Mercado Libre (MELI)
Consumer Discretionary · E-commerce and Fintech Platforms · NASDAQ
MercadoLibre is the dominant e-commerce and fintech powerhouse of Latin America, orchestrating an integrated ecosystem of digital marketplaces, logistics, and financial services.
What Mercado Libre does
MercadoLibre is the leading online commerce and fintech ecosystem in Latin America. The company operates a comprehensive platform that includes an online marketplace, a digital payment service (Mercado Pago), a logistics network (Mercado Envios), an advertising solution (Mercado Ads), and digital storefront services. It serves millions of users across 18 countries in Latin America with integrated solutions for e-commerce, digital payments, and logistics.
Themes: e-commerce, fintech / digital payments, logistics and supply chain infrastructure, digital advertising, Latin American emerging markets, consumer credit
Fundamentals
- Price$1,856.66 as of 2026-10-08 close
- Market cap$94.1B as of 2026-08-05 (share count; price 2026-10-08)
- 1-year return-14.8% 2025-10-08 close $2,179.89 → 2026-10-08 close $1,856.66
- P/E50.52 as of 2026-10-08
- Net margin+9.8% FY2025, SEC XBRL
- Gross margin+63.2% FY2025, SEC XBRL
- ROE+29.6% FY2025, SEC XBRL
- Debt / equity1.36 as of 2026-09-03
- Revenue growth (YoY)+46.0% as of 2026-09-03
- Revenue CAGR (3y)+39.8% SEC XBRL
- Beta0.88 as of 2026-09-03
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: 3-year non-decreasing per-share dividend streak (SEC XBRL).
How MELI compares in its sector
- price-to-earnings ratiotop 10% 258 covered Consumer Discretionary peers, as of 2026-10-08
- net profit margintop 25% 314 covered Consumer Discretionary peers, as of 2026-09-03
- operating margintop 25% 281 covered Consumer Discretionary peers, as of 2026-09-03
- gross margintop 10% 191 covered Consumer Discretionary peers, as of 2026-09-03
- return on equitytop 25% 293 covered Consumer Discretionary peers, as of 2026-09-03
- 3-year revenue CAGRtop 10% 326 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)top 10% 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which MELI reported a dividend payment is FY2018, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2018 ratio would not describe MELI today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2018) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How Mercado Libre looks technically
Mercado Libre (MELI) is trading 0.9% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 22 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day low about 6 trading days ago. It is 23.5% below its highest point of the past year. Trading volume is unusually light — only about 46% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 0.9% above its 200-day average, the long-term trend line — a longer-term uptrend | +0.9% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $1862.28 | $1862.28 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $1840.81 | $1840.81 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 22 trading days ago — a "golden cross", a bullish long-term signal | 22 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 0.9% above | +0.9% |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 21.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30) | 54.2 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($1668.44 to $1884.43) — its "stochastic" reading is 87 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 87.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $2428.00 | $2428.00 |
|---|---|---|
| From the 52-week high | it is 23.5% below its 52-week high (its highest price of the past year) | -23.5% |
| Above the 52-week low | it is 24.2% above its 52-week low (its lowest price of the past year) | +24.2% |
| Below the 52-week high | it is 23.5% below its highest point of the past year | 23.5% |
| Since a 20-day breakout | it made a new 20-day low about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day low about 6 trading days ago | 6 sessions |
| All-time high | its highest closing price on record is $2645.22 (set on 2025-07-01) | $2645.22 |
| Given back of the 52-week move | over the past year its closes ranged ($1546.81 to $2360.76), and it has recovered roughly a third of its fall from last year’s high — 38% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $2049.83 to $2075.88. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 38.1% |
| From the all-time high | it is 29.8% below its all-time high | -29.8% |
| Nearest price level | it is trading 2.4% below a resistance level at $1900.75 — a price it turned at 7 times since 2025-03-07, most recently on 2026-07-15. Since 2024-10-08 it has 3 such levels below the current price and 11 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +2.4% |
| All-time low | its lowest closing price on record is $7.91 (set on 2008-11-21) | $7.91 |
| Above the all-time low | it is 23372.3% above its all-time low | +23,372% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 56th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $59.66 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $59.66 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1670.20 and $1932.55 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1670.20 – $1801.37 – $1932.55 |
| Typical daily range (% of price) | its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.2% |
| Stretch from the 200-day average | it is trading 0.3 daily ranges above its 200-day average price (0.9% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 46% of its 30-day average | 0.46× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.1% since the prior reading | -0.1% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has improved toward "buy" since the prior reading | 0.06 toward buy |
Candlestick patterns
3
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|---|---|
| Since a hammer | 9 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 9 sessions ago |
| Since a bullish engulfing | 1 session ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 1 session ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.3% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -0.3% |
|---|---|---|
| Open gap | it gapped 4.6% above the previous close 3 sessions ago and has not traded back through the level it left behind at 1696.56 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +4.6% |
| Gap filled | a 5.3% gap down opened on 2026-08-06 has been "filled" 41 sessions ago — price traded back through the level the gap left behind, and it took 3 sessions to close | 41 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 4.7 percentage points (the stock lost 3.6% while the market gained 1.0%) | -4.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 1.2 percentage points (the stock gained 2.6% while the market gained 3.8%) | -1.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 8.9 percentage points (the stock gained 8.6% while the market gained 17.5%) | -8.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 29.8 percentage points (the stock lost 14.8% while the market gained 15.0%) | -29.8% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 6.9% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 2% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $1819.29 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +2.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $1846.65 — a volume-weighted average of daily closes over 46 sessions, not a true tick-by-tick VWAP. | +0.5% |
Rising wedge, bearish — broke down · entry $1,874.37 · 87 sessions in
Price levels it has turned at before
MELI last closed at $1856.66 on 2026-10-08. Since 2024-10-08 it has turned at 3 prices below its last close and 11 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $1900.75 | Resistance | 2.4% above the last close | turned there 7 times · 2025-03-07 to 2026-07-15 |
| $1770.96 | Support | 4.6% below the last close | turned there four times · 2025-01-27 to 2026-08-18 |
| $1959.09 | Resistance | 5.5% above the last close | turned there three times · 2024-10-30 to 2026-08-11 |
| $1731.52 | Support | 6.7% below the last close | turned there five times · 2024-11-07 to 2026-06-16 |
| $2019.76 | Resistance | 8.8% above the last close | turned there three times · 2025-10-17 to 2026-08-25 |
| $1650.02 | Support | 11.1% below the last close | turned there four times · 2024-12-20 to 2026-10-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Near 200-day moving-average support · Trading above the 200-day moving average · Recent golden cross (50-day crossed above 200-day) · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · lagging the market | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.50 mean, 1=Strong Buy…5=Strong Sell) — 26 analysts
- Mean price target$2,269.94 range $1,750.00 – $2,800.00; median $2,275.00
Analyst estimates, as of 2026-10-03. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for MELI
- Consensus EPS estimate$9.67 next reporting period, as of 2026-10-03
- Estimate change, 30 days$0.00 (0.0%) from $9.67, on 2026-08-29, 35-day window
- Readings revised upward14% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant foreign currency exchange rate fluctuations in Latin American markets","High levels of competition in e-commerce and fintech sectors within the region","Credit risks associated with lending activities and high provision for doubtful accounts"]
What changed in the latest 10-Q
AI-assisted comparison of MELI's 10-Q filed 2026-05-08 against the prior one filed 2025-10-30.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-08) includes mention of 'AI licenses' in liquidity and capital resources section
- Newer filing adds specific dollar amounts for segment cost changes in three-month periods: Brazil $1,093M, Mexico $404M, Argentina $222M for cost of net revenues
- Newer filing includes cash flow table showing operating, investing, and financing activities for Q1 2026 vs Q1 2025
- Newer filing includes detailed net cash provided by operating activities analysis with specific line items and dollar changes
- Newer filing reports 91.4% and 82.5% percentages for non-U.S. subsidiary cash positions as of March 31, 2026
- Newer filing specifies $17,184 million in non-U.S. subsidiary cash and equivalents as of March 31, 2026
- Newer filing includes partial text on net cash used in investing activities analysis
- Removed:
- Older filing (2025-10-30) includes nine-month period comparisons for Brazil, Mexico, and Argentina; newer filing reports only three-month periods
- Older filing includes separate Q3 2025 segment cost analysis for each region; newer filing does not
- Older filing references Note 12 and Note 13 for loans payable and securitization; newer filing references Note 10 and Note 11
- Older filing references Note 10 for commitments; newer filing references Note 8
- Older filing specifies $4,078 million cash and $2,219 million restricted investments as of September 30, 2025; newer filing reports $5,214 million cash and $436 million restricted investments as of March 31, 2026
- Older filing mentions 'chargebacks' as a driver of Argentina sales and marketing expenses; newer filing for Argentina does not mention chargebacks
- Older filing includes general and administrative expenses increase for Argentina; newer filing does not include this category
- Reworded:
- Liquidity section now specifies 'software applications including AI licenses' versus older 'software applications' only
- Funding sources description differs: newer filing uses more concise listing, older filing provides regional breakdown of funding methods (Brazil, Argentina, Mexico, Chile, Uruguay separately)
- Older filing describes funding 'mainly by selling credit card receivables and through credit lines' while newer filing describes 'mainly through the sale of credit card receivables, the securitization of credit card receivables and loans receivable through SPEs, the sale of loans receivable to financial institutions'
- Brazil segment: cost increase driver ordering differs slightly between filings in listing 'other fintech costs' position
- Argentina segment: 'other fintech costs' description changed from 'mostly related to higher funding cost due to the growth of our lending business' position in text
- Notes:
- The two filings cover different reporting periods (Q1 2026 vs nine-month 2025 and Q3 2025), making direct content comparison challenging
- Text appears truncated in investing activities section of newer filing, limiting full comparison
- Segment cost dollar amounts are not directly comparable due to different period lengths (three months vs nine months and three months)
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 180 days · read to 2026-10-043 buys ($1M) · 0 sells — 2 buying insiders
Most recent open-market transaction: 2026-06-11. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about MELI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
U.S. House trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 17 matched disclosures for MELI from U.S. House Clerk Periodic Transaction Report filings.
U.S. House trading disclosures →Institutional ownership (13F)
8 institutional 13F filers reported holding MELI as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 8
- Reported shares held 4,266,072
- Reported value $7,241,188,256
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 5 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about MELI's institutional holders → See what each manager we track holds →
Short interest (FINRA)
MELI had 825,938 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
MELI had 1.63% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.01 days to cover at the same settlement.
- Reported short interest (shares) 825,938
- Short interest (% of shares outstanding) 1.63%
- Prior settlement (shares) 826,417
- Reported change -0.06%
- Days to cover (reported) 2.01
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Amazon (AMZN)
- Sea Ltd (SE)
- PayPal (PYPL)
- Nu Holdings (NU)
- PagSeguro (PAGS)
- Magazine Luiza (MGLU3.SA)
- Americanas (AMER3.SA)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare MELI vs…
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Frequently asked questions
What does Mercado Libre (MELI) do?
MercadoLibre is the leading online commerce and fintech ecosystem in Latin America. The company operates a comprehensive platform that includes an online marketplace, a digital payment service (Mercado Pago), a logistics network (Mercado Envios), an advertising solution (Mercado Ads), and digital storefront services. It serves millions of users across 18 countries in Latin America with integrated solutions for e-commerce, digital payments, and logistics.
What sector is Mercado Libre (MELI) in?
Mercado Libre (MELI) is classified in the Consumer Discretionary sector. Its industry is E-commerce and Fintech Platforms. It trades on NASDAQ.
Who are Mercado Libre's (MELI) competitors?
Notable peers of Mercado Libre (MELI) include Amazon, Sea Ltd, PayPal, Nu Holdings and PagSeguro. This peer set is informational only — not financial advice.
Has there been recent U.S. House stock trading in MELI?
Yes — we hold 17 matched STOCK Act disclosures for MELI from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Mercado Libre (MELI) overbought or oversold right now?
Mercado Libre (MELI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 54, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on MELI come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.