Is meli stock going up or down?
Since then, MELI stock has increased by 70.2% and is now trading at $937.26. View which stocks have been most impacted by COVID-19. Are investors shorting MercadoLibre? MercadoLibre saw a drop in short interest during the month of January.
How do I get the latest Meli news and ratings?
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What is the price targets for MercadoLibre's stock?
Their forecasts range from $1,250.00 to $2,250.00. On average, they expect MercadoLibre's share price to reach $1,858.00 in the next year. This suggests a possible upside of 98.2% from the stock's current price. View analysts' price targets for MercadoLibre or view top-rated stocks among Wall Street analysts.
What happened to MercadoLibre stock?
MercadoLibre's stock was trading at $550.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MELI stock has increased by 70.2% and is now trading at $937.26. View which stocks have been most impacted by COVID-19. Are investors shorting MercadoLibre?
Will MELI stock go up?
The 21 analysts offering 12-month price forecasts for Mercadolibre Inc have a median target of 1,400.00, with a high estimate of 1,700.00 and a low estimate of 850.00. The median estimate represents a +114.07% increase from the last price of 654.00.
Is MELI a good stock to buy?
Out of 9 analysts, 5 (55.56%) are recommending MELI as a Strong Buy, 3 (33.33%) are recommending MELI as a Buy, 1 (11.11%) are recommending MELI as a Hold, 0 (0%) are recommending MELI as a Sell, and 0 (0%) are recommending MELI as a Strong Sell. What is MELI's earnings growth forecast for 2022-2024?
Is MELI a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
How many shares of MELI are there?
Share StatisticsAvg Vol (3 month) 3675.76kShares Outstanding 550.38MImplied Shares Outstanding 6N/AFloat 846.29M% Held by Insiders 18.13%7 more rows
Is MELI stock overvalued?
ADR (SE - Get Rating) and MercadoLibre, Inc. (MELI - Get Rating), which look highly overvalued at their current price levels considering their weak fundamentals and growth prospects, are best avoided.
What is the target price for MELI?
Stock Price Target MELIHigh$1,700.00Median$1,400.00Low$850.00Average$1,374.43Current Price$659.92
Is Palantir a buy Zacks?
Zacks' proprietary data indicates that Palantir Technologies Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the PLTR shares relative to the market in the next few months.
Is the trade desk a buy Zacks?
The Trade Desk - Buy Zacks' proprietary data indicates that The Trade Desk is currently rated as a Zacks Rank 2 and we are expecting an above average return from the TTD shares relative to the market in the next few months.
How can I buy MELI stock?
How to buy shares in MercadoLibreCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Is Meli undervalued?
MELI ($708.63) is undervalued by... subscribe to Premium to read more.
What kind of company is Meli?
Mercadolibre Inc (NASDAQ:MELI) engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries.
Why is MercadoLibre down?
What happened. MercadoLibre (NASDAQ: MELI) shareholders lost ground to the market on Monday, with the stock dropping 13% by 1:30 p.m. ET compared to a 2% slump in the S&P 500. The decline pushed the Latin American e-commerce giant deeper into negative territory so far in 2022, down about 40%.
Should I buy or sell MercadoLibre stock right now?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 1 hold rating and 11 b...
What is MercadoLibre's stock price forecast for 2022?
12 brokerages have issued twelve-month price objectives for MercadoLibre's shares. Their forecasts range from $1,150.00 to $2,200.00. On average, t...
How has MercadoLibre's stock price performed in 2022?
MercadoLibre's stock was trading at $1,348.40 at the beginning of the year. Since then, MELI shares have decreased by 48.7% and is now trading at $...
When is MercadoLibre's next earnings date?
MercadoLibre is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for Mercad...
How were MercadoLibre's earnings last quarter?
MercadoLibre, Inc. (NASDAQ:MELI) posted its quarterly earnings results on Thursday, May, 5th. The company reported $1.30 earnings per share for the...
Who are MercadoLibre's key executives?
MercadoLibre's management team includes the following people: Mr. Marcos Eduardo Galperín , Co-Founder, Chairman, CEO & Pres (Age 51, Pay $16.68...
What is Marcos Galperín's approval rating as MercadoLibre's CEO?
362 employees have rated MercadoLibre CEO Marcos Galperín on Glassdoor.com . Marcos Galperín has an approval rating of 96% among MercadoLibre's em...
Who are some of MercadoLibre's key competitors?
Some companies that are related to MercadoLibre include PayPal (PYPL) , Pinduoduo (PDD) , Fiserv (FISV) , Fidelity National Information Service...
What other stocks do shareholders of MercadoLibre own?
Based on aggregate information from My MarketBeat watchlists, some companies that other MercadoLibre investors own include NVIDIA (NVDA) , Shopif...
Nasdaq Global Select
Environmental, Social, and Governance Rating
MercadoLibre is a formidable e-commerce operator in Latin America, offering an online marketplace and related services, like e-payments.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
What is a mercadolibre?
MercadoLibre is a formidable e-commerce operator in Latin America, offering an online marketplace and related services, like e-payments.
Where is MercadoLibre located?
It offers MercadoLibre Marketplace, an automated online e-commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. The company was founded in 1999 and is based in Vicente Lopez, Argentina.
If the pandemic ends, will e-commerce's big gains end with it?
The company was founded in 1999 and is based in Vicente Lopez, Argentina.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
It's Tuesday, and e-commerce stocks are sinking again.
Now what
But isn't that good news? Well, in a sane world, certainly. The potential for Pfizer to have a safe and effective vaccine for COVID-19 promises to release consumers from their homes around the world and permit them to rejoin the global economy, venturing out, eating out, seeing entertainment in a crowd, and shopping with abandon (and in person).
