MercadoLibre Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga02-24 23:21

MercadoLibre, Inc. (NASDAQ:MELI) will release earnings results for its fourth quarter, after the closing bell on Tuesday, Feb. 24.

Analysts expect the Montevideo, Uruguay-based company to report quarterly earnings at $11.44 per share, down from $12.61 per share in the year-ago period. The consensus estimate for MercadoLibre's quarterly revenue is $8.46 billion, versus $6.06 billion a year earlier, according to data from Benzinga Pro.

On Oct. 29, MercadoLibre reported third-quarter revenue of $7.41 billion, up 39% year-over-year. The revenue beat a Street consensus estimate of $7.22 billion.

MercadoLibre shares dipped 6.6% to close at $1,864.46 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Wedbush analyst Scott Devitt maintained the stock with an Outperform rating and lowered the price target from $2,700 to $2,600 on Feb. 17, 2026. This analyst has an accuracy rate of 78%.
  • JP Morgan analyst Marcelo Santos upgraded the stock from Neutral to Overweight and raised the price target from $2,650 to $2,800 on Feb. 12, 2026. This analyst has an accuracy rate of 66%.
  • BTIG analyst Marvin Fong reiterated the stock with a Buy and maintained a $2,750 price target on Feb. 4, 2026. This analyst has an accuracy rate of 61%.
  • Morgan Stanley analyst Andrew Ruben maintained the stock with an Overweight rating and raised the price target from $2,850 to $2,950 on Nov. 3, 2025. This analyst has an accuracy rate of 50%.
  • Benchmark analyst Fawne Jiang maintained the stock with a Buy and lowered the price target from $2,875 to $2,780 on Oct. 30, 2025. This analyst has an accuracy rate of 69%.

Considering buying MELI stock? Here’s what analysts think:

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