MercadoLibre (MELI) Wins A Buy Reaffirmation, Is The Stock Still Cheap?

Simply Wall St.07-05 08:28

AdvertisementAnalyst call puts MercadoLibre’s credit card push and Brazil growth in focus MercadoLibre (MELI) is back in the spotlight after Bank of America Securities reaffirmed its Buy rating, tying...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2649669747?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/34322384-main-header/1756256219159","is_english":true,"pubTime":"2026-07-05 08:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2649669747","market":"hk","top_or_hot":-1,"title":"MercadoLibre (MELI) Wins A Buy Reaffirmation, Is The Stock Still Cheap?","media":"Simply Wall St.","content":"<div>\n<p>AdvertisementAnalyst call puts MercadoLibre’s credit card push and Brazil growth in focus MercadoLibre (MELI) is back in the spotlight after Bank of America Securities reaffirmed its Buy rating, tying...</p>\n\n<a href=\"https://simplywall.st/stocks/us/retail/nasdaq-meli/mercadolibre/news/mercadolibre-meli-wins-a-buy-reaffirmation-is-the-stock-stil\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MercadoLibre (MELI) Wins A Buy Reaffirmation, Is The Stock Still Cheap?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMercadoLibre (MELI) Wins A Buy Reaffirmation, Is The Stock Still Cheap?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-05 08:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/retail/nasdaq-meli/mercadolibre/news/mercadolibre-meli-wins-a-buy-reaffirmation-is-the-stock-stil><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AdvertisementAnalyst call puts MercadoLibre’s credit card push and Brazil growth in focus MercadoLibre (MELI) is back in the spotlight after Bank of America Securities reaffirmed its Buy rating, tying...</p>\n\n<a href=\"https://simplywall.st/stocks/us/retail/nasdaq-meli/mercadolibre/news/mercadolibre-meli-wins-a-buy-reaffirmation-is-the-stock-stil\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B0JY6N72.USD","symbol_name":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://simplywall.st/stocks/us/retail/nasdaq-meli/mercadolibre/news/mercadolibre-meli-wins-a-buy-reaffirmation-is-the-stock-stil","article_id":"2649669747","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/34322384-main-header/1756256219159"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/retail/nasdaq-meli/mercadolibre/news/mercadolibre-meli-wins-a-buy-reaffirmation-is-the-stock-stil","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2649669747","pubTimestamp":1783211293,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Analyst call puts MercadoLibre’s credit card push and Brazil growth in focus\nMercadoLibre (MELI) is back in the spotlight after Bank of America Securities reaffirmed its Buy rating, tying its view to the expanding credit card business and faster growth in Brazil.\nThe firm highlighted long term return potential from MercadoLibre’s credit card operations, where the portfolio more than doubled year over year in Q1 2026 and now represents a meaningful slice of the loan book. At the same time,...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0552385451.USD":"摩根士丹利投资基金-环球机会基金 C","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0210535034.USD":"摩根大通拉丁美洲基金","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4566":"资本集团","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","IE00B8L5B284.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"B\" (USD) INC","IE00B1B80R65.USD":"柏瑞拉丁美洲股票A","BK4588":"碎股","KMLI":"2倍做多MELI ETF-KraneShares","ONLN":"ProShares Online Retail ETF","BK4548":"巴美列捷福持仓","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU1861217088.USD":"贝莱德金融科技A2","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0053687314.USD":"JPM LATIN AMERICA EQUITY \"A\" INC","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0868486357.SGD":"JPMorgan Funds - Emerging Markets Opportunities A (acc) SGD-H","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","BK4581":"高盛持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","IE00B8HQ1Z84.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"A\" (USD) ACC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","MELI":"MercadoLibre","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1868837722.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"2\" (USD) ACC","LU2279701549.SGD":"JPMorgan Funds - Emerging Markets Sustainable Equity A (acc) SGD","BK4585":"ETF&股票定投概念","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0456842615.SGD":"JPMorgan Funds - Emerging Markets Equity A (acc) SGD","BK4122":"互联网与直销零售","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap"},"translate_title":"MercadoLibre(MELI)赢得买入重申，该股还便宜吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ONLN":0.6,"KMLI":0.6,"MELI":1.5},"content_text":"AdvertisementAnalyst call puts MercadoLibre’s credit card push and Brazil growth in focus MercadoLibre (MELI) is back in the spotlight after Bank of America Securities reaffirmed its Buy rating, tying its view to the expanding credit card business and faster growth in Brazil. The firm highlighted long term return potential from MercadoLibre’s credit card operations, where the portfolio more than doubled year over year in Q1 2026 and now represents a meaningful slice of the loan book. At the same time, Brazil’s role has widened, with FX neutral gross merchandise volume growth of 38%, items sold up 56%, and unit shipping costs down 17% despite higher shipment volumes. See our latest analysis for MercadoLibre. MercadoLibre’s recent rally, with a 7-day share price return of 5.27% and a 30-day share price return of 7.87%, comes against a weaker year to date share price return, which has declined 10.66%, and a 1-year total shareholder return that has fallen 29.86%. However, the 3-year total shareholder return of 52.83% points to stronger longer term momentum. If MercadoLibre’s mix of e-commerce and fintech has caught your eye, it can be useful to compare it with other growth stories by scanning 20 top founder-led companies With MercadoLibre trading at a discount to one intrinsic value estimate, yet on a P/E multiple roughly double its sector, the real question is whether this is a mispriced growth engine or a stock where markets already anticipate the next leg of expansion. Most Popular Narrative: 22.8% Undervalued MercadoLibre’s last close of $1,763.36 sits below a narrative fair value of $2,284.19, which frames the current debate around how much growth is already reflected in the price.  The story behind my purchase of Mercado Libre it’s not a technical as the other commentaries. I am positioned such that I’ve been in meetings with the former ambassador for Venezuela, realize President Trump‘s desire to have “better relations“ with Latin America, hope for a more open Cuba / Venezuela. I regret that I missed out on buying Amazon and the Panamanian airline Copa. The main catalyst for my purchase, however, was that Michael Berry bought the stock in the 1600 range and that the stock has fallen from a peak of about 2300 to below the 1600 level. These factors became a catalyst from my review of the statistics.  Read the complete narrative. According to Jobeda, the valuation hinges on high revenue growth, firming margins and a profit multiple that assumes MercadoLibre can keep compounding its current scale. Curious which specific growth and profitability assumptions sit behind that $2,284.19 fair value and how sensitive the story is to small changes in them. Result: Fair Value of $2,284.19 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this MercadoLibre narrative could be tested if credit losses climb as the loan book expands, or if Brazil, Mexico or Argentina see weaker consumer activity. Find out about the key risks to this MercadoLibre narrative. Another View: MercadoLibre through the earnings multiple lens The earlier narrative framed MercadoLibre as undervalued, but the earnings multiple paints a tighter picture. The stock trades on a P/E of 46.6x, compared with about 18.8x for the global Multiline Retail industry and 22.7x for peers, while the fair ratio sits lower at 36.5x. Put simply, the current price carries a premium that is well above both the sector and peer averages, and also above the fair ratio that the market could eventually move toward. For you as an investor, that gap can look like potential upside if the story keeps improving, or valuation risk if expectations cool from here. The key question is which side of that trade you feel more comfortable on. See what the numbers say about this price — find out in our valuation breakdown. NasdaqGS:MELI P/E Ratio as at Jul 2026Next Steps Taking all this into account, do you feel MercadoLibre’s story leans more toward opportunity or risk, and how quickly do you want to decide for yourself? To weigh both sides using the same framework, check out the 3 key rewards and 2 important warning signs. Looking for more investment ideas beyond MercadoLibre? If MercadoLibre has sharpened your focus, do not stop here. Fresh ideas can shift your whole portfolio, and the right filters help you spot them faster.  Target potential upside by scanning companies that combine quality and attractive pricing through the 44 high quality undervalued stocks. Strengthen your income stream by reviewing stocks with higher yields and resilient payouts using the 7 dividend fortresses. Prioritize resilience by focusing on companies with healthier finances through the solid balance sheet and fundamentals stocks screener (47 results).   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n        and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n        financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n        Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n        Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2649669747","isCrawlerRequest":true}