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MercadoLibre (MELI)

(Delayed Data from NSDQ)

$1,776.14 USD

1,776.14
957,615

+170.08 (10.59%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $1,770.01 -6.13 (-0.35%) 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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 D Momentum B 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%.

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

Top 25% (63 out of 251)

Industry: Internet - Commerce

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Zacks News

MercadoLibre (MELI) Gains But Lags Market: What You Should Know

by Zacks Equity Research

In the latest trading session, MercadoLibre (MELI) closed at $1,209.74, marking a +0.12% move from the previous day.

Is Jumia Technologies (JMIA) Outperforming Other Retail-Wholesale Stocks This Year?

by Zacks Equity Research

Here is how Jumia Technologies (JMIA) and MercadoLibre (MELI) have performed compared to their sector so far this year.

Cracker Barrel (CBRL) Q3 Earnings & Revenues Miss Estimates

by Zacks Equity Research

Cracker Barrel's (CBRL) fiscal third-quarter 2023 performance reflects lower casual dining traffic and discretionary spending.

Fastenal's (FAST) Average Daily Sales Increase 5.2% in May

by Zacks Equity Research

Fastenal's (FAST) average daily sales growth rate moderates sequentially in May.

Shaun Pruitt headshot

2 Foreign Stocks to Buy for Grade "A" Growth

by Shaun Pruitt

The rapid and accelerated growth of these foreign companies has been astonishing since the pandemic. Now appears to be an ideal time to buy as continued expansion is expected and they can reach a massive audience in terms of consumers.

Williams-Sonoma (WSM) Gains From B2B Segment Amid High Costs

by Zacks Equity Research

Williams-Sonoma (WSM) is benefiting from its B2B division and expansion plans. However, low demand, supply-chain constraints and high costs are a concern.

Ethan Feller headshot

This Undervalued Chinese Tech Stock has an A+ Trade Setup

by Ethan Feller

Earnings estimates for Vipshop have moved sharply higher since the beginning of 2023

Here's Why You Should Retain Cheesecake Factory (CAKE) Stock

by Zacks Equity Research

Cheesecake Factory (CAKE) focuses on rewards program and data analytics to boost guest engagement and drive incremental sales. Supply-chain constraints and inflationary pressures are a concern.

3 Reasons Why Growth Investors Shouldn't Overlook MercadoLibre (MELI)

by Zacks Equity Research

MercadoLibre (MELI) possesses solid growth attributes, which could help it handily outperform the market.

Fastenal (FAST) is Poised Well: It's Time to Invest in the Stock

by Zacks Equity Research

Higher manufacturing demand, cost control, virtual focus and its commitment to reward shareholders encourage Fastenal (FAST).

Is MercadoLibre (MELI) a Buy as Wall Street Analysts Look Optimistic?

by Zacks Equity Research

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?

Why Is MercadoLibre (MELI) Up 3.7% Since Last Earnings Report?

by Zacks Equity Research

MercadoLibre (MELI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Zacks.com featured highlights Celsius, MercadoLibre and First Citizens

by Zacks Equity Research

Celsius, MercadoLibre and First Citizens have been highlighted in this Screen of The Week article.

Supriyo Bose headshot

3 Momentum Anomaly Picks as Markets Avert Debt Ceiling Crisis

by Supriyo Bose

Celsius (CELH), MercadoLibre (MELI) and First Citizens (FCNCA) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

MercadoLibre (MELI) is a Top-Ranked Growth Stock: Should You Buy?

by Zacks Equity Research

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Best Momentum Stocks to Buy for May 30th

by Zacks Equity Research

MNST, MELI and AVAV made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 30, 2023.

All You Need to Know About MercadoLibre (MELI) Rating Upgrade to Buy

by Zacks Equity Research

MercadoLibre (MELI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Earnings Estimates Rising for MercadoLibre (MELI): Will It Gain?

by Zacks Equity Research

MercadoLibre (MELI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Are Retail-Wholesale Stocks Lagging GameStop (GME) This Year?

by Zacks Equity Research

Here is how GameStop (GME) and MercadoLibre (MELI) have performed compared to their sector so far this year.

MercadoLibre, Inc. (MELI) Hit a 52 Week High, Can the Run Continue?

by Zacks Equity Research

MercadoLibre (MELI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Is MercadoLibre (MELI) a Solid Growth Stock? 3 Reasons to Think "Yes"

by Zacks Equity Research

MercadoLibre (MELI) possesses solid growth attributes, which could help it handily outperform the market.

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

by Zacks Equity Research

The average brokerage recommendation (ABR) for MercadoLibre (MELI) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Groupon (GRPN) Q1 Loss Beat Estimates, Revenues Down Y/Y

by Zacks Equity Research

Groupon's (GRPN) revenues decline in the first quarter due to a falling customer base.

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

by Zacks Equity Research

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

Ethan Feller headshot

Sea Limited Earnings Preview: Risky but Huge Potential

by Ethan Feller

SE has an ecommerce, online gaming, and digital payments business focused on the Southeast Asian region