Go Pro

MercadoLibre (MELI) Stock Forecast & Price Target

MercadoLibre logo
$1,931.14 -47.22 (-2.39%)
As of 11:27 AM 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
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
17.65% 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 17.65% from the current price of $1,931.14.
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.
Get the Latest News and Ratings for MELI and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for MercadoLibre and its competitors.

Sign Up
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

MELI Analyst Ratings Over Time

TypeCurrent Forecast
9/8/25 to 9/8/26
1 Month Ago
8/9/25 to 8/9/26
3 Months Ago
6/10/25 to 6/10/26
1 Year Ago
9/8/24 to 9/8/25
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$2,255.33$2,255.33$2,817.22
Forecasted Upside17.65% Upside23.87% Upside42.00% Upside20.04% 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.
Skip Chart & View Analyst Rating History

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
2.65
2.20
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside17.67% Upside203.45% Upside14.05% Upside
News Sentiment Rating
Positive News

See Recent MELI News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/3/2026
BTIG Research logo
BTIG Research
3 of 5 stars
Marvin Fong
Marvin Fong
Not Rated
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%
8/6/2026
Cantor Fitzgerald logo
Cantor Fitzgerald
5 of 5 stars
Deepak Mathivanan
Deepak Mathivanan
2 of 5 stars
Boost 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 SellHold
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 DowngradeBuyHold$1,800.00+10.40%
5/7/2026Lower TargetSector Outperform$3,500.00 ➝ $2,800.00+50.72%
4/7/2026UpgradeHoldBuy$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 UpgradeHoldModerate 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%
1/30/2025UpgradeNeutralBuy$2,000.00 ➝ $2,300.00+21.71%
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 Tuesday at 11:27 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 Monday, September 7, 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. demonstrated strong fundamental performance in its most recent quarter, reporting earnings per share of $9.19, which exceeded the analyst consensus estimate of $8.65 by $0.54, while also generating revenue of $10.17 billion, surpassing the expected $9.79 billion and marking a 49.8% year-over-year increase.
  • The company is currently trading at a stock price of $1,978.36, which is below the average analyst price target of $2,272.00, suggesting potential upside for investors as the consensus rating remains a Moderate Buy from seventeen research firms.
  • Institutional interest in the stock has been robust, with 87.62% of shares owned by hedge funds and other institutional investors, including a significant new position by BlackRock Inc. worth approximately $2.25 billion and a massive increase in holdings by the California State Teachers Retirement System.
  • MercadoLibre, Inc. maintains a healthy financial position with a debt-to-equity ratio of 0.53 and a current ratio of 1.12, indicating the company has sufficient liquid assets to cover its short-term liabilities while managing leverage effectively.
  • The company's leadership is highly regarded, with CEO Marcos Galperín holding a perfect approval rating of 1.00 out of 1.0 as of February 2026, reflecting strong confidence in management's strategic direction and execution.

MercadoLibre
Bear Case

red Wall Street bear icon

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

  • The stock is currently trading at a price-to-earnings ratio of 53.80, which is significantly higher than the broader market average, indicating that investors are paying a premium for earnings that may not be sustainable if growth slows.
  • Several prominent financial institutions have recently lowered their price targets, including Barclays reducing its target from $2,500.00 to $2,300.00 and UBS Group decreasing its objective from $2,050.00 to $1,750.00, signaling caution among sell-side analysts.
  • The stock has experienced significant volatility and recent declines, hitting a 52-week low of $1,495.00 and showing a gap down of $185.01 on May 8, 2026, which reflects heightened market sensitivity and potential downside risk.
  • Short interest in the stock has increased in recent months, with shares shorted rising to 885,727 as of August 14, 2026, up from 809,306 in the previous month, suggesting that some market participants are betting against the stock's future performance.
  • Some institutional investors have reduced their positions, such as Vancity Investment Management Ltd trimming its stake by 6.5% and Formuepleje A S selling 1,200 shares, indicating that not all large holders are confident in the current valuation or outlook.

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

According to analysts, MercadoLibre's stock has a predicted upside of 17.65% 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.


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