Redburn Atlantic initiated coverage on MercadoLibre with a new price target
$MELI
Business Services
Consumer Discretionary
Redburn Atlantic initiated coverage of MercadoLibre with a rating of Buy and set a new price target of $2,800.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/11/2024 | $2800.00 | Buy | Redburn Atlantic |
| 10/2/2024 | $2400.00 | Overweight → Neutral | JP Morgan |
| 9/27/2024 | $2350.00 | Outperform | Raymond James |
| 9/5/2024 | $2530.00 | Overweight | Cantor Fitzgerald |
| 5/24/2024 | Buy → Neutral | New Street | |
| 5/20/2024 | $1400.00 → $2100.00 | Hold → Buy | Jefferies |
| 4/23/2024 | $1685.00 | Hold → Buy | DZ Bank |
| 11/27/2023 | $2000.00 | Neutral → Buy | BofA Securities |
MONTEVIDEO, Uruguay, Aug. 10, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ:MELI)—the leading technology company in e-commerce and financial services in Latin America—announced today the appointment of Martín de los Santos as its new CFO. The current CFO, Pedro Arnt, will leave his position to pursue new opportunities outside the company. Marcos Galperin, CEO of Mercado Libre expressed: "I want to express my gratitude to Pedro for his leadership and contributions since he joined Mercado Libre 24 years ago. His human and professional guidance have left a significant mark on our entire team. We wish Pedro all the best in the next chapter of his professional life." Galperin also state
Montevideo, Oct. 30, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ:MELI) (http://www.mercadolibre.com) announces that it intends to release financial results for its third fiscal quarter ending September 30, 2024, on November 6, 2024. The Company will host its earnings results video conference, as well as a conference call and audio webcast, on November 6, at 5:00 p.m. Eastern Time. In order to access our video webcast and the live audio, investors, analysts and the market in general may access the following link at https://event.choruscall.com/mediaframe/webcast.html?webcastid=4HHi3KN7 to attend the live event. To participate in our conference call Q&A, investors, analy
Motevideo, Aug. 01, 2024 (GLOBE NEWSWIRE) -- MONTEVIDEO, Uruguay; August 1, 2024; (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ:MELI) (http://www.mercadolibre.com) today reported financial results for the quarter ended June 30, 2024, in a Letter to Shareholders, which is now posted to the company's Investor Relations website https://investor.mercadolibre.com. The Company will host its earnings video conference, as well as a conference call and audio webcast for any questions that investors may have, on August 1, at 5:00 p.m. Eastern Time. To access our video webcast and the live audio, investors, analysts and the market in general may access the following link at https://edge.medi
Montevideo, July 25, 2024 (GLOBE NEWSWIRE) -- MONTEVIDEO, Uruguay; July 25, 2024; (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ:MELI) (http://www.mercadolibre.com) announces that it intends to release financial results for its second fiscal quarter ending June 30, 2024, on August 1, 2024. The Company will host its earnings results video conference, as well as a conference call and audio webcast, on August 1, at 5:00 p.m. Eastern Time. In order to access our video webcast and the live audio, investors, analysts and the market in general may access the following link https://edge.media-server.com/mmc/p/wxyza35x and register to attend the live event. To participate in our co
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Montevideo, Oct. 30, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ:MELI) (http://www.mercadolibre.com) announces that it intends to release financial results for its third fiscal quarter ending September 30, 2024, on November 6, 2024. The Company will host its earnings results video conference, as well as a conference call and audio webcast, on November 6, at 5:00 p.m. Eastern Time. In order to access our video webcast and the live audio, investors, analysts and the market in general may access the following link at https://event.choruscall.com/mediaframe/webcast.html?webcastid=4HHi3KN7 to attend the live event. To participate in our conference call Q&A, investors, analy
Montevideo, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Mercado Libre (NASDAQ:MELI), the leading e-commerce and fintech platform in Latin America, launches the latest episode of its podcast series, IR Interviews, "Strategy and Growth Opportunities with Leandro Cuccioli", Mercado Libre's Senior VP of CorpDev, Strategy, Sustainability and IR. IR Interviews is a unique space for investors to access the company executives' strategic views. Hosted by Investor Relations Officer Richard Cathcart, the episode features an in-depth conversation about Mercado Libre's ambitious long-term growth goals, the company's significant progress in shifting offline commerce online, and how Mercado Pago is leading
Motevideo, Aug. 01, 2024 (GLOBE NEWSWIRE) -- MONTEVIDEO, Uruguay; August 1, 2024; (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (NASDAQ:MELI) (http://www.mercadolibre.com) today reported financial results for the quarter ended June 30, 2024, in a Letter to Shareholders, which is now posted to the company's Investor Relations website https://investor.mercadolibre.com. The Company will host its earnings video conference, as well as a conference call and audio webcast for any questions that investors may have, on August 1, at 5:00 p.m. Eastern Time. To access our video webcast and the live audio, investors, analysts and the market in general may access the following link at https://edge.medi
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Investors with a lot of money to spend have taken a bullish stance on MercadoLibre (NASDAQ:MELI). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MELI, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 8 uncommon options trades for MercadoLibre. This isn't normal. The overall sentiment of these big-money traders is split between 37% bullish and 25%, bearish. Out of all of the s
MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 5 years by 8.3% on an annualized basis producing an average annual return of 21.12%. Currently, MercadoLibre has a market capitalization of $82.38 billion. Buying $1000 In MELI: If an investor had bought $1000 of MELI stock 5 years ago, it would be worth $2,600.10 today based on a price of $1625.00 for MELI at the time of writing. MercadoLibre's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content e
Financial giants have made a conspicuous bullish move on MercadoLibre. Our analysis of options history for MercadoLibre (NASDAQ:MELI) revealed 17 unusual trades. Delving into the details, we found 35% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $690,190, and 11 were calls, valued at $433,143. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1400.0 to $2600.0 for MercadoLibre over the recent three months. Volume & Open Interest Trends Looking at the volume and open interest is a powerful move while trading options. Th
Redburn Atlantic initiated coverage of MercadoLibre with a rating of Buy and set a new price target of $2,800.00
JP Morgan downgraded MercadoLibre from Overweight to Neutral and set a new price target of $2,400.00
Raymond James initiated coverage of MercadoLibre with a rating of Outperform and set a new price target of $2,350.00