MercadoLibre (MELI) Set to Release Quarterly Earnings on Wednesday

Key Points

• MercadoLibre is expected to report Q3 2026 results after Wednesday’s market close, with analysts forecasting earnings of $9.28 per share and revenue of $10.69 billion.
• The company exceeded estimates in the previous quarter, posting $9.19 EPS and $10.17 billion in revenue, up 49.8% year over year. Analysts expect full-year EPS of $38.09.
• Wall Street maintains a “Moderate Buy” consensus with an average price target of $2,248.75, but investors remain focused on margin pressure, potential fintech taxes, higher funding costs and credit quality risks.

MercadoLibre (NASDAQ:MELI - Get Free Report) is expected to announce its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $9.28 per share and revenue of $10.69 billion for the quarter. Interested persons may visit the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 4:00 PM ET.

MercadoLibre (NASDAQ:MELI - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $9.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $8.65 by $0.54. The firm had revenue of $10.17 billion for the quarter, compared to analyst estimates of $9.79 billion. The firm's revenue was up 49.8% compared to the same quarter last year. During the same quarter last year, the business posted $10.31 EPS. On average, analysts expect MercadoLibre to post $38.09 EPS for the current fiscal year and $55.19 EPS for the next fiscal year.

MercadoLibre Stock Up 0.7%

MELI opened at $1,680.51 on Wednesday. The firm's 50 day moving average is $1,853.69 and its 200-day moving average is $1,823.64. The firm has a market capitalization of $85.20 billion, a P/E ratio of 45.70 and a beta of 1.31. MercadoLibre has a 52-week low of $1,495.00 and a 52-week high of $2,428.00.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MELI. JPMorgan Chase & Co. lifted their target price on MercadoLibre from $1,900.00 to $2,150.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 11th. Zacks Research raised MercadoLibre from a "strong sell" rating to a "hold" rating in a report on Monday, July 13th. Cantor Fitzgerald cut their price objective on MercadoLibre from $2,300.00 to $2,200.00 and set an "overweight" rating on the stock in a research note on Monday, October 12th. Citigroup upgraded MercadoLibre from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $2,100.00 to $2,050.00 in a research report on Tuesday. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of MercadoLibre in a research report on Tuesday, September 29th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $2,248.75.

Key MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MercadoLibre from Neutral to Buy and set a $2,050 price target, despite trimming its previous $2,100 target. The upgrade suggests the recent election-driven weakness has created a more attractive risk/reward profile. Citigroup upgrades MercadoLibre stock to Buy
• Positive Sentiment: BTIG maintained its $2,150 price target, while other analysts argued that investors should buy the dip caused by the election reaction. These targets imply meaningful upside if operating execution remains strong. BTIG keeps its target for MercadoLibre Analysts say buy the dip
• Positive Sentiment: MercadoLibre’s underlying growth remains robust: quarterly revenue increased approximately 50% year over year, supported by e-commerce demand, buyer engagement, logistics improvements and fintech expansion. Nearly half of revenue comes from outside Brazil, reducing the company’s exposure to domestic political risk. MercadoLibre: Brazil Panicked, I'm Buying
• Neutral Sentiment: Analysts see a potential 50% rebound, but the recovery depends on MercadoLibre converting rapid revenue growth into stronger margins. Its premium valuation leaves the stock sensitive to changes in growth expectations. Two Wall Street pros see gains ahead
• Negative Sentiment: President Luiz Inácio Lula da Silva’s election victory triggered a broad sell-off in Brazilian assets as investors reassessed expectations for fiscal policy, taxes, regulation and borrowing costs. MercadoLibre was pulled lower alongside Brazil-focused financial and technology stocks. Brazilian stocks tumble after Lula win
• Negative Sentiment: Operating margin declined to 6.7% as MercadoLibre continued reinvesting for growth. Investors also remain concerned about possible fintech taxation, higher funding costs and credit quality as the company expands its lending portfolio. Can MercadoLibre keep expanding marketplace leadership?

MercadoLibre Company Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre's financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.

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