MercadoLibre, Inc. (MELI)
| Market Cap | 65.93B |
| Revenue (ttm) | 10.54B |
| Net Income (ttm) | 482.00M |
| Shares Out | 50.26M |
| EPS (ttm) | 9.53 |
| PE Ratio | 136.75 |
| Forward PE | 61.73 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 207,231 |
| Open | 1,273.88 |
| Previous Close | 1,266.80 |
| Day's Range | 1,266.13 - 1,324.00 |
| 52-Week Range | 600.68 - 1,323.25 |
| Beta | 1.59 |
| Analysts | Buy |
| Price Target | 1,434.17 (+9.25%) |
| Earnings Date | May 4, 2023 |
About MELI
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; 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 o... [Read more]
Financial Performance
In 2022, MercadoLibre's revenue was $10.54 billion, an increase of 49.06% compared to the previous year's $7.07 billion. Earnings were $482.00 million, an increase of 480.72%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for MELI stock is "Buy." The 12-month stock price forecast is $1,434.17, which is an increase of 9.25% from the latest price.
News
Here is What to Know Beyond Why MercadoLibre, Inc. (MELI) is a Trending Stock
Zacks.com users have recently been watching MercadoLibre (MELI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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MercadoLibre to invest $3.6 billion in Brazil this year
MercadoLibre Inc. said on Thursday it expects to invest 19 billion reais ($3.60 billion) in Brazil in 2023, 11.5% more than the amount invested in the previous year.
Is Trending Stock MercadoLibre, Inc. (MELI) a Buy Now?
Zacks.com users have recently been watching MercadoLibre (MELI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Earnings Estimates Rising for MercadoLibre (MELI): Will It Gain?
MercadoLibre (MELI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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It can be a challenge finding the best fintech stocks to buy. After all, they did not do very well in 2022.
4 Best Profitable Stocks to Buy Banking on Net Income Ratio
MercadoLibre (MELI), iRadimed (IRMD), Northeast Community Bancorp (NECB) and AAON (AAON) have been selected as the top picks with a high net income ratio.
Top Cathie Wood Stock Poised for Explosive Upside: Key Level to Watch
This e-commerce giant that has risen more than 90% off the bear market lows, and its run may be just getting started.
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These top-ranked stocks are likely to beat on bottom line in their next releases. Tap Ulta Beauty (ULTA), Inter Parfums (IPAR), InterDigital (IDCC), Portillo's Inc. (PTLO) and MercadoLibre (MELI).
3 Reasons Growth Investors Will Love MercadoLibre (MELI)
MercadoLibre (MELI) could produce exceptional returns because of its solid growth attributes.
Is Argentina Set to be the Biggest Contrarian Trade of 2023? 3 Stocks to Watch
Argentina's stock market has been one of the top performers internationally despite the country's rampant inflation. Andrew Rocco unveils 3 stocks that should outperform if the strength is to continue...
4 Top Stocks to Invest in for Attractive Earnings Growth
Invest in stocks like e.l.f. Beauty (ELF), California Bank of Commerce (CALB), MercadoLibre (MELI) & Tecnoglass (TGLS) for solid earnings growth.
3 Hot Tech Stocks Investors Can Buy Now at Better Valuations
Although times are tough in the tech sector, things have clearly turned around
Bull of the Day: MercadoLibre (MELI)
Tech stocks have retreated from their highs but estimates are storming back.
MercadoLibre (MELI) Upgraded to Strong Buy: What Does It Mean for the Stock?
MercadoLibre (MELI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MercadoLibre, Inc. (MELI) is Attracting Investor Attention: Here is What You Should Know
MercadoLibre (MELI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
New Strong Buy Stocks for March 2nd
PUBGY, MELI, CNO, AIQUY and WPP have been added to the Zacks Rank #1 (Strong Buy) List on March 2, 2023.
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MercadoLibre's (MELI) Q4 Earnings Beat, Revenues Rise Y/Y
MercadoLibre's (MELI) fourth-quarter results reflect benefits from the growing commerce and fintech revenues.
MercadoLibre to Increase Investments in Latin American Markets: CFO
Pedro Arnt, chief financial officer of MercadoLibre Inc., discusses the Latin America e-commerce giant's financial results, outlook and strategy. The company reported a surge in profits in the fourth ...
MercadoLibre (MELI) Q4 Earnings and Revenues Top Estimates
MercadoLibre (MELI) delivered earnings and revenue surprises of 54.03% and 1.68%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Latam's MercadoLibre's net profit rises, fueled by fintech arm
South American e-commerce giant MercadoLibre Inc on Thursday reported a fourth-quarter net profit of $164.7 million; up from the loss it posted in the same period last year, following a solid performa...