MercadoLibre
MELIMarket price data through August 21, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -5%
- 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
- 23 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 biggest online marketplace and the biggest digital wallet across Brazil, Mexico, Argentina and 15 other countries, and most of its customers now use both sides of the house.
The case for and against
Both sides of the story, in plain English.
- Rocket Revenue
Revenue just hit 10.2 billion dollars in a single quarter, up 50% from a year ago and the fastest pace in four years. Shoppers bought 21.9 billion dollars of goods, up 44%, with Brazil leading the way as items per buyer climbed 19%.
- Banking Boom
The Mercado Pago loan book blew past 16 billion dollars, up 75% in a year, and they handed out 2.6 million new credit cards in three months. Payments moving through the system reached 101 billion dollars in the quarter, up 56%.
- Profit Pinch
Operating profit fell 17% to 683 million dollars even as sales soared, leaving a thin 6.7% margin. Free shipping, cheaper fees for sellers, and a flood of new credit cards all cost money today in exchange for a bigger business later.
- Credit Risk
Their credit card business is now losing money on a lending basis, slipping to negative 2.5% from breakeven a year ago. Argentina is also cooling, with sold items growth slowing to 22%, so a weak economy there could turn cheap loans into bad ones.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-21. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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