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MercadoLibre (MELI)

(Delayed Data from NSDQ)

$2,103.75 USD

2,103.75
319,374

-5.65 (-0.27%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $2,099.84 -3.91 (-0.19%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 22% (54 out of 251)

Industry: Internet - Commerce

Better trading starts here.

Zacks News

MercadoLibre (MELI) Rises But Trails Market: What Investors Should Know

MercadoLibre (MELI) concluded the recent trading session at $2,109.40, signifying a +0.32% move from its prior day's close.

MercadoLibre (MELI) Stock Dips While Market Gains: Key Facts

MercadoLibre (MELI) concluded the recent trading session at $2,122.37, signifying a -0.83% move from its prior day's close.

CHWY vs. MELI: Which Stock Is the Better Value Option?

CHWY vs. MELI: Which Stock Is the Better Value Option?

Is First Trust NASDAQ-100 Equal Weighted ETF (QQEW) a Strong ETF Right Now?

Smart Beta ETF report for QQEW

Shilpa Mete headshot

MercadoLibre Stock Gains 25.7% in a Month: Should You Buy or Wait?

MELI rides on strength in the e-commerce and fintech businesses amid broader economic uncertainties.

Is Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) a Strong ETF Right Now?

Smart Beta ETF report for QQQE

CHWY or MELI: Which Is the Better Value Stock Right Now?

CHWY vs. MELI: Which Stock Is the Better Value Option?

Sheraz Mian headshot

The Market's Excessive Recession Fears

We comment on the ongoing market sell-off, in addition to featuring new research reports on Johnson & Johnson (JNJ), T-Mobile (TMUS) and Marsh & McLennan (MMC) and others.

MercadoLibre (MELI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for MercadoLibre (MELI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

MercadoLibre's (MELI) Q2 Earnings & Revenues Beat, Up Y/Y

MercadoLibre's (MELI) second-quarter 2024 results benefit from increasing total payments volume, courtesy of the robust Mercado Pago.

MercadoLibre (MELI) Beats Q2 Earnings and Revenue Estimates

MercadoLibre (MELI) delivered earnings and revenue surprises of 20.18% and 6.50%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Shilpa Mete headshot

MecadoLibre (MELI) Stock Before Q2 Earnings: Buy, Sell, or Hold?

MercadoLibre's (MELI) second-quarter results are likely to reflect strength in its e-commerce and fintech businesses.

Groupon (GRPN) Reports Q2 Loss, Tops Revenue Estimates

Groupon (GRPN) delivered earnings and revenue surprises of -100% and 2.40%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Unveiling MercadoLibre (MELI) Q2 Outlook: Wall Street Estimates for Key Metrics

Evaluate the expected performance of MercadoLibre (MELI) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Investors Heavily Search MercadoLibre, Inc. (MELI): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to MercadoLibre (MELI). This makes it worthwhile to examine what the stock has in store.

Shilpa Mete headshot

MercadoLibre (MELI) Gains 3% YTD: How to Play the Stock Now?

MercadoLibre (MELI) rides on strength in its commerce and fintech businesses amid market uncertainties.

Brokers Suggest Investing in MercadoLibre (MELI): Read This Before Placing a Bet

Based on the average brokerage recommendation (ABR), MercadoLibre (MELI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

MercadoLibre (MELI) Rises As Market Takes a Dip: Key Facts

The latest trading day saw MercadoLibre (MELI) settling at $1,692.23, representing a +0.29% change from its previous close.

Sheraz Mian headshot

Top Analyst Reports for Broadcom, Roche & Micron Technology

Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Roche Holding AG (RHHBY) and Micron Technology, Inc. (MU), as well a micro-cap stock Moving iMage Technologies, Inc. (MITQ).

MercadoLibre (MELI) Stock Sinks As Market Gains: What You Should Know

MercadoLibre (MELI) concluded the recent trading session at $1,720.43, signifying a -1.35% move from its prior day's close.

DTC or MELI: Which Is the Better Value Stock Right Now?

DTC vs. MELI: Which Stock Is the Better Value Option?

MercadoLibre (MELI) Stock Falls Amid Market Uptick: What Investors Need to Know

MercadoLibre (MELI) reachead $1,703.55 at the closing of the latest trading day, reflecting a -1.07% change compared to its last close.

Is It Worth Investing in MercadoLibre (MELI) Based on Wall Street's Bullish Views?

Based on the average brokerage recommendation (ABR), MercadoLibre (MELI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

MercadoLibre (MELI) Stock Dips While Market Gains: Key Facts

MercadoLibre (MELI) reachead $1,660.89 at the closing of the latest trading day, reflecting a -1.08% change compared to its last close.