At the time of writing, MercadoLibre Inc [MELI] stock is trading at $1826.11, up 1.75%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MELI shares have lost -4.64% over the last week, with a monthly amount drifted -6.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MercadoLibre Inc [NASDAQ: MELI] stock has seen the most recent analyst activity on January 30, 2025, when New Street upgraded its rating to a Buy and also boosted its price target to $2300 from $2000. Previously, Raymond James upgraded its rating to Strong Buy on January 21, 2025, and kept the price target unchanged to $2250. On October 11, 2024, Redburn Atlantic initiated with a Buy rating and assigned a price target of $2800 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $2400 on October 02, 2024. Raymond James initiated its recommendation with a Outperform and recommended $2350 as its price target on September 27, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on September 05, 2024, and assigned it a price target of $2530. In a note dated May 24, 2024, New Street downgraded an Neutral rating on this stock.
For the past year, the stock price of MercadoLibre Inc fluctuated between $1324.99 and $2374.54. Currently, Wall Street analysts expect the stock to reach $2640 within the next 12 months. MercadoLibre Inc [NASDAQ: MELI] shares were valued at $1826.11 at the most recent close of the market. An investor can expect a potential return of 44.57% based on the average MELI price forecast.
Analyzing the MELI fundamentals
According to MercadoLibre Inc [NASDAQ:MELI], the company’s sales were 20.78B for trailing twelve months, which represents an 42.20% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.5 and Total Capital is 0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1,776.16 points at the first support level, and at 1,726.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,910.08, and for the 2nd resistance point, it is at 1,994.04.
Ratios To Look Out For
It is important to note that MercadoLibre Inc [NASDAQ:MELI] has a current ratio of 1.21. In addition, the Quick Ratio stands at 1.19 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 4.46, the price to book ratio is 21.28 and price to earnings (TTM) ratio is 48.45.
Transactions by insiders
Recent insider trading involved Meliga No.1 Limited Partnershi, 7.0% stockholder, that happened on Feb 26 ’25 when 0.15 million shares were purchased. Director, Calemzuk Emiliano completed a deal on Nov 29 ’24 to sell 50.0 shares. Meanwhile, Director Calemzuk Emiliano bought 50.0 shares on Nov 27 ’24.
