Oct 13 close Sign in

Consumer & retail

MercadoLibre (MELI)

In the Nasdaq-100.

Your signal

Hold44 / 100

Hold: 44 is between your Sell line (40) and Buy line (60). Trend (+2% vs 200-day) scores 51 and lifts it; Off the high (−21% from its 1-year high) scores 32 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightMELIPointsWeightAdds
Plays in48%484019.2
Off the high−21% from its 1-year high32309.6
Trend+2% vs 200-day513015.3
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for MELI
FactorMELIPointsWhat it is
Plays in48%48The share of the plays you count that hold it now.
Analysts' upside+21% · 26 analysts59How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating1.6 · buy69The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E51.0×17Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: SEC filings to 2026-06-30.
Forward P/E33.3×9Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG1.0065P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales3.9×48Market value over the last 12 months' revenue. Lower ranks higher. Source: SEC filings to 2026-06-30.
Price to book12.1×14Price over book value (assets minus debts) per share. Lower ranks higher. Source: SEC filings to 2026-06-30.
Dividend yieldnone0Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth−9%24Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Revenue growth+42%81Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Profit margin8%42Net profit as a share of revenue. Higher ranks higher. Source: SEC filings to 2026-06-30.
Return on equity24%76Profit as a share of shareholders' equity. Higher ranks higher. Source: SEC filings to 2026-06-30.
Debt to equity1.36×21Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: SEC filings to 2026-06-30.
Off the high−21% from its 1-year high32How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend+2% vs 200-day51How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−14%20The price change over the last 12 months. Higher ranks higher.
Low crash exposure3/10 · moderate70The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on MELI

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in48 / 100Every play Be The Puck tests, in 7 families.
Crash exposureModerate3 of 10 on the storm testMayer Multiple1.02×Price ÷ its 200-day average (+2%). Higher than on 36% of days since 2008. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about MELI now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

MELI, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved MELI lately

Its biggest move against the S&P 500 in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on MELI

All 100 plays, by family.

Calls right: how often the play's calls on MELI went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2007. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyINOct 5, 2026 +0.8%Exit below $1,833.37 (−2.3%)29% 146/504+13.8% / +22.5%−57.9% / −89.5%
Bull Market Support BandBenjamin Cowen · weeklyINOct 9, 2026 −0.7%Exit below $1,798.57 (−4.1%)26% 25/96+10.7% / +22.6%−55.6% / −82.7%
Ripster EMA CloudRipster · dailyINOct 5, 2026 +0.8%Exit below $1,835.98 (−2.1%)28% 74/264+13.3% / +19.9%−56.9% / −87.2%
Trend TemplateMark Minervini · dailyOUTSep 30, 2025 −19.7%Not on one close26% 36/138+13.9% / +24.9%−31.7% / −76.1%
Stage AnalysisStan Weinstein · weeklyOUTOct 3, 2025 −13.7%Enter above $1,770.43 (−5.6%)29% 20/70+14.6% / +22.8%−48.7% / −85.2%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTOct 3, 2025 −13.7%Enter above $2,058.84 (+9.7%)28% 21/76+13.3% / +25.2%−55.7% / −77.6%
10-Month SMAMeb Faber · month-endOUTSep 30, 2026 +8.5%Enter above $1,818.08 (−3.1%)33% 13/39+11.3% / +22.6%−52.9% / −82.7%
200-Day RulePaul Tudor Jones · dailyINOct 5, 2026 +0.8%Exit below $1,833.28 (−2.3%)17% 23/132+14.9% / +22.8%−56.9% / −82.7%
Golden CrossMarket tradition · dailyINSep 8, 2026 −2.6%Not on one close33% 8/24+11.8% / +22.8%−60.5% / −82.7%
Granville 200-DayJoseph E. Granville · dailyOUTJan 28, 2026 −17.3%Enter above $6,299.22 (+235.8%)24% 19/78+14.8% / +23.9%−49.9% / −77.6%
Hull Moving AverageAlan Hull · weeklyOUTSep 18, 2026 +5.0%Enter above $1,995.35 (+6.4%)44% 51/115+15.0% / +20.3%−57.6% / −89.5%
Kaufman Adaptive MAPerry J. Kaufman · dailyINOct 5, 2026 +0.8%Exit below $1,812.03 (−3.4%)27% 176/660+11.4% / +21.9%−53.1% / −89.5%
TEMA CrossoverPatrick G. Mulloy · dailyINOct 12, 2026 −0.9%Exit below $1,744.21 (−7.0%)36% 77/216+7.8% / +23.8%−77.1% / −85.2%
Seykota 15/150Ed Seykota · dailyOUTFeb 3, 2026 −10.7%Enter above $2,911.55 (+55.2%)25% 5/20+19.5% / +29.7%−54.6% / −69.1%
Guppy Multiple MAsDaryl Guppy · dailyOUTSep 17, 2026 +2.8%Enter above $1,870.51 (−0.3%)30% 33/110+10.4% / +23.7%−55.1% / −85.2%
Ichimoku CloudGoichi Hosoda · dailyOUTSep 28, 2026 +9.6%Enter above $1,947.80 (+3.8%)37% 31/83+15.5% / +22.5%−69.8% / −89.5%
SupertrendOlivier Seban · dailyINOct 5, 2026 +0.8%Exit below $1,742.65 (−7.1%)37% 55/148+7.7% / +24.6%−74.4% / −89.5%
Williams AlligatorBill Williams · dailyOUTSep 15, 2026 +2.6%Not on one close46% 117/254+12.5% / +24.6%−52.6% / −89.5%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyINOct 9, 2026 −0.7%Exit below $1,787.54 (−4.7%)35% 165/468+14.8% / +24.8%−59.3% / −89.5%
AroonTushar S. Chande · dailyOUTSep 24, 2026 +6.9%Enter above $1,946.84 (+3.8%)37% 66/177+10.2% / +24.9%−62.5% / −89.5%
Parabolic SARJ. Welles Wilder Jr. · dailyINOct 5, 2026 +0.8%Exit below $1,758.47 (−6.3%)36% 157/434+2.7% / +24.5%−78.7% / −89.5%
ADX TrendJ. Welles Wilder Jr. · dailyOUTAug 6, 2026 +2.5%Enter above $2,566.59 (+36.8%)39% 55/141+4.2% / +23.1%−66.7% / −89.5%
MACD Zero LineGerald Appel · dailyINOct 12, 2026 −0.9%Exit below $1,796.49 (−4.2%)41% 57/138+15.8% / +22.0%−64.9% / −89.5%
Zweig 4% ModelMartin Zweig · weeklyINOct 9, 2026 −0.7%Exit below $1,814.25 (−3.3%)32% 93/288−0.3% / +24.6%−80.0% / −89.5%
MAMA/FAMA CrossJohn F. Ehlers · dailyINOct 12, 2026 −0.9%Exit below $792.17 (−57.8%)37% 68/184+12.0% / +22.0%−64.1% / −89.5%
Schaff Trend CycleDoug Schaff · dailyINOct 7, 2026 +0.2%Not on one close41% 84/207+12.3% / +23.8%−71.5% / −85.2%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyINOct 12, 2026 −0.9%Exit below $1,778.10 (−5.2%)36% 53/149+14.6% / +19.9%−54.6% / −87.2%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTSep 25, 2026 +7.0%Enter above $1,880.72 (+0.2%)29% 26/91+6.8% / +19.9%−74.2% / −87.2%
Elder Triple ScreenAlexander Elder · dailyOUTSep 9, 2026 0.0%Enter above $1,904.80 (+1.5%)39% 65/168+12.2% / +22.5%−45.0% / −85.2%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTMar 6, 2023 +49.3%Not on one close32% 13/40−2.6% / +22.0%−54.0% / −89.5%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTSep 18, 2026 +5.0%Enter above $1,924.59 (+2.6%)43% 51/118+12.5% / +24.6%−68.3% / −89.5%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTSep 9, 2026 0.0%Enter above $2,066.00 (+10.1%)30% 41/136+0.7% / +21.9%−61.4% / −89.5%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTSep 15, 2026 +2.6%Enter above $2,066.00 (+10.1%)32% 30/94+4.2% / +21.9%−53.0% / −89.5%
Clenow TrendAndreas F. Clenow · dailyOUTSep 18, 2026 +5.0%Enter above $2,006.60 (+7.0%)32% 30/94+4.5% / +19.9%−38.3% / −87.2%
Darvas BoxNicolas Darvas · dailyOUTSep 24, 2026 +6.9%Not on one close36% 42/116+4.6% / +24.6%−67.8% / −89.5%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTAug 6, 2026 +2.5%Enter above $1,955.58 (+4.2%)41% 58/142+6.3% / +21.9%−42.5% / −89.5%
Bollinger BreakoutJohn Bollinger · dailyOUTSep 9, 2026 0.0%Enter above $1,956.86 (+4.3%)35% 70/200+7.1% / +24.6%−50.0% / −89.5%
Chandelier ExitChuck LeBeau · dailyOUTSep 15, 2026 +2.6%Enter above $1,900.24 (+1.3%)37% 64/172+13.1% / +24.7%−55.6% / −89.5%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyINOct 5, 2026 +0.8%Exit below $1,742.24 (−7.1%)36% 59/163+14.4% / +24.6%−64.3% / −89.5%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTSep 24, 2026 +6.9%Enter above $2,087.68 (+11.3%)40% 65/164+16.2% / +24.9%−71.8% / −89.5%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTOct 13, 2026 0.0%Enter above $1,878.66 (+0.1%)31% 85/275+16.7% / +22.5%−61.8% / −89.5%
Acceleration BandsPrice Headley · dailyOUTJul 15, 2026 +1.8%Not on one close29% 54/188−0.1% / +24.6%−44.9% / −89.5%
TTM SqueezeJohn F. Carter · dailyOUTSep 8, 2026 −2.6%Not on one close42% 51/122+6.6% / +21.9%−29.7% / −89.5%
NR7 BreakoutToby Crabel · dailyINOct 5, 2026 +0.8%Exit below $1,679.02 (−10.5%)35% 207/599+5.1% / +24.4%−73.5% / −89.5%
Bollinger SqueezeJohn Bollinger · dailyOUTAug 6, 2026 +2.5%Not on one close32% 12/38+4.4% / +23.8%−29.1% / −85.2%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTFeb 27, 2026 +6.7%Enter above $2,413.18 (+28.6%)29% 6/21+8.2% / +26.0%−70.7% / −73.1%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endOUTMar 31, 2026 +8.5%Not on one close21% 4/19+7.3% / +26.0%−74.6% / −73.1%
Dual MomentumGary Antonacci · month-endOUTJan 30, 2026 −12.7%Enter above $2,683.31 (+43.0%)37% 10/27+11.0% / +26.0%−67.5% / −73.1%
Stocks on the MoveAndreas F. Clenow · dailyINOct 5, 2026 +0.8%Exit below $1,798.41 (−4.1%)22% 23/105+9.2% / +19.4%−48.2% / −87.2%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTNov 28, 2025 −9.4%Enter above $2,200.57 (+17.3%)26% 9/34+3.3% / +24.6%−60.7% / −77.6%
Levy Relative StrengthRobert A. Levy · weeklyINOct 9, 2026 −0.7%Exit below $1,850.10 (−1.4%)22% 23/105+7.5% / +23.8%−66.2% / −85.2%
MACD Signal CrossGerald Appel · dailyINOct 6, 2026 +1.0%Exit below $1,616.49 (−13.8%)33% 125/380+8.5% / +22.0%−70.8% / −89.5%
Elder ImpulseAlexander Elder · dailyINOct 5, 2026 +0.8%Exit below $1,836.73 (−2.1%)32% 193/611+10.4% / +22.0%−69.5% / −89.5%
Know Sure ThingMartin J. Pring · dailyINOct 8, 2026 +1.0%Exit below $1,190.36 (−36.5%)39% 107/275+9.1% / +22.7%−65.0% / −89.5%
Coppock CurveEdwin S. C. Coppock · month-endOUTApr 30, 2026 +4.7%Enter above $1,887.62 (+0.6%)57% 4/7+23.9% / +27.5%−58.4% / −69.1%
CCI +100Donald R. Lambert · dailyOUTOct 13, 2026 0.0%Enter above $1,900.13 (+1.3%)27% 146/538−0.8% / +24.6%−74.5% / −89.5%
TRIX Signal CrossJack K. Hutson · dailyINOct 12, 2026 −0.9%Exit below $1,124.10 (−40.1%)39% 90/232+11.5% / +19.9%−62.9% / −87.2%
TSI Zero LineWilliam Blau · dailyINOct 13, 2026 0.0%Exit below $1,806.55 (−3.7%)40% 56/140+13.0% / +19.9%−57.3% / −87.2%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTSep 30, 2026 +8.5%Enter above $1,789.48 (−4.6%)39% 27/70+15.0% / +26.0%−51.2% / −73.1%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endOUTMar 31, 2026 +8.5%Not on one close17% 3/18+7.0% / +23.1%−74.6% / −69.1%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTMar 31, 2026 +8.5%Not on one close25% 4/16+10.4% / +26.0%−70.9% / −73.1%
PMO Signal CrossCarl Swenlin · dailyINOct 7, 2026 +0.2%Exit below $1,623.34 (−13.5%)33% 93/286+4.6% / +23.8%−72.3% / −85.2%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTJul 15, 2026 +1.8%Not on one close63% 24/38+10.2% / +24.9%−79.9% / −89.5%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTSep 21, 2026 +3.1%Not on one close61% 164/269+4.6% / +22.8%−32.1% / −82.7%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTOct 5, 2026 +0.8%Not on one close63% 209/331+9.8% / +22.8%−44.8% / −82.7%
Bollinger ReversionJohn Bollinger · dailyOUTOct 5, 2026 +0.8%Buy below $1,645.19 (−12.3%)59% 95/162+2.7% / +24.6%−79.5% / −89.5%
Stochastic 20/80George C. Lane · dailyOUTOct 12, 2026 −0.9%Not on one close60% 83/138+5.9% / +24.5%−83.4% / −89.5%
Williams %RLarry Williams · dailyINSep 10, 2026 −1.6%Exit below $1,873.36 (−0.1%)61% 151/249+7.7% / +24.8%−85.1% / −89.5%
DeMark 9-CountTom DeMark · dailyINSep 18, 2026 +5.0%Not on one close59% 42/71+16.1% / +24.3%−73.3% / −89.5%
Mayer MultipleTrace Mayer · dailyINMay 27, 2008 +4,355.8%Sell above $4,431.06 (+136.2%)–+22.8% / +22.8%−82.7% / −82.7%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTFeb 15, 2023 +61.8%Buy below $1,724.23 (−8.1%)67% 20/30+5.0% / +23.8%−10.6% / −85.2%
Laguerre RSIJohn F. Ehlers · dailyINOct 5, 2026 +0.8%Exit below $1,820.08 (−3.0%)47% 127/271+11.5% / +21.9%−87.0% / −89.5%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyINSep 22, 2026 +2.7%Exit below $1,855.57 (−1.1%)59% 227/385+8.3% / +21.9%−65.7% / −89.5%
IBS ReversionAlexander S. Pagonidis · dailyINOct 12, 2026 −0.9%Sell above $1,876.02 (0.0%)57% 915/1599+1.7% / +24.0%−52.7% / −89.5%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTOct 27, 2025 −17.8%Not on one close60% 57/95+8.3% / +22.8%−44.0% / −82.7%
Fisher TransformJohn F. Ehlers · dailyINOct 5, 2026 +0.8%Exit below $1,868.38 (−0.4%)39% 356/913+5.8% / +22.0%−79.9% / −89.5%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINSep 30, 2026 +8.5%Sell above $1,763.38 (−6.0%)50% 56/113+10.9% / +23.2%−81.2% / −89.5%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINOct 5, 2026 +0.8%Not on one close28% 184/661+12.2% / +24.6%−68.4% / −89.5%
Chaikin Money FlowMarc Chaikin · dailyINOct 7, 2026 +0.2%Not on one close38% 68/178+10.2% / +24.6%−70.5% / −89.5%
Money Flow IndexGene Quong & Avrum Soudack · dailyINMar 4, 2026 +6.0%Not on one close59% 24/41+9.6% / +24.9%−82.7% / −89.5%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyINNov 8, 2024 +0.2%Not on one close33% 27/81+14.4% / +24.9%−69.1% / −74.4%
Force IndexAlexander Elder · dailyINOct 5, 2026 +0.8%Exit below $1,791.51 (−4.5%)29% 160/554+9.7% / +23.8%−67.0% / −89.5%
Buff AveragesBuff Dormeier · dailyINOct 7, 2026 +0.2%Exit below $1,616.46 (−13.8%)35% 106/307+12.5% / +24.6%−65.2% / −89.5%
Chaikin OscillatorMarc Chaikin · dailyINSep 30, 2026 +8.5%Exit below $1,876.02 (0.0%)33% 192/579+0.4% / +24.6%−79.0% / −89.5%
Volume Flow IndicatorMarkos Katsanos · dailyOUTSep 28, 2026 +9.6%Not on one close35% 34/97+9.0% / +25.8%−63.3% / −73.3%
Klinger OscillatorStephen J. Klinger · dailyINOct 5, 2026 +0.8%Not on one close38% 292/769+9.2% / +22.0%−64.6% / −85.4%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyINSep 1, 2026 −4.5%Exit below $1,875.69 (0.0%)42% 45/107+1.7% / +24.6%−74.3% / −89.5%
HikkakeDaniel L. Chesler · dailyINMay 14, 2026 +16.7%Exit below $1,840.18 (−1.9%)37% 37/101+3.6% / +24.8%−61.5% / −89.5%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTOct 12, 2026 −0.9%Not on one close50% 18/36+1.9% / +24.6%−30.9% / −89.5%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 +4.7%Buys Oct 3066% 25/38+20.1% / +24.0%−60.9% / −89.5%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyINOct 5, 2026 +0.8%Window opens Apr 162% 24/39+14.6% / +22.0%−75.1% / −89.5%
Seasonal TimingSy Harding · dailyOUTApr 29, 2026 +6.2%Window opens Oct 1659% 22/37+17.8% / +22.0%−71.9% / −89.5%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −12.7%Buys Dec 2342% 16/38+3.9% / +24.0%−12.5% / −89.5%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 +0.8%Buys Oct 2954% 248/460+14.0% / +24.0%−51.5% / −89.5%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 +8.5%Sells Jun 3044% 4/9+8.8% / +24.0%−30.3% / −89.5%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −5.2%Buys Nov 2448% 169/350+1.8% / +24.0%−17.0% / −89.5%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +121.7%Not on one close39% 7/18+6.7% / +19.4%−75.9% / −88.1%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 12, 2026 −0.9%Sells Oct 1651% 1013/2001+26.3% / +24.0%−78.6% / −89.5%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 +2.0%Buys Oct 2749% 149/304+3.2% / +24.0%−20.9% / −89.5%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 +10.6%Sells Oct 1650% 236/474+12.1% / +24.0%−65.8% / −89.5%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINAug 10, 2007Always in–+24.7%−89.5%

If the market cracks: the storm test

How the storm test works
ExposureModerate3 of 10 points
  • Market swings0/3
  • Past crashes2/2
  • Debt1/3
  • Run-up0/2
  • It fell about 1.6× as far as its index in past crashes.
  • It carries 2.0× as much debt as equity.

Past crashes, peak to low

Financial crisis Oct 2007 to Nov 2008 · back to its old high Nov 2009

MELI−82%
S&P 500−57%

COVID crash Feb 2020 to Mar 2020 · back to its old high May 2020

MELI−39%
S&P 500−34%

2022 bear market Jan 2022 to Jun 2022 · back to its old high May 2023

MELI−54%
S&P 500−25%
  • Beta1.02Moves about 1.0× as much as the S&P 500 week to week.
  • Downside capture83%In months the S&P 500 fell, this fell 83% as much on average.
  • Two-year change−10%
  • From 52-week high−21%
  • Debt to equity1.96×
  • Net debt / EBITDA1.9×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover18.8×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Internet Retail · MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform.

Size and valuation
Market cap$95.1BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)$35.2BTotal sales. The market values it at 2.7× sales.
P/E ratio51.0×Buyers pay $51 for each $1 of the last year's profit.
Forward P/E33.3×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book12.1×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin7.6%Keeps 8¢ of each dollar of sales as profit.
Revenue growth+41.7%The last four quarters' sales against the four before.
Earnings growth−9.2%Same comparison for profit.
Return on equity23.8%Yearly profit as a share of shareholders' money in the business.
Free cash flow$353MCash left after running and investing in the business.
Balance sheet
Total equity$6.7BWhat it owns minus what it owes.
Total debt$13.2BLoans and bonds it has to pay back, with interest.
Cash$5.7BCash and short-term investments on hand.
Debt to equity1.96×Above about 1.5× is heavily borrowed; above 3× is fragile in a downturn.
Interest cover18.8×Interest is easily paid from profit.
Wall Street
Average analyst target$2,270.0121% above the close, from 26 analysts (range $1,750.00 to $2,800.00).
Consensus ratingBuyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.

P/E, price to sales and book, growth, margin and return on equity from the company's SEC filings for the quarter to 2026-06-30; other company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

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