Citigroup cut target for MercadoLibre stock to USD 2,100.00
Published on 10/26/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMargin tradeoff and analyst revisions
- Citigroup cut its target to USD 2,100 on October 13, 2026.
- Second-quarter revenue rose 49.80 percent to USD 10.17 billion.
- MercadoLibre stock trades at EUR 1,484.20 at 11:16 a.m. CEST at Lang & Schwarz on October 26, 2026.
- MercadoLibre reports third-quarter results on November 4, 2026.
MercadoLibre (ISIN US58733R1023) was trading at EUR 1,484.20 at Lang & Schwarz on October 26, 2026 at 11:16 a.m. CEST. The latest analyst move was a target cut from USD 2,150.00 to USD 2,100.00 by Citigroup on October 13, 2026, according to MarketBeat.
Growth still outpaces profit
MercadoLibre generated USD 10.17 billion in revenue and financial income in the second quarter of 2026, up 49.80 percent year over year. Operating income fell 17.00 percent to USD 683.00 million, while the operating margin was 6.70 percent, according to Yahoo Finance.
The tradeoff is visible in net income of USD 466.00 million, down 11.00 percent from the second quarter of 2025. Adjusted free cash flow reached USD 214.00 million in the second quarter of 2026, while the credit portfolio expanded 75.00 percent year over year, according to the Yahoo Finance transcript.
Three dates shaped the view
On August 6, 2026, MercadoLibre reported adjusted earnings per share of USD 9.19 against a USD 8.65 consensus estimate, a USD 0.54 beat, according to Zacks. On October 6, 2026, Susquehanna raised its target to USD 2,400.00, while on October 13, 2026, Citigroup cut its target to USD 2,100.00, according to MarketBeat.
What does the margin tradeoff mean?
The second-quarter figures show why the next report matters: revenue grew 49.80 percent, but the 6.70 percent operating margin reflected continued investment in shipping, commerce and credit. For investors, the central test is whether this spending converts the 75.00 percent credit-book growth and expanding user engagement into stronger earnings.
Next reporting date
MercadoLibre is scheduled to report third-quarter 2026 results on November 4, 2026, according to Zacks.
Stock price and investor focus
The stock price places immediate attention on the balance between scale and profitability. MercadoLibre stock was trading at EUR 1,484.20 at Lang & Schwarz on October 26, 2026 at 11:16 a.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 26, 2026, 11:16 a.m. CEST): EUR 1,484.20
- Sector / Industry: Consumer Cyclical / Specialty Retail
Market context: Market report S&P 500.
