MercadoLibre (NASDAQ:MELI) Given New $2,400.00 Price Target at Wedbush

MercadoLibre (NASDAQ:MELI) had its price target reduced by investment analysts at Wedbush from $2,600.00 to $2,400.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Wedbush’s price objective would indicate a potential upside of 24.83% from the company’s previous close.

MELI has been the subject of a number of other reports. Benchmark reduced their price target on shares of MercadoLibre from $2,875.00 to $2,780.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Morgan Stanley lifted their price objective on MercadoLibre from $2,850.00 to $2,950.00 and gave the company an “overweight” rating in a research note on Monday, November 3rd. Zacks Research upgraded MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. BTIG Research lowered their price target on MercadoLibre from $2,750.00 to $2,650.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Dbs Bank upgraded MercadoLibre from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,852.00.

MercadoLibre Price Performance

MELI stock opened at $1,922.56 on Wednesday. The firm has a 50 day moving average of $2,059.88 and a 200-day moving average of $2,171.73. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.55. MercadoLibre has a 12 month low of $1,723.90 and a 12 month high of $2,645.22. The firm has a market capitalization of $97.47 billion, a P/E ratio of 46.91, a price-to-earnings-growth ratio of 0.92 and a beta of 1.44.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $11.03 EPS for the quarter, missing the consensus estimate of $11.66 by ($0.63). The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.45 billion. MercadoLibre had a net margin of 7.93% and a return on equity of 39.03%. MercadoLibre’s revenue was up 44.6% on a year-over-year basis. During the same period in the prior year, the firm posted $12.61 EPS. As a group, sell-side analysts predict that MercadoLibre will post 43.96 earnings per share for the current fiscal year.

Insider Transactions at MercadoLibre

In other MercadoLibre news, Director Henrique Vasoncelos Dubugras sold 845 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $2,028.14, for a total transaction of $1,713,778.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Emiliano Calemzuk sold 45 shares of MercadoLibre stock in a transaction that occurred 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 transaction, the director directly owned 257 shares in the company, valued at $521,034.09. This trade represents a 14.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,136 shares of company stock worth $2,308,788. 0.25% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On MercadoLibre

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bison Wealth LLC bought a new position in shares of MercadoLibre in the fourth quarter worth approximately $206,000. Empowered Funds LLC raised its holdings in MercadoLibre by 6.9% during the 1st quarter. Empowered Funds LLC now owns 760 shares of the company’s stock valued at $1,483,000 after buying an additional 49 shares during the last quarter. Focus Partners Wealth boosted its position in MercadoLibre by 42.0% during the 1st quarter. Focus Partners Wealth now owns 602 shares of the company’s stock valued at $1,176,000 after buying an additional 178 shares during the period. Sivia Capital Partners LLC purchased a new stake in MercadoLibre during the 2nd quarter valued at $261,000. Finally, Brookstone Capital Management bought a new stake in MercadoLibre in the 2nd quarter worth $227,000. 87.62% of the stock is currently owned by institutional investors.

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Big revenue beat and sustained growth — Q4 net revenue rose ~45% YoY, topping Street revenue estimates and highlighting continued scale across MercadoLibre’s commerce and fintech businesses. Read More.
• Positive Sentiment: Strong GMV and regional execution — Gross merchandise volume grew robustly (about 35% in Brazil and Mexico), signaling continued market-share gains in the region’s two largest markets. Read More.
• Positive Sentiment: Fintech and subscription momentum — Mercado Pago and subscription offerings expanded, supporting higher monetization per user and diversifying revenue beyond pure marketplace sales. Read More.
• Neutral Sentiment: Investments framed as long‑term strategy — Management emphasized continued spending on AI and logistics to capture share; that supports the growth story but clouds near‑term margin visibility. Read More.
• Neutral Sentiment: Valuation context — Analysts are reassessing MELI after the quarter; the company still trades at a premium multiple but has high growth assumptions (many analysts remain bullish while models are being updated). Read More.
• Negative Sentiment: EPS missed and margin compression — EPS of $11.03 missed consensus (down from $12.61 a year ago), reflecting margin pressure from accelerated investments; net income was lower vs. prior period. Read More.
• Negative Sentiment: Profitability near‑term risk — Reuters and other reports highlight that profit fell short of estimates despite the revenue beat, which could keep volatility in the share price while investors gauge payback on the investments. Read More.

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.