MercadoLibre, Inc. (MELI)
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]
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 StatementsAnalyst 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.
News
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.
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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...
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 ...
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...
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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...
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 ...
MercadoLibre Stock Is Shooting To The Moon
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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...
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...
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...
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 ...
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...
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%...
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...
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...
MercadoLibre, Inc. (MELI) Q3 2024 Earnings Call Transcript
MercadoLibre, Inc. (MELI) Q3 2024 Earnings Call Transcript
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, ...
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...
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 ...
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...
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...
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...