MELI Stock Summary and Trading Ideas (Mercadolibre | NASDAQ:MELI)

MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. The company is roughly split between its e-commerce business, which includes its fulfillment and advertising services, and its fintech segment, which comprises its rapidly expanding payment and digital wallet platform (Mercado Pago) and its lending business (Mercado Credito). While the company operates in 18 countries, its primary markets are Brazil, Argentina, and Mexico, which account for more than 95% of its revenue.

Mercadolibre trades on the NASDAQ stock market under the symbol MELI.

As of September 9, 2026, MELI stock price declined to $1,874.16 with 238,187 million shares trading.

MELI has a beta of 1.03, meaning it tends to be more sensitive to market movements. MELI has a correlation of 0.11 to the broad based SPY ETF.

MELI has a market cap of $95.02 billion. This is considered a Large Cap stock.

Last quarter Mercadolibre reported $10 billion in Revenue and $9.19 earnings per share. This beat revenue expectation by $529 million and exceeded earnings estimates by $.24.

In the last 3 years, MELI traded as high as $2,645.22 and as low as $1,141.04.

The top ETF exchange traded funds that MELI belongs to (by Net Assets): QQQ, QQQM, EAGL, ARGT, JEPQ.

MELI has underperformed the market in the last year with a price return of -20.1% while the SPY ETF gained +18.8%. However, in the short term, MELI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.3% vs +3.5% return in SPY. But in the last 2 weeks, MELI shares have been beat by the market, returning -6.2% compared to an SPY return of -0.3%.

MELI support price is $1,874.03 and resistance is $1,978.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MELI shares will trade within this expected range on the day.