Wedbush Has Bearish Estimate for MercadoLibre Q1 Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Analysts at Wedbush lowered their Q1 2025 earnings per share estimates for MercadoLibre in a research report issued to clients and investors on Monday, January 6th. Wedbush analyst S. Devitt now expects that the company will post earnings per share of $6.00 for the quarter, down from their previous estimate of $7.29. Wedbush currently has a “Outperform” rating and a $2,100.00 price objective on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $33.70 per share. Wedbush also issued estimates for MercadoLibre’s Q2 2025 earnings at $8.18 EPS, Q4 2025 earnings at $14.39 EPS and FY2026 earnings at $59.20 EPS.

MELI has been the subject of several other reports. JPMorgan Chase & Co. decreased their price objective on MercadoLibre from $2,150.00 to $1,950.00 and set a “neutral” rating for the company in a report on Wednesday. Raymond James began coverage on MercadoLibre in a research note on Friday, September 27th. They set an “outperform” rating and a $2,350.00 price target for the company. BTIG Research lowered their price objective on shares of MercadoLibre from $2,250.00 to $2,200.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Redburn Atlantic started coverage on shares of MercadoLibre in a research note on Friday, October 11th. They issued a “buy” rating and a $2,800.00 target price for the company. Finally, Morgan Stanley lowered their target price on shares of MercadoLibre from $2,500.00 to $2,450.00 and set an “overweight” rating on the stock in a report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,247.67.

MercadoLibre Trading Down 1.8 %

NASDAQ:MELI opened at $1,739.00 on Wednesday. The company has a market capitalization of $88.16 billion, a PE ratio of 61.36, a P/E/G ratio of 1.24 and a beta of 1.60. MercadoLibre has a 52-week low of $1,324.99 and a 52-week high of $2,161.73. The stock’s 50 day moving average price is $1,883.71 and its 200 day moving average price is $1,897.64. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.78.

Institutional Trading of MercadoLibre

Several institutional investors and hedge funds have recently modified their holdings of the business. Optimum Investment Advisors boosted its stake in shares of MercadoLibre by 750.0% during the 3rd quarter. Optimum Investment Advisors now owns 17 shares of the company’s stock worth $35,000 after purchasing an additional 15 shares during the last quarter. Quarry LP acquired a new stake in MercadoLibre during the second quarter worth approximately $43,000. Legacy Bridge LLC grew its stake in MercadoLibre by 53.3% in the 3rd quarter. Legacy Bridge LLC now owns 23 shares of the company’s stock worth $47,000 after acquiring an additional 8 shares during the period. GAMMA Investing LLC raised its holdings in MercadoLibre by 123.1% in the 4th quarter. GAMMA Investing LLC now owns 29 shares of the company’s stock valued at $49,000 after acquiring an additional 16 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in shares of MercadoLibre by 35.0% during the 3rd quarter. NBC Securities Inc. now owns 27 shares of the company’s stock worth $55,000 after purchasing an additional 7 shares during the period. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Insider Buying and Selling

In related news, Director Emiliano Calemzuk sold 50 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $1,984.98, for a total value of $99,249.00. Following the sale, the director now directly owns 238 shares of the company’s stock, valued at approximately $472,425.24. This represents a 17.36 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.06% of the company’s stock.

About MercadoLibre

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 websites or on the apps.