Stock of the Day for October 6, 2024

MercadoLibre Stock Report

MercadoLibre
MELI 90-day performance NASDAQ:MELI MercadoLibre
Current Price
$1,766.10
+24.01 (+1.38%)
(As of 03/11/2026 04:00 PM ET)
30 Day Performance
-12.80%
  
  
90 Day Performance
-12.39%
  
  
1 Year Performance
-11.91%
  
  
Market Capitalization
$89.54B
P/E Ratio
44.82
Price Target
$2,762.00

About MercadoLibre

MercadoLibre, Inc. operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services. Mercado Pago is the company’s fintech arm, providing payment processing, a digital wallet, point-of-sale solutions and consumer and merchant credit products. Mercado Envíos handles fulfillment and logistics integration to streamline shipping for marketplace transactions. The company also offers merchant-focused products such as Mercado Shops for online store creation, advertising solutions to help sellers reach customers, and Mercado Crédito for lending to consumers and small businesses.

Founded in 1999 by Marcos Galperin, MercadoLibre built one of the largest e-commerce networks in Latin America and raised public capital with a Nasdaq listing (ticker: MELI). The business has a broad geographic footprint across the region, with particularly large operations in markets including Brazil, Mexico, Argentina, Colombia and Chile, among others. MercadoLibre’s combination of marketplace, payments, logistics and credit services positions it as a vertically integrated platform aimed at facilitating digital commerce in fast-growing Latin American economies.

MELI Company Calendar

FEB. 24, 2026
Last Earnings
MAR. 12, 2026
Today
MAY. 6, 2026
Next Earnings (Estimated)
DEC. 31, 2026
Fiscal Year End

Recent MercadoLibre News

Atika Capital Management LLC Decreases Position in MercadoLibre, Inc. $MELI
MercadoLibre to invest $3.4 billion in Argentina this year
MercadoLibre, Inc. $MELI Shares Sold by Sands Capital Management LLC
MercadoLibre, Inc. $MELI Holdings Raised by Franklin Resources Inc.
MercadoLibre, Inc. $MELI Shares Purchased by Legal & General Group Plc
Capital Fund Management S.A. Sells 595 Shares of MercadoLibre, Inc. $MELI
DE Burlo Group Inc. Raises Holdings in MercadoLibre, Inc. $MELI
Morgan Stanley Lowers MercadoLibre (NASDAQ:MELI) Price Target to $2,600.00
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This report was written by MarketBeat.com on March 12, 2026. This report first appeared on MarketBeat.com.