Citi cuts target for MercadoLibre stock to USD 2,100
Published on 10/14/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and valuation at a glance
- Citi lowered its MercadoLibre target from USD 2,150.00 to USD 2,100.00 on October 13, 2026.
- Second-quarter revenue rose 49.80 percent to USD 10.17 billion.
- MercadoLibre stock traded at EUR 1,680.40 at 12:34 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.86 percent below the Xetra close of October 13, 2026 at EUR 1,695.00.
- MercadoLibre is scheduled to report third-quarter results on November 4, 2026.
MercadoLibre (US58733R1023) was trading at EUR 1,680.40 at Lang & Schwarz at 12:34 p.m. CEST on October 14, 2026, down 0.86 percent versus the Xetra close of October 13, 2026 at EUR 1,695.00. Markets Insider reported on October 13, 2026 that Citi analyst Joao Pedro Soares lowered the price target from USD 2,150.00 to USD 2,100.00 while retaining a Neutral rating ahead of the third-quarter report.
Three events shape the setup
MercadoLibre reported second-quarter results on August 6, 2026, with revenue of USD 10.17 billion, up 49.80 percent year over year, according to MarketBeat. The same quarter produced diluted earnings per share of USD 9.19 against consensus of USD 8.65, a USD 0.54 beat.
On October 6, 2026, Susquehanna raised its target to USD 2,400.00, according to MarketBeat. Citi moved in the opposite direction on October 13, 2026, setting a USD 2,100.00 target and pointing to broadly unchanged Brazil commerce trends ahead of the report.
What does the target cut signal?
The contrast is quantitative: second-quarter revenue advanced 49.80 percent, but net income declined 11.00 percent to USD 466.00 million and operating income fell 17.00 percent to USD 683.00 million. Yahoo Finance described the margin pressure as the cost of reinvesting in the commerce and fintech ecosystem.
The company is listed on Nasdaq under MELI and is included in the Nasdaq 100, according to finanzen.at. Its EUR 84.7 billion market capitalization and EUR 1,278.00 to EUR 2,095.00 52-week range were shown for October 14, 2026; the Lang & Schwarz price stood 19.79 percent below the upper end.
Results date sets the next checkpoint
MercadoLibre is scheduled to report third-quarter results on November 4, 2026, with the next earnings release likely to test whether rapid commerce growth can translate into renewed operating leverage. The central tension is visible in the second-quarter figures: revenue crossed USD 10.17 billion, while operating income was USD 683.00 million.
MercadoLibre stock facts
- Company: MercadoLibre, Inc.
- ISIN: US58733R1023
- Ticker: MELI
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 14, 2026, 12:34 p.m. CEST): EUR 1,680.40
- Change versus Xetra close: minus 0.86 percent
- Xetra close (October 13, 2026): EUR 1,695.00
- Market capitalization: EUR 84.7 billion (as of October 14, 2026)
- 52-week range: EUR 1,278.00-2,095.00 (as of October 14, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Index membership: Nasdaq 100
- Next earnings date: November 4, 2026
Market context: Market report Nasdaq Composite.
