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MercadoLibre stock down 15% in 12 months but Wall Street sees 50% upside ahead

Analyst Insights
06 Oct 2026
24/7 Wall Street
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Neutral
MercadoLibre stock down 15% in 12 months but Wall Street sees 50% upside ahead

MercadoLibre's stock has fallen 15% over the past year despite its fastest revenue growth in four years, hitting $10.17 billion in quarterly sales. Profit margins shrank due to strategic investments in free shipping, credit card issuance, and AI, causing operating income to drop 17.2%. However, analysts remain optimistic, with an average price target 22% above the current price and Scotiabank projecting a 50% gain based on growth in fintech services and logistics advantages. The stock's recovery depends on credit card cohort maturation and stable margins, with risks including currency weakness and rising debt. Investors should watch upcoming earnings for margin and credit quality signals.

MercadoLibre shares are currently trading at USD 1,873.41 on Pluang, showing a modest 0.69% gain in the last day. The stock remains below its 52-week high of USD 2.36K but well above its 52-week low of USD 1.55K. As of Oct 06, 2026 18:31 WIB, the market cap stands at $94.33 billion with strong buy interest at 97% of order activity on Pluang.

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