MercadoLibre (MELI) Set to Post Earnings on Wednesday

MercadoLibre (NASDAQ:MELI) will likely be releasing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect MercadoLibre to post earnings of $9.28 per share and revenue of $10.69 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 4:00 PM ET.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings data on Thursday, August 6th. The company reported $9.19 EPS for the quarter, beating analysts’ consensus estimates of $8.65 by $0.54. The company had revenue of $10.17 billion for the quarter, compared to analyst estimates of $9.79 billion. The firm’s quarterly revenue was up 49.8% on a year-over-year basis. During the same period in the prior year, the company posted $10.31 EPS. On average, analysts expect MercadoLibre to post $38.09 EPS for the current fiscal year and $55.19 EPS for the next fiscal year.

MercadoLibre Stock Performance

Shares of MELI opened at $1,680.51 on Wednesday. The company has a 50-day simple moving average of $1,853.69 and a 200-day simple moving average of $1,823.64. MercadoLibre has a 52 week low of $1,495.00 and a 52 week high of $2,428.00. The firm has a market capitalization of $85.20 billion, a P/E ratio of 45.70 and a beta of 1.31.

Analyst Ratings Changes

Several brokerages recently issued reports on MELI. Cantor Fitzgerald lowered their price target on MercadoLibre from $2,300.00 to $2,200.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of MercadoLibre in a research report on Tuesday, September 29th. New Street Research began coverage on MercadoLibre in a report on Wednesday, September 23rd. They set a “buy” rating and a $2,450.00 price objective on the stock. Citigroup raised shares of MercadoLibre from a “neutral” rating to a “buy” rating and lowered their price target for the company from $2,100.00 to $2,050.00 in a report on Tuesday. Finally, Zacks Research upgraded MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,248.75.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MercadoLibre from Neutral to Buy and set a $2,050 price target, despite trimming its previous $2,100 target. The upgrade suggests the recent election-driven weakness has created a more attractive risk/reward profile. Citigroup upgrades MercadoLibre stock to Buy
• Positive Sentiment: BTIG maintained its $2,150 price target, while other analysts argued that investors should buy the dip caused by the election reaction. These targets imply meaningful upside if operating execution remains strong. BTIG keeps its target for MercadoLibre Analysts say buy the dip
• Positive Sentiment: MercadoLibre’s underlying growth remains robust: quarterly revenue increased approximately 50% year over year, supported by e-commerce demand, buyer engagement, logistics improvements and fintech expansion. Nearly half of revenue comes from outside Brazil, reducing the company’s exposure to domestic political risk. MercadoLibre: Brazil Panicked, I’m Buying
• Neutral Sentiment: Analysts see a potential 50% rebound, but the recovery depends on MercadoLibre converting rapid revenue growth into stronger margins. Its premium valuation leaves the stock sensitive to changes in growth expectations. Two Wall Street pros see gains ahead
• Negative Sentiment: President Luiz Inácio Lula da Silva’s election victory triggered a broad sell-off in Brazilian assets as investors reassessed expectations for fiscal policy, taxes, regulation and borrowing costs. MercadoLibre was pulled lower alongside Brazil-focused financial and technology stocks. Brazilian stocks tumble after Lula win
• Negative Sentiment: Operating margin declined to 6.7% as MercadoLibre continued reinvesting for growth. Investors also remain concerned about possible fintech taxation, higher funding costs and credit quality as the company expands its lending portfolio. Can MercadoLibre keep expanding marketplace leadership?

MercadoLibre Company Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre’s financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.