Added to YB: 2026-09-03
Pitch date: 2026-09-01
MELI [bullish]
MercadoLibre, Inc.
+2.92%
current return
Author Info
Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$98.2B
Pitch Price
$1.9K
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.73
P/E
52.69
EV/Sales
3.00
Sector
Broadline Retail
Category
growth
The Wolf of Harcourt Street | Portfolio Review - August 2026 - MercadoLibre, Inc.
MELI (added to position): MercadoLibre’s 8% post-Q2 decline created an opportunity to add despite it already being the largest holding, as results largely validated the view that shares are materially undervalued. Revenue rose 50% to $10.2B, while GMV and TPV growth accelerated to 44% and 56%. EBIT margin fell from 12% to 7% as the company deliberately invested in pricing, shipping, credit cards and logistics.
Read full article (2 min)