MercadoLibre is growing faster than it has in four years. For the first time, revenue has exceeded $10 billion per quarter. Despite this, the stock has fallen 30% from its peak.
We expect continued strong growth and a 10% EBIT margin in the long term. However, the high country risk is weighing on the valuation.
Our conclusion: Strong growth, too high a price. Despite the positive outlook, the stock is currently overpriced.
Great webinar.
Happily, I invested in MELI at $100 ($5billion market cap).
I’ve also loved the company.
CEO (Harvard MBA) just copied AMZN & EBAY has continued to follow its lead.
Biggest risk was AMZN heading south of the border but MELI seems to have withstood the challenge.
I’ve also wondered why AMZN (or Alibaba) buy the company.
Agree MELI should be a 10 bagger over time.
That would make it a 200 bagger for me.
Look forward to more in depth stories.
Long may L’avventura continua!
Hi Jan,
I am rooting for your first (?) 200-bagger.
People really seem to like this webinar. We'll continue doing things like this going forward!
Thank you Kris & CQ for this deep dive! I am already invested in Meli and will keep adding to my position!
We appreciate it, Steven!
Very interesting and solid insights, but not good enough to be part of the CQ portfolio?
I think MercadoLibre is an amazing business. It's less within my personal circle of competence. Please note that it's the largest position for Kris!
Interesting webinar! Picked up some MELI stock early May and holding on to them!
Happy Compounding!
Good points.
Our view mid of August 2026:
MercadoLibre is growing faster than it has in four years. For the first time, revenue has exceeded $10 billion per quarter. Despite this, the stock has fallen 30% from its peak.
We expect continued strong growth and a 10% EBIT margin in the long term. However, the high country risk is weighing on the valuation.
Our conclusion: Strong growth, too high a price. Despite the positive outlook, the stock is currently overpriced.