Mercado LibreMELI
About: MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Employees: 58,313
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 492 | Existing positions reduced: 397
10% more first-time investments, than exits
New positions opened: 165 | Existing positions closed: 150
4% less funds holding
Funds holding: 1,273 [Q3] → 1,227 (-46) [Q4]
4.1% less ownership
Funds ownership: 82.61% [Q3] → 78.52% (-4.1%) [Q4]
15% less funds holding in top 10
Funds holding in top 10: 72 [Q3] → 61 (-11) [Q4]
21% less capital invested
Capital invested by funds: $85.4B [Q3] → $67.8B (-$17.6B) [Q4]
31% less call options, than puts
Call options by funds: $1.93B | Put options by funds: $2.8B
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 75% 1-year accuracy 39 / 52 met price target | 33%upside $3,000 | Overweight Maintained | 21 Feb 2025 |
Susquehanna James Friedman 62% 1-year accuracy 43 / 69 met price target | 22%upside $2,760 | Positive Maintained | 21 Feb 2025 |
B of A Securities Robert Ford 0% 1-year accuracy 0 / 2 met price target | 33%upside $3,000 | Buy Maintained | 21 Feb 2025 |
Barclays Trevor Young 59% 1-year accuracy 16 / 27 met price target | 11%upside $2,500 | Overweight Maintained | 21 Feb 2025 |
Raymond James Josh Beck 82% 1-year accuracy 18 / 22 met price target | 0%downside $2,250 | Strong Buy Upgraded | 21 Jan 2025 |
Financial journalist opinion
Based on 32 articles about MELI published over the past 30 days
