MercadoLibre (NASDAQ:MELI) Stock Price Target Cut by Scotiabank

MercadoLibre (NASDAQ:MELI) had its target price decreased by investment analysts at Scotiabank from $2,800.00 to $2,300.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank‘s price objective would indicate a potential upside of 52.32% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on MELI. JPMorgan Chase & Co. raised their target price on MercadoLibre from $1,900.00 to $2,150.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Susquehanna boosted their price target on MercadoLibre to $2,400.00 and gave the stock a “positive” rating in a report on Tuesday, October 6th. Weiss Ratings restated a “hold (c)” rating on shares of MercadoLibre in a research report on Tuesday, September 29th. New Street Research assumed coverage on MercadoLibre in a research report on Wednesday, September 23rd. They set a “buy” rating and a $2,450.00 price objective for the company. Finally, Cantor Fitzgerald reduced their price objective on MercadoLibre from $2,200.00 to $2,000.00 and set an “overweight” rating on the stock in a research note on Thursday. One equities research 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $2,198.75.

MercadoLibre Price Performance

Shares of MercadoLibre stock traded down $20.28 on Thursday, reaching $1,510.00. 881,894 shares of the stock were exchanged, 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. MercadoLibre has a one year low of $1,469.01 and a one year high of $2,342.00. 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 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 posted its quarterly earnings results 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). MercadoLibre had a return on equity of 26.54% and a net margin of 5.30%. The firm had revenue of $10.75 billion for the quarter, compared to analyst estimates of $10.69 billion. During the same quarter in the prior year, the business posted $8.32 EPS. The business’s revenue was up 45.1% on a year-over-year basis. As a group, analysts anticipate that MercadoLibre will post 38.09 EPS for the current fiscal year.

Institutional Trading of MercadoLibre

A number of hedge funds have recently added to or reduced their stakes in MELI. Wedbush Fund Advisers LLC acquired a new position in shares of MercadoLibre during the second quarter worth $29,000. Twin Lakes Capital Management LLC acquired a new stake in shares of MercadoLibre during the 2nd quarter valued at $31,000. NBT Bank N.A. bought a new stake in MercadoLibre during the 3rd quarter worth $35,000. Markowski Investments bought a new stake in MercadoLibre during the 2nd quarter worth $36,000. Finally, Byrne Asset Management LLC bought a new stake in MercadoLibre during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 87.62% of the company’s stock.

MercadoLibre News Roundup

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.