BTIG Research Reaffirms “Buy” Rating for MercadoLibre (NASDAQ:MELI)

MercadoLibre (NASDAQ:MELI)‘s stock had its “buy” rating restated by equities researchers at BTIG Research in a note issued to investors on Thursday,Benzinga reports. They currently have a $2,150.00 price target on the stock. BTIG Research’s price objective suggests a potential upside of 11.83% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the stock. UBS Group lowered their price target on shares of MercadoLibre from $2,050.00 to $1,750.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Benchmark reduced their price objective on shares of MercadoLibre from $2,780.00 to $2,380.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Morgan Stanley lowered their target price on MercadoLibre from $2,600.00 to $2,450.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Cantor Fitzgerald dropped their target price on MercadoLibre from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Finally, Daiwa Securities Group downgraded MercadoLibre from a “buy” rating to a “hold” rating and set a $1,800.00 price target on the stock. in a report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,258.67.

MercadoLibre Price Performance

MELI opened at $1,922.57 on Thursday. The company has a market capitalization of $97.47 billion, a price-to-earnings ratio of 50.74, a PEG ratio of 1.16 and a beta of 1.34. The company has a current ratio of 1.16, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. MercadoLibre has a 12-month low of $1,495.00 and a 12-month high of $2,548.50. The business’s fifty day simple moving average is $1,742.67 and its 200-day simple moving average is $1,798.59.

MercadoLibre (NASDAQ:MELI) last issued its earnings results on Thursday, August 6th. The company reported $9.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.65 by $0.54. The company had revenue of $10.17 billion for the quarter, compared to analysts’ expectations of $9.79 billion. MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The firm’s quarterly revenue was up 49.8% on a year-over-year basis. During the same period in the prior year, the business earned $10.31 EPS. On average, equities research analysts anticipate that MercadoLibre will post 41 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Alejandro Nicolas Aguzin acquired 600 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $1,655.93 per share, with a total value of $993,558.00. Following the transaction, the director directly owned 5,355 shares in the company, valued at approximately $8,867,505.15. This represents a 12.62% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MercadoLibre

Institutional investors have recently bought and sold shares of the company. Brown Advisory Inc. boosted its stake in shares of MercadoLibre by 2,494.9% during the 4th quarter. Brown Advisory Inc. now owns 15,362 shares of the company’s stock worth $30,943,000 after acquiring an additional 14,770 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its stake in shares of MercadoLibre by 238.3% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,030 shares of the company’s stock valued at $4,089,000 after purchasing an additional 1,430 shares in the last quarter. TIAA Trust National Association raised its holdings in MercadoLibre by 10.9% in the 4th quarter. TIAA Trust National Association now owns 11,011 shares of the company’s stock worth $22,179,000 after purchasing an additional 1,083 shares during the period. Deepwater Asset Management LLC boosted its position in MercadoLibre by 38.6% during the fourth quarter. Deepwater Asset Management LLC now owns 7,765 shares of the company’s stock worth $15,641,000 after purchasing an additional 2,164 shares in the last quarter. Finally, Employees Retirement System of Texas boosted its position in MercadoLibre by 18.2% during the fourth quarter. Employees Retirement System of Texas now owns 40,184 shares of the company’s stock worth $80,941,000 after purchasing an additional 6,200 shares in the last quarter. 87.62% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Revenue and earnings exceeded expectations. Revenue reached $10.17 billion, up 49.8% year over year and above the roughly $9.79 billion consensus estimate. Adjusted earnings of $9.19 per share also topped forecasts of approximately $8.65–$8.69. MercadoLibre, Inc. Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Core platform momentum remained powerful. MercadoLibre said revenue and financial income grew about 50%, the fastest growth rate in four years, while increasing unique active buyers and deeper customer engagement strengthened its e-commerce and fintech ecosystem. MercadoLibre stuns with 50% growth as AI agents pitch in
• Neutral Sentiment: Operating performance was sizable but requires monitoring. The company generated $683 million in operating income, representing a 6.7% margin, and $466 million in net income. Investors will assess whether MercadoLibre can sustain its rapid expansion while preserving profitability. Mercado Libre Q2 2026 Revenue Surpasses $10 Billion
• Negative Sentiment: Profitability weakened year over year. EPS fell from $10.31 in the prior-year quarter to $9.19, and Reuters described the result as the company’s third consecutive decline in net profit. The lower margins overshadowed the revenue and EPS beats, prompting a negative immediate market reaction. MercadoLibre’s net profit beats estimates despite third straight decline

About MercadoLibre

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.