MercadoLibre (MELI) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $9.19
- Estimate
- $8.94
- Surprise
- +2.8%
- Revenue (period 2026-06-30)
- $7.05B
- Score at report (before → after)
- 5.1 → 5.3/10
Revenue source: xbrl.
How the report landed
MercadoLibre (MELI) beat the $8.94 estimate with diluted EPS of $9.19 — a modest 2.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Sell at 5.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MELI Sell at 5.3/10.
1 of the last 4 quarters beat the estimate; this quarter's +2.8% surprise compares with a -3.6% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Positive news sentiment (+0.67)
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
- Sector modifier (Consumer Cyclical): -1.5
- Leverage penalty (D/E 1.7): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $1841.54
- Price target
- $2038.39
- Stop
- $1718.29
- Upside to target
- +10.7%
- Reward-to-risk
- 1.6:1
The stock trades at 51.8× trailing but 32.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.1× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.
MELI at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Internet Retail
- Market cap
- $92.72B
- P/E (fwd)
- 32.2
- P/E (ttm)
- 51.8
- 52-week range
- $1495.00–$2548.50
- Off 52-week high
- 27.7%
- RSI (14)
- 36
- Volume vs avg
- 2.11×
- Score today
- 5.3/10