Wedbush Estimates MercadoLibre’s Q1 Earnings (NASDAQ:MELI)

MercadoLibre, Inc. (NASDAQ:MELI) – Analysts at Wedbush cut their Q1 2025 earnings per share estimates for MercadoLibre in a research note issued 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 prior estimate of $7.29. Wedbush has a “Outperform” rating and a $2,100.00 price target 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.

A number of other research firms have also issued reports on MELI. Bank of America raised their target price on shares of MercadoLibre from $2,250.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, September 12th. Raymond James began coverage on MercadoLibre in a research report on Friday, September 27th. They issued an “outperform” rating and a $2,350.00 price target on the stock. JPMorgan Chase & Co. cut their price objective on MercadoLibre from $2,400.00 to $2,150.00 and set a “neutral” rating for the company in a research report on Wednesday, November 13th. Redburn Atlantic initiated coverage on MercadoLibre in a report on Friday, October 11th. They issued a “buy” rating and a $2,800.00 target price on the stock. Finally, Barclays cut their price target on MercadoLibre from $2,500.00 to $2,200.00 and set an “overweight” rating for the company in a report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,261.00.

MercadoLibre Price Performance

Shares of NASDAQ:MELI opened at $1,771.22 on Wednesday. The stock has a market capitalization of $89.80 billion, a P/E ratio of 62.50, a P/E/G ratio of 1.24 and a beta of 1.60. The business has a 50-day moving average of $1,889.35 and a two-hundred day moving average of $1,898.75. MercadoLibre has a fifty-two week low of $1,324.99 and a fifty-two week high of $2,161.73. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MELI. Optimum Investment Advisors boosted its stake in MercadoLibre by 750.0% in the third quarter. Optimum Investment Advisors now owns 17 shares of the company’s stock worth $35,000 after purchasing an additional 15 shares in the last quarter. Quarry LP acquired a new position in MercadoLibre during the 2nd quarter worth about $43,000. Legacy Bridge LLC grew its holdings in MercadoLibre by 53.3% during 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 last quarter. GAMMA Investing LLC increased its position 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 in the last quarter. Finally, NBC Securities Inc. raised its stake in shares of MercadoLibre by 35.0% in the third quarter. NBC Securities Inc. now owns 27 shares of the company’s stock worth $55,000 after acquiring an additional 7 shares during the last quarter. 87.62% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Emiliano Calemzuk sold 50 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $1,984.98, for a total transaction of $99,249.00. Following the completion of the sale, the director now owns 238 shares of the company’s stock, valued at approximately $472,425.24. This trade represents a 17.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.06% of the company’s stock.

MercadoLibre Company Profile

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.