MercadoLibre, Inc. (MELI)

NASDAQ: MELI · Real-Time Price · USD
1,836.00
-1.18 (-0.06%)
At close: Jan 17, 2025, 4:00 PM
1,837.41
+1.41 (0.08%)
After-hours: Jan 17, 2025, 5:26 PM EST
-0.06%
Market Cap 93.08B
Revenue (ttm) 18.49B
Net Income (ttm) 1.44B
Shares Out 50.70M
EPS (ttm) 28.12
PE Ratio 65.29
Forward PE 51.96
Dividend n/a
Ex-Dividend Date n/a
Volume 216,485
Open 1,876.42
Previous Close 1,837.18
Day's Range 1,832.93 - 1,876.42
52-Week Range 1,324.99 - 2,161.73
Beta 1.60
Analysts Strong Buy
Price Target 2,287.86 (+24.61%)
Earnings Date Feb 20, 2025

About MELI

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 websit... [Read more]

Industry Internet Retail
IPO Date Aug 10, 2007
Employees 58,313
Stock Exchange NASDAQ
Ticker Symbol MELI
Full Company Profile

Financial Performance

In 2023, MercadoLibre's revenue was $14.47 billion, an increase of 37.35% compared to the previous year's $10.54 billion. Earnings were $987.00 million, an increase of 104.77%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MELI stock is "Strong Buy." The 12-month stock price forecast is $2,287.86, which is an increase of 24.61% from the latest price.

Price Target
$2,287.86
(24.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

5 Growth Stocks For 2025

My 2024 picks outperformed the market, but growth stocks are volatile; a 10-year investment horizon is essential for success. For 2025, I recommend SoFi Technologies, Galaxy Digital, Upwork, Kinsale C...

6 days ago - Seeking Alpha

Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says

E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into Mexico over Asian retailers like Shein and Temu, according to analysts at Itau BBA.

Other symbols: AMZN
12 days ago - Reuters

5 Cheap Growth Stocks For 2025

2024 was a strong year for the stock market, with the S&P 500 up 23.64% and Nasdaq up 28.64%, sparking bubble concerns. Highlighting five great growth stocks that don't look expensive. Cheaper stocks ...

Other symbols: NUNVDATMDXTSM
14 days ago - Seeking Alpha

MercadoLibre: A Top E-Commerce Play For 2025 And Beyond

MercadoLibre's share price drop presents a buying opportunity, as the investment is supported by strong GMV growth and profitability in key markets like Brazil and Mexico. The company's robust financi...

18 days ago - Seeking Alpha

MercadoLibre: It's Time To Buy On The Latest Pullback

MercadoLibre is my top 2025 long idea due to its significant growth potential and recent stock pullback, making it an attractive buy. The company has diversified into fintech, with financial services ...

24 days ago - Seeking Alpha

MercadoLibre: More Undervalued Than You Think

MercadoLibre's recent stock dip presents a buying opportunity, driven by strong growth in e-commerce and fintech sectors despite macroeconomic challenges in Brazil. E-commerce growth is robust, with 7...

26 days ago - Seeking Alpha

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet, Including QUBT, QBTS

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Other symbols: QUBTBURLQBTSSOUN
4 weeks ago - Benzinga

MercadoLibre: Smart Investors Know Why To Buy Now

Mercado Libre's Q3 revenue grew 35.1% year-over-year, with FX-neutral revenue up 103%, showcasing robust growth despite currency headwinds in Brazil and Argentina. Mercado Pago continues to excel, wit...

4 weeks ago - Seeking Alpha

How Long Will MercadoLibre's Earnings Take To Payback Investors?

Time Until Payback is a crucial metric for evaluating investments, focusing on how long it takes to recoup the initial investment through earnings. MercadoLibre's TUP is estimated at 12 years, making ...

5 weeks ago - Seeking Alpha

MercadoLibre Stock Is Shooting To The Moon

MercadoLibre dominates Latin America's high-growth e-commerce market, supported by unique regional expertise, first-mover advantage, and diversified operations including fintech and logistics. With a ...

5 weeks ago - Seeking Alpha

MercadoLibre stock price has dropped: time to buy the MELI dip?

MercadoLibre stock price has suffered a harsh reversal in the past few weeks as it moved into a technical correction. MELI has fallen by over 13.5% from the year-to-date high of $2,158 as concerns abo...

5 weeks ago - Invezz

MercadoLibre and Nubank Compete in LatAm Digital Banking Race

Who will become Latin America's dominant digital banking force, MercadoLibre or Nubank? It's a question posed Tuesday (Dec. 10) in a report by Bloomberg News, which noted that MercadoLibre — which has...

Other symbols: NU
5 weeks ago - PYMNTS

MercadoLibre: Buy The Unwarranted Pullback, Credit Growth Headwinds Are Temporary

MELI's recent pullback to $1.77K is unwarranted indeed, since the strategic investments have contributed to the robust FQ3'24 performance metrics. At the same time, the credit segment headwinds are li...

2 months ago - Seeking Alpha

MercadoLibre Q3: 16% Drop In Stock Is An Opportunity

In 3Q24, net revenue grew 4.7% q/q and 35% y/y. However, operating margins were impacted by investments in credit and logistics. MercadoLibre continues to expand its competitive advantages, including ...

2 months ago - Seeking Alpha

MercadoLibre: Post-Earnings Correction Shouldn't Scare You

I reaffirm my "Buy" rating for MercadoLibre stock, despite a Q3 EPS miss, due to its strong long-term growth potential and undervaluation. MercadoLibre's Q3 2024 report showed solid growth in e-commer...

2 months ago - Seeking Alpha

MercadoLibre: Unwilling To Sacrifice The Long Term To Manage The P&L

MercadoLibre continues to prioritize long-term growth over short-term profitability, leading to a 16% stock decline despite strong revenue and operational performance. Third-quarter results showed 35%...

2 months ago - Seeking Alpha

MercadoLibre: Recent Dip Adds Margin Of Safety

MercadoLibre's stock dipped 15% despite strong revenue growth due to missing EPS estimates and a significant drop in EBIT margin. The company shows solid operational performance with growth in GMV, un...

2 months ago - Seeking Alpha

MercadoLibre: Why I Am Aggressively Buying The Dip

MercadoLibre's Q3 earnings report showed strong revenue growth but lower-than-expected EPS, causing an 8% stock drop due to temporary headwinds. Despite short-term issues, MELI remains fundamentally u...

2 months ago - Seeking Alpha

MercadoLibre, Inc. (MELI) Q3 2024 Earnings Call Transcript

MercadoLibre, Inc. (MELI) Q3 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

MercadoLibre Q3: Credit Growth and Fulfillment Fuel Top Line, but Margin Pressure Hits Shares

MercadoLibre's most recent results show double-digit growth in key metrics such as gross merchandise volume (GMV), items sold and in its credit portfolio. And users of its digital bank, Mercado Pago, ...

2 months ago - PYMNTS

Mercado Libre delivers solid Q3 results posting revenue of $5.3B driven by user and engagement surge across markets and businesses

Montevideo, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mercado Libre delivers solid Q3 results posting revenue of $5.3B driven by user and engagement surge across markets and businesses Investments in customer...

2 months ago - GlobeNewsWire

MercadoLibre, Inc. Reports Third Quarter 2024 Financial Results

Montevideo, Nov. 06, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) today reported financial results for the quarter ended September 30, 2024, in a Letter to ...

2 months ago - GlobeNewsWire

MercadoLibre (MELI) stock forms a bullish pattern ahead of earnings

The MercadoLibre (MELI) stock price has moved sideways in the past few weeks as the recent strong rally takes a breather. After peaking at $2,160 on September 26, it has pulled back by about 5% from i...

2 months ago - Invezz

MercadoLibre Inc., to Report Third Quarter 2024 Financial Results

Montevideo, Oct. 30, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) announces that it intends to release financial results for its third fiscal quarter ending...

2 months ago - GlobeNewsWire

Mercado Libre | New Podcast Episode Sheds Light on Ambitious Growth Plans and Strategic Focus Across Latin America

Montevideo, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, launches the latest episode of its podcast series, IR Intervie...

2 months ago - GlobeNewsWire