MercadoLibre stock: Jefferies keeps a USD 2,600.00 target for MercadoLibre stock

Published on 10/23/2026 at 16:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 49.80 percent year over year to USD 10.17 billion. MercadoLibre stock costs EUR 1,623.50 on October 23, 2026 at 4:01 p.m. CEST.

Analyst target and earnings

Jefferies kept a USD 2,600.00 target for MercadoLibre on October 18, 2026.
Q2 2026 revenue rose 49.80 percent year over year to USD 10.17 billion.
MercadoLibre stock costs EUR 1,623.50 at Lang & Schwarz on October 23, 2026 at 4:01 p.m. CEST.
Q3 2026 earnings are scheduled for November 4, 2026.

MELI, US58733R1023, Illustration mit AI erstellt.

MercadoLibre (ISIN US58733R1023) remains framed by a USD 2,600.00 Jefferies target after the firm reiterated its Buy rating on October 18, 2026, according to Markets Insider. MercadoLibre was trading at EUR 1,623.50 at Lang & Schwarz on October 23, 2026 at 4:01 p.m. CEST.

Revenue sets the operating benchmark

MercadoLibre reported USD 10.17 billion in revenue for the second quarter of 2026, up 49.80 percent from the same quarter a year earlier. The company also reported earnings per share of USD 9.19, compared with a consensus estimate of USD 8.65, according to MarketBeat. The figures give the upcoming report a demanding comparison base.

What does the target imply?

Using the Nasdaq quote of USD 1,809.91 at 10:06 a.m. ET on October 23, 2026, the Jefferies target lies 43.65 percent above the price. The listing is Nasdaq under ticker MELI, and the 52-week range is USD 1,495.00 to USD 2,428.00. The current quote stands 25.46 percent below the 52-week high.

Dates and valuation frame

MarketBeat lists November 4, 2026 as the estimated date for MercadoLibre's third-quarter earnings, with the conference call scheduled for October 28, 2026. Its consensus estimate is USD 10.69 billion in revenue and USD 9.34 in earnings per share for the third quarter of 2026, versus USD 7.41 billion and USD 8.32 in the year-earlier quarter.

MercadoLibre operates a Latin American commerce and fintech ecosystem through its marketplace and Mercado Pago services, as described on the company's investor-relations site. The business combines transaction growth with payments and credit activity, so revenue and earnings trends remain central to the next valuation reset.

Stock position and market frame

MercadoLibre's market capitalization was USD 91.8 billion on October 23, 2026, while its trailing P/E ratio was 49.21. The Nasdaq quote had a volume of 47,573 shares at 10:06 a.m. ET, and the stock was down 0.82 percent from the prior Nasdaq close.

MercadoLibre was trading at EUR 1,623.50 at Lang & Schwarz on October 23, 2026 at 4:01 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of MercadoLibre stock.