Added to YB: 2025-11-13
Pitch date: 2025-11-11
MELI [neutral]
MercadoLibre, Inc.
-8.16%
current return
Author Info
No bio for this author
Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$102.2B
Pitch Price
$2.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.25
P/E
49.21
EV/Sales
4.12
Sector
Broadline Retail
Category
growth
MercadoLibre Q3’25 Earnings: The Margin Compression Is the Strategy, Not the Problem
MELI (earnings): Margin compression offensive strategy - unit shipping costs fell 8% while volume surged 28%, proving scale efficiency. R$19 free shipping threshold weaponizes logistics density competitors can't match economically. Amazon-Nubank partnership lacks integration of MELI's 25yr unified data spine. 83% credit portfolio growth with stable 6.8% NPLs shows data moat power. Expect continued margin compression to 9-10% through Q1 2026 to eliminate competition.
Read full article (5 min)