MELI vs MU: Which Is the Better Buy?
Side-by-side comparison of MercadoLibre, Inc. and Micron Technology, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-25.
MercadoLibre, Inc. · Consumer Cyclical
$1,828.94
+25.8% upside to fair value
Med Conviction
Grade B+
High Quality
VS
Micron Technology, Inc. · Technology
$1,080.53
+4.1% upside to fair value
Med Conviction
Grade C
High Quality
QuantHub Verdict
MELI has more upside to fair value
(+25.8%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
MELI |
MU |
| Current Price |
$1,828.94 |
$1,080.53 |
| Fair Value Estimate |
$2,300.00 |
$1,124.98 |
| Upside to Fair Value |
+25.8%
|
+4.1%
|
| Market Cap |
$92.7B |
$1,220.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
33.0x
|
17.6x
|
| Price / Sales |
2.6x
|
13.5x
|
| Price / FCF |
7.4x
|
46.6x
|
| Revenue Growth YoY |
+49.8%
|
+345.7%
|
| Gross Margin |
42.7%
|
72.6%
|
| Operating Margin |
8.3%
|
65.7%
|
| Return on Equity |
26.5%
|
70.5%
|
| Dividend Yield |
0% |
0.05% |
| FCF Yield |
13.44%
|
2.15%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
MercadoLibre operates Latin America's leading ecommerce marketplace alongside Mercado Pago payments, credit, logistics, advertising and loyalty products, creating a broad ecosystem with meaningful network effects and cross-sell. Business momentum remains strong: revenue and financial income grew 49.8% year over year in the most recent quarter to $10.169 billion, GMV increased 44%, TPV rose 56%, a…
Micron Technology is a global leader in advanced semiconductor memory and storage, operating across Compute and Networking, Mobile, Storage, and Embedded segments with DRAM, NAND, and NOR products sold under the Micron and Crucial brands to cloud, data center, mobile, automotive, and consumer markets. The business quality is high on current fundamentals: TTM gross margin is 72.6%, TTM operating m…
Accumulation Zones
| Metric |
MELI |
MU |
| Zone Low |
$1,725.00 |
$843.74 |
| Zone High |
$1,955.00 |
$956.23 |
| In Buy Zone? |
Yes
|
No
|