective on shares of MercadoLibre from $2,150.00 to $1,950.00 and set a “neutral” rating for the company in a research report on Wednesday. Morgan Stanley dropped their price target on MercadoLibre from $2,500.00 to $2,450.00 and set an “overweight” rating for the company in a report on Monday, November 11th. Barclays decreased their price objective on MercadoLibre from $2,500.00 to $2,200.00 and set an “overweight” rating on the stock in a report on Tuesday, November 12th. Finally, Raymond James initiated coverage on shares of MercadoLibre in a research report on Friday, September 27th. They issued an “outperform” rating and a $2,350.00 target price for the company. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $2,247.67.

MercadoLibre Stock Down 1.8 %

Shares of MELI stock opened at $1,739.00 on Wednesday. The firm’s fifty day moving average price is $1,877.75 and its two-hundred day moving average price is $1,896.53. MercadoLibre has a 1 year low of $1,324.99 and a 1 year high of $2,161.73. 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 firm has a market capitalization of $88.16 billion, a P/E ratio of 61.36, a PEG ratio of 1.24 and a beta of 1.60.

Insider Activity at MercadoLibre

In related news, Director Emiliano Calemzuk sold 50 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $1,984.98, for a total transaction 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 legal filing with the SEC, which is available through this hyperlink. 0.06% of the stock is currently owned by insiders.

Institutional Trading of MercadoLibre

Hedge funds have recently made changes to their positions in the company. Optimum Investment Advisors grew its position in shares of MercadoLibre by 750.0% in the 3rd quarter. Optimum Investment Advisors now owns 17 shares of the company’s stock valued at $35,000 after buying an additional 15 shares during the last quarter. Legacy Bridge LLC lifted its position in shares of MercadoLibre by 53.3% in the 3rd quarter. Legacy Bridge LLC now owns 23 shares of the company’s stock worth $47,000 after purchasing an additional 8 shares during the period. Quarry LP bought a new stake in shares of MercadoLibre in the 2nd quarter valued at $43,000. NBC Securities Inc. increased its position in shares of MercadoLibre by 35.0% during the third quarter. NBC Securities Inc. now owns 27 shares of the company’s stock worth $55,000 after buying an additional 7 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in MercadoLibre by 123.1% in the fourth quarter. GAMMA Investing LLC now owns 29 shares of the company’s stock valued at $49,000 after buying an additional 16 shares during the period. 87.62% of the stock is owned by institutional investors and hedge funds.

MercadoLibre Company Profile

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.