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Updated 1d ago
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MercadoLibre, Inc.NasdaqGS:MELI Stock Report

Market Cap US$95.1b
Updated 1d ago
Share Price
n/a
1Y-18.5%
7D-4.3%
1D1.6%
Portfolio Value
​
View

MercadoLibre, Inc.

NasdaqGS:MELI Stock Report

Market Cap: US$95.1b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

MercadoLibre (MELI) Stock Overview

Operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. More details

MELI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 45.8% below our estimate of its fair value

Earnings are forecast to grow 29.03% per year

Risk Analysis

Has a high level of debt

Profit margins (5.3%) are lower than last year (8.5%)


MELI Community Fair Values

Create Narrative

See what 878 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
15.8% undervalued intrinsic discount
AnalystConsensusTarget
•8d ago

Digital Retail And MercadoPago Adoption Will Fuel Future Markets

2.5k
1
374
AN
AnalystHighTarget
30.2% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Digital, Mobile And Fintech Trends Will Fuel Latin American Ecosystems

247
0
13
AN
AnalystLowTarget
8.9% overvalued intrinsic discount
AnalystLowTarget
•3mo ago

Fierce Stripe And PayPal Competition Will Weaken Latin America Prospects

646
0
24

Top Community Narratives

JO
John_Eric
Emerging Author
48.1% undervalued intrinsic discount
John_Eric
•6d ago

MercadoLibre and the Spreadsheet Trick That Decides Everything

8.8k
3
133
JO
16.5% undervalued intrinsic discount
Jobeda
•3mo ago

MercadoLibre's 19% Revenue Growth Will Propel Their Future Success

193
0
10

Top Community Narratives

Top Analyst Narratives

JO
John_Eric
Emerging Author
48.1% undervalued intrinsic discount
John_Eric
•6d ago

MercadoLibre and the Spreadsheet Trick That Decides Everything

8.8k
3
133
AN
AnalystConsensusTarget
15.8% undervalued intrinsic discount
AnalystConsensusTarget
•8d ago

Digital Retail And MercadoPago Adoption Will Fuel Future Markets

2.5k
1
374
JO
16.5% undervalued intrinsic discount
Jobeda
•3mo ago

MercadoLibre's 19% Revenue Growth Will Propel Their Future Success

193
0
10
AN
AnalystHighTarget
30.2% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Digital, Mobile And Fintech Trends Will Fuel Latin American Ecosystems

247
0
13
AN
AnalystLowTarget
8.9% overvalued intrinsic discount
AnalystLowTarget
•3mo ago

Fierce Stripe And PayPal Competition Will Weaken Latin America Prospects

646
0
24
View all narratives

MercadoLibre, Inc. Competitors

PDD Holdings

Symbol: NasdaqGS:PDD
Market cap: US$111.9b

Sea

Symbol: NYSE:SE
Market cap: US$66.6b

eBay

Symbol: NasdaqGS:EBAY
Market cap: US$46.1b

JD.com

Symbol: NasdaqGS:JD
Market cap: US$36.3b

Price History & Performance

Summary of share price highs, lows and changes for MercadoLibre
Historical stock prices
Current Share PriceUS$1,906.24
52 Week HighUS$2,548.50
52 Week LowUS$1,495.00
Beta1.31
1 Month Change-1.74%
3 Month Change19.92%
1 Year Change-18.47%
3 Year Change37.79%
5 Year Change1.32%
Change since IPO6,588.56%

Recent News & Updates

Seeking Alpha • Sep 08

MercadoLibre: Growth In LatAm Is Already Priced In

Summary MercadoLibre dominates Latin American e-commerce and fintech, driving 50% YoY revenue growth to $10.2B and expanding its credit portfolio by 75%. MELI’s investment-heavy strategy compresses margins—net income fell 11% YoY—yet management prioritizes growth and customer retention through MELI+ and ecosystem integration. Future upside hinges on deeper market penetration, improved customer loyalty, and eventual margin expansion as credit card cohorts mature and cost controls tighten. My DCF yields a fair value of $1,946/share, slightly below the current price, reflecting high-growth expectations but also significant credit and competitive risks. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 04

MercadoLibre Just Crossed $10 Billion. The Margin Bill Came Due.

Revenue jumped 50%. Payment volume broke $100 billion.
User avatar
Narrative Update • Sep 03

MELI: Q2 GMV Upside And Fintech Expansion Are Expected To Reset Margins

Analysts have nudged the MercadoLibre price target higher to about $2,265 from roughly $2,217, reflecting updated views that factor in recent Q2 research highlighting broad based GMV upside, faster payments volume growth, improving fintech and margin metrics, and ongoing but disciplined reinvestment. Analyst Commentary Recent research on MercadoLibre points to a mixed but generally constructive tone, with several banks lifting price targets while still flagging execution risks around margins and reinvestment.
Analysis Article • Aug 09

Analysts Have Made A Financial Statement On MercadoLibre, Inc.'s (NASDAQ:MELI) Second-Quarter Report

MercadoLibre, Inc. ( NASDAQ:MELI ) defied analyst predictions to release its quarterly results, which were ahead of...

Recent updates

Seeking Alpha • Sep 08

MercadoLibre: Growth In LatAm Is Already Priced In

Summary MercadoLibre dominates Latin American e-commerce and fintech, driving 50% YoY revenue growth to $10.2B and expanding its credit portfolio by 75%. MELI’s investment-heavy strategy compresses margins—net income fell 11% YoY—yet management prioritizes growth and customer retention through MELI+ and ecosystem integration. Future upside hinges on deeper market penetration, improved customer loyalty, and eventual margin expansion as credit card cohorts mature and cost controls tighten. My DCF yields a fair value of $1,946/share, slightly below the current price, reflecting high-growth expectations but also significant credit and competitive risks. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 04

MercadoLibre Just Crossed $10 Billion. The Margin Bill Came Due.

Revenue jumped 50%. Payment volume broke $100 billion.
User avatar
Narrative Update • Sep 03

MELI: Q2 GMV Upside And Fintech Expansion Are Expected To Reset Margins

Analysts have nudged the MercadoLibre price target higher to about $2,265 from roughly $2,217, reflecting updated views that factor in recent Q2 research highlighting broad based GMV upside, faster payments volume growth, improving fintech and margin metrics, and ongoing but disciplined reinvestment. Analyst Commentary Recent research on MercadoLibre points to a mixed but generally constructive tone, with several banks lifting price targets while still flagging execution risks around margins and reinvestment.
Analysis Article • Aug 09

Analysts Have Made A Financial Statement On MercadoLibre, Inc.'s (NASDAQ:MELI) Second-Quarter Report

MercadoLibre, Inc. ( NASDAQ:MELI ) defied analyst predictions to release its quarterly results, which were ahead of...
User avatar
Narrative Update • Aug 05

MercadoLibre Graded Its Own Homework — And Passed

Three months ago I wrote about a negative number — MercadoLibre's free cash flow, minus $56 million — and spent two thousand words explaining why it was the wrong thing to panic about. I ended that piece the way you're supposed to end an honest piece you're not fully sure about: not with a verdict, but with a test.
User avatar
New Narrative • Jul 10

MercadoLibre and the Spreadsheet Trick That Decides Everything

Quick question before we begin. I'm going to give you one number — MercadoLibre's free cash flow last quarter — and I want you to guess what the stock is worth.
User avatar
Narrative Update • Jun 29

MELI: Mexico Investment And Execution Will Drive Upside Despite Margin Pressures

Analysts have lowered the fair value estimate for MercadoLibre to about $2,732 from roughly $3,285, reflecting a series of reduced Street price targets and updated models that factor in higher discount rates, a less certain margin outlook, and ongoing competitive and monetization pressures following recent earnings. Analyst Commentary Recent Street commentary on MercadoLibre reflects a clear reset in expectations, with several houses trimming price targets and a few moving to more cautious ratings.
User avatar
Narrative Update • Jun 15

MELI: Heavy 2026 Mexico Investment Is Expected To Reset Margins Before Expansion

Analysts have trimmed the MercadoLibre fair value estimate from $2,439.88 to $2,216.96. This reflects a series of lower price targets across the Street as they factor in a higher discount rate, more cautious margin assumptions, and recent comments about monetization and competitive pressures.
User avatar
Narrative Update • Jun 01

MELI: Heavy Investment Cycle And Competition Reset Near Term Margin Expectations

MercadoLibre's analyst price targets have broadly moved lower, with several firms trimming expectations by $150 to $550 per share as analysts factor in ongoing competitive pressure, higher investment spending, and less certain monetization. At the same time, long term growth and margin assumptions in valuation models remain largely intact.
User avatar
New Narrative • May 20

MercadoLibre's 19% Revenue Growth Will Propel Their Future Success

The story behind my purchase of Mercado Libre it’s not a technical as the other commentaries. I am positioned such that I’ve been in meetings with the former ambassador for Venezuela, realize President Trump‘s desire to have “better relations“ with Latin America, hope for a more open Cuba / Venezuela.
User avatar
Narrative Update • May 16

MELI: Heavy Investment Cycle And Brazil Competition Will Shape Future Margin Upside

MercadoLibre's analyst fair value estimate is updated from $1,827 to $1,750 as analysts factor in softer revenue growth assumptions, lower margin expectations tied to ongoing competitive and investment pressures, and a higher discount rate, partially balanced by a higher future P/E multiple. Analyst Commentary Recent Street research points to a clear reset in expectations for MercadoLibre, with many bearish analysts cutting price targets and turning more cautious on the near term risk and reward.
User avatar
Narrative Update • May 02

MELI: Heavy 2026 Investment In Argentina Expected To Reset Margins Before Expansion

The analyst price target for MercadoLibre has moved from $2,639.69 to $2,439.88 as analysts factor in higher near term investment and more tempered profit margin expectations, while still highlighting solid revenue momentum and a slightly lower assumed future P/E multiple. Analyst Commentary Recent Street research around MercadoLibre centers on how heavier near term spending, competitive pressure in Brazil, and evolving expectations for profitability feed into valuation.
User avatar
Narrative Update • Apr 16

MELI: Heavy Investment And Brazil Competition Will Influence Fairly Valued Margin Outlook

The analyst price target for MercadoLibre has been revised from $1,858.67 to $1,827.00, as analysts weigh continued heavy investment, intense competition in Brazil, and mixed margin trends, alongside solid revenue and payments growth. Analyst Commentary Recent Street research on MercadoLibre reflects a more cautious tone, even as some firms still highlight positives around revenue, user experience, and fintech traction.
User avatar
Narrative Update • Apr 02

MELI: Investment Cycle And Brazil Competition Will Shape Future Margin Recovery

Analysts have trimmed the implied fair value for MercadoLibre shares from about $2,190 to roughly $1,859. This reflects lower profit margin and P/E assumptions, even as they highlight continued investment, intense competition in Brazil, and ongoing support for growth in e-commerce and fintech.
User avatar
Narrative Update • Mar 19

MELI: Heavy 2026 Investment Cycle Expected To Reset Margins Before Expansion

The analyst fair value estimate for MercadoLibre has been reduced from $2,805.46 to $2,639.69 as analysts factor in sustained competitive pressure from Shopee, a slightly higher discount rate, more moderate revenue growth assumptions, and lower profitability expectations driven by ongoing investment. Analyst Commentary Recent Street research on MercadoLibre reflects a mix of optimism around long-term execution and caution around the investment cycle and competitive intensity, particularly in Brazil.
User avatar
Narrative Update • Mar 05

MELI: Investment Cycle And Robotics Adoption Will Shape Future Margin Upside

Narrative Update The analyst price target for MercadoLibre has been trimmed from $2,352.11 to $2,190.00 as analysts factor in higher discount rates, more moderate revenue growth and profit margins, and adjustments related to the company's ongoing investment cycle highlighted in recent research updates. Analyst Commentary Recent research on MercadoLibre points to a more cautious tone around the stock, even as many firms still express confidence in the long term.
User avatar
Narrative Update • Feb 19

MELI: Execution On Share Defense And Robotics Adoption Will Shape Future Profit Margins

Our updated narrative fair value for MercadoLibre edges up to $2,352 from $2,340, reflecting analysts' slightly higher revenue growth and margin assumptions, along with modestly lower long term P/E and discount rate expectations following recent price target tweaks from $2,700 to $2,600 and from $3,000 to $2,900. Analyst Commentary Street research around MercadoLibre has shifted toward slightly more conservative expectations, even as some firms maintain constructive views on the long term story.
User avatar
Narrative Update • Feb 05

MELI: Higher Sector Take Rates Will Support 2026 Margin Expansion

Analysts have trimmed their fair value estimate for MercadoLibre to about US$2,805 from roughly US$2,847, citing updated price targets, such as the recent move to US$2,900, and discussion of competitive take rates that feed into slightly adjusted growth and margin assumptions, the discount rate, and future P/E expectations. Analyst Commentary Recent Street research highlights a mix of optimism and caution around MercadoLibre, with price target adjustments and peer developments feeding into updated views on growth, margins, and valuation.
User avatar
Narrative Update • Jan 22

MELI: Argentina De Risking Will Support Upside Despite Brazilian E Commerce Pressures

Narrative Update The updated analyst fair value estimate for MercadoLibre has moved from about $3,406 to roughly $3,285. This reflects a slightly higher discount rate and more measured assumptions on revenue growth, profit margins, and future P/E, in line with recent Street research where analysts have modestly adjusted price targets while weighing Argentina de risking against a more competitive Brazilian e commerce backdrop.
User avatar
Narrative Update • Jan 07

MELI: Rising Brazil Competition And Fair Valuation Will Shape Future Profit Margins

Analysts have trimmed their blended price target for MercadoLibre by about $7 per share. This reflects slightly softer revenue growth assumptions and higher discount rates, partly offset by expectations for stronger profit margins and a lower future P/E multiple in light of recent target moves from Barclays, UBS and JPMorgan.
User avatar
Narrative Update • Dec 17

MELI: Rising Competition In Brazil Will Shape Future Profit Margin Trajectory

Our updated narrative price target for MercadoLibre rises to approximately $2,347, up from about $2,106, as analysts balance robust top line momentum and higher assumed revenue growth with a slightly richer valuation multiple and mounting competitive and margin pressures highlighted in recent Street research. Analyst Commentary Street research over the past several weeks reflects a more nuanced and selectively cautious stance on MercadoLibre, with several bearish analysts trimming price targets even as long term growth drivers remain intact.
User avatar
Narrative Update • Dec 03

MELI: Fixed Cost Leverage Will Drive 2026 Margin Expansion Amid Intensifying Competition

Analysts have nudged our MercadoLibre fair value estimate slightly lower to approximately $2,847 from about $2,862, reflecting modest target price trims tied to rising competitive pressure and recent earnings estimate cuts, partially offset by continued confidence in the company’s long term growth and margin levers. Analyst Commentary Street research on MercadoLibre has recently tilted mixed, with modest price target revisions reflecting a balance between confidence in the company’s long term growth runway and caution around near term competitive and macro headwinds.
User avatar
Narrative Update • Nov 19

MELI: Rising Fixed Cost Leverage Will Drive Margin Expansion Despite Competition

MercadoLibre's analyst price target has moved modestly to $2,861.96 from $2,893.88, as analysts weigh ongoing competitive pressures, slight profit margin compression, and recent de-risking in Argentina. Analyst Commentary Recent Street research reflects a nuanced view of MercadoLibre's prospects, with analysts highlighting both the opportunities and ongoing risks impacting its valuation and growth outlook.
User avatar
Narrative Update • Sep 03

Digital Retail And MercadoPago Adoption Will Fuel Future Markets

Analysts have raised MercadoLibre’s price target to $2,876, reflecting confidence in its aggressive push into Brazil’s low-ASP e-commerce segment despite rising competition, driven by strong Q2 execution and potential for share gains among value-focused consumers. Analyst Commentary MercadoLibre is aggressively targeting the lower average selling price (ASP) segment in Brazil, including a significant lowering of the free shipping threshold and large-scale promotional campaigns, to directly compete with Shopee, Temu, and TikTok Shop.
Seeking Alpha • Mar 25

MercadoLibre: Near Its Lowest Valuation Ever

Summary Higher rates have caused MercadoLibre's valuation to compress, expanding the forward returns it offers. Because risk = return, we'd expect the business' risk to also have expanded. But the opposite has been true: MercadoLibre is now more mature and more durable than ever, while remaining on a runway for growth that spans many years into the future. In short, I like MercadoLibre's risk = return setup today: Higher returns due to higher rates, and lower risk due to exceptional business strength and greater scale. This is exactly what we'd want in an investment setup. Read the full article on Seeking Alpha
Seeking Alpha • Mar 16

MercadoLibre: Strong Growth Potential At A Cheap Valuation

Summary MercadoLibre stock has obtained an appealing return despite weak equity performances in core markets. In Q4, the company reiterated its strong growth, with net income growing 287% year-over-year. MercadoLibre combines robust growth with an undervaluation compared to its history and optimistic sell-side analysts' ratings. Read the full article on Seeking Alpha
Seeking Alpha • Feb 21

MercadoLibre Q4 Earnings: Where Margins Take Center Stage

Summary MercadoLibre, Inc.'s Q4 performance surpassed expectations, with revenue meeting estimates and margins improving significantly. Argentina's economic stability boosted consolidated results, while Brazil and Mexico continued strong growth. MELI’s e-commerce GMV grew 8.2% YOY, despite currency challenges, with a strong performance in Argentina. Mercado Pago saw rapid growth, with its loan portfolio up 77% YOY and credit cards growing 172%. MELI's implied share price suggests a 16% upside, based on aggressive growth assumptions and margin expansion. Read the full article on Seeking Alpha
Seeking Alpha • Feb 03

MercadoLibre: Strong 2025 Growth Expected, Shares Hit Key Support

Summary I have a buy rating on MercadoLibre due to its robust growth profile, strong technicals, and justified high P/E ratio near 60. Despite a Q3 earnings miss, MELI's growth trends are healthy, with significant gains in ad revenue, operating leverage, and market share. Key risks include macroeconomic slowdowns, political turmoil, increased competition, and higher interest rates, but MELI's fintech innovations and large addressable market offer upside potential. Technically, MELI's chart shows strong support and resistance levels, with potential for significant price appreciation if it breaks above its all-time high. Read the full article on Seeking Alpha
Seeking Alpha • Jan 16

MercadoLibre: Numerous Macro Headwinds (Rating Downgrade)

Summary I am downgrading MercadoLibre (MELI) to Hold due to previously underestimated country risks and macroeconomic headwinds. MELI's 17% stock decline in the past three months is attributed to foreign exchange headwinds and decelerating revenue growth. The Brazilian Real's significant depreciation and anticipated economic challenges in 2025 will likely impact MELI's performance reported in USD. Read the full article on Seeking Alpha
Seeking Alpha • Jan 02

MercadoLibre: A Top E-Commerce Play For 2025 And Beyond

Summary MercadoLibre's share price drop presents a buying opportunity, as the investment is supported by strong GMV growth and profitability in key markets like Brazil and Mexico. The company's robust financial performance, including double-digit operating margins and significant earnings growth, underscores its long-term growth potential. Key growth catalysts include expanding in South and Central America, leveraging AI, enhancing its Fintech business, and potentially initiating a stock buyback program. MercadoLibre's strong business execution and favorable long-term market conditions suggest 20% upside potential, making it a compelling investment for growth investors. Read the full article on Seeking Alpha
Seeking Alpha • Dec 24

MercadoLibre: More Undervalued Than You Think

Summary MercadoLibre's recent stock dip presents a buying opportunity, driven by strong growth in e-commerce and fintech sectors despite macroeconomic challenges in Brazil. E-commerce growth is robust, with 7 million new buyers and significant market potential, aiming for a $105 billion opportunity by 2027. Fintech division shows impressive metrics, with 35% growth in monthly active users and 93% YoY growth in assets under management. Despite short-term profitability concerns, MELI's strategic investments in logistics and fintech position it for substantial long-term gains. Read the full article on Seeking Alpha
Seeking Alpha • Dec 13

MercadoLibre Stock Is Shooting To The Moon

Summary MercadoLibre dominates Latin America's high-growth e-commerce market, supported by unique regional expertise, first-mover advantage, and diversified operations including fintech and logistics. With a 14% 10-year projected revenue CAGR, expanding EBITDA margins (18.5% by 2034), and robust leadership, MELI is poised for long-term success despite conservative valuation assumptions. Despite threats from Amazon and cost-driven rivals (e.g., Shein, Temu), MercadoLibre's tailored regional strategy and AI-driven efficiencies solidify its Strong Buy status for growth portfolios. Read the full article on Seeking Alpha
Seeking Alpha • Nov 21

MercadoLibre: Buy The Unwarranted Pullback, Credit Growth Headwinds Are Temporary

Summary MELI's recent pullback to $1.77K is unwarranted indeed, since the strategic investments have contributed to the robust FQ3'24 performance metrics. At the same time, the credit segment headwinds are likely to be temporal, as the management continues to report healthy credit profile while accelerating into the upmarket segment. Even so, the recent correction has been a gift, since MELI now trades attractively at FWD PEG non-GAAP ratio of 1.41x, offering interested investors with excellent margin of safety. It has also triggered a richer upside potential to our raised long-term price target, offering double digits capital appreciation prospect to those whom buy the dip. In the long term, we believe that MELI's strategic investments are likely to drive its profitable growth prospects, aided by the region's nascent e-commerce, fintech, & advertising markets. Read the full article on Seeking Alpha
Seeking Alpha • Nov 08

MercadoLibre: Recent Dip Adds Margin Of Safety

Summary MercadoLibre's stock dipped 15% despite strong revenue growth due to missing EPS estimates and a significant drop in EBIT margin. The company shows solid operational performance with growth in GMV, unique buyers, and fintech metrics, but faced pressure in margins. MercadoLibre's growth story remains credible, supported by market share gains and expansion opportunities, although competition and economic cyclicality pose risks. Current valuation offers a margin of safety, making MercadoLibre a cautious buy with potential for high-value generation and shareholder returns. Read the full article on Seeking Alpha
Seeking Alpha • Oct 08

MercadoLibre: Back To Its Margin Expansion And Hyper Growth Path (Rating Upgrade)

Summary MercadoLibre's Q2 results exceeded expectations, with revenue and EPS beating estimates by 8% and 24%, respectively, showcasing strong growth and profitability. Despite high investor expectations, MELI's diversified business model and strategic investments continue to drive significant growth across all regions and verticals. MELI's valuation is justified given its robust growth prospects and potential for 15%+ annual returns. I upgrade MELI back to a 'Buy', acknowledging its impressive execution and potential to outperform conservative market estimates. Read the full article on Seeking Alpha
User avatar
New Narrative • Sep 24

Emerging As A Financial Powerhouse In Latin America With Decisive Growth And Innovation Initiatives

Strategic investments and marketing in key markets like Brazil and Mexico, alongside enhancements in user experience and logistics, are poised to significantly boost revenue.
Seeking Alpha • Sep 23

MercadoLibre: Vast Ecosystem And Enticing Valuation

Summary MercadoLibre is a Strong Buy due to its robust ecosystem in the fast-growing Latin American market, leveraging fintech and e-commerce synergies. The company shows impressive financial performance with 42% YoY revenue growth and a strong cash position, enabling aggressive investment and innovation. MELI stock is undervalued, trading at a 13% discount to its intrinsic value, presenting a solid potential upside. Despite competitive and regulatory risks, MELI's strategic strengths and market position make it a compelling investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Sep 05

MercadoLibre Is Still One Of The Best Growth Plays Out There

Summary I initiated coverage of MercadoLibre, Inc. with a "Buy" rating in May 2024. The stock is beating the market so far - will it last? I believe so. The company's strategic investments in AI, free shipping, and credit portfolio expansion, alongside a potential banking license in Mexico, promise sustained growth. Despite risks like currency volatility and competition, MercadoLibre's comprehensive ecosystem and consistent earnings outperformance make it a promising investment. Analysts' forecasts underestimate MELI's EPS growth; I project a fair value of ~$2,335/share, 17% higher than the current price, reinforcing my "Buy" rating. Read the full article on Seeking Alpha
Seeking Alpha • Aug 19

MercadoLibre: Riding A Supersonic Growth Wave

Summary MercadoLibre is showing robust growth momentum across key metrics, while the stock appears significantly undervalued. Multiple strong growth drivers serve as a major catalyst, suggesting the company can sustain its impressive growth momentum over the long term. Valuation analysis suggests the stock is attractively valued, with a fair value of $185 billion, 85% higher than the current market cap. Read the full article on Seeking Alpha
Seeking Alpha • Aug 04

MercadoLibre: Like A Boss

Summary Mercado Libre reported its Q2 2024 earnings Thursday after the market closed and they were impressive. We look at the numbers and analyze the trends. Both Mercado Pago and the marketplace delivered stellar performances, posting the best growth numbers since 2021, when there was a strong pandemic tailwind. We examine the valuation from different angles and the stock looks still cheap or at least fairly valued, making it a buy. Read the full article on Seeking Alpha
Seeking Alpha • Jul 08

MercadoLibre: It May Be Just The Beginning Of A Great Rally

Summary MercadoLibre stock has increased by 21.6% since my bullish call three months ago, outperforming the S&P 500 index. I believe it's just the beginning. After MELI's Q1 results, Wall Street estimates have not increased significantly overall. But the business is blooming as far as I see. MercadoLibre's fintech arm, MercadoPago, is driving high-quality growth, with significant increases in total assets under management and credit portfolio. The company's operating profit margin could reach 35% by 2028, potentially increasing its stock to $2,300-$2,500 shortly, based on my DCF model. I believe that MELI's long-term uptrend will continue - hence my "Buy" rating update today. Read the full article on Seeking Alpha

Shareholder Returns

MELIUS Multiline RetailUS Market
7D-4.3%-2.9%-2.2%
1Y-18.5%-2.3%13.1%

Return vs Industry: MELI underperformed the US Multiline Retail industry which returned -2.3% over the past year.

Return vs Market: MELI underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is MELI's price volatile compared to industry and market?
MELI volatility
MELI Average Weekly Movement5.1%
Multiline Retail Industry Average Movement7.0%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: MELI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MELI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999123,670Ariel Szarfsztejnwww.mercadolibre.com

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers.

MercadoLibre, Inc. Fundamentals Summary

How do MercadoLibre's earnings and revenue compare to its market cap?
MELI fundamental statistics
Market capUS$95.12b
Earnings (TTM)US$1.86b
Revenue (TTM)US$35.18b
51.9x
P/E Ratio
2.7x
P/S Ratio

Is MELI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MELI income statement (TTM)
RevenueUS$35.18b
Cost of RevenueUS$18.38b
Gross ProfitUS$16.80b
Other ExpensesUS$14.94b
EarningsUS$1.86b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)36.75
Gross Margin47.75%
Net Profit Margin5.30%
Debt/Equity Ratio134.6%

How did MELI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 06:17
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MercadoLibre, Inc. is covered by 47 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert Ford AguilarBofA Global Research
Pedro PintoBradesco S.A. Corretora de Títulos e Valores Mobiliários
Luiz Poli GuanaisBTG Pactual

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