BTIG Research Issues Pessimistic Forecast for MercadoLibre (NASDAQ:MELI) Stock Price

MercadoLibre (NASDAQ:MELI) had its target price cut by stock analysts at BTIG Research from $2,150.00 to $2,050.00 in a report released on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. BTIG Research‘s target price would suggest a potential upside of 35.76% from the company’s previous close.

Several other brokerages also recently weighed in on MELI. Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of MercadoLibre in a report on Thursday. New Street Research began coverage on shares of MercadoLibre in a report on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 price target for the company. Susquehanna boosted their target price on shares of MercadoLibre to $2,400.00 and gave the stock a “positive” rating in a research note on Tuesday, October 6th. Finally, Cantor Fitzgerald reduced their price target on shares of MercadoLibre from $2,200.00 to $2,000.00 and set an “overweight” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, MercadoLibre currently has an average rating of “Moderate Buy” and a consensus price target of $2,198.75.

MercadoLibre Stock Performance

MELI stock traded down $20.28 during midday trading on Thursday, reaching $1,510.00. The stock had a trading volume of 881,894 shares, compared to its average volume of 542,043. The stock 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. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.12. The firm has a fifty day simple moving average of $1,808.01 and a two-hundred day simple moving average of $1,804.55. MercadoLibre has a 52-week low of $1,469.01 and a 52-week high of $2,342.00.

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

Institutional Investors Weigh In On MercadoLibre

Institutional investors have recently modified their holdings of the company. Aberdeen Group plc lifted its position in shares of MercadoLibre by 6,304.8% during the third quarter. Aberdeen Group plc now owns 2,473,606 shares of the company’s stock worth $4,275,702,000 after purchasing an additional 2,434,985 shares in the last quarter. BlackRock Inc. acquired a new position in shares of MercadoLibre in the second quarter valued at approximately $2,246,015,000. Jupiter Topco LLC purchased a new stake in MercadoLibre during the 2nd quarter worth approximately $917,123,000. Linonia Partnership LP increased its stake in MercadoLibre by 325.1% during the 2nd quarter. Linonia Partnership LP now owns 553,788 shares of the company’s stock worth $939,994,000 after buying an additional 423,527 shares during the period. Finally, Royal Bank of Canada lifted its holdings in MercadoLibre by 114.2% during the 1st quarter. Royal Bank of Canada now owns 444,603 shares of the company’s stock worth $768,728,000 after buying an additional 237,008 shares in the last quarter. 87.62% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about 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?

MercadoLibre Company Profile

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.