MercadoLibre (NASDAQ:MELI) Stock Price Target Cut by Cantor Fitzgerald

MercadoLibre (NASDAQ:MELI) had its price target decreased by investment analysts at Cantor Fitzgerald from $2,200.00 to $2,000.00 in a research report issued on Thursday, Marketbeat reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald‘s price objective points to a potential upside of 32.45% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Zacks Research upgraded shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Raymond James Financial restated a “strong-buy” rating on shares of MercadoLibre in a research note on Thursday. New Street Research initiated coverage on MercadoLibre in a report on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on MercadoLibre from $1,900.00 to $2,150.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Finally, Susquehanna boosted their price target on MercadoLibre to $2,400.00 and gave the company a “positive” rating in a report on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,198.75.

MercadoLibre Stock Down 1.3%

MELI stock traded down $20.28 during midday trading on Thursday, hitting $1,510.00. The company’s stock had a trading volume of 881,894 shares, compared to its average volume of 542,043. The firm’s 50-day moving average is $1,808.01 and its 200-day moving average is $1,804.55. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53. MercadoLibre has a 12 month low of $1,469.01 and a 12 month high of $2,342.00. The company has a market cap of $76.56 billion, a PE ratio of 40.50, a P/E/G ratio of 1.18 and a beta of 1.42.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $8.83 EPS for the quarter, missing analysts’ consensus estimates of $9.27 by ($0.44). The company had revenue of $10.75 billion during the quarter, compared to the consensus estimate of $10.69 billion. MercadoLibre had a return on equity of 26.54% and a net margin of 5.30%. The business’s revenue was up 45.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $8.32 earnings per share. On average, equities research analysts forecast that MercadoLibre will post 38.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On MercadoLibre

Several large investors have recently made changes to their positions in MELI. CORDA Investment Management LLC. purchased a new position in MercadoLibre during the second quarter valued at $1,241,000. Deutsche Bank AG purchased a new stake in MercadoLibre in the 2nd quarter worth $279,445,000. State Street Corp lifted its stake in MercadoLibre by 7.7% in the 2nd quarter. State Street Corp now owns 459,748 shares of the company’s stock worth $780,372,000 after purchasing an additional 32,734 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of MercadoLibre by 72.5% during the 2nd quarter. Allianz Asset Management GmbH now owns 102,614 shares of the company’s stock valued at $174,176,000 after purchasing an additional 43,130 shares during the last quarter. Finally, Nykredit A S bought a new position in shares of MercadoLibre during the 2nd quarter valued at about $43,261,000. 87.62% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Third-quarter revenue and financial income rose 45% year over year to $10.75 billion, beating estimates; growth was broad-based, with Brazil especially strong and fintech continuing to expand. Mercado Libre Revenue Reaches $10.75 Billion in Q3 2026
• Positive Sentiment: Management is investing in fulfillment capacity, shipping and marketing to attract and retain customers, arguing the spending can support longer-term growth. The company also outlined further fulfillment expansion. MercadoLibre Plunged After Earnings. Here’s Why I’m Not Selling.
• Neutral Sentiment: Some brokers kept positive ratings despite reducing price targets, indicating continued confidence in MELI’s longer-term prospects but greater caution about near-term expectations. Scotiabank analyst rating and price target
• Negative Sentiment: Quarterly EPS of $8.83 missed estimates. Operating income fell 6% to $676 million, and the operating margin narrowed to 6.3% from 9.8% a year earlier as fulfillment, shipping subsidies and marketing costs increased. Investors are concerned that growth is coming at the expense of near-term earnings. MercadoLibre Pays Up to Win Shoppers’ Loyalty
• Negative Sentiment: Reports also cite foreign-exchange exposure and regional political uncertainty, including Brazil’s election aftermath, as risks that could add volatility to results. Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?

About MercadoLibre

MercadoLibre, Inc operates an online commerce and financial technology platform focused on Latin America. Founded in Argentina in 1999, the company connects buyers and sellers through its marketplace, where businesses and individuals can list and purchase a wide range of products.

The company’s services also include Mercado Pago, which offers digital payment and financial services for transactions on and off its marketplace. MercadoLibre supports commerce with services such as Mercado Envíos, its shipping and logistics platform, and provides advertising tools for merchants and brands.

MercadoLibre serves customers and businesses across numerous Latin American markets, including Brazil, Mexico and Argentina.