MercadoLibre stock falls 2.51 percent as Q2 margin slips

Published on 09/25/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MercadoLibre stock reported USD 10.169 billion in Q2 2026 revenue, up 50 percent year over year. Operating margin was 6.7 percent, while New Street set a USD 2,450 target.

MELI, US58733R1023, Illustration mit AI erstellt.

MercadoLibre stock (ISIN US58733R1023) stood at USD 1,754.13 on Nasdaq on September 24, 2026, down USD 45.11 or 2.51 percent from the prior close. The latest market reaction follows a second-quarter report that combined 50 percent revenue growth with a sharp margin comparison.

Revenue reaches USD 10.169 billion

According to Business Wire, MercadoLibre reported USD 10.169 billion in net revenue and financial income for Q2 2026, up 50 percent year over year and 43 percent on a foreign-exchange-neutral basis. The company also generated USD 683 million in operating income, equal to a 6.7 percent operating margin.

The earnings mix explains the pressure on the stock. Q2 2026 net income was USD 466 million, or a 4.6 percent margin, while the operating margin contracted by 550 basis points year over year, according to Business Wire.

New Street sets USD 2,450 target

On September 23, 2026, New Street Research initiated coverage with a Buy rating and a USD 2,450 price target, as MarketBeat reported. The target is USD 695.87 above the September 24 price, while the cited analyst consensus stood at USD 2,283.12.

That target view contrasts with the chart position. MercadoLibre's September 24 price was USD 794.37 below its 52-week high of USD 2,548.50 and USD 259.13 above its 52-week low of USD 1,495. The gap between accelerating revenue and lower operating profitability is the central valuation issue.

Stock stays below yearly high

MercadoLibre traded at USD 1,754.13 on Nasdaq on September 24, 2026, with volume of 829,191 shares and a market capitalization of USD 88,929,447,862. The 2.51 percent daily decline and the 31.17 percent distance below the 52-week high place the market response alongside the company's margin compression.