MercadoLibre expands Brazil delivery. MercadoLibre stock gains 7.15 percent
Published on 10/05/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMercadoLibre (ISIN US58733R1023) was trading at EUR 1,614.60 at Lang & Schwarz on October 5, 2026 at 1:30 p.m. CEST, up 7.15 percent versus the prior close of EUR 1,506.90. On September 24, 2026, Reuters reported that MercadoLibre launched one-hour product deliveries in Sao Paulo and planned to expand its pharmacy business in Brazil.
Brazil rollout adds operating reach
MercadoLibre is adding third-party pharmacies to its platform in Brazil, beginning with three chains in Sao Paulo. The company expects to have 20 third-party physical drugstore locations on its platform by the end of 2026, while the one-hour service is set to include medications, food and other products.
The rollout broadens the role of MercadoLibre's logistics network beyond standard parcel delivery. It also links the marketplace with healthcare and daily-use purchases, giving the company additional opportunities to increase order frequency without relying only on larger retail baskets.
Second-quarter growth remains measurable
MercadoLibre reported USD 10.17 billion in revenue for the second quarter of 2026, up 49.80 percent from the same quarter a year earlier. MarketBeat reported that quarterly earnings per share reached USD 9.19, above the USD 8.65 consensus estimate, while net income was USD 466.00 million.
The figures show the contrast investors are weighing: revenue growth remains rapid, but the business is expanding logistics and credit services at the same time. That combination makes execution in Brazil important because delivery speed and product breadth can support commerce growth while increasing operating demands.
Analysts keep a positive consensus
MarketBeat lists 12 Buy ratings and 6 Hold ratings among 18 analysts, producing a Moderate Buy consensus. The average 12-month target is USD 2,283.13, while the highest target is USD 2,900.00 and the lowest is USD 1,750.00.
Those targets are stated in US dollars and therefore are separate from the euro quotation at Lang & Schwarz. The Nasdaq reference price was USD 1,696.56 at 4:00 p.m. EDT on October 2, 2026, with a market capitalization of USD 86.0 billion and a 52-week range of USD 1,495.00 to USD 2,428.00.
EUR 1,614.60 after a 7.15 percent gain
MercadoLibre was trading at EUR 1,614.60 at Lang & Schwarz on October 5, 2026 at 1:30 p.m. CEST, up 7.15 percent versus the Lang & Schwarz prior close of EUR 1,506.90 on October 2, 2026. 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 5, 2026, 1:30 p.m. CEST: EUR 1,614.60
- Change versus prior close: plus 7.15 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 1,506.90
- Market capitalization: USD 86.0 billion as of October 2, 2026
- 52-week range: USD 1,495.00-2,428.00 as of October 2, 2026
- Sector / Industry: Consumer Discretionary / Internet Retail
