MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
Mercadolibre stock last closed at $1,395.00, up 1.96% from the previous day, and has increased 9.53% in one year. It has overperformed other stocks in the Internet Retail industry by 0.02 percentage points. Mercadolibre stock is currently +31.23% from its 52-week low of $1,063.02, and -23.56% from its 52-week high of $1,825.00.
At the moment, there are 50.7M shares of MELI outstanding. The market value of MELI is $70.72B. In the past 24 hours, 414,428 MELI shares were traded.
How to Buy Mercadolibre Stock
Not sure how to invest in Mercadolibre stock? Here's how.
Figure out where to buy Mercadolibre stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Mercadolibre stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit funds into your investment account: Pick your payment method and add your info.
Evaluate Mercadolibre stock: The Mercadolibre ticker symbol is MELI. Is Mercadolibre stock a good investment? Should you buy shares of MELI? How do MELI's underlying business fundamentals look? Do top analysts think Mercadolibre is a good buy? Why has MELI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if MELI is a good stock to buy).
Place your MELI trade: Decide if you will purchase MELI shares at the current market price or use a limit order to buy MELI shares at a particular price.
Get updates on your investment in MELI: Create a watchlist to important notifications about your position in Mercadolibre shares.
Step 1: Figure out where to buy Mercadolibre stock
You need a brokerage account in order to access the NASDAQ market and buy MELI shares.
A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
You can invest in stocks with 0% commissions: Invest without commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
Access to world markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can invest in MELI stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Mercadolibre stock
Once you have selected the best place to buy Mercadolibre stock, it's crucial to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Mercadolibre Metrics
MELI Price
$1,395.00
1w %
-0.21%
1y %
9.53%
5y %
179%
P/E
71.03x
P/B
23.03x
P/S
4.84x
PEG
2.55x
Revenue
$14.47B
Earnings
$987.00M
Fore. Rev. Growth
22.12%
Fore. Earn. Growth
27.87%
Market Cap
$70.72B
Next Earnings
May 1, 2024
Next Dividend
N/A
MELI Overview
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
MELI's operating cash flow of $5.14B allows it to safely service it's debt of $5.33B.
Total MELI debt is lower than 5 years ago, relative to shareholder equity.
There are more short-term assets than long-term liabilities on the MELI balance sheet.
There are more short-term assets than short-term liabilities on the MELI balance sheet.
MELI earnings of $1.93B is not sufficient to cover its interest payments.
MELI profit margin has gone up from 4.6% to 6.8% in the past year.
Negative Health Checks:
MELI has a relatively high debt to equity ratio of 4.75.
Do analysts think it's a good time to buy MELI stock
Out of 6 Wall Street analysts who give recommendations on MELI, the consensus analyst rating on MELI is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent MELI Analyst Upgrades/Downgrades
Joao Pedro Soares, a top 34% analyst from Citigroup maintains MELI with a strong buy rating and raises their MELI price target from $1,550.00 to $1,900.00, on Jan 3, 2024.
Last year, MELI earnings were $987.00M. In the past 2 year, MELI's earnings have gone up by 242.94% per year. This was faster than the Internet Retail industry average of 36.33%.
Last year, MELI revenue was $14.47B. In the last five year, MELI's revenue has gone up by 58.66% per year. This was faster than the Internet Retail industry average of 26.55%.
No, Mercadolibre doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your MELI trade
You have two primary options:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually fine for most investors.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and eToro will place the order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
How much does it cost to buy one Mercadolibre share?
As of Apr 23, 2024, it costs $1,395.00 to buy one share of Mercadolibre stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.072 shares of MELI.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.