Why Billionaire Stanley Druckenmiller Ditched Broadcom for MercadoLibre (MELI) Stock
MercadoLibre continues to dominate Latin America’s e-commerce and digital payments market. The company’s latest financial results show strong growth, with revenue rising by 39% in Q3 2025. Investors are taking notice, including billionaire fund manager Stanley Druckenmiller, who recently added the stock to his portfolio.
The Buenos Aires-based firm reported $7.4 billion in revenue for the third quarter of 2025. This marks a 39% jump from the same period last year, extending its streak of 30%+ revenue growth for 27 straight quarters. Analysts remain optimistic, setting a median price target of $2,842—a 42% increase from its current valuation of 49 times earnings.
The company’s expansion comes as Latin America’s e-commerce market grows rapidly. Projections suggest a 17.4% annual increase through 2030, with MercadoLibre already holding a 28% market share. By 2026, its share is expected to climb to 30%, reinforcing its position as the region’s leading online retailer. Beyond e-commerce, MercadoLibre dominates digital payments in Latin America. It operates the fastest and most extensive delivery network in the region while also expanding financial services. In Argentina, it recently launched a credit card aimed at the 60% of adults who lack access to traditional credit. With a population of 668 million across Latin America and the Caribbean, the company sees significant room for further growth. The stock has delivered extraordinary returns since its 2007 IPO, surging by 6,910%. Druckenmiller’s Q3 2025 investment in MercadoLibre aligns with his strategy of shifting away from tech giants like Broadcom and Microsoft. His fund also acquired stakes in Amazon, Alphabet, and Meta during the same period, but MercadoLibre stands out as a key addition in the region’s booming digital economy.
MercadoLibre’s consistent growth and expanding market presence have made it a standout in Latin America’s digital economy. With a strong financial track record and increasing investor confidence, the company is well-positioned to capitalise on the region’s rapid e-commerce and fintech expansion. Analysts and high-profile investors alike see further upside ahead.
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