Cantor Fitzgerald cuts target for MercadoLibre stock to USD 2,200
Published on 10/13/2026 at 12:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Cantor Fitzgerald lowered its MercadoLibre price target from USD 2,300 to USD 2,200 on October 12, 2026.
- Second-quarter 2026 revenue reached USD 10.17 billion, up 49.80 percent year over year.
- MercadoLibre stock was trading at EUR 1,695.90 at Lang & Schwarz on October 13, 2026 at 12:07 p.m. CEST.
- MercadoLibre is scheduled to report third-quarter 2026 results on November 4, 2026.
MercadoLibre (ISIN US58733R1023) received a lower Cantor Fitzgerald price target of USD 2,200 from USD 2,300 on October 12, 2026, while the brokerage retained its Overweight rating, according to Markets Insider. MercadoLibre stock was trading at EUR 1,695.90 at Lang & Schwarz on October 13, 2026 at 12:07 p.m. CEST.
Target cut keeps margins central
The Cantor note points to expected third-quarter ex-FX gross merchandise volume growth above 30.00 percent and total payment volume growth above 40.00 percent. It also expects EBIT margin below 7.00 percent because of growth investment and higher fuel costs, according to Markets Insider.
The target change contrasts with Jefferies' maintained Buy rating and USD 2,600 target from October 5, 2026. Investing.com said the firm viewed MercadoLibre's drug-retail expansion as a potential contributor to gross merchandise volume.
What does the next quarter require?
MercadoLibre's second-quarter 2026 revenue reached USD 10.17 billion, up 49.80 percent year over year, while earnings per share came to USD 9.19 versus consensus of USD 8.65, according to MarketBeat. That combination puts operating leverage and reinvestment at the center of the next results discussion.
Three events frame the repricing
On August 6, 2026, MercadoLibre reported second-quarter earnings per share of USD 9.19 and revenue of USD 10.17 billion, according to MarketBeat. On October 5, 2026, Jefferies maintained a Buy rating and a USD 2,600 target, according to Investing.com. On October 12, 2026, Cantor Fitzgerald cut its target to USD 2,200 from USD 2,300, according to Markets Insider.
Next dates carry the key test
The next scheduled conference call is October 28, 2026 at 5:00 p.m. ET, followed by the estimated third-quarter 2026 earnings announcement on November 4, 2026, according to MarketBeat. The source lists consensus earnings per share of USD 9.21 and revenue of USD 10.63 billion for that quarter.
Stock trades at EUR 1,695.90
MercadoLibre operates an online marketplace and Mercado Pago financial-services platform across Latin America. Its primary listing is Nasdaq under ticker MELI, and it is included in the Nasdaq 100, as identified by finanzen.at. The company had a market capitalization of USD 95.9 billion as of October 12, 2026, while its latest Lang & Schwarz price was EUR 1,695.90 on October 13, 2026 at 12:07 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of MercadoLibre stock.
MercadoLibre stock facts
- Company: MercadoLibre, Inc.
- ISIN: US58733R1023
- Ticker: MELI
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 13, 2026 at 12:07 p.m. CEST: EUR 1,695.90
- Market capitalization: USD 95.9 billion as of October 12, 2026
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Index membership: Nasdaq 100
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
