MercadoLibre, Inc. (MELI)

NASDAQ: MELI · IEX Real-Time Price · USD
1,312.80
+46.00 (3.63%)
Mar 31, 2023, 10:49 AM EDT - Market open
3.63%
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]

Industry Internet Retail
IPO Date Aug 10, 2007
Employees 29,957
Stock Exchange NASDAQ
Ticker Symbol MELI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$1,434.17
(9.25% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

1 day ago - Zacks Investment Research

3 Tech Stocks to Buy for Exposure to Emerging Markets

Even after the recent mini-banking crisis, investments in emerging markets are poised to “perform pretty strongly in the years ahead,” TD Securities analyst Mitul Kotecha told CNBC on March 20. “Even ...

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1 week ago - InvestorPlace

Buyers Are Swarming These 3 Retail Stocks

Buyers can't get enough of these stocks over the last month, with all 3 outperforming the general market handily. Is there more room to run?

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1 week ago - Zacks Investment Research

7 Emerging Markets Stocks to Buy for Global Growth

Investors tend to seek growth when allocating capital, particularly when considering what bonds yield right now. Accordingly, many emerging markets stocks are seeing an uptick in investor interest, gi...

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1 week ago - InvestorPlace

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.

2 weeks ago - Reuters

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

3 Disruptive Fintech Stocks to Buy That Can Make You a Millionaire

It can be a challenge finding the best fintech stocks to buy. After all, they did not do very well in 2022.

Other symbols: BACPYPL
2 weeks ago - InvestorPlace

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.

Other symbols: AAONIRMDNECB
2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

5 Top Stocks to Boost Your Portfolio With Earnings Beat

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).

Other symbols: IDCCIPARPTLOULTA
2 weeks ago - Zacks Investment Research

3 Reasons Growth Investors Will Love MercadoLibre (MELI)

MercadoLibre (MELI) could produce exceptional returns because of its solid growth attributes.

3 weeks ago - Zacks Investment Research

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...

Other symbols: ARGTBMAYPF
3 weeks ago - Zacks Investment Research

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.

Other symbols: CALBELFTGLS
3 weeks ago - Zacks Investment Research

3 Hot Tech Stocks Investors Can Buy Now at Better Valuations

Although times are tough in the tech sector, things have clearly turned around

Other symbols: EXPEOKTA
3 weeks ago - Zacks Investment Research

Bull of the Day: MercadoLibre (MELI)

Tech stocks have retreated from their highs but estimates are storming back.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

Other symbols: CNOWPP
1 month ago - Zacks Investment Research

What Is the Best Fintech Stock to Buy Now? Our 7 Top Picks.

If you're looking for the best fintech stock to buy, the world's largest fintech exchange-traded fund (ETF) is an excellent place to start. That distinction is held by Cathie Wood's ARK Fintech Innova...

Other symbols: DKNGPATHROKUSQTOSTTWLO
1 month ago - InvestorPlace

The Top 7 Growth Stocks in Fintech

Investing in fintech growth stocks is an excellent strategy for those seeking high returns in the stock market. Fintech companies use technology to disrupt the traditional financial services sector, c...

1 month ago - InvestorPlace

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.

1 month ago - Zacks Investment Research

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 ...

1 month ago - Bloomberg Markets and Finance

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Reuters