Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025

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5. MercadoLibre Inc (NASDAQ:MELI)

Number of Hedge Fund Holders In Q4 2024: 96

MercadoLibre Inc (NASDAQ:MELI) is an e-commerce company that operates in Latin America.

The stock is up significantly so far in 2025 as MercadoLibre reported solid Q4 2024 results. Revenue grew 37% year-over-year to $6.06 billion, while EPS reached $12.61, far exceeding analyst expectations of $7.26 per share.

It was driven by robust growth in its e-commerce and fintech segments. Constant-currency sales also increased 96% due to Argentinian inflation.

The consensus price target of $2,385.94 implies 9.71% downside.

MELI is up 27.22% year-to-date.

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