Stock of the Day for October 6, 2024

MercadoLibre Stock Report

MercadoLibre
MELI 90-day performance NASDAQ:MELI MercadoLibre
Current Price
$2,291.39
+9.07 (+0.40%)
(As of 02:43 PM ET)
30 Day Performance
-7.17%
  
  
90 Day Performance
-3.78%
  
  
1 Year Performance
11.44%
  
 
Market Capitalization
$116.17B
P/E Ratio
56.45
Price Target
$2,799.12

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

AUG. 4, 2025
Last Earnings
OCT. 28, 2025
Today
OCT. 29, 2025
Next Earnings (Estimated)
DEC. 31, 2025
Fiscal Year End

Recent MercadoLibre News

A Glimpse of MercadoLibre's Earnings Potential
MercadoLibre (MELI) Reports Earnings Tomorrow: What To Expect
GGM Financials LLC Makes New Investment in MercadoLibre, Inc. $MELI
Wincap Financial LLC Sells 172 Shares of MercadoLibre, Inc. $MELI
AustralianSuper Pty Ltd Purchases 4,468 Shares of MercadoLibre, Inc. $MELI
This report was written by MarketBeat.com on October 28, 2025. This report first appeared on MarketBeat.com.