MercadoLibre stock slips on earnings outlook and BTIG

Published on 09/21/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MercadoLibre stock closed at USD 1,787.39 on September 18, 2026, after BTIG kept a Buy rating and a USD 2,150 target on September 3, 2026. Zacks sees Q2 FY26 revenue at USD 10.17 billion and EPS at USD 9.20.

MELI, US58733R1023, Illustration mit AI erstellt.

MercadoLibre, Inc. stock (ISIN US58733R1023) traded at USD 1,789.66 on September 21, 2026, after closing at USD 1,787.39 on September 18, 2026, down 2.07 percent on the session. The shares carried a market capitalization of USD 90.615 billion, with a 52-week range of USD 1,495.00 to USD 2,548.50.

BTIG kept its view

As Zacks reported on September 18, 2026, BTIG reiterated a Buy rating and kept its price target at USD 2,150 for MercadoLibre. That leaves the target 20.3 percent above the September 18 close of USD 1,787.39.

The same Zacks report said MercadoLibre fell 2.01 percent to USD 1,788.44 in the latest close session and underperformed the S&P 500's 0.17 percent daily gain. It also said the stock had dropped 5.03 percent over the prior month.

Q2 FY26 still drives the story

Yahoo Finance shows Q2 FY26 revenue at USD 10.17 billion and earnings at USD 466 million, with a profit margin of 4.58 percent. It also lists diluted EPS of 36.82 on a trailing basis and revenue of USD 35.18 billion over the last 12 months.

In the same data set, Yahoo Finance listed Q2 FY26 EPS at 9.2 versus an estimate of 8.9, a 3.4 percent beat. The portal also showed a trailing return of 11.26 percent year to date and 27.82 percent over 1 year as of September 18, 2026.

Stock stays near support

The move leaves MercadoLibre well below its 52-week high of USD 2,548.50 and still above the 52-week low of USD 1,495.00. With a 1-year return of 27.82 percent and a market value above USD 90 billion, the stock remains sensitive to how the next earnings date on November 4, 2026 is received.