Is MELI a good stock to buy right now?

Based on our 6-factor quantitative model, MERCADOLIBRE INC (MELI) receives a "Reduce" rating with a composite score of 44.0/100. It is ranked #2,194 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 54/100, Momentum 27/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for MELI?

MERCADOLIBRE INC (MELI) has a "Reduce" rating and 2-star score. The composite score of 44.0 ranks it #2,194 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is MELI in?

MERCADOLIBRE INC operates in the Industrials sector (Business Services industry) with a market cap of $87.15 billion. It is classified as a large-cap stock.

Does MELI pay a dividend?

MELI does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is MELI's P/E ratio?

MELI has a trailing P/E ratio of 48.14x. The Industrials sector average is 28.3x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is MELI?

MELI's quality factor score is 50/100. Gross margin: 45.4%. ROE: 27.2% vs sector average 8.9%. Margins are moderate to low, reflecting competitive market dynamics.

How is MELI valued compared to peers?

MELI's value factor score is 54/100 (higher = cheaper). Key multiples: P/E 48.1x, EV/EBITDA 27.0x. Valuation is roughly in line with peers.

What is MELI's debt level?

MELI's debt-to-equity ratio is 136%. Sector average: 70%. Moderate leverage is normal for established companies.

MELI has a beta of 0.92, meaning it tracks the market. Stability score: 58/100.

Does MELI have high short interest?

MELI's short interest factor score is 62/100 (higher = less short selling). Moderate short interest.

MELI Stock Analysis: Reduce (Score 44.0/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
MELI	-1.07%	+3.41%	+1.83%	-11.93%	-8.27%	-	-	-
Industry Proxy XLI	-0.39%	+4.73%	+0.88%	+10.57%	+38.89%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-1.01%	-0.20%	+1.49%	-11.57%	-37.80%	-	-	-
Alpha vs Sector	-0.68%	-1.33%	+0.95%	-22.50%	-47.17%	-	-	-

Metric	MELI	Benchmark
P/E Ratio	48.1x	+70%
EV/EBITDA	27.0x	+375%
Price / Book	13.1x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
STNG Scorpio Tankers Inc.	64	43	96	73	-	93.3%	63.1%	53.8%	-	30.0x	$3.8B	VS
TNK TEEKAY TANKERS LTD.	62	50	97	71	6.4x	91.9%	67.0%	32.8%	-	0.0x	$2.5B	VS
TEN TSAKOS ENERGY NAVIGATION LTD	61	50	86	75	7.6x	42.1%	97.8%	22.6%	-	103.0x	$1.2B	VS
HAFN Hafnia Ltd	60	42	79	77	-	439.1%	48.5%	27.0%	-	0.0x	$3.8B	VS
TPH Tri Pointe Homes, Inc.	57	50	67	66	13.6x	8.8%	47.5%	7.9%	-26.0%	50.0x	$4.0B	VS
GLDD Great Lakes Dredge & Dock CORP	57	50	69	70	16.3x	13.5%	22.2%	8.1%	14.8%	73.0x	$1.1B	VS
SOBO South Bow Corp	57	39	79	66	22.0x	48.4%	82.3%	14.9%	-	219.0x	$6.8B	VS
IMPP Imperial Petroleum Inc./Marshall Islands	54	44	98	58	2.8x	47.7%	100.0%	34.0%	-19.7%	0.0x	$156M	VS
CCO Clear Channel Outdoor Holdings, Inc.	52	48	58	69	59.3x	-	53.4%	-0.3%	7.7%	-	$1.2B	VS
IMXI International Money Express, Inc.	52	50	73	52	11.6x	25.5%	0.0%	6.4%	-9.7%	221.0x	$476M	VS
MELI MERCADOLIBRE INC	44	50	54	27	48.1x	27.2%	45.4%	7.3%	46.1%	136.0x	$87.1B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.5%	0.4%	0.4%	0.5%	0.5%	0.4%	0.4%	0.5%	0.5%	0.6%	0.6%
Operating Margin %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.0%	-0.1%	-0.0%	0.0%	0.2%
EBITDA Margin %	0.1%	0.1%	0.2%	0.2%	0.1%	0.1%	0.1%	-0.0%	0.0%	0.1%	0.3%
Net Margin %	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%	-0.0%	-0.1%	-0.0%	0.0%	0.2%
FCF Margin %	-0.2%	-	34.0%	-	-	-	23.5%	13.7%	9.6%	15.3%	14.4%
ROE %	0.3%	0.3%	0.4%	0.3%	0.3%	0.1%	-0.0%	-0.1%	-0.1%	0.0%	0.3%
ROA %	0.0%	0.0%	0.1%	0.1%	0.0%	0.0%	-0.0%	-0.0%	-0.0%	0.0%	0.1%
ROIC %	0.1%	15.9%	25.0%	19.0%	12.4%	22.7%	7.0%	-7.6%	-8.7%	14.5%	28.1%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.5%

0.4%

0.5%

0.4%

0.5%

0.6%

Operating Margin %

0.1%

0.0%

-0.1%

-0.0%

0.0%

0.2%

EBITDA Margin %

0.1%

0.2%

0.1%

-0.0%

0.0%

0.1%

0.3%

Net Margin %

0.1%

0.0%

-0.0%

-0.1%

-0.0%

0.0%

0.2%

FCF Margin %

-0.2%

34.0%

23.5%

13.7%

9.6%

15.3%

14.4%

ROE %

0.3%

0.4%

0.3%

0.1%

-0.0%

-0.1%

0.0%

0.3%

ROA %

0.0%

0.1%

0.0%

-0.0%

0.0%

0.1%

ROIC %

0.1%

15.9%

25.0%

19.0%

12.4%

22.7%

7.0%

-7.6%

-8.7%

14.5%

28.1%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$25.4B	$28.9B	$20.8B	$14.5B	$10.5B	$7.1B	$4.0B	$2.3B	$1.4B	$1.4B	$844M	$652M
	—	$16.0B	—	$7.3B	$5.4B	$4.1B	—	—	—	—	—	—
	$11.5B	$12.9B	$7.7B	$7.2B	$5.2B	$3.0B	$1.6B	$1.1B	$697M	$592M	$438M	$360M
Gross Margin	45.4%	44.5%	37.1%	49.8%	49.0%	42.5%	39.7%	48.0%	48.4%	59.2%	63.6%	55.3%
	—	$2.3B	$1.9B	$1.8B	$1.1B	$590M	$353M	$224M	$146M	—	—	—
Depreciation	—	$818M	$731M	$524M	$403M	$204M	$253M	$160M	$57M	$52M	$39M	$40M
Total Operating Expenses	—	$9.7B	—	$5.4B	$4.1B	$2.6B	—	—	—	—	—	—
	$2.9B	$3.2B	$2.6B	$1.8B	$1.0B	$441M	$128M	-$153M	-$69M	$56M	$181M	$139M
EBIT	$2.9B	$3.2B	$2.6B	$1.8B	$1.0B	$441M	$128M	-$153M	-$69M	$56M	$181M	$139M
EBITDA	$3.6B	$4.0B	$3.2B	$2.3B	$1.4B	$645M	$205M	-$64M	$6M	$86M	$214M	$191M
Operating Margin	11.3%	11.1%	12.7%	12.6%	9.8%	6.2%	3.2%	-6.7%	-4.8%	4.6%	21.4%	21.4%
EBITDA Margin	14.2%	13.9%	15.3%	16.2%	13.6%	9.1%	5.2%	-2.8%	0.4%	6.2%	25.4%	29.3%
	—	—	$165M	—	—	—	$107M	$66M	$56M	$26M	$26M	$20M
	—	$2.8B	—	$1.6B	$780M	$241M	—	—	—	—	—	—
Income Tax Expense	—	$845M	$521M	$569M	$298M	$149M	$82M	$65M	-$29M	$40M	$49M	$45M
	$1.8B	$2.0B	$1.9B	$987M	$482M	$83M	-$1M	-$172M	-$37M	$14M	$136M	$106M
Net Margin	7.3%	6.9%	9.2%	6.8%	4.6%	1.2%	-0.0%	-7.5%	-2.5%	1.1%	16.2%	16.2%
	$39.40	$39.40	$37.69	$19.64	$9.57	$1.67	$-0.08	$-3.71	$-0.82	$0.31	$3.09	$2.40
Diluted EPS	$39.40	$39.40	$37.69	$19.46	$9.53	$1.67	$-0.08	$-3.71	$-0.82	$0.31	$3.09	$2.40
Weighted Avg Basic	—	51M	—	50M	50M	50M	—	—	—	—	—	—
Weighted Avg Diluted	—	51M	—	51M	51M	50M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$25.4B

$28.9B

$20.8B

$14.5B

$10.5B

$7.1B

$4.0B

$2.3B

$1.4B

$844M

$652M

—

$16.0B

—

$7.3B

$5.4B

$4.1B

—

$11.5B

$12.9B

$7.7B

$7.2B

$5.2B

$3.0B

$1.6B

$1.1B

$697M

$592M

$438M

$360M

Gross Margin

45.4%

44.5%

37.1%

49.8%

49.0%

42.5%

39.7%

48.0%

48.4%

59.2%

63.6%

55.3%

—

$2.3B

$1.9B

$1.8B

$1.1B

$590M

$353M

$224M

$146M

—

Depreciation

—

$818M

$731M

$524M

$403M

$204M

$253M

$160M

$57M

$52M

$39M

$40M

Total Operating Expenses

—

$9.7B

—

$5.4B

$4.1B

$2.6B

—

$2.9B

$3.2B

$2.6B

$1.8B

$1.0B

$441M

$128M

-$153M

-$69M

$56M

$181M

$139M

EBIT

$2.9B

$3.2B

$2.6B

$1.8B

$1.0B

$441M

$128M

-$153M

-$69M

$56M

$181M

$139M

EBITDA

$3.6B

$4.0B

$3.2B

$2.3B

$1.4B

$645M

$205M

-$64M

$6M

$86M

$214M

$191M

Operating Margin

11.3%

11.1%

12.7%

12.6%

9.8%

6.2%

3.2%

-6.7%

-4.8%

4.6%

21.4%

EBITDA Margin

14.2%

13.9%

15.3%

16.2%

13.6%

9.1%

5.2%

-2.8%

0.4%

6.2%

25.4%

29.3%

—

$165M

—

$107M

$66M

$56M

$26M

$20M

—

$2.8B

—

$1.6B

$780M

$241M

—

Income Tax Expense

—

$845M

$521M

$569M

$298M

$149M

$82M

$65M

-$29M

$40M

$49M

$45M

$1.8B

$2.0B

$1.9B

$987M

$482M

$83M

-$1M

-$172M

-$37M

$14M

$136M

$106M

Net Margin

7.3%

6.9%

9.2%

6.8%

4.6%

1.2%

-0.0%

-7.5%

-2.5%

1.1%

16.2%

$39.40

$37.69

$19.64

$9.57

$1.67

$-0.08

$-3.71

$-0.82

$0.31

$3.09

$2.40

Diluted EPS

$39.40

$37.69

$19.46

$9.53

$1.67

$-0.08

$-3.71

$-0.82

$0.31

$3.09

$2.40

Weighted Avg Basic

—

51M

—

50M

—

Weighted Avg Diluted

—

51M

—

51M

50M

—

MERCADOLIBRE INC (MELI) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does MERCADOLIBRE INC Do?

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay. MERCADOLIBRE INC (MELI) is classified as a large-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Marcos E. Galperin and employs approximately 40,500 people. With a market capitalization of $87.1B, MELI is one of the prominent companies in the Industrials sector.

MERCADOLIBRE INC (MELI) Stock Rating — Reduce (April 2026)

As of April 2026, MERCADOLIBRE INC receives a Reduce rating with a composite score of 44.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MELI ranks #2,194 out of 4,446 stocks in our coverage universe. Within the Industrials sector, MERCADOLIBRE INC ranks #352 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MELI Stock Price and 52-Week Range

MERCADOLIBRE INC (MELI) currently trades at $1795.94. The stock gained $2.74 (0.2%) in the most recent trading session. The 52-week high for MELI is $2645.22, which means the stock is currently trading -32.1% from its annual peak. The 52-week low is $1631.18, putting the stock 10.1% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is MELI Overvalued or Undervalued? — Valuation Analysis

MERCADOLIBRE INC (MELI) carries a value factor score of 54/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 48.14x, compared to the Industrials sector average of 28.33x — a premium of 70%. The price-to-book ratio stands at 13.09x, versus the sector average of 2.23x. The price-to-sales ratio is 3.47x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, MELI trades at 27.04x EV/EBITDA, versus 5.70x for the sector.

Overall, MELI's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

MERCADOLIBRE INC Profitability — ROE, Margins, and Quality Score

MERCADOLIBRE INC (MELI) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 27.2%, compared to the Industrials sector average of 8.9%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 4.3% versus the sector average of 3.3%.

On a margin basis, MERCADOLIBRE INC reports gross margins of 45.4%, compared to 35.8% for the sector. The operating margin is 11.3% (sector: 6.2%). Net profit margin stands at 7.3%, versus 3.9% for the average Industrials stock. Revenue growth is running at 46.1% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

MELI Debt, Balance Sheet, and Financial Health

MERCADOLIBRE INC has a debt-to-equity ratio of 136.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.17x, suggesting adequate working capital coverage. Total debt on the balance sheet is $9.19B. Cash and equivalents stand at $2.58B.

MELI has a beta of 0.92, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for MERCADOLIBRE INC is 58/100, reflecting average volatility within the normal range for its sector.

MERCADOLIBRE INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, MERCADOLIBRE INC reported revenue of $25.45B and earnings per share (EPS) of $39.40. Net income for the quarter was $1.83B. Gross margin was 45.4%. Operating income came in at $2.87B.

In FY 2025, MERCADOLIBRE INC reported revenue of $28.89B and earnings per share (EPS) of $39.40. Net income for the quarter was $2.00B. Gross margin was 44.5%. Revenue grew 39.1% year-over-year compared to FY 2024. Operating income came in at $3.20B.

In Q3 2025, MERCADOLIBRE INC reported revenue of $7.41B and earnings per share (EPS) of $8.32. Net income for the quarter was $421M. Gross margin was 43.3%. Revenue grew 39.5% year-over-year compared to Q3 2024. Operating income came in at $724M.

In Q2 2025, MERCADOLIBRE INC reported revenue of $6.79B and earnings per share (EPS) of $10.31. Net income for the quarter was $523M. Gross margin was 45.6%. Revenue grew 33.8% year-over-year compared to Q2 2024. Operating income came in at $825M.

Over the past 8 quarters, MERCADOLIBRE INC has demonstrated a growth trajectory, with revenue expanding from $5.07B to $25.45B. Investors analyzing MELI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MELI Dividend Yield and Income Analysis

MERCADOLIBRE INC (MELI) does not currently pay a dividend. This is common among growth-oriented companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

MELI Momentum and Technical Analysis Profile

MERCADOLIBRE INC (MELI) has a momentum factor score of 27/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 62/100 reflects moderate short selling activity.

MELI vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, MERCADOLIBRE INC (MELI) ranks #352 out of 752 stocks based on the Blank Capital composite score. This places MELI in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing MELI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MELI vs S&P 500 (SPY) comparison to assess how MERCADOLIBRE INC stacks up against the broader market across all factor dimensions.

MELI Next Earnings Date

No upcoming earnings date has been announced for MERCADOLIBRE INC (MELI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MELI? — Investment Thesis Summary

The quantitative profile for MERCADOLIBRE INC suggests caution. Momentum is weak at 27/100, a headwind for near-term performance.

In summary, MERCADOLIBRE INC (MELI) earns a Reduce rating with a composite score of 44.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MELI stock.

Related Resources for MELI Investors

Explore more research and tools: MELI vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MELI head-to-head with peers: MELI vs SOBO, MELI vs TEN, MELI vs GLDD.

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MERCADOLIBRE INC (MELI) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does MERCADOLIBRE INC Do?

MERCADOLIBRE INC (MELI) Stock Rating — Reduce (April 2026)

MELI Stock Price and 52-Week Range

Is MELI Overvalued or Undervalued? — Valuation Analysis

MERCADOLIBRE INC Profitability — ROE, Margins, and Quality Score

MELI Debt, Balance Sheet, and Financial Health

MERCADOLIBRE INC Revenue and Earnings History — Quarterly Trend

MELI Dividend Yield and Income Analysis

MELI Momentum and Technical Analysis Profile

MELI vs Competitors — Industrials Sector Ranking and Peer Comparison

MELI Next Earnings Date

Should You Buy MELI? — Investment Thesis Summary

Related Resources for MELI Investors

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