MercadoLibre, Inc. (MELI) earnings on August 5, 2026

After the market closes Q2 2026

More MercadoLibre, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

MercadoLibre's stock dropped sharply after its earnings report, falling as much as 9.5% and closing down over 5%. Concerns about profit margins weighed on the price despite some analyst price target increases.

MELI price around the earnings

1830.00

Change: -4.9%

2026-08-06, 20:00 UTC

Start of the measured window End of the measured window
1756.50 1833.96 1911.42 1988.88 1923.53
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 5, 2026 August 6, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Analyst upside contrasts sharply with 0% earnings beat rate and negative surprises, creating high binary risk.

Context analyzed before publication

Trend
Trajectory declined then recovered, but recent score is negative, highlighting binary risk due to conflicting contexts.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.54
Analysts covering the stock
24
Average price target
2,214.88
Lowest price target
1,750
Highest price target
2,800
Upside to price target
15.2%
Quarterly earnings growth
-15.6%
Revenue growth
49%
Forward EPS
58.28
Trailing EPS
37.96
Analyst moves in the last 60 days
1
  • Strong buy: 5
  • Buy: 15
  • Hold: 4
  • Sell: 0
  • Strong sell: 0
Strong buy
5
Buy
15
Hold
4
Sell
0
Strong sell
0
  • July 15, 2026 · Citigroup: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%

Technicals

Evidence

Price when the context was analyzed
1,888.82
Average true range (ATR)
2.5%
Distance to 52-week high
-23.4%
14-day change (14d)
+3.7%
30-day change (33d)
+7.0%
30-day relative strength
+5.5%
QQQ change (33d)
+1.6%
Nearest support
1,884.53
Distance to nearest support
0.2%
Nearest resistance
1,902.11
Distance to nearest resistance
0.7%
Volume accumulation ratio (14d / 46d)
0.55
  • Mid: 1,884.53 (0.2% away, 0.09 ATR, 28 touches)
  • Mid: 1,873.8 (0.8% away, 0.31 ATR, 18 touches)
  • Mid: 1,863.01 (1.4% away, 0.54 ATR, 27 touches)
  • Mid: 1,902.11 (0.7% away, 0.28 ATR, 23 touches)
  • Mid: 1,922.13 (1.8% away, 0.7 ATR, 11 touches)
  • Minor: 1,938.18 (2.6% away, 1.04 ATR, 9 touches)

Trends

Evidence

Average earnings surprise
-7.5%
  • May 7, 2026: actual EPS 8.23 vs estimate 8.47 (surprise -2.9%)
  • February 24, 2026: actual EPS 11.03 vs estimate 11.43 (surprise -3.5%)
  • October 28, 2025: actual EPS 8.32 vs estimate 9.37 (surprise -11.2%)
  • August 4, 2025: actual EPS 10.31 vs estimate 11.75 (surprise -12.2%)

Expected move

Implied move
+6.5%
Source
Options chain

Reactions over its last 20 earnings

Median move
7.9%
75th percentile move
12.8%
90th percentile move
16.3%
Up / down moves
14 / 6
Average up move
+6.9%
Average down move
-11.6%

Monitoring and close

What MercadoLibre, Inc. reported

Status
Finished
Actual EPS9.19
EPS estimate8.58
EPS surprise+7.1%
Revenue$10,200 million
Revenue estimate$9,667 million
Revenue surprise+5.5%

MercadoLibre beat estimates with earnings of $9.19 per share and sales of $10.200 billion. Shares fell 3% on margin concerns. The outcome is optimistic.

Sources (3)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -4.2% pre-market, a move below the stock's usual reaction (about 8%). The figures confirm the pessimistic scenario. In the 722 similar cases in our market history, the close held that direction 86% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
-5.6%
Max favorable move (MFE)
9.5%
Max adverse move (MAE)
3.6%