MercadoLibre (MELI) GMV Beats Expectations with Strong Brazil Growth

3 weeks ago 11

Sheryar Siddiq

Tue, March 17, 2026 astatine 7:07 AM CDT 1 min read

MercadoLibre, Inc. (NASDAQ:MELI) ranks among the best maturation stocks to bargain and clasp for the agelong term. On February 25, Raymond James reduced its terms people for MercadoLibre, Inc. (NASDAQ:MELI) to $2,500 from $2,775 portion retaining a Strong Buy standing connected the company’s shares. According to the firm, MercadoLibre’s gross merchandise measurement (GMV) of $19.8 cardinal came successful supra the street’s anticipation of $19.0 billion, with Brazil signaling 36% year-over-year growth.

With a $2 cardinal run-rate concern astatine 2.6% of GMV, advertizing income grew astatine an accelerated gait of 67%. Raymond James believes this is comparable to Amazon astatine astir $70 cardinal and 7% of GMV.

Looking up to 2026, MercadoLibre, Inc. (NASDAQ:MELI) has aggregate tailwinds crossed some its e-commerce and fintech sectors, which should proceed to thrust robust top-line growth. That said, according to analysts, strategical maturation initiatives whitethorn support margins uncertain successful the adjacent term.

MercadoLibre, Inc. (NASDAQ:MELI) is simply a Latin American e-commerce institution with roots successful Argentina. Its level enables retail and wholesale transactions done online marketplaces and provides tools and services designed to assistance users implicit and negociate commercialized transactions.

While we admit the imaginable of MELI arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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