MELI · NASDAQ · STOCK
MercadoLibre (MELI) Stock Analysis
$1,976.52
52W $1495.00 – $2548.50
62/100
$100.30B
53.8
1.31
Is MELI Bullish or Bearish?
Bullish.
Innellis AI committee rates MercadoLibre Inc. (MELI) Buy with a composite score of 62/100
, based on 5 analysts with 60% agreement.
Last updated September 06, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +13.10 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -6.90 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
Positive signals support the current rating — vix regime is low -- calm backdrop supports risk-taking. The committee sees sufficient evidence to maintain the constructive view.
Bull & Bear Case
Bull Case
- ROE of 26.5% shows genuine earnings power backing the valuation — Value
- Revenue growing 46.0% YoY -- genuine top-line momentum — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
- VIX regime is low -- calm backdrop supports risk-taking — Macro
- News sentiment is positive (+0.27 across 26 articles, 14d) — News
Bear Case
- P/E of 53.8 is expensive by classic value standards — Value
- Price-to-book of 15.1x prices in significant intangible value — Value
- EPS declining -9.2% YoY despite any revenue growth — Growth
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of September 06, 2026
Overall Committee Score
62/100
Agreement
60%
Analysts
5
Conviction
Moderate
Sector Rank
Top 33%
of 178 Consumer Cyclical peers
Value Analyst
neutral
42
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 26.5% shows genuine earnings power backing the valuation
− P/E of 53.8 is expensive by classic value standards
Growth Analyst
bullish
63
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 46.0% YoY -- genuine top-line momentum
− EPS declining -9.2% YoY despite any revenue growth
Technical Analyst
neutral
58
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Macro Analyst
bullish
80
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
66
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.27 across 26 articles, 14d)
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2704.43)
Investment Thesis Evolution
Committee score moved marginally from 61.9 to 61.9.
- New bearish signals: 1 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- Value Analyst: +1 bearish signal(s).
Comparing 2026-09-05 to 2026-09-06 (1 day apart).
Technical Analysis
RSI (14)
58.0
Neutral
MACD Histogram
4.177
Bullish Momentum
Trend Direction
Sideways
Weekly: Downtrend
Market Structure
Hh Hl
Support
$1940.17
Resistance
$2142.50
Bollinger %B
0.72
Inside Bands
Price vs Moving Averages
EMA 9
$1,962.28
Above
EMA 21
$1,924.55
Above
EMA 50
$1,863.56
Above
EMA 200
$1,881.99
Above
Fundamental Analysis
Valuation
33
Growth
46
Profitability
57
Financial Health
34
Cash Flow
70
Valuation
P/E Ratio
53.8×
P/B Ratio
12.80×
PEG Ratio
-5.81
Dividend Yield
0.00%
52W High
$2548.50
52W Low
$1495.00
Quality & Growth
ROE
2959.4%
ROA
468.0%
Gross Margin
4267.5%
Operating Margin
826.3%
Revenue Growth YoY
—
Debt / Equity
1.68
AI Fundamental Assessment
P/E ratio of 53.8 (rich relative to a 15-40x range); Price-to-book of 12.8x; PEG ratio of -5.8 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 29.6%; Return on assets of 4.7%; Net margin of 5.3%; Gross margin of 42.7%; Current ratio of 1.12 (tight short-term liquidity); Debt-to-equity of 1.68; Free cash flow per share is positive (245.77); Most recent quarter beat estimates by 4.1%; EPS growth accelerating (-25.4% -> +11.7% QoQ); Average YoY EPS growth of -10.9%; Analyst estimates falling over recent quarters
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