Mercadolibre Inc vs ON Holding AG — how do they compare? Mercadolibre Inc trades at $1,834.92 (market cap $92.69B), while ON Holding AG trades at $31.52 (market cap $10.36B). The key difference: Mercadolibre Inc is far larger — about 8.9× ON Holding AG's market cap, and Mercadolibre Inc is trading nearer its 52-week high, ON Holding AG nearer its low. Which is the better fit depends on your goals.
| MELI | ONON | |
|---|---|---|
Market Cap | $92.69B | $10.36B |
Sector | Consumer Cyclical | Technology |
52-Week High | $2.51K | $50.63 |
52-Week Low | $1.55K | $30.91 |
Enterprise Value | $100.34B | $9.50B |
Signals from Pluang's Aura AI — not financial advice
MercadoLibre (MELI) trades at $1,828.25, down 5.76% over 24 hours amid a bearish technical signal. The company reported strong Q2 2026 results with 50% revenue growth and an EPS beat, though recent quarters show mixed earnings performance. Fundamentals remain robust with $28.89B in 2025 revenue and improving cash flow trends, while valuation metrics like P/E of 49.74 reflect premium pricing. Analyst consensus remains strongly bullish with a $2,150 price target despite margin pressures from growth investments.
The outlook balances exceptional revenue growth against margin compression from strategic investments. Investment opportunity lies in MELI's dominant Latin American e-commerce and fintech ecosystem expansion, while risks include sustained margin pressure, competitive threats, and macroeconomic volatility in key markets. Wall Street's strong buy ratings suggest confidence in long-term growth despite near-term profitability concerns.
ONON trades at $31.01, down 0.32% amid a bearish technical signal after Q2 2026 results. The stock plunged 20% on August 11, 2026, due to a revenue miss and lowered growth guidance, though earnings beat estimates. Fundamentals show strong profitability with a 64.82% gross margin and 12.3% net margin, while valuation ratios like P/E of 21.28 appear elevated. Analyst consensus remains bullish with a $47.27 price target, but technical indicators signal caution with key support at $30.
The outlook is mixed: robust earnings growth and margin expansion support upside, but slowing revenue guidance and high valuation pose risks. Investors face volatility from wholesale softness and consumer spending concerns, though direct-to-consumer strength offers resilience. Near-term performance hinges on Q3 2026 results and macroeconomic trends.
Trailing returns across standard periods
Latest headlines on both assets
MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Read more on MELI →ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →