MercadoLibre stock holds near USD 1,826 as ad growth accelerates

Published on 09/23/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MercadoLibre stock traded near USD 1,826 on September 23, 2026, while its 90-day return reached 10.1 percent. Advertising revenue rose 62 percent year over year.

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MercadoLibre stock traded near USD 1,826 on September 23, 2026, while the company’s advertising business posted 62 percent year-over-year revenue growth on an FX-neutral basis. The stock’s 90-day return was 10.1 percent, but its year-to-date performance remained down 7.5 percent.

Advertising growth reaches 62 percent

Advertising is becoming a more important operating driver for MercadoLibre. According to Yahoo Finance on September 22, 2026, advertising net revenue climbed 62 percent year over year on an FX-neutral basis.

The comparison gives the stock a measurable growth angle even as the broader one-year return remains negative. The same recent coverage also identified a Zacks Rank of 4, equivalent to Sell, adding a clearly documented counterweight to the advertising growth story.

Valuation gap remains visible

At around USD 1,826 on September 23, 2026, MercadoLibre traded below the narrative fair value of USD 3,200 cited by Simply Wall St. The gap is USD 1,374, or approximately 75.0 percent of the share price, although that valuation is an editorial estimate rather than company guidance.

Simply Wall St also reported a one-year total shareholder return decline of 26.8 percent against a 44.0 percent gain over three years. For investors, the figures point to a split picture: advertising growth is accelerating, while the longer one-year performance record remains weak.

Next earnings date is November 4

MercadoLibre’s next scheduled quarterly reporting date is November 4, 2026, according to the Nasdaq market-data page. The page also lists trailing revenue of USD 8.85 billion, revenue growth of 42.20 percent, EBITDA of USD 857.00 million and trailing EPS of USD 37.87.

These trailing figures are not a substitute for the next quarterly report, but they establish the scale against which the November update will be measured. The immediate market question is whether advertising growth can continue to support revenue expansion while the share price remains below the cited USD 3,200 narrative valuation.

Stock remains near USD 1,826

MercadoLibre stock stood at approximately USD 1,826 on the Nasdaq as of September 23, 2026. Its 90-day return was 10.1 percent, compared with a year-to-date decline of 7.5 percent and a one-year total shareholder return decline of 26.8 percent.