MercadoLibre
MELIMarket price data through November 12, 2026.
Performance
Nov 2021 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -27%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$2,030
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- September 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 26 months
- How long Benson has been tracking this pick.
About MercadoLibre
MercadoLibre is the Amazon and PayPal of Latin America rolled into one. It runs the region's biggest online marketplace plus Mercado Pago, a digital bank used by 93 million people a month across Brazil, Mexico, Argentina and beyond. Its best customers shop and bank in the same app.
The case for and against
Both sides of the story, in plain English.
- Rocket Revenue
Revenue hit 10.75 billion dollars this quarter, up 45% from a year ago. Shoppers bought 23 billion dollars of goods, and in Brazil the number of items sold jumped 45%. Ads are booming too, up 58% as AI helps show the right products to the right shoppers.
- Banking Boom
Mercado Pago's loan book reached almost 18 billion dollars, up 62%, and late payments held steady at 7%, close to record lows. Payments flowing through the app hit 109 billion dollars, up 53%. In Mexico, it is now the biggest digital bank by active users.
- Profit Pinch
Operating profit slipped 6% to 676 million dollars even as sales jumped, leaving a thin 6.3% margin. More free shipping, new warehouses built ahead of the holiday rush, and extra marketing in Brazil all cost money today in exchange for a bigger business later.
- Mexico Slowdown
Mexico is cooling, with sales on the platform growing 21%, slower than in recent quarters, as a new tax rule and weaker spending weigh on shoppers. The credit card push is also pricey, costing almost 450 million dollars over the past year before newer cards start paying off.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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