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MELI
LONGSHORTINSIDER BUYMERCADOLIBRE INC
Buyers
4
4.50
Sellers
3
3.00
vs SPY
-18.3%
Stock return (since Q-end)
-1.9%
SPY return (since Q-end)
+16.3%
Current price
$1695.65
News Summary
NegativeMercadoLibre delivered record 49% revenue growth in Q1 2026 and announced aggressive $10.9B investment in Brazil plus $3.4B in Argentina, signaling confidence in long-term expansion. However, the company missed EPS by 6% ($8.23 vs. $8.75 consensus), operating income fell 20% YoY, and operating margins compressed 600bps to 6.9% due to heavy investments, prompting multiple analyst downgrades and a 8% consensus EPS cut for full-year 2026.
Red flags
- •EPS miss of $0.52 (6% below consensus) despite revenue beat
- •Operating income declined 20% YoY; operating margin compressed 600bps to 6.9%
- •Consensus 2026 EPS forecast cut significantly from $48.14 to $41.42 (14% reduction)
- •Multiple major analyst downgrades post-earnings: UBS to Neutral, Citigroup to Neutral, Daiwa to Hold
- •Margin recovery not expected until 2027 per UBS, creating extended earnings headwinds
- •New CEO transition (Galperin to Chairman) occurring amid execution challenges
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| D1 Capital | Dan Sundheim | 374K | +149K | $646.1B | +66% | Existing |
| Durable Capital Partners | Henry Ellenbogen | 351K | +43K | $606.6B | +14% | Existing |
| Tiger Global | Chase Coleman | 135K | +135K | $233.4B | — | NEW |
| Maverick Capital | Lee Ainslie | 27K | +745 | $46.5B | +3% | Existing |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Funds Reducing / Exiting (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Duquesne Family Office | Stanley Druckenmiller | 3K | -44,355 | $5M | -94% | Existing |
| Dragoneer | Marc Stad | 0 | — | — | -100% | EXITED |
| Altimeter Capital | Brad Gerstner | 0 | — | — | -100% | EXITED |
Shares Held reflects quarter-end positions for partial reductions. Funds that fully exited show 0 shares held. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| Aguzin Alejandro Nicolas | — | BUY | 95 | $1655.01 | $0.16M | 2026-05-22 |
| Aguzin Alejandro Nicolas | — | BUY | 505 | $1656.10 | $0.84M | 2026-05-22 |