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Why is MELI stock moving?

MercadoLibre, Inc. · end-of-day data as of Oct 16, 2026

MercadoLibre, Inc.
MELI · $92.98B
$1,834.00+1.8%last 60 sessions · close Oct 16, 2026
$1,546.81$2,360.7652 weeks
Buy · 28 analystsPT $2,195.93 +19.7%
  • P/E vs own-0.2%
  • P/E vs sector+156.3%
  • Target upside+19.7%
  • Off 52w high-22.3%
  • InsidersNone in 90d
  • FCF yield+12.6%
  • Earnings in19d
  • Trendsideways
  • Sector▼ -2.7%
  • RSI50
  • MA20×50↑ in ~33d
  • Volume0.5x
  • Support-3.2%
  • Resistance+1.0%

The move, split

MercadoLibre, Inc. (MELI) fell 1.2% on Oct 16, 2026.

The market (SPY) fell 1.1%; Consumer Cyclical stocks fell 0.4%. Most of the move came from the market as a whole.

Market (SPY)-1.1%
Consumer Cyclical sector+0.7%
MELI specific-0.9%

3 stories on the day (30-day average 1.5).

Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.

Context

  • News
  • Volume0.5x
  • Off 52w high-22.3%
  • Sector▼ -2.7%
  • Earnings in19d

Latest news

Sentiment classified by AI from the headline (green positive, red negative). Links open the publisher.