Wedbush Has Pessimistic Outlook of MercadoLibre Q3 Earnings

MercadoLibre, Inc. (NASDAQ:MELI) – Investment analysts at Wedbush dropped their Q3 2025 EPS estimates for shares of MercadoLibre in a report released on Thursday, October 23rd. Wedbush analyst S. Devitt now forecasts that the company will post earnings of $9.56 per share for the quarter, down from their prior estimate of $10.48. Wedbush has a “Outperform” rating and a $2,700.00 price objective on the stock. The consensus estimate for MercadoLibre’s current full-year earnings is $43.96 per share. Wedbush also issued estimates for MercadoLibre’s FY2026 earnings at $62.58 EPS.

MELI has been the subject of a number of other research reports. Barclays decreased their price target on shares of MercadoLibre from $3,000.00 to $2,800.00 and set an “overweight” rating for the company in a research note on Tuesday, October 21st. Raymond James Financial reaffirmed a “strong-buy” rating and set a $2,750.00 price objective on shares of MercadoLibre in a report on Tuesday, August 5th. Benchmark reaffirmed a “buy” rating and set a $2,875.00 price objective on shares of MercadoLibre in a report on Tuesday, October 21st. Susquehanna cut their price objective on shares of MercadoLibre from $2,975.00 to $2,900.00 and set a “positive” rating on the stock in a report on Monday, October 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of MercadoLibre in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $2,799.12.

MercadoLibre Stock Performance

Shares of MELI stock opened at $2,290.14 on Monday. The firm has a market capitalization of $116.11 billion, a PE ratio of 56.56, a price-to-earnings-growth ratio of 1.55 and a beta of 1.46. The firm has a fifty day simple moving average of $2,312.95 and a two-hundred day simple moving average of $2,366.69. The company has a current ratio of 1.20, a quick ratio of 1.18 and a debt-to-equity ratio of 0.61. MercadoLibre has a 12 month low of $1,646.00 and a 12 month high of $2,645.22.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings results on Monday, August 4th. The company reported $10.31 EPS for the quarter, missing analysts’ consensus estimates of $12.01 by ($1.70). The business had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.57 billion. MercadoLibre had a net margin of 8.52% and a return on equity of 43.06%. The business’s revenue for the quarter was up 33.8% compared to the same quarter last year. During the same quarter last year, the firm posted $10.48 EPS.

Hedge Funds Weigh In On MercadoLibre

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Key Financial Inc purchased a new position in shares of MercadoLibre in the 1st quarter worth about $25,000. GW&K Investment Management LLC purchased a new position in shares of MercadoLibre in the 1st quarter worth about $25,000. Close Asset Management Ltd boosted its holdings in shares of MercadoLibre by 366.7% in the 1st quarter. Close Asset Management Ltd now owns 14 shares of the company’s stock worth $27,000 after buying an additional 11 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of MercadoLibre by 650.0% in the 1st quarter. Brooklyn Investment Group now owns 15 shares of the company’s stock worth $29,000 after buying an additional 13 shares during the last quarter. Finally, Twin Tree Management LP purchased a new position in shares of MercadoLibre in the 1st quarter worth about $29,000. 87.62% of the stock is owned by hedge funds and other institutional investors.

About MercadoLibre

MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.