MELI Stock Recent News

MercadoLibre's Q4 results show strong growth in both e-commerce and fintech, with Mercado Pago proving competitive against LatAm banks. Despite valuation concerns, MELI's execution and growth potential justify holding the stock, with significant room for expansion. The company's robust performance includes a 129% YoY increase in assets under management and a 27% YoY growth in items sold.

Market Domination hosts Julie Hyman and Alexandra Canal reflect on Friday's trading day while speaking to top Wall Street experts about the biggest market stories. Permanent Portfolio Family of Funds president and portfolio manager Michael Cuggino reacts to the move in equity markets (^DJI, ^IXIC, ^GSPC) this week in response to the latest economic data.

MELI's fourth-quarter 2024 results benefit from a surge in commerce and fintech revenues backed by strong growth in Brazil and Mexico.

MercadoLibre, Inc.'s Q4 performance surpassed expectations, with revenue meeting estimates and margins improving significantly. Argentina's economic stability boosted consolidated results, while Brazil and Mexico continued strong growth. MELI's e-commerce GMV grew 8.2% YOY, despite currency challenges, with a strong performance in Argentina.

MercadoLibre stock broke out of a base and hit a buy point after the company reported its fourth-quarter results. The post MercadoLibre Stock Hits New High As Company Delivers Profits appeared first on Investor's Business Daily.

Shares of MercadoLibre (MELI 8.49%) rose as much as 12.5% on Friday morning, boosted by a great earnings report. By 12:15 p.m.

MercadoLibre (MELI) shares surged on Friday after the Latin American e-commerce giant's fourth-quarter earnings came in well above expectations.

MercadoLibre NASDAQ: MELI is not without hurdles; no company is, but it is well-positioned to sustain high-quality growth for the next decade, and you can buy it for 50 cents to the dollar.

Collectively, Wall Street analysts have issued more than 12,000 individual ratings on stocks in the S&P 500. By aggregating the median fair value estimates on every company, FactSet Research builds what is known as a "bottom-up" target price for the entire index.

MercadoLibre, Inc. (NASDAQ:MELI ) Q4 2024 Earnings Conference Call February 20, 2024 5:00 PM ET Company Participants Richard Cathcart - Investor Relations Officer Martin de los Santos - CFO Osvaldo Gimenez - Fintech President Ariel Szarfsztejn - Commerce President Conference Call Participants Andrew Ruben - Morgan Stanley Irma Sgarz - Goldman Sachs Neha Agarwala - HSBC Rodrigo Gastim - Itau BBA Robert Ford - Bank of America Joao Soares - Citi Zachary Gunn - FT Partners Josh Beck - Raymond James Deepak Mathivanan - Cantor Fitzgerald Kaio Da Prato - UBS Richard Cathcart Hello, everyone, and welcome to the MercadoLibre Earnings Conference Call for the Quarter Ended December 31, 2024. Thank you for joining us.