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MELI
(NASDAQ)
MercadoLibre, Inc.
$1,715.52-- (--)
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MercadoLibre, Inc. (MELI) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for MercadoLibre, Inc. stock.

Analyst Consensus Rating

Investment consensus from 6 professional research analysts

Consensus Rating

Buy
Based on 6 unique analysts
(11 total ratings in last 90 days)
Medium Confidence:1 Buy/Sell

Average Price Target

$2,416.67
40.87% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest MELI Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Marvin Fong
BTIG
Strong BuyMaintains
$2650.00 $2400.00
Marcelo Santos
JP Morgan
HoldDowngrades
$2650.00 $2100.00
Andrew Ruben
Morgan Stanley
BuyMaintains
$2800.00 $2600.00
Marcelo Santos
JP Morgan
BuyMaintains
$2800.00 $2650.00
Scott Devitt
Wedbush
BuyMaintains
$2600.00 $2400.00
Deepak Mathivanan
Cantor Fitzgerald
BuyMaintains
$2750.00 $2400.00
Marvin Fong
BTIG
Strong BuyMaintains
$2750.00 $2650.00
Trevor Young
Barclays
BuyMaintains
$2900.00 $2600.00
Scott Devitt
Wedbush
BuyMaintains
$2700.00 $2600.00
Marcelo Santos
JP Morgan
BuyUpgrades
$2650.00 $2800.00
Marvin Fong
BTIG
Strong BuyReiterates
$2750.00 $2750.00

Frequently Asked Questions

What is the analyst consensus rating for MELI?

The analyst consensus rating for MELI is "Buy" based on 6 analyst recommendations.

What is the average price target for MELI?

The average 12-month price target for MELI is $2416.67, representing an upside of 40.9% from the current price of $1715.52.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.