MercadoLibre stock: Jefferies keeps USD 2,600 target for MercadoLibre stock

Published on 10/19/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue was USD 10.17 billion and net income USD 466.0 million. MercadoLibre stock costs EUR 1,637.20 on October 19, 2026.

Target and quarterly figures

On October 18, Jefferies analyst Alexander Wright kept a Buy rating and set a USD 2,600.00 target.
Second-quarter 2026 revenue reached USD 10.17 billion and net income came to USD 466.0 million.
MercadoLibre stock costs EUR 1,637.20 at Lang & Schwarz on October 19, 2026 at 3:17 p.m. CEST.
The P/E ratio was 49.90 and market capitalization stood at USD 93.0 billion on October 19, 2026.

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Jefferies analyst Alexander Wright reiterated a Buy rating for MercadoLibre and set a USD 2,600.00 price target on October 18, 2026, according to Markets Insider. Against the USD 1,834.00 Nasdaq price on October 16, 2026, the target stood 41.77 percent higher. MercadoLibre was trading at EUR 1,637.20 at Lang & Schwarz on October 19, 2026 at 3:17 p.m. CEST.

Second-quarter revenue passed USD 10 billion

MercadoLibre reported USD 10.17 billion in revenue for the second quarter of 2026, up from USD 6.79 billion in the same quarter of 2025. Net income was USD 466.0 million, compared with USD 523.0 million a year earlier, according to Markets Insider. The quarter also produced adjusted earnings per share of USD 9.19 against a USD 8.65 consensus estimate, a USD 0.54 difference.

Price position and trading frame

The latest Nasdaq price was USD 1,834.00 on October 16, 2026 at 4:00 p.m. ET. MercadoLibre's 52-week range ran from USD 1,495.00 to USD 2,428.00, while the October 19, 2026 market capitalization was USD 93.0 billion.

The company operates a Latin American commerce and fintech platform through Mercado Libre and Mercado Pago. Its second-quarter operating figures put the USD 2,600.00 Jefferies target alongside a revenue period that ended June 30, 2026.

Valuation and next reporting date

MercadoLibre carried a P/E ratio of 49.90 on October 19, 2026. The next quarterly report was scheduled for November 4, 2026, with the date cited by Markets Insider.

Comparison with peers

MercadoLibre (Nasdaq, USD): P/E 49.90, market capitalization USD 93.0 billion.

Sea Limited (NYSE, USD): minus 3.83 percent, P/E 36.20, market capitalization USD 57.4 billion.

StoneCo (Nasdaq, USD): minus 0.88 percent, P/E 4.42, market capitalization USD 2.6 billion.

What the target means for valuation

The analyst target gives investors a dated benchmark in USD, while the German trading view remains centered on the EUR 1,637.20 Lang & Schwarz quote. The next scheduled report on November 4, 2026 offers the next fixed point for comparing revenue, earnings and margin development.

The further course of trading is shown by the continuously updated real-time quote of MercadoLibre stock.