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Morningstar

Morningstar

•

Oct 26, 2026

MercadoLibre, Inc.: Brazilian Elections Results Send Financial Services Stocks Spiraling

Symbols

MELI

Sector(s)

Consumer Cyclical

Rating

Current Price

1676.79

Fair Value

Economic Moat

Stewardship

Summary

MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. The company is roughly split between its e-commerce business, which includes its fulfillment and advertising

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