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MercadoLibre (MELI) Stock Forecast & Price Target

MercadoLibre logo
$1,725.05 -27.56 (-1.57%)
As of 01:12 PM Eastern
This is a fair market value price provided by Massive. Learn more.

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

Consensus Rating

Sell
0
Hold
6
Buy
12

Based on 18 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 18 analysts, 6 have given a hold rating, and 12 have given a buy rating for MELI.

Consensus Price Target

$2,283.13
32.35% Upside
According to the 18 analysts' twelve-month price targets for MercadoLibre, the average price target is $2,283.13. 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 32.35% from the current price of $1,725.05.
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

TypeCurrent Forecast
9/28/25 to 9/28/26
1 Month Ago
8/29/25 to 8/29/26
3 Months Ago
6/30/25 to 6/30/26
1 Year Ago
9/28/24 to 9/28/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
12 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
15 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$2,283.13$2,272.00$2,255.33$2,828.33
Forecasted Upside32.35% Upside15.55% Upside32.87% Upside14.58% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

MercadoLibre Stock vs. The Competition

TypeMercadoLibreConsumer Discretionary CompaniesBroader Market
Consensus Rating Score
2.67
2.19
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside32.57% Upside214.45% Upside20.28% Upside
News Sentiment Rating
Positive News

See Recent MELI News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/23/2026 Initiated CoverageBuy$2,450.00+35.66%
9/3/2026
BTIG Research logo
BTIG Research
3 of 5 stars
Marvin Fong
Marvin Fong
1 of 5 stars
Reiterated RatingBuy$2,150.00+7.15%
8/11/2026
Marcelo Santos
5 of 5 stars
Boost TargetNeutral$1,900.00 ➝ $2,150.00+13.38%
8/6/2026Boost TargetOverweight$2,150.00 ➝ $2,300.00+19.63%
7/15/2026Boost TargetNeutral$1,950.00 ➝ $2,000.00+6.73%
7/13/2026 UpgradeStrong Sell ➝ Hold
7/2/2026 Reiterated RatingHold (C)
5/13/2026 Set Target$2,100.00+38.82%
5/13/2026Lower TargetNeutral$2,050.00 ➝ $1,750.00+16.63%
5/11/2026Lower TargetOverweight$2,600.00 ➝ $2,450.00+55.16%
5/11/2026Lower TargetOverweight$2,500.00 ➝ $2,300.00+40.89%
5/8/2026 Set Target$2,000.00+22.51%
5/8/2026Lower TargetBuy$2,780.00 ➝ $2,380.00+45.86%
5/8/2026 DowngradeBuy ➝ Hold$1,800.00+10.40%
5/7/2026Lower TargetSector Outperform$3,500.00 ➝ $2,800.00+50.72%
4/7/2026UpgradeHold ➝ Buy$2,800.00 ➝ $2,600.00+52.01%
2/25/2026 Reiterated RatingOutperform
2/25/2026Lower TargetOutperform$2,600.00 ➝ $2,400.00+24.83%
12/2/2025 UpgradeHold ➝ Moderate Buy
10/13/2025Lower TargetPositive$2,975.00 ➝ $2,900.00+35.92%
2/21/2025Boost TargetBuy$2,500.00 ➝ $3,000.00+42.15%
10/11/2024Initiated CoverageBuy$2,800.00+37.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:13 PM 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 Thursday, September 24, 2026. Please send any questions or comments about these MercadoLibre pros and cons to contact@marketbeat.com.

MercadoLibre
Bull Case

green Wall Street bull icon

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

  • MercadoLibre, Inc. is set to launch a new service offering product deliveries within an hour in Brazil, starting in the city of Sao Paulo, which signals a significant expansion in its logistics capabilities and competitive positioning in the region.
  • The company's advertising business continues to accelerate, with reports indicating it exceeded 10% of Latin America's digital advertising market in the second quarter of 2026, aided by artificial-intelligence tools and expanding video inventory.
  • MercadoLibre, Inc. reported strong quarterly earnings on August 6th, with earnings per share of $9.19 beating the consensus estimate of $8.65, and revenue of $10.17 billion surpassing expectations of $9.79 billion, demonstrating robust fundamental performance.
  • New Street Research initiated coverage with a Buy rating and a $2,450 price target, implying substantial upside from the current stock price of $1,754.13, which reflects analyst confidence in the company's long-term growth thesis.
  • Institutional investors are increasing their stakes, with State Street Corp raising its holdings by 7.7% in the second quarter and BlackRock Inc. acquiring a new position valued at approximately $2.25 billion, indicating strong institutional support.

MercadoLibre
Bear Case

red Wall Street bear icon

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

  • The stock has experienced recent volatility and a sharp post-market decline, with reports suggesting investors may be taking profits after recent moves, which is offsetting positive fundamental and analyst news.
  • MercadoLibre, Inc. issued US$1 billion of senior unsecured notes maturing in 2036, which adds long-dated debt to its balance sheet and may raise concerns about leverage and future financial obligations.
  • The company's current stock price of $1,754.13 is down from its 52-week high of $2,548.50, indicating a significant drawdown and potential loss of momentum compared to its peak valuation.
  • Some analysts, such as Zacks Research, have highlighted valuation concerns and recent underperformance, with the stock trading at a P/E ratio of 47.71, which may be considered high relative to its growth rate.
  • Short interest in the stock has fluctuated, with a recent increase in short interest in September, suggesting that some investors are betting against the stock's future performance.

MELI Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for MercadoLibre is $2,283.13, with a high forecast of $2,900.00 and a low forecast of $1,750.00.

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MercadoLibre in the last twelve months. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MELI shares.

According to analysts, MercadoLibre's stock has a predicted upside of 32.35% 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., New Street Research, 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.


MarketBeat monitors more than a dozen sources for MercadoLibre analyst ratings, with the most recent rating issued on 9/23/2026.
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