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MercadoLibre - MELI Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $2,269.67
  • Forecasted Upside: 17.52%
  • Number of Analysts: 17
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 14 Buy Ratings
  • 1 Strong Buy Ratings
$1,931.26 As of 11/20/2024 01:00 AM ET
▲ +14.75 (0.77%)

This chart shows the closing price for MELI by one month, three months, or twelve months.

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Analyst Price Target for MELI

Analyst Price Target is $2,269.67
▲ +17.52% Upside Potential
This price target is based on 17 analysts offering 12 month price targets for MercadoLibre in the last 3 months. The average price target is $2,269.67, with a high forecast of $2,800.00 and a low forecast of $1,685.00. The average price target represents a 17.52% upside from the last price of $1,931.26.

This chart shows the closing price for MELI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 17 contributing investment analysts is to moderate buy stock in MercadoLibre. This rating has held steady since September 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 1 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 1 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 1 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/13/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$2,400.00 ➝ $2,150.00
11/12/2024BarclaysLower TargetOverweight ➝ Overweight$2,500.00 ➝ $2,200.00
11/11/2024Morgan StanleyLower TargetOverweight ➝ Overweight$2,500.00 ➝ $2,450.00
11/7/2024BTIG ResearchLower TargetBuy ➝ Buy$2,250.00 ➝ $2,200.00
11/7/2024WedbushReiterated RatingOutperform$2,000.00 ➝ $2,200.00
11/7/2024Cantor FitzgeraldLower TargetOverweight ➝ Overweight$2,530.00 ➝ $2,300.00
10/22/2024CitigroupBoost TargetBuy ➝ Buy$2,200.00 ➝ $2,480.00
10/11/2024Redburn AtlanticInitiated CoverageBuy$2,800.00
10/7/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$2,530.00 ➝ $2,530.00
10/2/2024BarclaysBoost TargetOverweight ➝ Overweight$2,100.00 ➝ $2,500.00
10/2/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$2,400.00 ➝ $2,400.00
9/27/2024Raymond JamesInitiated CoverageOutperform$2,350.00
9/23/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$2,530.00 ➝ $2,530.00
9/20/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$2,175.00 ➝ $2,500.00
9/12/2024Bank of AmericaBoost TargetBuy ➝ Buy$2,250.00 ➝ $2,500.00
9/5/2024Cantor FitzgeraldInitiated CoverageOverweight$2,530.00
8/28/2024SusquehannaBoost TargetPositive ➝ Positive$2,300.00 ➝ $2,350.00
8/21/2024BTIG ResearchBoost TargetBuy ➝ Buy$2,025.00 ➝ $2,250.00
8/19/2024SusquehannaBoost TargetPositive ➝ Positive$2,000.00 ➝ $2,300.00
8/15/2024CitigroupBoost TargetBuy ➝ Buy$2,000.00 ➝ $2,200.00
8/8/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$2,180.00 ➝ $2,480.00
8/6/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$2,150.00 ➝ $2,400.00
8/6/2024BarclaysBoost TargetOverweight ➝ Overweight$2,000.00 ➝ $2,100.00
8/2/2024BTIG ResearchBoost TargetBuy ➝ Buy$1,885.00 ➝ $2,025.00
7/11/2024Dbs BankUpgradeHold ➝ Strong-Buy
5/24/2024New Street ResearchDowngradeBuy ➝ Neutral
5/20/2024Jefferies Financial GroupUpgradeHold ➝ Buy$1,400.00 ➝ $2,100.00
5/13/2024BarclaysBoost TargetOverweight ➝ Overweight$1,800.00 ➝ $2,000.00
5/3/2024WedbushReiterated RatingOutperform ➝ Outperform$1,800.00
4/24/2024WedbushLower TargetOutperform ➝ Outperform$2,000.00 ➝ $1,800.00
4/23/2024DZ BankUpgradeHold ➝ Buy$1,685.00
4/17/2024UBS GroupLower TargetBuy ➝ Buy$1,900.00 ➝ $1,800.00
4/3/2024BarclaysLower TargetOverweight ➝ Overweight$2,000.00 ➝ $1,800.00
3/27/2024CitigroupLower TargetBuy ➝ Buy$1,990.00 ➝ $1,940.00
3/5/2024WedbushReiterated RatingOutperform ➝ Outperform$2,000.00
2/27/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$2,000.00 ➝ $2,150.00
2/23/2024SusquehannaBoost TargetPositive ➝ Positive$1,850.00 ➝ $2,000.00
2/23/2024BarclaysBoost TargetOverweight ➝ Overweight$1,900.00 ➝ $2,000.00
2/23/2024WedbushBoost TargetOutperform ➝ Outperform$1,800.00 ➝ $2,000.00
1/3/2024CitigroupBoost TargetBuy ➝ Buy$1,550.00 ➝ $1,900.00
12/27/2023WedbushBoost TargetOutperform ➝ Outperform$1,700.00 ➝ $1,800.00
11/28/2023SusquehannaBoost TargetPositive ➝ Positive$1,625.00 ➝ $1,850.00
11/27/2023Bank of AmericaUpgradeNeutral ➝ Buy$2,000.00
11/2/2023WedbushReiterated RatingOutperform ➝ Outperform$1,500.00
9/18/2023SusquehannaBoost TargetPositive ➝ Positive$1,500.00 ➝ $1,620.00
9/1/2023New Street ResearchUpgradeNeutral ➝ Buy$1,400.00 ➝ $1,650.00
8/30/2023UBS GroupBoost TargetBuy ➝ Buy$1,600.00 ➝ $1,700.00
8/21/2023WedbushInitiated CoverageOutperform$1,500.00
8/9/2023The Goldman Sachs GroupBoost TargetBuy ➝ Buy$1,910.00 ➝ $2,180.00
8/9/2023CitigroupBoost Target$1,500.00 ➝ $1,550.00
8/8/2023BarclaysBoost TargetOverweight ➝ Overweight$1,575.00 ➝ $1,625.00
8/7/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$1,700.00 ➝ $2,000.00
7/31/2023Credit Suisse GroupBoost TargetOutperform ➝ Outperform$1,730.00 ➝ $1,760.00
7/25/2023Jefferies Financial GroupLower TargetHold$1,400.00 ➝ $1,300.00
7/10/2023Wolfe ResearchLower Target$1,700.00 ➝ $1,400.00
7/10/2023Bank of AmericaDowngradeBuy ➝ Neutral$1,680.00 ➝ $1,350.00
6/8/2023CitigroupBoost Target$1,460.00 ➝ $1,500.00
5/8/2023JPMorgan Chase & Co.Boost Target$1,600.00 ➝ $1,700.00
5/4/2023BTIG ResearchBoost Target$1,400.00 ➝ $1,600.00
5/4/2023BarclaysBoost Target$1,525.00 ➝ $1,575.00
5/2/2023Credit Suisse GroupLower Target$1,750.00 ➝ $1,700.00
4/13/2023Bank of AmericaBoost TargetBuy$1,400.00 ➝ $1,680.00
4/13/2023BarclaysBoost TargetOverweight$1,475.00 ➝ $1,525.00
4/6/2023New Street ResearchDowngradeBuy ➝ Neutral$1,350.00
3/31/2023Morgan StanleyBoost Target$1,620.00 ➝ $1,770.00
3/3/2023CitigroupBoost Target$1,100.00 ➝ $1,460.00
2/24/2023BTIG ResearchBoost TargetBuy$1,245.00 ➝ $1,400.00
2/24/2023BarclaysBoost TargetOverweight$1,250.00 ➝ $1,475.00
2/21/2023Credit Suisse GroupBoost TargetOutperform$1,450.00 ➝ $1,685.00
1/13/2023BTIG ResearchBoost TargetBuy$1,130.00 ➝ $1,245.00
12/23/2022CitigroupBoost Target$1,050.00 ➝ $1,100.00
11/3/2022CitigroupLower TargetBuy$1,150.00 ➝ $1,050.00
10/31/2022Credit Suisse GroupLower TargetOutperform$1,470.00 ➝ $1,400.00
10/6/2022Jefferies Financial GroupLower TargetHold$990.00 ➝ $970.00
8/8/2022JPMorgan Chase & Co.Boost Target$1,300.00 ➝ $1,350.00
8/4/2022BarclaysLower TargetOverweight$1,500.00 ➝ $1,250.00
8/4/2022Credit Suisse GroupBoost TargetOutperform$1,430.00 ➝ $1,470.00
7/21/2022Jefferies Financial GroupLower Target$850.00 ➝ $800.00
7/15/2022Stifel NicolausLower Target$1,200.00 ➝ $1,000.00
7/6/2022New Street ResearchInitiated CoverageBuy ➝ Buy$1,700.00 ➝ $1,100.00
6/9/2022CitigroupLower TargetBuy$1,500.00 ➝ $1,150.00
6/6/2022KGI SecuritiesInitiated CoverageOutperform
5/2/2022Credit Suisse GroupLower Target$1,685.00 ➝ $1,440.00
4/12/2022CitigroupLower TargetBuy$1,750.00 ➝ $1,500.00
2/25/2022Bradesco CorretoraUpgradeNeutral ➝ Outperform
2/23/2022Susquehanna BancsharesLower TargetPositive$1,990.00 ➝ $1,750.00
2/23/2022Stifel NicolausLower TargetBuy$1,600.00 ➝ $1,400.00
2/23/2022SusquehannaLower TargetPositive$1,990.00 ➝ $1,750.00
2/23/2022Credit Suisse GroupBoost Target$1,675.00 ➝ $1,685.00
2/22/2022Credit Suisse GroupLower TargetOutperform$2,200.00 ➝ $1,675.00
1/18/2022BTIG ResearchLower Target$1,930.00 ➝ $1,550.00
1/12/2022Stifel NicolausLower Target$2,200.00 ➝ $1,600.00
1/7/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$2,000.00 ➝ $1,250.00
11/5/2021Credit Suisse GroupBoost TargetOutperform$2,100.00 ➝ $2,200.00
11/5/2021BarclaysBoost TargetOverweight$2,100.00 ➝ $2,200.00
10/25/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$2,050.00 ➝ $2,100.00
10/1/2021Credit Suisse GroupReiterated RatingBuy$2,100.00
8/5/2021BarclaysBoost TargetOverweight$2,000.00 ➝ $2,100.00
8/5/2021BTIG ResearchBoost TargetBuy$1,720.00 ➝ $1,930.00
8/3/2021Credit Suisse GroupBoost TargetOutperform$1,824.00 ➝ $2,050.00
7/9/2021DZ BankInitiated CoverageBuy$1,900.00
6/28/2021BarclaysInitiated CoverageBuy$2,000.00
6/7/2021CitigroupBoost TargetBuy$2,150.00 ➝ $2,250.00
5/10/2021Credit Suisse GroupLower TargetOutperform$1,850.00 ➝ $1,824.00
5/6/2021Stifel NicolausUpgradeHold ➝ Buy$1,800.00
5/3/2021Credit Suisse GroupLower TargetOutperform$1,925.00 ➝ $1,850.00
3/31/2021Wolfe ResearchInitiated CoverageOutperform$1,800.00
3/11/2021BTIG ResearchUpgradeNeutral ➝ Buy$1,720.00
3/9/2021JPMorgan Chase & Co.Boost TargetPositive ➝ Overweight$1,640.00 ➝ $1,730.00
3/1/2021Credit Suisse GroupBoost TargetOutperform$1,555.00 ➝ $1,925.00
2/11/2021ScotiabankInitiated CoverageSector Perform$2,050.00
1/28/2021Bradesco CorretoraDowngradeOutperform ➝ Neutral$2,000.00
1/27/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$1,530.00 ➝ $2,200.00
1/20/2021CitigroupBoost Target$1,300.00 ➝ $2,150.00
1/19/2021HSBCBoost TargetBuy$1,800.00 ➝ $2,100.00
12/22/2020SantanderUpgradeHold ➝ Buy$1,980.00
12/16/2020BTIG ResearchDowngradeBuy ➝ Neutral
11/9/2020JPMorgan Chase & Co.Boost TargetOverweight$1,370.00 ➝ $1,640.00
11/5/2020BTIG ResearchReiterated RatingBuy$1,260.00 ➝ $1,550.00
11/5/2020UBS GroupBoost TargetBuy$1,400.00 ➝ $1,530.00
11/5/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$1,500.00 ➝ $1,530.00
11/5/2020BarclaysBoost TargetOverweight$1,350.00 ➝ $1,460.00
11/3/2020Credit Suisse GroupLower TargetOutperform$1,484.00 ➝ $1,450.00
10/27/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$1,330.00 ➝ $1,500.00
10/26/2020Jefferies Financial GroupBoost TargetBuy$1,350.00 ➝ $1,560.00
10/19/2020New Street ResearchInitiated CoverageBuy$1,450.00
10/14/2020BarclaysBoost TargetOverweight$1,340.00 ➝ $1,350.00
9/28/2020Jefferies Financial GroupUpgradeHold ➝ Buy$1,190.00 ➝ $1,350.00
8/11/2020UBS GroupBoost TargetBuy$1,040.00 ➝ $1,400.00
8/11/2020BTIG ResearchBoost TargetBuy$980.00 ➝ $1,260.00
8/11/2020Credit Suisse GroupBoost TargetOutperform$1,255.00 ➝ $1,484.00
8/11/2020Susquehanna BancsharesUpgradeNeutral ➝ Positive$630.00 ➝ $1,300.00
8/11/2020BarclaysBoost TargetOverweight$1,210.00 ➝ $1,340.00
8/10/2020Stifel NicolausReiterated RatingHold$750.00 ➝ $1,125.00
7/30/2020Credit Suisse GroupBoost TargetOutperform$770.00 ➝ $1,255.00
7/20/2020Bradesco CorretoraUpgradeNeutral ➝ Outperform$985.00 ➝ $1,250.00
6/9/2020Bank of AmericaBoost TargetBuy$800.00 ➝ $1,100.00
6/4/2020UBS GroupBoost TargetBuy$670.00 ➝ $1,040.00
6/1/2020BTIG ResearchBoost TargetPositive ➝ Buy$775.00 ➝ $980.00
5/20/2020JPMorgan Chase & Co.Boost Target$800.00 ➝ $1,000.00
5/6/2020Bank of AmericaBoost TargetBuy$650.00 ➝ $800.00
5/6/2020CitigroupUpgradeNeutral ➝ Buy
5/6/2020BarclaysBoost TargetOverweight$620.00 ➝ $810.00
5/6/2020Stifel NicolausReiterated RatingHold$655.00 ➝ $750.00
5/4/2020Credit Suisse GroupLower TargetOutperform$760.00 ➝ $720.00
4/22/2020Susquehanna BancsharesDowngradePositive ➝ Neutral$630.00
4/1/2020Cantor FitzgeraldInitiated CoverageOverweight$548.00
2/27/2020JPMorgan Chase & Co.Boost TargetPositive ➝ Overweight$700.00 ➝ $800.00
2/20/2020BTIG ResearchReiterated RatingBuy$820.00
2/11/2020CitigroupDowngradeBuy ➝ Neutral$645.00 ➝ $660.00
2/7/2020Credit Suisse GroupBoost TargetOutperform$680.00 ➝ $750.00
2/6/2020Jefferies Financial GroupInitiated CoverageHold$700.00
2/5/2020Susquehanna BancsharesUpgradeNeutral ➝ Positive$500.00 ➝ $820.00
1/26/2020BarclaysReiterated RatingBuy$720.00
1/22/2020Piper SandlerBoost TargetOverweight$675.00 ➝ $760.00
1/21/2020Bradesco CorretoraDowngradeOutperform ➝ Neutral$735.00
1/7/2020Morgan StanleyReiterated RatingOverweight$710.00
12/30/2019Itau BBA SecuritiesUpgradeUnderperform ➝ Market Perform
12/4/2019Deutsche Bank AktiengesellschaftReiterated RatingBuy$653.00 ➝ $670.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.98 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 39 very positive mentions
  • 24 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 44 very positive mentions
  • 33 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 54 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 45 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 47 very positive mentions
  • 53 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 44 very positive mentions
  • 34 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 51 very positive mentions
  • 39 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 77 very positive mentions
  • 43 positive mentions
  • 10 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 77 very positive mentions
  • 43 positive mentions
  • 10 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

MercadoLibre logo
MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
Read More

Today's Range

Now: $1,931.26
Low: $1,905.74
High: $1,944.34

50 Day Range

MA: $2,031.02
Low: $1,774.05
High: $2,140.10

52 Week Range

Now: $1,931.26
Low: $1,324.99
High: $2,161.73

Volume

439,283 shs

Average Volume

368,356 shs

Market Capitalization

$97.91 billion

P/E Ratio

68.15

Dividend Yield

N/A

Beta

1.61

Frequently Asked Questions

What sell-side analysts currently cover shares of MercadoLibre?

The following Wall Street analysts have issued stock ratings on MercadoLibre in the last year: Bank of America Co., Barclays PLC, BTIG Research, Cantor Fitzgerald, Citigroup Inc., Dbs Bank, DZ Bank AG, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, New Street Research, Raymond James, Redburn Atlantic, StockNews.com, Susquehanna, The Goldman Sachs Group, Inc., UBS Group AG, and Wedbush.
View the latest analyst ratings for MELI.

What is the current price target for MercadoLibre?

0 Wall Street analysts have set twelve-month price targets for MercadoLibre in the last year. Their average twelve-month price target is $2,269.67, suggesting a possible upside of 17.5%. Redburn Atlantic has the highest price target set, predicting MELI will reach $2,800.00 in the next twelve months. DZ Bank AG has the lowest price target set, forecasting a price of $1,685.00 for MercadoLibre in the next year.
View the latest price targets for MELI.

What is the current consensus analyst rating for MercadoLibre?

MercadoLibre currently has 2 hold ratings, 14 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MELI.

What other companies compete with MercadoLibre?

Other companies that are similar to MercadoLibre include Fidelity National Information Services, MSCI, CoStar Group, Global Payments and eBay. Learn More about companies similar to MercadoLibre.

How do I contact MercadoLibre's investor relations team?

MercadoLibre's physical mailing address is ARIAS 3751 7TH FLOOR, BUENOS AIRES C1, C1430CRG. The company's listed phone number is (982) 927-2770 and its investor relations email address is [email protected]. The official website for MercadoLibre is www.mercadolibre.com. Learn More about contacing MercadoLibre investor relations.