MercadoLibre/MELI

$1,709.86

0.1%
-
1D1W1MYTD1YMAX

About MercadoLibre

Mercado Libre Inc is a Uruguay-based e-commerce business facilitator of Argentinian origins. The e-commerce products enable retail and wholesale via Internet platforms designed to provide users with a portfolio of services to facilitate commercial transactions. The Company's geographic coverage includes 18 countries of Latin America. The primary offer is an ecosystem of six integrated e-commerce services: the Mercado Libre Marketplace, the Mercado Libre Classifieds service, the Mercado Pago payments solution, the Mercado Credito financial solutions, the Mercado Envios logistic solutions including shipping, the Mercado Ads advertising platform and the Mercado Shops digital storefront solution.

Ticker

MELI

Sector

Technology

Trading on

NASDAQ

Industry

Retail (Specialty)

CEO

Marcos Galperin

Employees

58,313

Headquarters

Montevideo, Uruguay

MercadoLibre Metrics

BasicAdvanced
$87B
Market cap
76.58
P/E ratio
$22.30
EPS
1.59
Beta
-
Dividend rate
$87B
1.59416
$1,825.00
$1,063.02
387K
1.265
1.247
65.605
131.858
76.132
8.11%
6.79%
41.62%
18.56%
76.581
5.491
25.43
27.23
16.572
39.23%
81.73%
53.86%

What the Analysts think about MercadoLibre

Analyst Ratings

Majority rating from 19 analysts.
Buy

Price Targets

Average projection from 19 analysts.
16.28% upside
High $2,270.00
Low $1,790.00
$1,709.86
Current price
$1,988.24
Average price target

MercadoLibre Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.93% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$4.3B
1.69%
Net income
$344M
108.48%
Profit margin
7.93%
104.91%

MercadoLibre Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 12.5%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$5.16
$7.16
$3.25
$6.78
-
Expected
$4.54
$5.86
$7.08
$6.03
$8.63
Surprise
13.73%
22.27%
-54.09%
12.5%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for MercadoLibre stock?

MercadoLibre (MELI) has a market cap of $87B as of May 30, 2024.

What is the P/E ratio for MercadoLibre stock?

The price to earnings (P/E) ratio for MercadoLibre (MELI) stock is 76.58 as of May 30, 2024.

Does MercadoLibre stock pay dividends?

No, MercadoLibre (MELI) stock does not pay dividends to its shareholders as of May 30, 2024.

When is the next MercadoLibre dividend payment date?

MercadoLibre (MELI) stock does not pay dividends to its shareholders.

What is the beta indicator for MercadoLibre?

MercadoLibre (MELI) has a beta rating of 1.59. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the MercadoLibre stock price target?

The target price for MercadoLibre (MELI) stock is $1988.24, which is 16.28% above the current price of $1709.86. This is an average based on projections from 19 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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