Últimas noticias sobre MercadoLibre (NASDAQ:MELI) Bolsa

MercadoLibre

MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.

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MELI

Mercado Libre reporta un aumento del 42% en ingresos del segundo trimestre, superando las expectativas de Wall Street.

Mercado Libre supera expectativas en el 2T con ingresos de 5070M$

MercadoLibre Inc

MELIA HOTELS INTL ORD by Melia Hotels International SA

Melia Hotels International SA

Melisron Ltd

<p><strong>MercadoLibre </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meli#NASDAQ">MELI</a>), the leading e-commerce platform in Latin America, has seen its stock jump 62.9% over the past year, outperforming the Zacks Internet-Commerce industry&#39;s return of 36%, the broader retail sector&#39;s rally of 30.3% and the S&amp;P 500 index&#39;s gain of 31.1%.</p>
<p>This impressive growth has been fueled by several factors, including MELI&#39;s growing e-commerce business, robust shipping services, and strong presence in Brazil, Mexico and Argentina.</p>
<p>The company is also benefiting from the solid momentum in its Mercado Pago fintech platform that allows users to send and receive payments seamlessly, which is another positive.</p>
<h2>One-Year Price Chart</h2>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/71/78997.jpg?v=1972780575" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>Although MercadoLibre has a strong foothold in the online retail market of Latin America, rising competitive pressure from the e-commerce giant Amazon, which is making strong efforts to expand its presence in LATAM, is concerning. MELI also faces strong competition from the retail behemoth <strong>Walmart </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>), which is making good progress in the region, especially in Mexico.</p>
<p>Market uncertainties, high inflation, recessionary fears and weakening macro conditions are headwinds for MercadoLibre.</p>
<p>Margins are currently under pressure due to increased investments in free shipping, loyalty programs, and improvement in customer services, marketing and chargebacks, as well as higher maintenance, hosting and fraud prevention.</p>
<p>Against this backdrop, the question that arises is - How should investors play the MELI stock? Are a strong e-commerce business, growing fintech business and expanding logistics operations enough to jump into the stock or should investors worry about the headwinds surrounding the company&#39;s prospects?</p>
<h2>MELI&#39;s Long-Term Prospects Ride on E-commerce Strength</h2>
<p>MercadoLibre&#39;s expanding logistic operations are shaping up the growth trajectory of its e-commerce business.</p>
<p>Its growing efforts toward delivering enhanced user experience for buyers on the back of an expanding logistic and fulfillment network are positive. MELI has become a natural destination for buyers and sellers by building the fastest and most extensive delivery network in the region, and by offering the widest assortment.</p>
<p>MercadoLibre&#39;s latest introduction of robotics in its distribution center in Cajamar, remains noteworthy. It intends to deploy more than 300 robots by the end of this year. These robots will manage tasks like transporting shelves containing products from storage areas, which will optimize processing time by 20% and increase total storage capacity by up to 15% per square meter. These robots are capable of handling up to 20,000 items and 2,500 shelves per day, helping automate repetitive tasks like product sorting.</p>
<p>The company is also gaining traction with its MELI Delivery Day, which helps in the reduction of its last-mile delivery costs. With the option of MELI Delivery Day, several deliveries at a single address can be made on a single drop.</p>
<p>MercadoLibre introduced a concept called slower shipment service with its SLOW in order to bring flexibility to its logistic operations. SLOW offers shipping options for buyers who opt for slower shipping options. With SLOW shipments, the shipping window becomes larger and more flexible for MELI.</p>
<p>The company&#39;s strong efforts to expand outside of LATAM, especially in the United States, are noteworthy. In the quarter ending in June, MELI launched a fulfillment center in Texas to bring U.S. sellers into its ecosystem in order to boost the assortment of products for customers in Mexico.</p>
<p>On the back of this move, customers in north Mexico are receiving their orders from the United States within a couple of days for free.</p>
<p>In addition to logistics initiatives, MELI&#39;s efforts to improve product selection are driving growth across verticals, particularly fashion, consumer electronics, apparel and sports categories. It has integrated standardized filters across brands and sellers on its commerce platform.</p>
<p>Growing momentum across the MELI+ loyalty program is a major positive. The company remains optimistic about the impacts of MELI+ on future growth and customer retention as the user base continues to scale. MercadoLibre has observed that customers who enroll in the program increase their spending and buying frequency and shop across more categories than prior to enrollment.</p>
<h2>Fintech Momentum Drives MELI&#39;s Growth</h2>
<p>Solid momentum in MercadoLibre&#39;s Mercado Pago fintech platform and its well-performing credit business are major positives.</p>
<p>MercadoLibre&#39;s strong efforts to deliver an enhanced experience to Mercado Pago users are positive. Strength in assets under management and the Mercado Pago credit card is crucial for boosting user engagement of Mercado Pago.</p>
<p>The company is leveraging its rich data to cross-sell in the LATAM region and bolster its fintech business. The data also enables MELI to have a better view of credit risks and operate a business that matches the lowest cost-to-serve in the region.</p>
<h2>Solid Projections Bode Well For MELI</h2>
<p>MercadoLibre&#39;s long-term prospects are expected to benefit from strengthening commerce and fintech businesses. Its leading position in LATAM as an e-commerce and fintech company is anticipated to instill investor optimism in the stock.</p>
<p>The Zacks Consensus Estimate for 2024 is pegged at $20.58 billion, indicating year-over-year growth of 42.2%. The consensus mark for 2024 earnings stands at $35.79 per share, suggesting a year-over-year rise of 83.9%. Earnings estimates have moved north by 1.7% over the past seven days.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/56/79013.jpg?v=1255792089" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>MecadoLibre Stock Overvalued Right Now</h2>
<p>The MELI stock is not so cheap, as the Value Score of C suggests a stretched valuation at this moment.</p>
<p>MELI is trading at a premium, with a forward 12-month Price/Sales of 4.49X compared with the industry&#39;s average of 1.72X.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/5c/78996.jpg?v=1271081349" style="border-style:solid; border-width:1px" /></p>
<p>Image Source: Zacks Investment Research</p>
<h2>Final Note</h2>
<p>MercadoLibre&#39;s leading position in Latin America&#39;s e-commerce market, a growing footprint in the fintech domain and a strong logistic network are the key catalysts despite a stretched valuation.</p>
<p>However, challenging macroeconomic conditions, persistent inflation and intensifying competition are concerning for the stock.</p>
<p>Hence, existing investors may consider holding their positions in the stock, but new investors should exercise caution, potentially waiting for a more favorable entry point. MercadoLibre currently has a Zacks Rank #3 (Hold).</p>
<p><a href="https://www.zacks.com/stock/news/2340752/meli-stock-up-62-9-in-a-year-can-e-commerce-strength-fuel-growth?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2340752">To read this article on Zacks.com click here.</a></p>


Fintech news covering the emerging Financial Technology services sector

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Analyst Ratings

MELI Stock Up 62.9% in a Year: Can E-commerce Strength Fuel Growth?

Global

MercadoLibre To More Than Double Brazil Distribution Centers

<p>Cantor Fitzgerald  analyst Deepak Mathivanan   reiterates MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Overweight and maintains $2530 price target.</p>


Price Target

Reiteration

Cantor Fitzgerald Reiterates Overweight on MercadoLibre, Maintains $2530 Price Target

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>MercadoLibre</strong>.</p>
<p>Looking at options history for MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) we detected 13 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 30% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $114,566 and 10, calls, for a total amount of $527,475.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1400.0 to $2160.0 for MercadoLibre during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for MercadoLibre options trades today is 28.5 with a total volume of 12.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for MercadoLibre's big money trades within a strike price range of $1400.0 to $2160.0 over the last 30 days.</p>
<h3>MercadoLibre 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726860808_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$583.7</td>
<td>$568.9</td>
<td>$576.68</td>
<td>$1530.00</td>
<td>$115.3K</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$610.8</td>
<td>$602.6</td>
<td>$607.0</td>
<td>$1500.00</td>
<td>$60.7K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$609.2</td>
<td>$601.3</td>
<td>$604.83</td>
<td>$1500.00</td>
<td>$60.4K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$608.3</td>
<td>$602.0</td>
<td>$602.0</td>
<td>$1500.00</td>
<td>$60.2K</td>
<td style="text-align: right;">36</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$608.7</td>
<td>$595.3</td>
<td>$600.96</td>
<td>$1500.00</td>
<td>$60.0K</td>
<td style="text-align: right;">36</td>
<td style="text-align: right;">2</td>
</tr>
</tbody>
</table>
</p>
<h3>About MercadoLibre</h3>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<p>Following our analysis of the options activities associated with MercadoLibre, we pivot to a closer look at the company's own performance.</p>
<h3>MercadoLibre's Current Market Status</h3>
<ul>
<li>Trading volume stands at 155,798, with MELI's price up by 0.17%, positioned at $2112.97.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 40 days.</li>
</ul>
<h3>Expert Opinions on MercadoLibre</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $2470.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Susquehanna persists with their Positive rating on MercadoLibre, maintaining a target price of $2350.<br />
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on MercadoLibre, which currently sits at a price target of $2500.<br />
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for MercadoLibre, targeting a price of $2500.<br />
&#x2A; In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $2530. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MercadoLibre options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

This Is What Whales Are Betting On MercadoLibre

<p>Providing a diverse range of perspectives from bullish to bearish, 11 analysts have published ratings on MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) in the last three months.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have recently evaluated MercadoLibre and provided 12-month price targets. The average target is $2330.45, accompanied by a high estimate of $2530.00 and a low estimate of $2025.00. This current average reflects an increase of 11.16% from the previous average price target of $2096.50. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726840882_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>A clear picture of MercadoLibre's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Ruben</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$2500.00</td>
<td>$2175.00</td>
</tr>
<tr>
<td>Robert Ford</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$2500.00</td>
<td>$2250.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$2530.00</td>
<td>-</td>
</tr>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$2350.00</td>
<td>$2300.00</td>
</tr>
<tr>
<td>Marvin Fong</td>
<td>BTIG</td>
<td>Raises</td>
<td>Buy</td>
<td>$2250.00</td>
<td>$2025.00</td>
</tr>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$2300.00</td>
<td>$2000.00</td>
</tr>
<tr>
<td>Tobias Stingelin</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$2200.00</td>
<td>$2000.00</td>
</tr>
<tr>
<td>Irma Sgarz</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$2480.00</td>
<td>$2180.00</td>
</tr>
<tr>
<td>Marcelo Santos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$2400.00</td>
<td>$2150.00</td>
</tr>
<tr>
<td>Trevor Young</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$2100.00</td>
<td>$2000.00</td>
</tr>
<tr>
<td>Marvin Fong</td>
<td>BTIG</td>
<td>Raises</td>
<td>Buy</td>
<td>$2025.00</td>
<td>$1885.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MercadoLibre. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MercadoLibre compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into MercadoLibre's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MELI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on MercadoLibre analyst ratings.</strong></a></p>
<h2>About MercadoLibre</h2>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<h3>MercadoLibre: A Financial Overview</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, MercadoLibre showcased positive performance, achieving a revenue growth rate of <strong>41.51%</strong> as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.</p>
<p><strong>Net Margin:</strong> MercadoLibre's net margin excels beyond industry benchmarks, reaching <strong>10.47%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> MercadoLibre's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>15.07%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> MercadoLibre's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>2.72%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>1.48</strong>, MercadoLibre adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Assessing MercadoLibre: Insights From 11 Financial Analysts

<p>Morgan Stanley  analyst Andrew Ruben   maintains MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Overweight and raises the price target from $2175 to $2500.</p>


Morgan Stanley Maintains Overweight on MercadoLibre, Raises Price Target to $2500

<p>Deep-pocketed investors have adopted a bullish approach towards MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MELI usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for MercadoLibre. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 33% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $383,556, and 6 are calls, amounting to $210,678.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1780.0 to $2100.0 for MercadoLibre over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In terms of liquidity and interest, the mean open interest for MercadoLibre options trades today is 46.75 with a total volume of 25.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for MercadoLibre's big money trades within a strike price range of $1780.0 to $2100.0 over the last 30 days.</p>
<h3>MercadoLibre 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726672628_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$320.0</td>
<td>$302.5</td>
<td>$302.5</td>
<td>$2100.00</td>
<td>$332.7K</td>
<td style="text-align: right;">15</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$80.0</td>
<td>$74.1</td>
<td>$80.0</td>
<td>$2015.00</td>
<td>$40.0K</td>
<td style="text-align: right;">32</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$136.0</td>
<td>$128.0</td>
<td>$131.0</td>
<td>$2100.00</td>
<td>$39.3K</td>
<td style="text-align: right;">209</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$377.5</td>
<td>$373.1</td>
<td>$377.5</td>
<td>$1780.00</td>
<td>$37.7K</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$74.5</td>
<td>$72.6</td>
<td>$72.6</td>
<td>$2100.00</td>
<td>$36.3K</td>
<td style="text-align: right;">77</td>
<td style="text-align: right;">6</td>
</tr>
</tbody>
</table>
</p>
<h3>About MercadoLibre</h3>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<p>Having examined the options trading patterns of MercadoLibre, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>MercadoLibre's Current Market Status</h3>
<ul>
<li>With a trading volume of 34,693, the price of MELI is up by 0.97%, reaching $2094.42.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 42 days from now.</li>
</ul>
<h3>What Analysts Are Saying About MercadoLibre</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $2407.5.</p>
<ul>
<li>An analyst from Susquehanna persists with their Positive rating on MercadoLibre, maintaining a target price of $2350. </li>
<li>An analyst from BTIG persists with their Buy rating on MercadoLibre, maintaining a target price of $2250. </li>
<li>An analyst from B of A Securities persists with their Buy rating on MercadoLibre, maintaining a target price of $2500. </li>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $2530.</li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for MercadoLibre, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Decoding MercadoLibre's Options Activity: What's the Big Picture?

WIIM

MercadoLibre shares are trading higher after B of A Securities maintained a Buy rating and raised its price target to $2,500.

<p>B of A Securities  analyst Robert Ford   maintains MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Buy and raises the price target from $2250 to $2500.</p>


B of A Securities Maintains Buy on MercadoLibre, Raises Price Target to $2500

<p>Deep-pocketed investors have adopted a bullish approach towards MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MELI usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for MercadoLibre. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 55% leaning bullish and 44% bearish. Among these notable options, 5 are puts, totaling $175,342, and 4 are calls, amounting to $133,638.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1800.0 to $2300.0 for MercadoLibre during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for MercadoLibre's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across MercadoLibre's significant trades, within a strike price range of $1800.0 to $2300.0, over the past month.</p>
<h3>MercadoLibre 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725981397_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$455.5</td>
<td>$438.0</td>
<td>$439.95</td>
<td>$2140.00</td>
<td>$43.9K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$423.2</td>
<td>$410.0</td>
<td>$418.1</td>
<td>$1800.00</td>
<td>$41.8K</td>
<td style="text-align: right;">69</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$361.0</td>
<td>$355.5</td>
<td>$361.0</td>
<td>$2300.00</td>
<td>$36.1K</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$37.1</td>
<td>$31.4</td>
<td>$34.35</td>
<td>$2030.00</td>
<td>$32.9K</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$5.0</td>
<td>$3.7</td>
<td>$3.7</td>
<td>$1940.00</td>
<td>$32.5K</td>
<td style="text-align: right;">17</td>
<td style="text-align: right;">88</td>
</tr>
</tbody>
</table>
</p>
<h3>About MercadoLibre</h3>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<p>Having examined the options trading patterns of MercadoLibre, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Where Is MercadoLibre Standing Right Now?</h3>
<ul>
<li>With a trading volume of 32,591, the price of MELI is down by -0.94%, reaching $2010.86.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 50 days from now.</li>
</ul>
<h3>What Analysts Are Saying About MercadoLibre</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $2326.0.</p>
<ul>
<li>An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $2530. </li>
<li>An analyst from Susquehanna persists with their Positive rating on MercadoLibre, maintaining a target price of $2300. </li>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for MercadoLibre, targeting a price of $2200. </li>
<li>An analyst from Susquehanna persists with their Positive rating on MercadoLibre, maintaining a target price of $2350. </li>
<li>An analyst from BTIG has decided to maintain their Buy rating on MercadoLibre, which currently sits at a price target of $2250. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MercadoLibre with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


<p>These ten large-cap stocks were the best performers in August. Are they in your portfolio?</p>
<ol>
<li><strong>Affirm Holdings, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares escalated 66.58% in August. It reported&nbsp;strong&nbsp;fourth-quarter&nbsp;earnings and <a href="https://www.benzinga.com//node/40630056" target="_blank" rel="noreferrer noopener">upbeat&nbsp;first-quarter&nbsp;guidance</a>.</li>
<li><strong>CAVA Group, Inc. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) stock jumped 34.99%. The company reported better-than-expected&nbsp;second-quarter&nbsp;results, and analysts boosted <a href="https://www.benzinga.com//node/40528470" target="_blank" rel="noreferrer noopener">stock price forecasts</a>.</li>
<li><strong>Fortinet, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) shares rose 34.11%. It reported strong second-quarter results and <a href="https://www.benzinga.com//node/40599688" target="_blank" rel="noreferrer noopener">issued&nbsp;above-estimate guidance</a>.</li>
<li><strong>Nu Holdings Ltd.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) stock upped 29.95%. The company reported strong&nbsp;<a href="https://www.benzinga.com//node/40368174" target="_blank" rel="noreferrer noopener">results for the&nbsp;second quarter</a>.</li>
<li><strong>Kellanova</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) stock upped 29.91%. The company inked a deal to be bought by privately held <strong><a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener">Mars</a></strong><a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener"> for&nbsp;$83.50&nbsp;per share</a>.</li>
<li><strong>Nutanix, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock escalated 28.96%. It reported&nbsp;fourth-quarter results, and many analysts&nbsp;<a href="https://www.benzinga.com//node/40626089" target="_blank" rel="noreferrer noopener">boosted the stock's price target</a>.</li>
<li><strong>Aspen Technology, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) shares rose 28.64%. The company reported better-than-<a href="https://www.benzinga.com//node/40226872" target="_blank" rel="noreferrer noopener">expected&nbsp;fourth-quarter results</a>.</li>
<li><strong>MercadoLibre, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) stock rocketed 28.37%.</li>
<li><strong>Shopify Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares were up 27.33%. It posted a strong earnings report and several analysts&nbsp;<a href="https://www.benzinga.com//node/40268815" target="_blank" rel="noreferrer noopener">revised the price target</a>.</li>
<li><strong>Starbucks Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) stock was up 25.91%. <strong>Chipotle Mexican Grill, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and <a href="https://www.benzinga.com//node/40338228" target="_blank" rel="noreferrer noopener">Chief Executive Officer, effective September 9</a>.</li>
</ol>
<p><strong>Also Read:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/large-cap/24/09/40764325/intel-moderna-and-dollar-general-were-among-top-10-large-cap-losers-in-august-are-the-others-in-yo">Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?</a></strong></li>
</ul>
<p><em>Photo via Shutterstock.</em></p>


AFRM

AZPN

CAVA

FTNT

NTNX

SBUX

SHOP

Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>MercadoLibre</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MELI, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 37 uncommon options trades for MercadoLibre.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 24% bullish and 45%, bearish.</p>
<p>Out of all of the special options we uncovered, 14 are puts, for a total amount of $501,743, and 23 are calls, for a total amount of $1,252,521.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1360.0 to $2300.0 for MercadoLibre over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for MercadoLibre's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of MercadoLibre's whale trades within a strike price range from $1360.0 to $2300.0 in the last 30 days. </p>
<h3>MercadoLibre Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725646607_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$16.8</td>
<td>$13.4</td>
<td>$13.4</td>
<td>$1990.00</td>
<td>$116.5K</td>
<td style="text-align: right;">20</td>
<td style="text-align: right;">113</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/25/24</td>
<td>$169.6</td>
<td>$155.9</td>
<td>$162.5</td>
<td>$1870.00</td>
<td>$97.5K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">32</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$426.0</td>
<td>$408.1</td>
<td>$415.42</td>
<td>$1940.00</td>
<td>$83.0K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$170.0</td>
<td>$159.6</td>
<td>$159.6</td>
<td>$1910.00</td>
<td>$79.8K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$158.9</td>
<td>$147.5</td>
<td>$158.9</td>
<td>$1880.00</td>
<td>$79.4K</td>
<td style="text-align: right;">51</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
</p>
<h3>About MercadoLibre</h3>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<p>After a thorough review of the options trading surrounding MercadoLibre, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>MercadoLibre's Current Market Status</h3>
<ul>
<li>With a volume of 128,840, the price of MELI is down -2.92% at $1978.62. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 54 days.</li>
</ul>
<h3>What The Experts Say On MercadoLibre</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $2382.0.</p>
<ul>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $2530. </li>
<li>An analyst from BTIG persists with their Buy rating on MercadoLibre, maintaining a target price of $2250. </li>
<li>Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for MercadoLibre, targeting a price of $2300. </li>
<li>Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on MercadoLibre with a target price of $2480. </li>
<li>An analyst from Susquehanna has decided to maintain their Positive rating on MercadoLibre, which currently sits at a price target of $2350. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MercadoLibre with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Behind the Scenes of MercadoLibre's Latest Options Trends

<p>Cantor Fitzgerald  analyst Deepak Mathivanan   initiates coverage on MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Overweight rating and announces Price Target of $2530.</p>


Initiation

Cantor Fitzgerald Initiates Coverage On MercadoLibre with Overweight Rating, Announces Price Target of $2530

<p>MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) has outperformed the market over the past 15 years by 19.31% on an annualized basis producing an average annual return of 31.01%. Currently, MercadoLibre has a market capitalization of $100.99 billion. </p>
<p><strong>Buying $100 In MELI:</strong> If an investor had bought $100 of MELI stock 15 years ago, it would be worth <strong>$5,819.43</strong> today based on a price of $1991.99 for MELI at the time of writing.</p>
<h3>MercadoLibre's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725474611_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $100 In This Stock 15 Years Ago, You Would Have $5,800 Today

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>MercadoLibre</strong>.</p>
<p>Looking at options history for MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) we detected 14 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 28% of the investors opened trades with bullish expectations and 35% with bearish.</p>
<p>From the overall spotted trades, 4 are puts, for a total amount of $129,671 and 10, calls, for a total amount of $2,134,983.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $900.0 and $2400.0 for MercadoLibre, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In today's trading context, the average open interest for options of MercadoLibre stands at 104.08, with a total volume reaching 366.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in MercadoLibre, situated within the strike price corridor from $900.0 to $2400.0, throughout the last 30 days.</p>
<h3>MercadoLibre Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725372091_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$426.0</td>
<td>$410.0</td>
<td>$424.81</td>
<td>$2000.00</td>
<td>$846.7K</td>
<td style="text-align: right;">108</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$51.9</td>
<td>$47.1</td>
<td>$47.1</td>
<td>$2120.00</td>
<td>$471.0K</td>
<td style="text-align: right;">351</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$51.7</td>
<td>$46.0</td>
<td>$46.0</td>
<td>$2120.00</td>
<td>$455.3K</td>
<td style="text-align: right;">351</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$1146.4</td>
<td>$1136.8</td>
<td>$1138.0</td>
<td>$900.00</td>
<td>$113.8K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$655.9</td>
<td>$638.0</td>
<td>$641.91</td>
<td>$1800.00</td>
<td>$64.1K</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
</p>
<h3>About MercadoLibre</h3>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<p>In light of the recent options history for MercadoLibre, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of MercadoLibre</h3>
<ul>
<li>With a trading volume of 31,129, the price of MELI is down by -1.5%, reaching $2030.71.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 57 days from now.</li>
</ul>
<h3>What The Experts Say On MercadoLibre</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $2306.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on MercadoLibre with a target price of $2200. </li>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on MercadoLibre with a target price of $2400. </li>
<li>Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on MercadoLibre with a target price of $2480. </li>
<li>Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on MercadoLibre with a target price of $2350. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for MercadoLibre, targeting a price of $2100. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MercadoLibre with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


MercadoLibre's Options: A Look at What the Big Money is Thinking

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>MercadoLibre</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MELI, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 22 uncommon options trades for MercadoLibre.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 27% bullish and 18%, bearish.</p>
<p>Out of all of the special options we uncovered, 8 are puts, for a total amount of $363,188, and 14 are calls, for a total amount of $690,268.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1700.0 to $2400.0 for MercadoLibre over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for MercadoLibre options trades today is 91.42 with a total volume of 149.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for MercadoLibre's big money trades within a strike price range of $1700.0 to $2400.0 over the last 30 days.</p>
<h3>MercadoLibre Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724960936_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MELI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$77.6</td>
<td>$75.5</td>
<td>$76.5</td>
<td>$2020.00</td>
<td>$115.0K</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$180.7</td>
<td>$177.1</td>
<td>$177.1</td>
<td>$2000.00</td>
<td>$106.2K</td>
<td style="text-align: right;">58</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$65.0</td>
<td>$62.3</td>
<td>$65.0</td>
<td>$2000.00</td>
<td>$65.0K</td>
<td style="text-align: right;">422</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$64.9</td>
<td>$63.0</td>
<td>$63.0</td>
<td>$2000.00</td>
<td>$63.0K</td>
<td style="text-align: right;">422</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>MELI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$628.0</td>
<td>$610.0</td>
<td>$620.43</td>
<td>$1800.00</td>
<td>$62.0K</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
</p>
<h3>About MercadoLibre</h3>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<p>In light of the recent options history for MercadoLibre, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is MercadoLibre Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 148,259, the MELI's price is up by 0.65%, now at $2008.17. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 62 days.</li>
</ul>
<h3>What Analysts Are Saying About MercadoLibre</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $2235.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from BTIG keeps a Buy rating on MercadoLibre with a target price of $2250. </li>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for MercadoLibre, targeting a price of $2200. </li>
<li>An analyst from JP Morgan has decided to maintain their Overweight rating on MercadoLibre, which currently sits at a price target of $2400. </li>
<li>An analyst from BTIG persists with their Buy rating on MercadoLibre, maintaining a target price of $2025. </li>
<li>Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for MercadoLibre, targeting a price of $2300. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MercadoLibre options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Check Out What Whales Are Doing With MELI

<p>During the last three months, 8 analysts shared their evaluations of MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), revealing diverse outlooks from bullish to bearish.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $2263.12, along with a high estimate of $2480.00 and a low estimate of $2025.00. This upward trend is apparent, with the current average reflecting a 9.46% increase from the previous average price target of $2067.50.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724857222_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>A clear picture of MercadoLibre's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$2350.00</td>
<td>$2300.00</td>
</tr>
<tr>
<td>Marvin Fong</td>
<td>BTIG</td>
<td>Raises</td>
<td>Buy</td>
<td>$2250.00</td>
<td>$2025.00</td>
</tr>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$2300.00</td>
<td>$2000.00</td>
</tr>
<tr>
<td>Tobias Stingelin</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$2200.00</td>
<td>$2000.00</td>
</tr>
<tr>
<td>Irma Sgarz</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$2480.00</td>
<td>$2180.00</td>
</tr>
<tr>
<td>Marcelo Santos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$2400.00</td>
<td>$2150.00</td>
</tr>
<tr>
<td>Trevor Young</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$2100.00</td>
<td>$2000.00</td>
</tr>
<tr>
<td>Marvin Fong</td>
<td>BTIG</td>
<td>Raises</td>
<td>Buy</td>
<td>$2025.00</td>
<td>$1885.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MercadoLibre. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MercadoLibre compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of MercadoLibre's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of MercadoLibre's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MELI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on MercadoLibre analyst ratings.</strong></a></p>
<h2>All You Need to Know About MercadoLibre</h2>
<p>MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.</p>
<h3>Key Indicators: MercadoLibre's Financial Health</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> MercadoLibre displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>41.51%</strong>. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.</p>
<p><strong>Net Margin:</strong> MercadoLibre's net margin excels beyond industry benchmarks, reaching <strong>10.47%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> MercadoLibre's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>15.07%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> MercadoLibre's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>2.72%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> MercadoLibre's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>1.48</strong>.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Forecasting The Future: 8 Analyst Projections For MercadoLibre

<p>Susquehanna  analyst James Friedman   maintains MercadoLibre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Positive and raises the price target from $2300 to $2350.</p>


Susquehanna Maintains Positive on MercadoLibre, Raises Price Target to $2350

<p><strong>MercadoLibre, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) achieves 1.5% Growth on the Day Following TradePulse Power Inflow Signal</p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="981" height="1024" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/08/26225836/Screen-Shot-2024-08-26-at-4.48.27-PM-981x1024.png" alt="" class="wp-image-751" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/08/26225836/Screen-Shot-2024-08-26-at-4.48.27-PM-981x1024.png 981w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/08/26225836/Screen-Shot-2024-08-26-at-4.48.27-PM-288x300.png 288w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/08/26225836/Screen-Shot-2024-08-26-at-4.48.27-PM-768x801.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/08/26225836/Screen-Shot-2024-08-26-at-4.48.27-PM.png 1150w" sizes="(max-width: 981px) 100vw, 981px" /></figure></p>
<p>Today, TradePulse&#8217;s latest Power Inflow alert indicated institutional volume is coming into MercadoLibre Inc.( MELI), signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in MELI&#8217;s stock.</p>
<p>At 10:45 AM ET on August 26th, MELI registered a Power Inflow at a price of $1979.56 Following this signal, the stock reached its high point at 3:02 EDT, climbing over 25&nbsp; points ($2008.33) during the day, which translates to an approximate increase of 1.5%. This alert is crucial for investors relying on order flow analytics, suggesting the beginning of an uptrend and presenting a valuable opportunity for those anticipating higher prices. Observers are now closely monitoring MELI for sustained positive momentum, viewing this as a bullish sign.</p>
<p><strong>Understanding Power Inflow:</strong></p>
<p>A Power Inflow is identified by a surge in buy orders over sell orders, typically occurring within the first one or two hours after the market opens. This phenomenon is observed in ten to twenty stocks daily, reflecting the initial strategies and reactions of large institutional investors. Analyzing the size, timing, and price of these transactions helps signal shifts in market sentiment and potential price changes. For those interested in monitoring more stocks exhibiting Power Inflows, visiting the TradePulse website provides comprehensive insights and updates on daily occurrences.</p>
<p><strong>Importance of Power Inflow:</strong></p>
<p>Power Inflows are crucial as they offer early indications of potential uptrends, enabling traders to act even before the market fully adjusts. Although not always marking the lowest point, stocks tend to rise following a Power Inflow. This makes these signals especially valuable for identifying strategic entry points and planning short-term investments, as they provide an opportunity to capitalize on upward momentum ahead of wider market recognition.</p>
<p><strong>Strategic Actions Following a Power Inflow:</strong></p>
<p>After detecting a Power Inflow, traders should view it as a potential entry buying point but also confirm the trend with TradePulse's additional indicators such as Momentum, Daily, and Large Deal flows to ensure its strength and viability. Prompt action, combined with strategic stop-loss settings, can maximize returns and minimize risks. This comprehensive approach allows traders to make more informed decisions, optimizing their trading strategies in alignment with real-time market dynamics.</p>
<p>If you want to stay updated on the latest options trades for <strong>MercadoLibre Inc.</strong>,<a href="https://benzinga.grsm.io/register174"> Benzinga Pro</a> gives you real-time options trade alerts. </p>
<p><a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data are brought to you by Benzinga APIs</a> and include firms, like<a href="https://finitusa.com/en/"> Finit USA</a>, responsible for parts of the data within this article.<br /></p>
<p>&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.</p>
<p><strong><em>After Market Close UPDATE</em>:</strong></p>
<p>The price at the time of the Power Inflow was <strong>$1979.56</strong>. The returns on the High price (<strong>2008.33</strong>) and Close price (<strong>$2004.70)</strong> after the Power Inflow were respectively <strong>1.5%% and 1.3%. That is why it is important to have a</strong> trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case the high of the day and close were the same price and return.&nbsp;</p>
<p><strong>Past Performance is Not Indicative of Future Results</strong></p>


General

Trade Pulse Power Inflow Alert: Mercadolibre Inc. MELI Rises Over 1.5% After Signal

<p><strong>MercadoLibre's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NYSE">MELI</a>) short percent of float has fallen 8.07% since its last report. The company recently reported that it has <strong>617 thousand shares sold short</strong>, which is 1.48% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.43 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>MercadoLibre Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724265909_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for MercadoLibre has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing MercadoLibre's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, MercadoLibre's peer group average for short interest as a percentage of float is 10.04%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


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<strong><i>E-commerce is thriving due to the growth of online marketplaces, innovative selling strategies, increased internet accessibility, and enhanced consumer engagement strategies. This presents a prime opportunity for investors. Therefore, buying strong e-commerce stocks MercadoLibre (MELI), Shopify (SHOP), and eBay (EBAY), which have high momentum, could be a smart move now. Keep reading…</i></strong><br><br><p>The e-commerce industry is rapidly expanding, fueled by the rise of online marketplaces, social commerce, and quick commerce. Increasing adoption of innovative strategies like livestream selling, dropshipping, AI-driven personalization, and direct-to-consumer models are creating exciting investment opportunities.</p>
<p>Thus, investors should consider strong e-commerce stocks such as MercadoLibre, Inc. (<a href="https://stocknews.com/stock/MELI/">MELI</a>), Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>), and eBay Inc. (<a href="https://stocknews.com/stock/EBAY/">EBAY</a>), which are trading above their 50-day and 200-day moving averages.</p>
<p>The advent of high-speed internet and the surge in online shopping, along with the expansion of mobile commerce across all regions, have boosted e-commerce. With increased accessibility, companies are prioritizing and investing in customer engagement and online retail sales. Hence, U.S. online retail sales are projected to reach $1.2 trillion this year, reflecting a <a href="https://www.fticonsulting.com/insights/reports/2024-online-retail-report#:~:text=We%20project%20U.S.%20online%20retail%20sales%20will%20hit%20%241.2%20trillion%20in%202024.&amp;text=Estimated%20increase%20in%20U.S.%20online,%2C%20or%209.8%25%20over%202023.&amp;text=Expected%20U.S.%20e%2Dcommerce%20market,at%20the%20end%20of%202023.">$108 billion (9.8%) increase</a> from last year.</p>
<p>Meanwhile, the rise of second-hand marketplaces appeals to consumers seeking high-quality products at low prices with seamless payment options. Also, dropshipping enables business owners to sell online without holding inventory, reducing costs and simplifying operations. Given this trend, U.S. e-commerce revenue is projected to increase significantly by $657.8 billion, or <a href="https://www.statista.com/statistics/272391/us-retail-e-commerce-sales-forecast/">53.79%, from 2024 to 2029</a>.</p>
<p>Despite economic uncertainty and a slight slowdown in overall retail sales growth recently, the upcoming holiday season is expected to benefit sectors like clothing, accessories, and health retail. On top of it, innovations such as chatbots and headless commerce are set to enhance industry prospects further.</p>
<p>Considering these conducive trends, let's examine the fundamentals of the three above-mentioned E-commerce stocks.</p>
<p><strong>MercadoLibre, Inc. </strong>(<a href="https://stocknews.com/stock/MELI/"><strong>MELI</strong></a><strong>)</strong></p>
<p>Headquartered in Montevideo, Uruguay, MELI operates online commerce platforms in Latin America. It operates in two segments: Mercado Libre Marketplace and Mercado Pago FinTech platform. The company offers an automated online marketplace for buying and selling, as well as a financial technology platform for online transactions and payments.</p>
<p>In terms of the trailing-12-month gross profit margin, MELI's 54.70% is 47.5% higher than the 37.09% industry average. Its 3.71% trailing-12-month Capex / Sales is 26.2% higher than the 2.94% industry average. Also, the stock's 6.98% trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">Return on Total Assets</a> is 73.7% higher than the 4.02% industry average.</p>
<p>During the fiscal second quarter that ended on June 30, 2024, MELI's net revenues and financial income increased 41.5% year-over-year to $5.07 billion. The company's gross profit rose 29.2% over the prior-year quarter to $2.37 billion.</p>
<p>For the same quarter, its income from operations stood at $726 million, up 8.5% year-over-year. Additionally, its net income and EPS increased 102.7% and 103.1% from the year-ago values to $531 million and $10.48, respectively.</p>
<p>Street expects MELI's EPS for the quarter ending September 30, 2024, to increase 36.9% year-over-year to $9.80. Its revenue for the same quarter is expected to grow 39.7% year-over-year to $5.25 billion. It surpassed the EPS  estimates in each of the trailing four quarters. Over the past year, the stock has gained 64.5% to close the last trading session at $2,100.17.</p>
<p>MELI's stock is trading above its 50-day and 200-day moving averages of $1,899.99 and $1,682.33, respectively.</p>
<p>MELI's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its strong fundamentals. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.</p>
<p>MELI has a B grade for Growth, Momentum, Sentiment, and Quality. Within the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry, it is ranked #25 out of 52 stocks. To see MELI's ratings for Value and Stability, <a href="https://stocknews.com/stock/MELI/">click here</a>.</p>
<p><strong>Shopify Inc. </strong>(<a href="https://stocknews.com/stock/SHOP/"><strong>SHOP</strong></a><strong>)</strong></p>
<p>SHOP is a commerce company that provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia-Pacific, Australia, China, and Latin America. The company's platform enables merchants to display, manage, market, and sell their products through various sales channels and manage products and inventory, process orders, and payments.</p>
<p>In terms of its trailing-12-month Return on Total Capital, SHOP's 6.27% is 132.9% higher than the 2.69% industry average. Likewise, its 16.40% trailing-12-month net income margin is 352.7% higher than the 3.62% industry average. The stock's 0.74x trailing-12-month asset turnover ratio is 18.7% higher than the 0.62x industry average.</p>
<p>SHOP's revenues for the second quarter which ended on June 30, 2024, increased 20.7% year-over-year to $2.05 billion. Its adjusted gross profit rose 24.6% over the prior-year quarter to $1.05 billion. SHOP's adjusted net income and adjusted net income per share attributable to shareholders were $345 million and $0.26, reflecting year-over-year increases of 93.8% and 85.7%, respectively.</p>
<p>SHOP's stock is trading above its 50-day and 200-day moving averages of $68.52 and $71.52, respectively.</p>
<p>For the quarter ending September 30, 2024, SHOP's EPS and revenue are expected to increase 12.5% and 23.2% year-over-year to $0.27 and $2.11 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past month, SHOP's stock has gained 50.9% to close the last trading session at $80.11.</p>
<p>SHOP's POWR Ratings reflect this optimistic outlook. It has an A grade for Sentiment and a B for Momentum. SHOP is ranked #19 out of 26 stocks in the  <a href="https://stocknews.com/category/internet-services/">Internet – Services</a> industry. To access the additional grades of SHOP for Growth, Value, Stability, and Quality, <a href="https://stocknews.com/stock/SHOP/">click here</a>.</p>
<p><strong>eBay Inc. </strong>(<a href="https://stocknews.com/stock/EBAY/"><strong>EBAY</strong></a><strong>)</strong></p>
<p>EBAY operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's marketplace platforms include eBay.com and the eBay suite of mobile apps. They enable users to list, buy, and sell various products.</p>
<p>On July 10, 2024, EBAY introduced Business Cash Advance, a new financing option in partnership with Liberis. This service offers eligible U.S. sellers up to $1 million in working capital within 24 hours, with flexible payment options and a simple online application process.</p>
<p>In terms of the trailing-12-month EBIT margin, EBAY's 21.45% is 174.5% higher than the 7.81% industry average. Its 4.35% trailing-12-month Capex / Sales is 47.8% higher than the 2.94% industry average. Similarly, the stock's 18.41% trailing-12-month levered FCF margin is 264.9% higher than the 5.05% industry average.</p>
<p>In the fiscal second quarter that ended June 30, 2024, EBAY's net revenues increased 1.3% year-over-year to $2.57 billion. Its gross profit rose marginally year-over-year to $1.84 billion. Also, its non-GAAP net income from continuing operations stood at $602 million and 1.18 per share, up 8.5% and 14.6% over the prior-year quarter, respectively.</p>
<p>EBAY's stock is trading above its 50-day and 200-day moving averages of $57.67 and $50.70, respectively.</p>
<p>Analysts expect EBAY's EPS for the quarter ending September 30, 2024, to increase 14.4% year-over-year to $1.18. Its revenue for the same quarter is expected to rise 1.7% year-over-year to $2.54 billion. It surpassed the Street EPS and revenue estimates in each of the trailing four quarters. Over the past year, the stock has gained 50.9% to close the last trading session at $65.10.</p>
<p>EBAY's POWR Ratings reflect its strong fundamentals. EBAY has an A grade for Quality and a B for Momentum. It is ranked #24 in the Internet industry. Beyond what we have stated above, we also have given EBAY grades for Growth, Value, Stability, and Sentiment. Get all the EBAY's ratings <a href="https://stocknews.com/stock/EBAY/">here</a>.</p>
<p><em><strong>What To Do Next?</strong></em></p>
<p>Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:</p>
<p><a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s"><strong>3 Stocks to DOUBLE This Year &gt;</strong></a></p>

<hr />
<p>MELI shares were trading at $2,107.78 per share on Tuesday afternoon, up $5.15 (+0.24%). Year-to-date, MELI has gained 34.12%, versus a 20.80% rise in the benchmark S&amp;P 500 index during the same period.</p>
<hr><div style="clear:both;"></div><br><h2>About the Author: Abhishek Bhuyan</h2><br><img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;"><p>Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.</p><p><a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a></p>The post <strong><a href=https://stocknews.com/news/meli-shop-ebay-3-e-commerce-stocks-for-momentum-focused-investors/>3 E-Commerce Stocks for Momentum-Focused Investors</a></strong> appeared first on <strong><a href=https://stocknews.com/>StockNews.com</a></strong>

3 E-Commerce Stocks for Momentum-Focused Investors

J.P. Morgan analyst Marcelo Santos has maintained their bullish stance on MELI stock, giving a Buy rating on September 23. Marcelo Santos has given...

Buy Rating for MercadoLibre: Logistical Growth and Strategic SME ERP Entry Poised to Solidify Market Position

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Press Releases

MercadoLibre, Inc. Reports Third Quarter 2023 Financial Results

MercadoLibre, Inc. Third Quarter 2023 Letter to Shareholders

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MercadoLibre, Inc. Reports Second Quarter 2024 Financial Results

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