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MELI MercadoLibre, Inc. - Fundamental Analysis

NEUTRAL
MELI Stock | Fundamental Analysis & Investment Insights
NASDAQ Consumer Cyclical Internet Retail
Current Price
$1973.7
Analyst Target
$2815.08
+42.6% Upside
52W High
$2645.22
52W Low
$1723.9

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Confidence Score
72%
Analysis Accuracy
MELI's financial health is mixed, with a weak Piotroski F-Score of 4/9 indicating moderate stability, but an extraordinarily high Altman Z-Score of 159017434470.4 suggesting negligible bankruptcy risk. The stock trades at a significant premium to its Graham Number of $337.33, with a current price of $1973.70, reflecting high growth expectations despite decelerating earnings growth and inconsistent recent earnings beats. Strong revenue growth of 39.5% YoY and high ROE of 40.65% are offset by elevated valuation multiples and negative insider activity. Analysts maintain a strong_buy consensus, but technical trends and insider selling suggest caution near-term.

Key Strengths

Exceptionally high Altman Z-Score indicates near-zero bankruptcy risk and robust balance sheet resilience
Outstanding revenue growth of 39.5% YoY, significantly above sector average of 13.83%
High return on equity (ROE) of 40.65%, demonstrating efficient use of shareholder capital
Gross margin of 50.36% reflects strong pricing power and scalable business model
Analyst target price of $2815.08 implies 42.6% upside, supported by 26 analysts' strong_buy rating

Key Risks

Piotroski F-Score of 4/9 indicates weak financial health, particularly in profitability and leverage trends
Current price of $1973.70 is 487% above Graham Number ($337.33), implying extreme overvaluation on defensive metrics
Earnings growth (6.1% YoY) lags far behind revenue growth, raising margin sustainability concerns
Insider selling activity over last 6 months signals bearish sentiment from corporate insiders
Technical trend score of 0/100 and 6-month price decline of 21.5% reflect strong bearish momentum
AI Fair Value Estimate
Based on comprehensive analysis
$662.96
-66.4% below current price

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