MercadoLibre (MELI) Stock Forecast & Price Target

$1,800.27 -24.94 (-1.37%)

As of 09:44 AM Eastern

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MercadoLibre - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

Sell
0

Hold
6

Buy
11

Based on 17 Wall Street analysts who have issued ratings for MercadoLibre in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 6 have given a hold rating, and 11 have given a buy rating for MELI.

Consensus Price Target

$2,272.00
26.20% Upside

According to the 17 analysts' twelve-month price targets for MercadoLibre, the average price target is $2,272.00. The highest price target for MELI is $2,900.00, while the lowest price target for MELI is $1,750.00. The average price target represents a forecasted upside of 26.20% from the current price of $1,800.27.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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MELI Analyst Ratings Over Time

Type	Current Forecast 9/18/25 to 9/18/26	1 Month Ago 8/19/25 to 8/19/26	3 Months Ago 6/20/25 to 6/20/26	1 Year Ago 9/18/24 to 9/18/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	11 Buy rating(s)	14 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$2,272.00	$2,272.00	$2,255.33	$2,817.22
Forecasted Upside	26.20% Upside	19.04% Upside	37.93% Upside	13.76% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

MELI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MELI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

MercadoLibre Stock vs. The Competition

Type	MercadoLibre	Consumer Discretionary Companies	Broader Market
Consensus Rating Score	2.65	2.19	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	24.48% Upside	185.74% Upside	17.76% Upside
News Sentiment Rating	Positive News See Recent MELI News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/3/2026	BTIG Research 3 of 5 stars	Marvin Fong 1 of 5 stars	Reiterated Rating	Buy	$2,150.00	+7.15%
8/11/2026	JPMorgan Chase & Co. 3 of 5 stars	Marcelo Santos 5 of 5 stars	Boost Target	Neutral	$1,900.00 ➝ $2,150.00	+13.38%
8/6/2026	Cantor Fitzgerald 5 of 5 stars	Deepak Mathivanan 2 of 5 stars	Boost Target	Overweight	$2,150.00 ➝ $2,300.00	+19.63%
7/15/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joao Pedro Soares Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$1,950.00 ➝ $2,000.00	+6.73%
7/13/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
7/2/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C)
5/13/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$2,100.00	+38.82%
5/13/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kaio Prato Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$2,050.00 ➝ $1,750.00	+16.63%
5/11/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Ruben Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$2,600.00 ➝ $2,450.00	+55.16%
5/11/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Trevor Young Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$2,500.00 ➝ $2,300.00	+40.89%
Get the Latest News and Ratings for MELI and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for MercadoLibre and its competitors with MarketBeat's FREE daily newsletter.
5/8/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$2,000.00	+22.51%
5/8/2026	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Fawne Jiang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$2,780.00 ➝ $2,380.00	+45.86%
5/8/2026	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold	$1,800.00	+10.40%
5/7/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Hector Maya Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Outperform	$3,500.00 ➝ $2,800.00	+50.72%
4/7/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alex Wright Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$2,800.00 ➝ $2,600.00	+52.01%
2/25/2026	Itau BBA Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
2/25/2026	Wedbush Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Scott Devitt Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$2,600.00 ➝ $2,400.00	+24.83%
12/2/2025	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Moderate Buy
10/13/2025	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Friedman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Positive	$2,975.00 ➝ $2,900.00	+35.92%
2/21/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Robert Ford Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$2,500.00 ➝ $3,000.00	+42.15%
1/30/2025	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	S. Datta Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$2,000.00 ➝ $2,300.00	+21.71%
10/11/2024	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	G. Lopez Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$2,800.00	+37.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:44 AM ET.

Should I Buy MercadoLibre Stock? MELI Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 15, 2026. Please send any questions or comments about these MercadoLibre pros and cons to contact@marketbeat.com.

MercadoLibre
Bull Case

Here are some ways that investors could benefit from investing in MercadoLibre, Inc.:

The company recently demonstrated strong financial performance by reporting earnings per share of $9.19 for the quarter ended in August 2026, which exceeded the consensus estimate of $8.65 by $0.54, indicating that the business is generating higher profits than analysts anticipated.
Revenue growth remains robust, with the company reporting $10.17 billion in revenue for the most recent quarter, representing a 49.8% increase compared to the same period last year, which suggests that the core marketplace and financial services ecosystem are expanding rapidly across Latin America.
MercadoLibre, Inc. successfully issued $1 billion in ten-year senior unsecured notes in September 2026, a move that was met with strong demand from over one hundred institutional investors, signaling continued confidence in the company's strategy, execution, and ability to generate cash.
The stock is currently trading at $1,828.94, which is below the average analyst price target of $2,272.00, suggesting that the market may be undervaluing the company relative to the consensus view of its future potential.
Institutional investors continue to show confidence in the company, with 87.62% of the stock owned by institutional investors and hedge funds, and recent filings show that major entities like National Pension Service increased their stake by 6.7% during the second quarter.

MercadoLibre
Bear Case

Investors should be bearish about investing in MercadoLibre, Inc. for these reasons:

The stock has experienced significant volatility and a recent decline, dropping from a previous close of $1,900.24 to the current price of $1,828.94, and is trading well below its 52-week high of $2,548.50, indicating a substantial drawdown from its peak valuation.
The company carries a high valuation multiple with a P/E ratio of 49.74, which means investors are paying nearly 50 times the current earnings for each share, a level that may be difficult to sustain if growth rates slow down or if the broader market becomes less tolerant of high-growth stocks.
There are concerns regarding the company's credit expansion, as Mercado Pago continues to issue credit cards in Brazil despite the central bank raising concerns over rising household debt, which could lead to higher default rates and increased risk for the company's financial services arm.
Some analysts are adopting a more cautious stance, with Hedgeye recently suggesting a pair trade to go long Sea Limited and short MercadoLibre, Inc., implying that the stock may be overvalued relative to its peers in the e-commerce and fintech sector.
The company has a beta of 1.31, which indicates that its stock is 31% more volatile than the overall market, meaning that investors should expect larger price swings and higher risk compared to the broader market index.

MELI Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for MercadoLibre is $2,272.00, with a high forecast of $2,900.00 and a low forecast of $1,750.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MELI shares.

According to analysts, MercadoLibre's stock has a predicted upside of 26.20% based on their 12-month stock forecasts.

Over the previous 90 days, MercadoLibre's stock had 1 upgrade by analysts.

MercadoLibre has been rated by research analysts at BTIG Research, Cantor Fitzgerald, Citigroup, JPMorgan Chase & Co., Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like MercadoLibre more than other "consumer discretionary" companies. The consensus rating for MercadoLibre is Moderate Buy while the average consensus rating for "consumer discretionary" companies is Hold. Learn more on how MELI compares to other companies.

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MarketBeat monitors more than a dozen sources for MercadoLibre analyst ratings, with the most recent rating issued on 9/3/2026.

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MercadoLibre (MELI) Stock Forecast & Price Target

MercadoLibre - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

MELI Analyst Ratings Over Time

MELI Analyst Recommendations By Month

MELI Price Targets by Month

MercadoLibre Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy MercadoLibre Stock? MELI Pros and Cons Explained

MercadoLibre
Bull Case

MercadoLibre
Bear Case

MELI Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

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More Ratings Tools

Brokerages With MercadoLibre Recommendations

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MercadoLibre (MELI) Stock Forecast & Price Target

MercadoLibre - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

MELI Analyst Ratings Over Time

MELI Analyst Recommendations By Month

MELI Price Targets by Month

MercadoLibre Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy MercadoLibre Stock? MELI Pros and Cons Explained

MercadoLibre Bull Case

MercadoLibre Bear Case

MELI Forecast - Frequently Asked Questions

What is MercadoLibre's forecast for 2026?

Should I buy or sell MercadoLibre stock right now?

Does MercadoLibre's stock price have much upside?

Has MercadoLibre been upgraded by Wall Street analysts recently?

What analysts cover MercadoLibre?

Do Wall Street analysts like MercadoLibre more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With MercadoLibre Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

MercadoLibre
Bull Case

MercadoLibre
Bear Case