NASDAQ: MELI

MercadoLibre (MELI) Stock Analysis & Forecast

Nov 4 close

$1,739.88+77.72 (+4.7%)

Gekko Brief

AI summaryNov 4 close

MercadoLibre reported third quarter 2026 results, with revenue reaching $10.75 billion, up 45% year over year, topping estimates, while earnings per share missed Q3 estimates, compared with $8.32 per share a year ago. Currency-neutral growth slowed for a fourth straight quarter as spending on shipping, marketing, and credit weighed on operating margin. Coverage also pointed to continued engagement gains, including a 14% year-over-year increase in items per buyer, alongside the stock's 38% decline being discussed relative to other large-cap names.

MELI closed at $1739.88, up 4.7%, with the stock sitting between its 50-day average of $1824.86 and 200-day average of $1807.68. The one-month return stands at -6.4%, the three-month at -4.9%, and the one-year at -24.9%. The GekkoIndex reads 61.2, placing the stock in the Accumulation zone, though the five-day change in that reading is -9.3. Price sits 1.9% above Gekko Fair Value of $1707.37.

No confirmed earnings date is currently on the calendar following the just-reported quarter, which showed 3 beats across the last 8 quarters and an average absolute reaction of 7% on results days. Over the last 30 days, 7 unusual options signals were recorded, with call premium of $46,182,115 against put premium of $22,409,060. Seasonality over the next 20 trading days has averaged -7.5% across 5 years, positive in 1 of them. Analyst coverage from 12 firms shows 10 buy and 2 hold ratings, with a consensus target of $2271.93.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

MercadoLibre price vs fair value

$1,740$1,707Nov ’25May ’26Nov ’26
Close $1,739.88200-day averageGekko Fair Value $1,707.37

MercadoLibre quick facts

Market cap
$88.21B
P/E ratio
45.6
Forward P/E
29.5
EPS, TTM
$36.77
Revenue, TTM
$35.18B
Profit margin
5.3%
Dividend yield
—
Beta
1.39
Volume
768,591 avg 533,050
1-year return
−24.9%
Typical daily move
±3.9%
Typical 20-day move
±7.3%
50-day average
$1,824.86
200-day average
$1,807.68
Next earnings
—
Shares outstanding
50.70M
52-week range
$1,495.00$2,372.79

MercadoLibre swing-trade checklist

MercadoLibre scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $1739.88 sits between the 50-day ($1824.86) and 200-day ($1807.68) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    61.2, Accumulation

    Reading 61.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    1.9% above

    Price is within 5% of Gekko Fair Value (1.9% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 7 unusual options signals.

    See smart money
  • Earnings riskno data

    No data

    No confirmed report date on the calendar.

    See earnings
  • Seasonalityheadwind

    −7.5% on average

    From this point in the calendar, the next 20 trading days averaged −7.5% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

MercadoLibre stock chart and price history

MercadoLibre closed at $1,739.88 on Nov 4, 2026, −24.9% over the past year, inside a 52-week range of $1,495.00 to $2,372.79.

Close50-day average200-day averageVolume
MercadoLibre share price, past year, with 50-day and 200-day moving averages and volume$1600$1800$2000$2200DecJan 2026FebMarAprMayJunJulAugSepOct1739.88

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.4%
3 months
−4.9%
6 months
−5.5%
1 year
−24.9%
The full MELI chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MELI in Gekko

Follow MercadoLibre through every session

Put MELI on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About MercadoLibre

MercadoLibre operates a group of online platforms that let people and businesses buy and sell across Latin America. Its central offering is a marketplace site where companies, independent sellers, and everyday users can post items and carry transactions through to a finished sale. The company is most recognized for this shopping platform and the broader set of tools built around it, covering money movement, lending, shipping, and marketing.

On the financial side, Mercado Pago handles payments, letting users move money and settle purchases through phone and web apps, whether the transaction happens on MercadoLibre's own sites or elsewhere. A related service, Mercado Fondo, allows account holders to put idle Mercado Pago balances into investments, while Mercado Credito extends loans to approved sellers and buyers. Sellers can also arrange shipping and warehousing through Mercado Envios, market their goods through Mercado Libre Ads, or build a branded storefront using Mercado Shops. A separate classifieds arm covers listings for cars, homes, and services.

MercadoLibre traces back to 1999 and is based in Montevideo, Uruguay. Its stock trades on the NASDAQ under the ticker MELI.

Listed
NASDAQ
Sector
Retail trade
Industry
Internet retail
Website
mercadolibre.com

MercadoLibre GekkoIndex: the smart money zone

MercadoLibre’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 61.2, in the Accumulation zone, down 9.3 points over five sessions.

010061.2Accumulation

Down 9.3 points over five sessions, from the Buying zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying26+2.6%+5.9%+6.6%+9.0%
Accumulation (current zone)267+1.1%+2.1%+2.6%+5.1%
Neutral359−0.8%−1.4%−1.1%−0.9%
Distribution44+0.2%−0.4%−2.1%−2.6%
Selling1Too few readings yet

Average MELI share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the MELI price, zone by zone.Track MELI in Gekko

Is MercadoLibre stock overvalued? Gekko Fair Value

MercadoLibre trades 1.9% above Gekko Fair Value of $1,707.37, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what MercadoLibre shares are worth, recalculated every trading day.

$1,707.37

Gekko Fair Value, Nov 4, 2026

1.9% above fair value · About fair value

At the end of Aug 2026 the price was 33.9% above the estimate.

Gekko Fair ValueShare price, month end
$1,707$1,662Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MELI in Gekko

MercadoLibre insider and Congress trading

No open-market insider purchases were filed for MercadoLibre, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for MELI in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every MELI insider filing, plotted on the chart in Gekko.Open MELI in Gekko

Congress trades last 90 days

No trades in MELI were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for MELI, plotted on the chart in Gekko.Open MELI in Gekko

Buybacks

MercadoLibre has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$1.00M
As a share of market cap
0.00%

From company filings.

Unusual options activity last 30 days

7signals, 67% of the flagged premium in calls.

Latest: Bullish flow on Oct 30, $2.37M in unusual premium.

Hedge funds and billionaires quarter ended Sep 30

3of the funds Gekko tracks hold MELI.

2added0opened1trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

MercadoLibre earnings: next date and track record

MercadoLibre beat the EPS estimate in 3 of its last 8 reports, moving 7% on average across the report.

3 of 8reports beat the EPS estimate
±7%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−15.1%Nov ’24+8.9%Feb ’25+8.1%May ’25+1.4%Aug ’25+3.1%Oct ’25−5.2%Feb ’26−11.3%May ’26−3.1%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
MercadoLibre reported a strong Q2 2026: net revenue surpassed $10 billion (50% year-over-year). Income from operations was $683 million with a 6.7% margin, reflecting management's deliberate choice to prioritize investments in long-term engagement, growth and scale over near-term profitability. Management highlighted the success of lowering Brazil's free-shipping threshold (items per buyer +19% YoY, conversion +1.1pp, daily actives accelerating), the value of 'ecosystemic' users who use both Marketplace and Mercado Pago, and continued strong growth across credit (consumer credit and credit cards), advertising, and acquiring. Key operational developments include rapid ramp of credit card issuance (notably Brazil and Argentina), sustained low NPLs across most products, significant AI investments (~$80m incremental token cost year-over-year) with measurable productivity gains, and strong growth in cross-border trade (CBT GMV ~60% YoY; Chinese fulfillment center volume +170% QoQ). Management emphasized disciplined, metrics-driven reinvestment, and confidence in the long-term flywheel between commerce and fintech.
Risks flagged
Potential risks discussed include margin compression from logistics/energy costs and higher device (chip/memory) costs, one-off margin impact from device restocking in Mexico, tougher comps after Brazil free-shipping benefits, near-term headwinds in Mexico (tax reform, World Cup-related weaker consumption), possible deterioration in the credit cycle (though management reports current NPLs are low), and general macroeconomic uncertainty that could affect demand.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$9.19
est $8.69
+5.8%$10.20B
est $9.79B
+4.1%−3.1%
May 7, 2026$8.23
est $11.89
−30.8%$8.85B
est $8.29B
+6.7%−11.3%
Feb 24, 2026$11.03
est $11.85
−6.9%$8.76B
est $8.45B
+3.7%−5.2%
Oct 29, 2025$8.32
est $12.63
−34.1%$7.41B
est $7.22B
+2.7%+3.1%
Aug 4, 2025$10.31
est $12.38
−16.7%$6.79B
est $6.67B
+1.7%+1.4%
May 7, 2025$9.74
est $8.27
+17.8%$5.94B
est $5.49B
+8.2%+8.1%
Feb 20, 2025$12.61
est $8.05
+56.6%$6.06B
est $5.82B
+4.1%+8.9%
Nov 6, 2024$7.83
est $9.85
−20.5%$5.31B
est $5.28B
+0.7%−15.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

MercadoLibre stock forecast and analyst price targets

Analysts’ average 12-month price target for MercadoLibre is $2,271.93, +30.6% from the last close, from 12 firms rating the stock in the last 90 days.

$2,271.93consensus 12-month target, +30.6% from the last close
Low $1,750High $2,600
Buy10
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 12 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 2SusquehannaBuy, maintained$2,500+43.7%
Oct 27Morgan StanleyBuy, maintained$2,450+40.8%
Oct 26CitiBuy, upgraded$2,050+17.8%
Oct 18JefferiesBuy, reiterated$2,600+49.4%
Oct 14CitiHold, maintained$2,100+20.7%
+2.6%average 20-day move after past Accumulation readings
−7.5%average move over the next 20 trading days in the last 5 years
±3.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

MercadoLibre seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, MercadoLibre averaged −7.5% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−32.4%2021−6.0%2022+15.3%2023−6.5%2024−8.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.9%2 of 5
Next 10 trading days−3.6%2 of 5
Next 15 trading days−3.0%2 of 5
Next 20 trading days−7.5%1 of 5
Next 30 trading days−8.4%1 of 5

For scale, MELI’s typical 20-trading-day move in either direction is about 7.3%.

MercadoLibre market cap and key statistics

MercadoLibre’s market cap is $88.21B, with a P/E ratio of 45.6 and revenue of $35.18B over the last twelve months.

Valuation

Market cap
$88.21B
P/E ratio
45.6
Forward P/E
29.5
EPS, TTM
$36.77
Gekko Fair Value
$1,707.37

Trading

Volume
768,591
Avg volume, 20 days
533,050
52-week high
$2,372.79
52-week low
$1,495.00
Shares outstanding
50.70M

Financials

Revenue, TTM
$35.18B
Profit margin
5.3%
Return on equity
27.5%
Quarterly earnings growth, YoY
−10.9%

Risk and income

Beta
1.39
Typical daily move
±3.9%
Typical 20-day move
±7.3%

MercadoLibre peers

MercadoLibre’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AMZNAmazon.com+0.5%Neutral8.4% above
EBAYeBay+3.6%Neutral21.7% above
CPNGCoupang+10.6%Distribution6.0% below
CHWYChewy+1.8%Neutral0.5% above
ETSYEtsy+3.4%Neutral20.7% above
GLBEGlobal-E Online+5.4%Neutral16.2% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Internet retail

MercadoLibre stock FAQ

What is MercadoLibre’s market cap?

MercadoLibre’s market cap is $88.21B at the Nov 4, 2026 close of $1,739.88, with 50.70M shares outstanding. The shares trade on a P/E ratio of 45.6.

What is the MercadoLibre stock forecast?

The consensus analyst 12-month price target for MercadoLibre is $2,271.93, +30.6% from the last close. Of the 12 firms that rated the stock in the last 90 days, 10 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is MercadoLibre stock overvalued or undervalued?

On Gekko’s estimate MercadoLibre is about fair value: the Nov 4, 2026 close of $1,739.88 is 1.9% above Gekko Fair Value of $1,707.37. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

What is MercadoLibre’s 52-week high and low?

MercadoLibre’s 52-week high is $2,372.79 and its 52-week low is $1,495.00; it closed at $1,739.88 on Nov 4, 2026, −24.9% over the past year. Over the last five years the shares peaked at $2,645.22 on Jul 1, 2025.

Is MercadoLibre stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and smart money), 2 as mixed (trend and fair value) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in MercadoLibre?

Gekko flagged 7 unusual options signals in MercadoLibre over the last 30 days, with $46.18M of flagged premium in calls and $22.41M in puts. The latest, bullish flow, was on Oct 30, 2026 with $2.37M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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