MELI is trading at $1,560 (-4.44%) as shares extend their decline following a Q1 2026 earnings report that highlighted margin compression. Despite a revenue beat of $8.85B, the stock remains under pressure after a significant 12.7% drop on May 8 triggered by weakened profitability.
- The stock is now down 5% YTD, erasing a 4.32% momentum gain seen in the week leading up to the report.
- Shares are currently trading 30% below analyst price targets as investors weigh top-line growth against compressed margins.