Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Teladoc (NYSE: TDOC) and the best and worst performers in the online marketplace industry.
Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition.
The 11 online marketplace stocks we track reported a satisfactory Q2. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 1.8% below.
While some online marketplace stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 5% since the latest earnings results.
Teladoc (NYSE: TDOC)
Founded to help people in rural areas get online medical consultations, Teladoc Health (NYSE: TDOC) is a telemedicine platform that facilitates remote doctor’s visits.
Teladoc reported revenues of $606.9 million, down 4% year on year. This print fell short of analysts’ expectations by 1.3%. Overall, it was a softer quarter for the company with revenue guidance for next quarter missing analysts’ expectations significantly and EBITDA guidance for next quarter missing analysts’ expectations significantly.
“We continue to make progress on the priorities we believe are most important to the long-term success of Teladoc Health. Our second-quarter results were within our guidance ranges on a consolidated basis and reflected distinct dynamics across our two segments,” said Chuck Divita, Chief Executive Officer of Teladoc Health.
Teladoc delivered the weakest performance against analyst estimates, weakest guidance update, and slowest revenue growth in the group. The market seems disappointed with the results as the stock is down 28.2% since reporting and currently trades at $6.59.
Read our full report on Teladoc here, it’s free.
Best Q2: Etsy (NYSE: ETSY)
Founded by a struggling amateur furniture maker Robert Kalin and his two friends, Etsy (NYSE: ETSY) is one of the world’s largest online marketplaces, focusing on handmade or vintage items.
Etsy reported revenues of $668.3 million, up 6.2% year on year, outperforming analysts’ expectations by 3.4%. The business had an exceptional quarter with a solid beat of analysts’ EBITDA estimates.
Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 13.7% since reporting. It currently trades at $74.12.
Is now the time to buy Etsy? Access our full analysis of the earnings results here, it’s free.
LegalZoom (NASDAQ: LZ)
Founded by famous lawyer Robert Shapiro, LegalZoom (NASDAQ: LZ) offers online legal services and documentation assistance for individuals and businesses.
LegalZoom reported revenues of $205.3 million, up 6.6% year on year, in line with analysts’ expectations. It was a softer quarter as it posted revenue guidance for next quarter missing analysts’ expectations significantly and EBITDA guidance for next quarter missing analysts’ expectations significantly.
As expected, the stock is down 23% since the results and currently trades at $6.24.
Read our full analysis of LegalZoom’s results here.
ACV Auctions (NYSE: ACVA)
Founded in 2014, ACV Auctions (NYSE: ACVA) is an online auction marketplace for car dealers and wholesalers to buy and sell used cars.
ACV Auctions reported revenues of $213.9 million, up 10.4% year on year. This print missed analysts’ expectations by 0.6%. Overall, it was a slower quarter as it also logged EBITDA guidance for next quarter missing analysts’ expectations and full-year revenue guidance meeting analysts’ expectations.
ACV Auctions scored the highest full-year guidance raise among its peers. The stock is up 43.6% since reporting and currently trades at $10.43.
Read our full, actionable report on ACV Auctions here, it’s free.
MercadoLibre (NASDAQ: MELI)
Originally started as an online auction platform, MercadoLibre (NASDAQ: MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America.
MercadoLibre reported revenues of $10.17 billion, up 49.8% year on year. This number surpassed analysts’ expectations by 4.5%. Overall, it was an exceptional quarter as it also produced a solid beat of analysts’ EBITDA estimates and impressive growth in its users.
MercadoLibre achieved the fastest revenue growth of the whole group. The company reported 89 million daily active users, up 25.4% year on year. The stock is down 4.5% since reporting and currently trades at $1,837.
Read our full, actionable report on MercadoLibre here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
