MercadoLibre - MELI Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Moderate Buy
Consensus Price Target: $1,790.36
Forecasted Upside: 31.27%
Number of Analysts: 12
Breakdown:
0 Sell Ratings
1 Hold Ratings
11 Buy Ratings
0 Strong Buy Ratings

^$1,363.83 As of 04/25/2024 01:00 AM ET

▼ -6.17 (-0.45%)

1 month | 3 months | 12 months

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Analyst Price Target for MELI

^$1,790.36

▲ +31.27% Upside Potential

This price target is based on 12 analysts offering 12 month price targets for MercadoLibre in the last 3 months. The average price target is $1,790.36, with a high forecast of $2,180.00 and a low forecast of $1,300.00. The average price target represents a 31.27% upside from the last price of $1,363.83.

Current Consensus is Moderate Buy

The current consensus among 12 polled investment analysts is to moderate buy stock in MercadoLibre. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

11/1/2022

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

1/30/2023

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

4/30/2023

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

7/29/2023

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

10/27/2023

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

1/25/2024

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/25/2024

0 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

4/24/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/24/2024	Wedbush	Lower Target	Outperform ➝ Outperform	$2,000.00 ➝ $1,800.00	Low
4/23/2024	DZ Bank	Upgrade	Hold ➝ Buy	$1,685.00	Low
4/17/2024	UBS Group	Lower Target	Buy ➝ Buy	$1,900.00 ➝ $1,800.00	Low
4/3/2024	Barclays	Lower Target	Overweight ➝ Overweight	$2,000.00 ➝ $1,800.00	Low
3/27/2024	Citigroup	Lower Target	Buy ➝ Buy	$1,990.00 ➝ $1,940.00	Low
3/5/2024	Wedbush	Reiterated Rating	Outperform ➝ Outperform	$2,000.00	Low
2/27/2024	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$2,000.00 ➝ $2,150.00	Low
2/23/2024	Susquehanna	Boost Target	Positive ➝ Positive	$1,850.00 ➝ $2,000.00	Low
2/23/2024	Barclays	Boost Target	Overweight ➝ Overweight	$1,900.00 ➝ $2,000.00	Low
2/23/2024	Wedbush	Boost Target	Outperform ➝ Outperform	$1,800.00 ➝ $2,000.00	Low
1/3/2024	Citigroup	Boost Target	Buy ➝ Buy	$1,550.00 ➝ $1,900.00	Low
12/27/2023	Wedbush	Boost Target	Outperform ➝ Outperform	$1,700.00 ➝ $1,800.00	Low
11/28/2023	Susquehanna	Boost Target	Positive ➝ Positive	$1,625.00 ➝ $1,850.00	Low
11/27/2023	Bank of America	Upgrade	Neutral ➝ Buy	$2,000.00	Low
11/2/2023	Wedbush	Reiterated Rating	Outperform ➝ Outperform	$1,500.00	Low
9/18/2023	Susquehanna	Boost Target	Positive ➝ Positive	$1,500.00 ➝ $1,620.00	Low
9/1/2023	New Street Research	Upgrade	Neutral ➝ Buy	$1,400.00 ➝ $1,650.00	Low
8/30/2023	UBS Group	Boost Target	Buy ➝ Buy	$1,600.00 ➝ $1,700.00	Low
8/21/2023	Wedbush	Initiated Coverage	Outperform	$1,500.00	Low
8/9/2023	The Goldman Sachs Group	Boost Target	Buy ➝ Buy	$1,910.00 ➝ $2,180.00	N/A
8/9/2023	Citigroup	Boost Target		$1,500.00 ➝ $1,550.00	Low
8/8/2023	Barclays	Boost Target	Overweight ➝ Overweight	$1,575.00 ➝ $1,625.00	Low
8/7/2023	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$1,700.00 ➝ $2,000.00	Low
7/31/2023	Credit Suisse Group	Boost Target	Outperform ➝ Outperform	$1,730.00 ➝ $1,760.00	Low
7/25/2023	Jefferies Financial Group	Lower Target	Hold	$1,400.00 ➝ $1,300.00	Low
7/10/2023	Wolfe Research	Lower Target		$1,700.00 ➝ $1,400.00	Low
7/10/2023	Bank of America	Downgrade	Buy ➝ Neutral	$1,680.00 ➝ $1,350.00	Low
6/8/2023	Citigroup	Boost Target		$1,460.00 ➝ $1,500.00	Low
5/8/2023	JPMorgan Chase & Co.	Boost Target		$1,600.00 ➝ $1,700.00	Low
5/4/2023	BTIG Research	Boost Target		$1,400.00 ➝ $1,600.00	Low
5/4/2023	Barclays	Boost Target		$1,525.00 ➝ $1,575.00	Low
5/2/2023	Credit Suisse Group	Lower Target		$1,750.00 ➝ $1,700.00	Low
4/13/2023	Bank of America	Boost Target	Buy	$1,400.00 ➝ $1,680.00	Low
4/13/2023	Barclays	Boost Target	Overweight	$1,475.00 ➝ $1,525.00	Low
4/6/2023	New Street Research	Downgrade	Buy ➝ Neutral	$1,350.00	Low
3/31/2023	Morgan Stanley	Boost Target		$1,620.00 ➝ $1,770.00	Low
3/3/2023	Citigroup	Boost Target		$1,100.00 ➝ $1,460.00	Low
2/24/2023	BTIG Research	Boost Target	Buy	$1,245.00 ➝ $1,400.00	Low
2/24/2023	Barclays	Boost Target	Overweight	$1,250.00 ➝ $1,475.00	Low
2/21/2023	Credit Suisse Group	Boost Target	Outperform	$1,450.00 ➝ $1,685.00	Low
1/13/2023	BTIG Research	Boost Target	Buy	$1,130.00 ➝ $1,245.00	Low
12/23/2022	Citigroup	Boost Target		$1,050.00 ➝ $1,100.00	Low
11/3/2022	Citigroup	Lower Target	Buy	$1,150.00 ➝ $1,050.00	Low
10/31/2022	Credit Suisse Group	Lower Target	Outperform	$1,470.00 ➝ $1,400.00	Low
10/6/2022	Jefferies Financial Group	Lower Target	Hold	$990.00 ➝ $970.00	Low
8/8/2022	JPMorgan Chase & Co.	Boost Target		$1,300.00 ➝ $1,350.00	Low
8/4/2022	Barclays	Lower Target	Overweight	$1,500.00 ➝ $1,250.00	N/A
8/4/2022	Credit Suisse Group	Boost Target	Outperform	$1,430.00 ➝ $1,470.00	Low
7/21/2022	Jefferies Financial Group	Lower Target		$850.00 ➝ $800.00	Low
7/15/2022	Stifel Nicolaus	Lower Target		$1,200.00 ➝ $1,000.00	Low
7/6/2022	New Street Research	Initiated Coverage	Buy ➝ Buy	$1,700.00 ➝ $1,100.00	N/A
6/9/2022	Citigroup	Lower Target	Buy	$1,500.00 ➝ $1,150.00	High
6/6/2022	KGI Securities	Initiated Coverage	Outperform		Low
5/2/2022	Credit Suisse Group	Lower Target		$1,685.00 ➝ $1,440.00	High
4/12/2022	Citigroup	Lower Target	Buy	$1,750.00 ➝ $1,500.00	Low
2/25/2022	Bradesco Corretora	Upgrade	Neutral ➝ Outperform		High
2/23/2022	Susquehanna Bancshares	Lower Target	Positive	$1,990.00 ➝ $1,750.00	High
2/23/2022	Stifel Nicolaus	Lower Target	Buy	$1,600.00 ➝ $1,400.00	High
2/23/2022	Susquehanna	Lower Target	Positive	$1,990.00 ➝ $1,750.00	High
2/23/2022	Credit Suisse Group	Boost Target		$1,675.00 ➝ $1,685.00	High
2/22/2022	Credit Suisse Group	Lower Target	Outperform	$2,200.00 ➝ $1,675.00	High
1/18/2022	BTIG Research	Lower Target		$1,930.00 ➝ $1,550.00	Low
1/12/2022	Stifel Nicolaus	Lower Target		$2,200.00 ➝ $1,600.00	High
1/7/2022	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$2,000.00 ➝ $1,250.00	High
11/5/2021	Credit Suisse Group	Boost Target	Outperform	$2,100.00 ➝ $2,200.00	Low
11/5/2021	Barclays	Boost Target	Overweight	$2,100.00 ➝ $2,200.00	Low
10/25/2021	Scotiabank	Upgrade	Sector Perform ➝ Sector Outperform	$2,050.00 ➝ $2,100.00	Medium
10/1/2021	Credit Suisse Group	Reiterated Rating	Buy	$2,100.00	High
8/5/2021	Barclays	Boost Target	Overweight	$2,000.00 ➝ $2,100.00	High
8/5/2021	BTIG Research	Boost Target	Buy	$1,720.00 ➝ $1,930.00	High
8/3/2021	Credit Suisse Group	Boost Target	Outperform	$1,824.00 ➝ $2,050.00	Low
7/9/2021	DZ Bank	Initiated Coverage	Buy	$1,900.00	Medium
6/28/2021	Barclays	Initiated Coverage	Buy	$2,000.00	Low
6/7/2021	Citigroup	Boost Target	Buy	$2,150.00 ➝ $2,250.00	Low
5/10/2021	Credit Suisse Group	Lower Target	Outperform	$1,850.00 ➝ $1,824.00	High
5/6/2021	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$1,800.00	High
5/3/2021	Credit Suisse Group	Lower Target	Outperform	$1,925.00 ➝ $1,850.00	Medium
3/31/2021	Wolfe Research	Initiated Coverage	Outperform	$1,800.00	Medium
3/11/2021	BTIG Research	Upgrade	Neutral ➝ Buy	$1,720.00	High
3/9/2021	JPMorgan Chase & Co.	Boost Target	Positive ➝ Overweight	$1,640.00 ➝ $1,730.00	Medium
3/1/2021	Credit Suisse Group	Boost Target	Outperform	$1,555.00 ➝ $1,925.00	Low
2/11/2021	Scotiabank	Initiated Coverage	Sector Perform	$2,050.00	Low
1/28/2021	Bradesco Corretora	Downgrade	Outperform ➝ Neutral	$2,000.00	High
1/27/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$1,530.00 ➝ $2,200.00	High
1/20/2021	Citigroup	Boost Target		$1,300.00 ➝ $2,150.00	Low
1/19/2021	HSBC	Boost Target	Buy	$1,800.00 ➝ $2,100.00	Medium
12/22/2020	Santander	Upgrade	Hold ➝ Buy	$1,980.00	Low
12/16/2020	BTIG Research	Downgrade	Buy ➝ Neutral		Low
11/9/2020	JPMorgan Chase & Co.	Boost Target	Overweight	$1,370.00 ➝ $1,640.00	High
11/5/2020	BTIG Research	Reiterated Rating	Buy	$1,260.00 ➝ $1,550.00	Low
11/5/2020	UBS Group	Boost Target	Buy	$1,400.00 ➝ $1,530.00	Low
11/5/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$1,500.00 ➝ $1,530.00	High
11/5/2020	Barclays	Boost Target	Overweight	$1,350.00 ➝ $1,460.00	High
11/3/2020	Credit Suisse Group	Lower Target	Outperform	$1,484.00 ➝ $1,450.00	Low
10/27/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$1,330.00 ➝ $1,500.00	Low
10/26/2020	Jefferies Financial Group	Boost Target	Buy	$1,350.00 ➝ $1,560.00	Medium
10/19/2020	New Street Research	Initiated Coverage	Buy	$1,450.00	Low
10/14/2020	Barclays	Boost Target	Overweight	$1,340.00 ➝ $1,350.00	High
9/28/2020	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$1,190.00 ➝ $1,350.00	Medium
8/11/2020	UBS Group	Boost Target	Buy	$1,040.00 ➝ $1,400.00	Medium
8/11/2020	BTIG Research	Boost Target	Buy	$980.00 ➝ $1,260.00	High
8/11/2020	Credit Suisse Group	Boost Target	Outperform	$1,255.00 ➝ $1,484.00	High
8/11/2020	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$630.00 ➝ $1,300.00	High
8/11/2020	Barclays	Boost Target	Overweight	$1,210.00 ➝ $1,340.00	High
8/10/2020	Stifel Nicolaus	Reiterated Rating	Hold	$750.00 ➝ $1,125.00	Medium
7/30/2020	Credit Suisse Group	Boost Target	Outperform	$770.00 ➝ $1,255.00	High
7/20/2020	Bradesco Corretora	Upgrade	Neutral ➝ Outperform	$985.00 ➝ $1,250.00	Medium
6/9/2020	Bank of America	Boost Target	Buy	$800.00 ➝ $1,100.00	Medium
6/4/2020	UBS Group	Boost Target	Buy	$670.00 ➝ $1,040.00	Medium
6/1/2020	BTIG Research	Boost Target	Positive ➝ Buy	$775.00 ➝ $980.00	Low
5/20/2020	JPMorgan Chase & Co.	Boost Target		$800.00 ➝ $1,000.00	Low
5/6/2020	Bank of America	Boost Target	Buy	$650.00 ➝ $800.00	High
5/6/2020	Citigroup	Upgrade	Neutral ➝ Buy		High
5/6/2020	Barclays	Boost Target	Overweight	$620.00 ➝ $810.00	High
5/6/2020	Stifel Nicolaus	Reiterated Rating	Hold	$655.00 ➝ $750.00	High
5/4/2020	Credit Suisse Group	Lower Target	Outperform	$760.00 ➝ $720.00	Low
4/22/2020	Susquehanna Bancshares	Downgrade	Positive ➝ Neutral	$630.00	High
4/1/2020	Cantor Fitzgerald	Initiated Coverage	Overweight	$548.00	High
2/27/2020	JPMorgan Chase & Co.	Boost Target	Positive ➝ Overweight	$700.00 ➝ $800.00	Medium
2/20/2020	BTIG Research	Reiterated Rating	Buy	$820.00	Low
2/11/2020	Citigroup	Downgrade	Buy ➝ Neutral	$645.00 ➝ $660.00	High
2/7/2020	Credit Suisse Group	Boost Target	Outperform	$680.00 ➝ $750.00	High
2/6/2020	Jefferies Financial Group	Initiated Coverage	Hold	$700.00	Medium
2/5/2020	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$500.00 ➝ $820.00	High
1/26/2020	Barclays	Reiterated Rating	Buy	$720.00	Low
1/22/2020	Piper Sandler	Boost Target	Overweight	$675.00 ➝ $760.00	Low
1/21/2020	Bradesco Corretora	Downgrade	Outperform ➝ Neutral	$735.00	Low
1/7/2020	Morgan Stanley	Reiterated Rating	Overweight	$710.00	High
12/30/2019	Itau BBA Securities	Upgrade	Underperform ➝ Market Perform		High
12/4/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$653.00 ➝ $670.00	Low
11/1/2019	Barclays	Lower Target	Overweight	$700.00 ➝ $660.00	Medium
10/21/2019	UBS Group	Lower Target	Buy	$730.00 ➝ $670.00	Low
10/15/2019	Barclays	Set Target	Buy	$700.00	Low
9/10/2019	The Goldman Sachs Group	Set Target	Buy	$713.00	N/A
9/9/2019	BTIG Research	Upgrade	Neutral ➝ Buy	$720.00	High
9/9/2019	HSBC	Upgrade	Hold ➝ Buy	$575.00 ➝ $800.00	High
8/13/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$600.00 ➝ $725.00	Low
8/13/2019	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$563.00 ➝ $750.00	Low
8/12/2019	Cowen	Set Target	Hold	$651.00	Low
8/8/2019	Stifel Nicolaus	Boost Target	Hold	$560.00 ➝ $650.00	High
8/8/2019	Citigroup	Upgrade	Neutral ➝ Buy	$609.00 ➝ $729.00	High
8/8/2019	Piper Sandler Companies	Boost Target	Overweight	$584.00 ➝ $675.00	High
8/7/2019	Credit Suisse Group	Boost Target	Outperform	$640.00 ➝ $710.00	High
7/16/2019	Barclays	Boost Target	Overweight	$615.00 ➝ $730.00	Medium
6/26/2019	UBS Group	Set Target	Buy	$610.00 ➝ $730.00	Low
6/4/2019	BTIG Research	Downgrade	Buy ➝ Neutral	$561.01	High
5/8/2019	BBA Icatu Securities	Downgrade	Outperform ➝ Underperform	$400.00 ➝ $520.00	Low
5/5/2019	Barclays	Reiterated Rating	Buy		Medium
5/3/2019	Stifel Nicolaus	Boost Target	Hold ➝ Hold	$500.00 ➝ $560.00	High
5/3/2019	Susquehanna Bancshares	Upgrade	Negative ➝ Neutral		High
5/3/2019	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy		High
5/1/2019	Credit Suisse Group	Boost Target	Outperform	$420.00 ➝ $520.00	Low
5/1/2019	Piper Sandler Companies	Boost Target	Overweight	$442.00 ➝ $504.00	Low

(Data available from 4/25/2019 forward)

News Sentiment Rating

0.87 (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

24 very positive mentions
19 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

9/28/2023

22 very positive mentions
19 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

10/28/2023

17 very positive mentions
28 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

11/27/2023

31 very positive mentions
30 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

12/27/2023

30 very positive mentions
26 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

1/26/2024

42 very positive mentions
47 positive mentions
4 negative mentions
1 very negative mentions

Mentions as of

2/25/2024

41 very positive mentions
40 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

3/26/2024

36 very positive mentions
26 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

4/25/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

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.

Today's Range

Now: $1,363.83

$1,342.00

$1,369.08

50 Day Range

MA: $1,538.78

$1,356.43

$1,817.98

52 Week Range

Now: $1,363.83

$1,063.02

$1,825.00

Volume

210,353 shs

Average Volume

384,221 shs

Market Capitalization

$69.15 billion

P/E Ratio

69.80

Dividend Yield

N/A

Beta

1.44

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, Citigroup Inc., Credit Suisse Group AG, DZ Bank AG, Jefferies Financial Group Inc., JPMorgan Chase & Co., New Street Research, StockNews.com, Susquehanna, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wedbush, and Wolfe Research.
View the latest analyst ratings for MELI.
What is the current price target for MercadoLibre?: 14 Wall Street analysts have set twelve-month price targets for MercadoLibre in the last year. Their average twelve-month price target is $1,790.36, suggesting a possible upside of 32.5%. The Goldman Sachs Group, Inc. has the highest price target set, predicting MELI will reach $2,180.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $1,300.00 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 1 hold rating and 11 buy ratings 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.

MercadoLibre - MELI Stock Price Target and Predictions

Analyst Price Target for MELI

Current Consensus is Moderate Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.87 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of MercadoLibre?

What is the current price target for MercadoLibre?

What is the current consensus analyst rating for MercadoLibre?

What other companies compete with MercadoLibre?

How do I contact MercadoLibre's investor relations team?