Professional
Added to YB: 2025-01-22
Pitch date: 2025-01-21
MELI [bullish]
MercadoLibre, Inc.
-7.45%
current return
Author Info
No bio for this author
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$87.0B
Pitch Price
$1.8K
Price Target
2.3K (+32%)
Dividend
N/A
EV/EBITDA
20.45
P/E
43.55
EV/Sales
3.19
Sector
Broadline Retail
Category
growth
Show full summary:
Raymond James Upgrades MercadoLibre (MELI) to Strong Buy with $2,250 Target
MELI Strong Buy: Raymond James upgrades, $2,250 PT. 30% GMV growth in Brazil/Mexico offsetting macro headwinds. Fulfillment investments (8+ FCs in 2H24) to improve utilization. Maturing credit cards to lessen provisioning. Fintech advantage: 95% credit data ownership, low CAC via $50B GMV Marketplace.
Read full article (1 min)