MercadoLibre stock reports 49.8 percent Q2 revenue growth

Published on 10/04/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MercadoLibre stock reached USD 10.17 billion in Q2 revenue, up 49.8 percent year over year. Analysts set a USD 2,283.13 average target.

MELI, US58733R1023, Illustration mit AI erstellt.

MercadoLibre (ISIN US58733R1023) generated USD 10.17 billion in second-quarter 2026 revenue, an increase of 49.8 percent from a year earlier, according to MarketBeat in its October 2026 coverage. The stock stood at USD 1,696.56 on Nasdaq on October 2, 2026, up 0.68 percent from the prior session.

Q2 revenue rises to USD 10.17 billion

MercadoLibre's diluted EPS reached USD 9.19 in Q2 2026, compared with the USD 8.65 consensus cited by MarketBeat. Revenue also exceeded the USD 9.79 billion estimate, giving the quarter a second quantified beat alongside the earnings figure.

The growth came as MercadoLibre continued to combine its online marketplace with Mercado Pago financial services. Its operating model links commerce, payments, logistics, advertising and lending, so revenue expansion also increases the importance of credit quality and operating discipline.

Analysts see a USD 2,283.13 target

The analyst picture remains constructive but not uniform. MarketBeat reports a Moderate Buy consensus from 18 analysts, with 12 Buy ratings and 6 Hold ratings.

The average 12-month target is USD 2,283.13, with a high of USD 2,900.00 and a low of USD 1,750.00. Against the USD 1,696.56 October 2 close, the average target implies 34.57 percent upside, while the low target remains above the share price.

Debt adds a second investor checkpoint

Funding is another part of the valuation discussion. Reuters reported on September 9, 2026, that MercadoLibre raised USD 1.0 billion through senior unsecured notes due in 2036, carrying a 5.850 percent coupon. The company said the proceeds were intended for general corporate purposes, placing future interest costs alongside the rapid top-line growth.

USD 1,696.56 sets the October 2 frame

MercadoLibre stock was last at USD 1,696.56 on Nasdaq on October 2, 2026, with a 52-week range of USD 1,495.00 to USD 2,428.00 and market capitalization of USD 86.0 billion. The price was 30.13 percent below the 52-week high, keeping earnings growth and margin execution central to the valuation debate.