NASDAQ: MELI

MercadoLibre (MELI) Stock Analysis & Forecast

MercadoLibre, Inc. Retail trade sector, internet retail industry. Market cap $90.62B.

$1,787.39−37.82 (−2.1%)

Close on Sep 18, 2026. Page updated Sep 19, 9:18 pm ET.

Gekko Brief

AI summary

MercadoLibre trades at $1787.39, down 2.1%, sitting between its 50-day average of $1877.47 and 200-day average of $1853.00. The GekkoIndex reads 70.2, placing the stock in the Buying zone, while price sits 2.7% above Gekko Fair Value of $1740.06. Over the past month the stock is down 6.4%, though it remains up 9.3% over three months and 7.2% over six months, with the 52-week range spanning $1495.00 to $2548.50.

This week's coverage centers on valuation and institutional positioning. One piece notes MercadoLibre trading at a 35.63X P/E as margins weaken and earnings estimates fall, even as commerce and fintech momentum continues; another flags analysts anticipating a 13.22% EPS increase and a 43.61% revenue rise for the upcoming release. Institutional activity was notable: Bank of America Corp DE acquired 171,526 shares valued at approximately $291.1 million, National Pension Service grew its stake by 6.7% to 116,125 shares worth $197.1 million, and Manufacturers Life Insurance trimmed its position by 4.4% to 18,170 shares valued at $30.84 million. Institutional investors collectively hold 87.62% of MercadoLibre. Separate coverage discussed AI investments boosting developer output and search conversion, alongside comparisons to peers Chewy and Alibaba.

Looking ahead, the next earnings report is scheduled for 4 November 2026 after close, 45 days out and outside a typical 20-trading-day hold; the last report on 5 August showed EPS of $9.19 against a $8.69 estimate, followed by a -3.1% reaction. Options activity shows 6 unusual signals over the last 30 days, with call premium of $36,167,622 against put premium of $10,545,705. Seasonality over five years shows the next 20 trading days averaging -9.8%, positive in 0 of those years, worth noting alongside the current earnings-risk window.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $1,787.39200-day averageGekko Fair Value $1,740.06

Key stats

Market cap
$90.62B
P/E ratio
50
Forward P/E
29.8
EPS, TTM
$36.50
Revenue, TTM
$35.18B
Profit margin
5.3%
Dividend yield
Beta
1.31
Volume
1.10M avg 482,071
1-year return
−26.9%
Typical daily move
±3.4%
Typical 20-day move
±7.3%
50-day average
$1,877.47
200-day average
$1,853.00
Next earnings
Nov 4 after close
Shares outstanding
50.70M
52-week range
$1,495.00$2,548.50

MercadoLibre swing-trade checklist

MercadoLibre scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

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

3 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $1787.39 sits between the 50-day ($1877.47) and 200-day ($1853.00) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    70.2, Buying

    Reading 70.2 is in the Buying zone.

    See the GekkoIndex
  • Fair valuemixed

    2.7% above

    Price is within 5% of Gekko Fair Value (2.7% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 6 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 45 days

    Next report Nov 4, 2026, 45 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −9.8% on average

    From this point in the calendar, the next 20 trading days averaged −9.8% over 5 years, rising in 0 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 $1,787.39 on Sep 18, 2026, −26.9% over the past year, inside a 52-week range of $1,495.00 to $2,548.50.

Close50-day average200-day averageVolume

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

Performance Breakdown

1 month
−6.4%
3 months
+9.3%
6 months
+7.2%
1 year
−26.9%
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.

Track MELI in GekkoFree for 7 days. No credit card required.

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 70.2, in the Buying zone, up 11.3 points over five sessions.

010070.2Buying

Up 11.3 points over five sessions, from the Neutral zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)22+2.5%+6.0%+7.6%+9.0%
Accumulation257+1.1%+2.1%+2.7%+5.2%
Neutral338−0.6%−1.1%−0.8%−0.7%
Distribution44+0.2%−0.4%−2.1%−2.5%
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, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. 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 2.7% above Gekko Fair Value of $1,740.06, 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.

$1,740.06

Gekko Fair Value, Sep 19, 2026

2.7% above fair value · About fair value

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

6signals, 77% of the flagged premium in calls.

Latest: Bullish flow on Sep 19, $5.91M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

6of the funds Gekko tracks hold MELI.

3added0opened3trimmed1sold 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 reports on Nov 4, 2026, after the close (45 days away), and beat the EPS estimate in 3 of its last 8 reports.

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 $2,264.88, +26.7% from the last close, from 10 firms rating the stock in the last 90 days.

$2,264.88consensus 12-month target, +26.7% from the last close
Low $1,750High $2,450
Buy7
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 10 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14Goldman SachsBuy, maintained$2,300+28.7%
Sep 2BTIGBuy, maintained$2,150+20.3%
Aug 11J.P. MorganHold, maintained$2,150+20.3%
Aug 11Goldman SachsBuy, reiterated$2,300+28.7%
Aug 10Morgan StanleyBuy, maintained$2,450+37.1%
+7.6%average 20-day move after past Buying readings
−9.8%average move over the next 20 trading days in the last 5 years
±3.4%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 Sep 19, MercadoLibre averaged −9.8% across the last 5 years, rising in 0 of them.

Next 20 trading days, by year

−12.5%2021−8.8%2022−7.6%2023−2.1%2024−17.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−4.1%2 of 5
Next 10 trading days−8.8%0 of 5
Next 15 trading days−9.6%0 of 5
Next 20 trading days−9.8%0 of 5
Next 30 trading days−7.6%0 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 $90.62B, with a P/E ratio of 50 and revenue of $35.18B over the last twelve months.

Valuation

Market cap
$90.62B
P/E ratio
50
Forward P/E
29.8
EPS, TTM
$36.50
Gekko Fair Value
$1,740.06

Trading

Volume
1.10M
Avg volume, 20 days
482,071
52-week high
$2,548.50
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
1.31
Typical daily move
±3.4%
Typical 20-day move
±7.3%

MercadoLibre stock news this week

Coverage of MercadoLibre this week reads positive: 3 positive, 0 neutral and 1 negative headlines.

News sentiment positive

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+0.3%Accumulation2.5% above
EBAYeBay+0.3%Neutral15.0% above
CPNGCoupang−0.6%Buying24.6% below
CHWYChewy−1.2%Accumulation11.5% below
ETSYEtsy−0.2%Accumulation4.9% below
GLBEGlobal-E Online+0.1%Accumulation12.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

MercadoLibre stock FAQ

What is MercadoLibre’s market cap?

MercadoLibre’s market cap is $90.62B at the Sep 18, 2026 close of $1,787.39, with 50.70M shares outstanding. The shares trade on a P/E ratio of 50.

What is the MercadoLibre stock forecast?

The consensus analyst 12-month price target for MercadoLibre is $2,264.88, +26.7% from the last close. Of the 10 firms that rated the stock in the last 90 days, 7 rate it a buy, 3 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 Sep 18, 2026 close of $1,787.39 is 2.7% above Gekko Fair Value of $1,740.06. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does MercadoLibre report earnings next?

MercadoLibre is expected to report on Nov 4, 2026, after the market closes (45 days away). Analysts expect earnings of $9.42 per share on revenue of $10.57B. MercadoLibre beat the earnings estimate in 3 of its last 8 reports, moving 7% on average across the report.

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

MercadoLibre’s 52-week high is $2,548.50 and its 52-week low is $1,495.00; it closed at $1,787.39 on Sep 18, 2026, −26.9% over the past year.

Is MercadoLibre stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, smart money and earnings risk), 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 6 unusual options signals in MercadoLibre over the last 30 days, with $36.17M of flagged premium in calls and $10.55M in puts. The latest, bullish flow, was on Sep 19, 2026 with $5.91M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every 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 →

See MercadoLibre the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,349 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.