MercadoLibre, Inc. (MELI) Stock Price & Analysis
MercadoLibre, Inc. (MELI) closed at USD 1,824.95 on Thursday, October 22, 2026, down 1.61% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 1,824.95; the Oct 22, 2026 session ranged USD 1,803.49–1,856.74 on volume of 423,725 shares. Market capitalization is —, with a 52-week range of USD 1,495–2,428 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MELI.md
Key facts (MELI)
- Last four reported quarters (through Jun 30, 2026): revenue $35.2B, net income $1.86B (5.3% margin), free cash flow $12.4B (SEC filings).
- 7 of 80 tracked superinvestors hold MELI (13F, Q2 2026): 0 new, 3 added, 3 reduced, 1 unchanged.
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $1.2M; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y -15.1% vs S&P 500 +14.9%; 5Y +21.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 9.34, revenue estimate $10.7B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MELI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.07B | $10.8B | $15.1B | $20.8B | $28.9B | $35.2B |
| Gross profit | $3.00B | $5.20B | $7.59B | $9.58B | $12.9B | — |
| Operating income | $441M | $1.07B | $2.21B | $2.63B | $3.20B | $2.91B |
| Net income | $83.0M | $482M | $987M | $1.91B | $2.00B | $1.86B |
| EPS (diluted) | $1.67 | $9.53 | $19.46 | $37.69 | $39.40 | — |
| Free cash flow | $392M | $2.49B | $4.63B | $7.06B | $10.8B | $12.4B |
| Gross margin | 42.5% | 48.2% | 50.2% | 46.1% | 44.5% | — |
| Operating margin | 6.2% | 9.9% | 14.6% | 12.7% | 11.1% | 8.3% |
| Net margin | 1.2% | 4.5% | 6.5% | 9.2% | 6.9% | 5.3% |
| Revenue growth | +77.9% | +52.5% | +40.1% | +37.5% | +39.1% | — |
| Cash + short-term investments | $3.40B | $4.25B | $6.04B | $7.12B | $6.30B | — |
| Total debt | $3.52B | $4.76B | $4.50B | $5.71B | $9.19B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MELI)
P/E at fiscal year-ends: Dec 2025 51.1x, Dec 2024 45.1x, Dec 2023 81.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (MELI)
7 of 80 tracked investors hold MELI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Henry Ellenbogen | Durable Capital Partners | 5.10% | $524M | Reduced -12.0% |
| Chase Coleman | Tiger Global Management | 1.08% | $260M | Added +13.4% |
| Wallace Weitz | Weitz Investment Management | 1.08% | $15.6M | Added +15.0% |
| Bill Miller | Miller Value Partners | 0.69% | $2.9M | Reduced -22.7% |
| Polen Capital | Polen Capital Management | 0.38% | $44.0M | Reduced -24.8% |
| Thomas Gayner | Markel Group | 0.31% | $40.7M | Added +340.4% |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $3.4M | Unchanged |
Insider purchases (SEC Form 4, open-market, last ~7 months) (MELI)
2 purchases, $1.2M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-11 | Melamud Marcelo | SVP - Chief Accounting Officer | 125 | $200K | 1,604.62 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-22 | Aguzin Alejandro Nicolas | Director | 600 | $994K | 1,655.93 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MELI)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Citigroup | Target lowered | Neutral | $2150 → $2100 |
| 2026-10-12 | Cantor Fitzgerald | Target lowered | Overweight | $2300 → $2200 |
| 2026-10-06 | Susquehanna | Target raised | Positive | $2400 → $2500 |
| 2026-09-03 | BTIG | Reiterated | Buy | $2150 |
| 2026-08-11 | JP Morgan | Target raised | Neutral | $1900 → $2150 |
| 2026-08-06 | Cantor Fitzgerald | Target raised | Overweight | $2150 → $2300 |
| 2026-08-06 | BTIG | Reiterated | Buy | $2150 |
| 2026-07-15 | Citigroup | Target raised | Neutral | $1950 → $2000 |
Total return (dividends reinvested) (MELI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -15.1% | +21.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -15.1% | +3.9% |
| Volatility (annualized) | 40.5% | 47.9% |
| Max drawdown | -34.5% (Oct 2025→May 2026) | -61.0% (Nov 2021→Jun 2022) |
MELI revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Brazil | $5.53B | 54.4% | +59.2% |
| Mexico | $2.34B | 23.0% | +55.2% |
| Argentina | $1.84B | 18.1% | +20.4% |
| Other Countries | $463.0M | 4.6% | +63.0% |
| Total revenue | $10.17B | 100% | — |
MELI revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Net service revenues and financial income | $8.69B | 85.5% | +45.7% |
| Net product revenues | $1.48B | 14.5% | +78.8% |
| Total revenue | $10.17B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MELI suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Alphabet (Google) (GOOGL) | “■We rely on third-party platforms, such as Google Play and Apple app stores, to access our Mercado Libre and Mercado Pago apps;” |
| Supplier | Apple (AAPL) | “■We rely on third-party platforms, such as Google Play and Apple app stores, to access our Mercado Libre and Mercado Pago apps;” |
Quoted from the company's 10-K filed Feb 25, 2026.
MELI company outlook (results filed Aug 5, 2026)
- “MercadoLibre Letter to Shareholders 16 Q2'26 Results FX neutral We believe that FX neutral measures provide useful information to both Management and investors by excluding the foreign currency exchange rate impact that may not be indicative of our core operating results and business outlook.”
Quoted word-for-word from the SEC 8-K results press release.
MELI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $9.34 | $9.63 | -3.0% | $10.70B | 10 |
| Next quarter (ends Dec 2026) | $11.25 | $11.72 | -4.0% | $11.98B | 10 |
| Current fiscal year (ends Dec 2026) | $38.35 | $39.92 | -3.9% | $41.86B | 22 |
| Next fiscal year (ends Dec 2027) | $55.70 | $57.39 | -2.9% | $54.13B | 22 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 1,824.95 |
|---|---|
| Change | ▼ 1.61% (down) |
| Previous Close | USD 1,824.95 |
| Open | USD 1,824.95 |
| Day Range | USD 1,803.49 – 1,856.74 |
| 52-Week Range | USD 1,495 – 2,428 |
| Volume | 423,725 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (MELI)
Nexqual's technical model rates MELI "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 44.13 (neutral) |
| vs SMA50 | Below (USD 1,859.69) |
| MACD | 4.18 (positive) |
Earnings (MELI)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 9.27 |
| Revenue Estimate | $10.70B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 9.19 vs est 8.89 ▲ beat |
| 2026-03-31 | USD 8.23 vs est 8.2 ▲ beat |
| 2025-12-31 | USD 11.03 vs est 11.44 ▼ miss |
| 2025-09-30 | USD 8.32 vs est 9.3 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (MELI)
| Total Revenue | $35.18B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +49.80% |
| Gross Margin | +47.75% |
| Operating Margin | +6.72% |
| Profit Margin | +5.30% |
| ROE | +27.50% |
| Debt / Equity | 1.69 |
| Current Ratio | 1.12 |
| Total Cash | $5.74B |
| Total Debt | $13.21B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $12.41B (35.3% of revenue) |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financial Health Score (MELI)
Nexqual rates MercadoLibre, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:22 UTC.
| Growth | Strong — Revenue +39% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 48%, operating 7% (last 12 months) |
| Balance Sheet | Weak — $5.73B cash and investments vs $10.6B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $12.4B (last 4 quarters to Jun 2026, SEC), 35% margin |
| Efficiency | Strong — ROE 28%, ROA 4.3% |
Ownership (MELI)
| Insider Ownership | +6.96% |
|---|---|
| Institutional Ownership | +80.08% |
| Shares Outstanding | 50.70M |
| Float | 50.59M |
| Short % of Float | +1.77% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From MercadoLibre, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Facilitating credit is a key service overlay that enables us to further strengthen the engagement and lock-in rate of our users, while also generating additional touchpoints and incentives to use Mercado Pago as an end-to-end financial solution.
- During this overhaul, we built a proprietary Platform as a Service ("PAAS") product used daily by our development team.
- For Employee Support, a proprietary GenAI conversational bot handles over 1.4 million annual inquiries, increasing the self-service rate from 70% to 93%.
- Consumers can access credit lines once we score and approve them through our proprietary models.
Partnerships
- In partnership with a third party, we also launched three investment fund options in Brazil, which enable our users to diversify their investment portfolio in an accessible way and with options for quick withdrawal.
Legal & Regulatory Risks (Item 1A, quoted)
- Privacy and Data Protection
- We could also be required to fundamentally change our business activities and practices, or modify our products and services, which could have an adverse effect on our business.
- Failure or perceived failure to comply with evolving privacy or AI obligations could result in regulatory enforcement, litigation, or loss of trust from users and partners.
- We may be subject to private claims, lawsuits, regulatory and government investigations, other proceedings and orders involving allegations that our actions may violate antitrust or competition laws, or otherwise constitute unfair competition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt