MercadoLibre, Inc. $MELI Stock: ProShare Advisors LLC Grows Stake

ProShare Advisors LLC grew its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 4.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,336 shares of the company’s stock after purchasing an additional 2,129 shares during the quarter. ProShare Advisors LLC’s holdings in MercadoLibre were worth $87,007,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Wedbush Fund Advisers LLC bought a new stake in MercadoLibre during the 2nd quarter valued at about $29,000. Twin Lakes Capital Management LLC purchased a new stake in MercadoLibre in the 2nd quarter valued at about $31,000. NBT Bank N.A. purchased a new stake in MercadoLibre in the 3rd quarter valued at about $35,000. Markowski Investments bought a new position in MercadoLibre in the 2nd quarter worth about $36,000. Finally, Byrne Asset Management LLC bought a new position in MercadoLibre in the 3rd quarter worth about $40,000. 87.62% of the stock is currently owned by institutional investors.

MercadoLibre Stock Performance

NASDAQ MELI opened at $1,624.53 on Monday. MercadoLibre, Inc. has a one year low of $1,495.00 and a one year high of $2,419.78. 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 company has a market capitalization of $82.36 billion, a price-to-earnings ratio of 44.18, a price-to-earnings-growth ratio of 1.14 and a beta of 1.42. The company’s 50-day simple moving average is $1,840.65 and its two-hundred day simple moving average is $1,815.89.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings results on Thursday, August 6th. The company reported $9.19 earnings per share for the quarter, topping the consensus estimate of $8.65 by $0.54. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. The firm had revenue of $10.17 billion during the quarter, compared to analysts’ expectations of $9.79 billion. During the same quarter in the prior year, the company earned $10.31 EPS. The company’s revenue was up 49.8% compared to the same quarter last year. Equities analysts forecast that MercadoLibre, Inc. will post 38.09 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on MELI. Susquehanna raised their target price on shares of MercadoLibre to $2,400.00 and gave the stock a “positive” rating in a research report on Tuesday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of MercadoLibre in a research note on Tuesday, September 29th. New Street Research assumed coverage on MercadoLibre in a report on Wednesday, September 23rd. They set a “buy” rating and a $2,450.00 price objective on the stock. BTIG Research restated a “buy” rating and set a $2,150.00 price objective on shares of MercadoLibre in a report on Tuesday, October 27th. Finally, Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Thirteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, MercadoLibre has a consensus rating of “Moderate Buy” and an average target price of $2,248.75.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MercadoLibre to Buy, providing a supportive analyst signal and suggesting the bank sees upside potential in the shares. MercadoLibre Raised to Buy at Citigroup
• Positive Sentiment: MercadoLibre received bullish calls in a Wall Street market wrap, indicating that some market participants remain constructive on the Latin American e-commerce and fintech company ahead of its results. Stocktwits Wall Street Wrap
• Neutral Sentiment: Third-quarter results are scheduled for November 4, 2026. MercadoLibre will report results for the quarter ended September 30, making the release the primary upcoming driver for the stock. MercadoLibre to Report Third Quarter 2026 Financial Results
• Negative Sentiment: The stock fell more sharply than the broader market, suggesting company-specific selling pressure rather than simply a broad market move. The decline comes as investors position for the earnings announcement and assess whether expectations are already reflected in MELI’s valuation. MercadoLibre Falls More Steeply Than Broader Market

MercadoLibre Company Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre’s financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.