MercadoLibre stock trades at USD 1,862.22 as Q2 growth holds

Published on 10/06/2026 at 17:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 10.169 billion, up 49.8 percent year over year. EPS beat consensus by USD 0.54 at USD 9.19, while analysts target USD 2,283.12.

MELI, US58733R1023, Illustration mit AI erstellt.

MercadoLibre, Inc. (ISIN US58733R1023) was trading at USD 1,862.22 on Nasdaq at 11:35 a.m. ET on October 6, 2026, up 0.09 percent from USD 1,860.61. The latest quarterly figures show revenue growth of 49.8 percent, but margin pressure remains the central issue for the shares.

Q2 revenue crosses USD 10 billion

According to MarketBeat on October 5, 2026, MercadoLibre reported USD 10.17 billion in second-quarter 2026 revenue, up 49.8 percent from the prior year. Diluted EPS was USD 9.19, beating the USD 8.65 consensus estimate by USD 0.54, while revenue exceeded the USD 9.79 billion consensus by USD 0.38 billion.

The company generated USD 466.0 million in second-quarter net income, according to the same results coverage. The combination is important: sales expanded rapidly, but the earnings figure was lower than the USD 10.31 EPS reported for the same period a year earlier.

Consensus target sits 22.6 percent higher

MarketBeat describes the analyst consensus as Moderate Buy from 18 analysts, with an average target of USD 2,283.12. Against the USD 1,862.22 Nasdaq price on October 6, 2026, that target stands 22.6 percent above the price.

Jefferies maintained a Buy rating and a USD 2,600 price target, as Investing.com reported on October 5, 2026. The research view emphasizes MercadoLibre's expansion into drug retail and argues that free cash flow trends deserve more attention than EBIT margin dilution.

Nasdaq quote remains below yearly high

MercadoLibre's Nasdaq 52-week range is USD 1,495 to USD 2,428 as of October 6, 2026. The current quote is USD 565.78 below the yearly high, leaving the stock closer to the middle of its annual range than to a record level.

For investors, the key tension is visible in the numbers: revenue growth remains near 50 percent, while earnings have not kept pace with the prior-year comparison. MercadoLibre was last trading at USD 1,862.22 on Nasdaq at 11:35 a.m. ET on October 6, 2026.