MercadoLibre (MELI) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $8.83
- Estimate
- $9.27
- Surprise
- -4.8%
- Revenue (period 2026-09-30)
- $10.75B
- Score today
- 5.1/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
MercadoLibre (MELI) missed the $9.27 estimate with adjusted EPS of $8.83 — a clear 4.8% shortfall.
Coverage in the report window
- Scotiabank Maintains Sector Outperform on MercadoLibre, Lowers Price Target to $2300 — benzinga, 2026-11-05
- StoneX Maintains Buy on MercadoLibre, Lowers Price Target to $2258 — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates MELI Sell at 5.1/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -4.8% surprise compares with a -1.9% four-quarter average. Next scheduled report: 2027-02-25.
What supports the rating
- Analyst upside: 35%
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
- $1511.50
- Price target
- $2044.74
- Stop
- $1424.94
- Upside to target
- +35.3%
- Reward-to-risk
- 3.2:1
The stock trades at 41.6× trailing but 27.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 26 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — 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
- $77.58B
- P/E (fwd)
- 27.4
- P/E (ttm)
- 41.6
- 52-week range
- $1469.01–$2342.00
- Off 52-week high
- 35.5%
- RSI (14)
- 26
- Volume vs avg
- 0.58×
- Score today
- 5.1/10