Cantor Fitzgerald Forecasts MercadoLibre FY2026 Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of MercadoLibre in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan forecasts that the company will earn $61.45 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $2,400.00 price objective on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share.

MercadoLibre (NASDAQ:MELI) last released its earnings results on Wednesday, May 7th. The company reported $9.74 EPS for the quarter, beating the consensus estimate of $7.82 by $1.92. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.55 billion. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%. The business’s quarterly revenue was up 37.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.78 earnings per share.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. upped their price target on shares of MercadoLibre from $2,250.00 to $2,600.00 and gave the stock a “neutral” rating in a research report on Thursday, May 22nd. Wall Street Zen downgraded MercadoLibre from a “buy” rating to a “hold” rating in a report on Friday, May 16th. Benchmark lowered MercadoLibre from a “buy” rating to a “cautious” rating in a research report on Thursday, May 1st. UBS Group set a $3,000.00 price target on MercadoLibre in a research report on Monday, June 2nd. Finally, Morgan Stanley restated an “overweight” rating on shares of MercadoLibre in a report on Thursday, May 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $2,613.75.

MercadoLibre Trading Down 1.4%

Shares of MELI stock opened at $2,448.60 on Tuesday. The firm’s 50-day simple moving average is $2,298.62 and its 200-day simple moving average is $2,066.22. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22. MercadoLibre has a 1-year low of $1,550.00 and a 1-year high of $2,635.88. The firm has a market cap of $124.14 billion, a P/E ratio of 64.95, a PEG ratio of 1.12 and a beta of 1.51.

Institutional Investors Weigh In On MercadoLibre

A number of hedge funds have recently bought and sold shares of MELI. Stratos Wealth Partners LTD. grew its position in shares of MercadoLibre by 5.7% during the fourth quarter. Stratos Wealth Partners LTD. now owns 407 shares of the company’s stock worth $692,000 after buying an additional 22 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in MercadoLibre during the 4th quarter worth $65,000. Apollon Wealth Management LLC increased its position in shares of MercadoLibre by 47.3% in the 4th quarter. Apollon Wealth Management LLC now owns 629 shares of the company’s stock worth $1,070,000 after purchasing an additional 202 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of MercadoLibre by 7.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 459 shares of the company’s stock valued at $781,000 after purchasing an additional 33 shares in the last quarter. Finally, Moloney Securities Asset Management LLC lifted its position in shares of MercadoLibre by 16.8% during the fourth quarter. Moloney Securities Asset Management LLC now owns 548 shares of the company’s stock worth $932,000 after purchasing an additional 79 shares during the last quarter. Institutional investors and hedge funds own 87.62% 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.