MELI Stock Recent News

While inflation is still running slightly higher than ideal levels and the labor force remains near maximum employment, there was no hard data Powell could point to to substantiate any policy changes at this point.

Montevideo, Uruguay. May 7, 2025, May 07, 2025 (GLOBE NEWSWIRE) -- Montevideo, Uruguay. May 7, 2025 — Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, kicked off the year with strong momentum, reporting solid results for the first quarter of 2025, boosted by continued strategic investments and ever improving value proposition. Net revenue and financial income increased 37% YoY to reach $5.9 billion, while income from operations rose 45% YoY to $763 million. Net income for the quarter reached $494 million, a 44% YoY increase.

Montevideo, May 07, 2025 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ) today reported financial results for the first quarter ended March 31, 2025, in a Letter to Shareholders, which is now posted to the company's Investor Relations website https://investor.mercadolibre.com .

Wall Street is a big believer in technology stocks at the moment. And who can blame them, with the rapid growth coming from areas of the market such as artificial intelligence (AI), cloud computing, and e-commerce?

Beyond analysts' top -and-bottom-line estimates for MercadoLibre (MELI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

MercadoLibre has consistently delivered exceptional growth and execution since its IPO in 2007, becoming the leading growth company in Latin America. MELI's diversified business model includes marketplace, payments, and credit services, with significant growth potential in an underpenetrated e-commerce market. Despite currency risks, MELI's dominant market position and potential benefits from the US-China trade war support a strong buy rating.

MercadoLibre (MELI -1.40%) stock jumped 20% in April, according to data provided by S&P Global Market Intelligence. The Latin American e-commerce giant is already a top growth stock, and it's looking even finer since the tariff program roiled the markets because it operates outside of the U.S.

MELI shows promise, but valuation remains stretched. Investors can hold the stock and wait for a better entry amid Q1 seasonality and e-commerce competition.

We initiate coverage on MercadoLibre with a Strong Buy rating and a $4,273.03 price target, driven by its leading e-commerce and fintech ecosystem in Latin America. Our bullish view is based on above-consensus revenue growth projections, driven by digital advertising, fintech expansion, and strategic logistics investments, particularly in Brazil and Mexico. Strategic investments in Brazil and Mexico are expanding fulfillment and market share, with strong operating leverage.

May is here, and the notion of "sell in May and go away" seems wrong this year. The market is full of fantastic values, and depending on how tariffs shake out over the next few months, there could be a stock market resurgence, depending on what deals are announced.