Added to YB: 2026-03-03
Pitch date: 2026-02-28
MELI [neutral]
MercadoLibre, Inc.
+4.52%
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
$89.1B
Pitch Price
$1.7K
Price Target
3.9K (+123%)
Dividend
N/A
EV/EBITDA
20.93
P/E
44.62
EV/Sales
3.26
Sector
Broadline Retail
Category
growth
MercadoLibre – The Market Is Wrong, and the Numbers Prove It
MELI (update): Q4 rev $8.8B (+45% YoY), 28th straight quarter of 30%+ growth. E-commerce GMV +37%, fintech TPV +51%. Credit portfolio $12.5B (+90% YoY), NPLs at historic low 4.4%. ROE 44%, ROIC 20%. 2026 rev est $39B (+35%). Trading 32x P/E, 0.8x PEG despite 40% EPS CAGR outlook. Risks: LatAm FX volatility, rapid credit expansion, competition from Nubank/Amazon. 2028 PT $3,920 (31% IRR) on 35x exit multiple.
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