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MercadoLibre Stock Drops After Disappointing Q4 EPS
Benzinga· 2026-02-25 18:59
Core Viewpoint - MercadoLibre Inc reported fourth-quarter earnings that fell short of expectations despite revenue exceeding estimates, leading to a decline in stock performance and price target adjustments by analysts [1][2]. Financial Performance - The company posted earnings of $11.03 per share, which was below the expected $11.59 and down from $12.61 a year ago [2]. - Revenue reached $8.759 billion, surpassing estimates and reflecting a nearly 45% year-over-year increase [2]. Operational Highlights - MercadoLibre reported strong operational results with $889 million in operating income and a 10.1% margin, alongside $559 million in net income with a 6.4% margin [3]. - Total Payment Volume was $83.7 billion, up more than 42% year-over-year, while Gross Merchandise Volume increased to $19.9 billion, a nearly 37% rise [3]. - The company emphasized record customer satisfaction and strong Net Promoter Scores across its major markets [3]. Analyst Reactions - Analysts from Barclays, Cantor Fitzgerald, and Wedbush have lowered their price targets for MercadoLibre following the earnings report [4][5]. - Barclays reduced its target from $2900 to $2600 while maintaining an Overweight rating, and Cantor Fitzgerald lowered its target from $2750 to $2400, also maintaining an Overweight rating [4]. - Wedbush adjusted its target from $2600 to $2400 while keeping an Outperform rating, and BTIG marked down its target from $2750 to $2650 while maintaining a Buy rating [5]. Stock Performance - As of the time of publication, MercadoLibre shares were down 7.66% at $1775.25 [5].
Why Are FuboTV Shares Sliding On Thursday? - FuboTV (NYSE:FUBO)
Benzinga· 2026-02-19 18:23
Core Viewpoint - FuboTV Inc. is experiencing a significant decline in its stock price amid a broader market downturn, underperforming compared to major indices like the Nasdaq and S&P 500 [1] Group 1: Financial Performance - FuboTV reported a revenue of $1.55 billion for Q1 2026, exceeding analyst expectations of $1.10 billion, but incurred a loss of 2 cents per share [2] - The company has decided to stop providing forward guidance and announced a planned reverse stock split with a ratio between 1-for-8 and 1-for-12, which has dampened investor sentiment [2] Group 2: Technical Analysis - Over the past year, FuboTV's stock has declined by 67.75%, currently trading at $1.31, just above its 52-week low of $1.29 [3] - The stock is significantly below all key moving averages, indicating a strong bearish trend: 34% below the 20-day SMA, 46.7% below the 50-day SMA, 58.2% below the 100-day SMA, and 61.8% below the 200-day SMA [3] - The RSI is at 16.06, indicating an oversold condition, which may suggest a potential reversal or relief rally [4] Group 3: Analyst Outlook - FuboTV is expected to provide its next financial update on May 1 [5] - The stock currently carries a Buy Rating with an average price target of $3.63, despite recent declines [6] - Recent analyst actions include a downgrade by Wedbush to a target of $3.50 and upgrades by Seaport Global and Needham to targets of $3.00 [6]