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MercadoLibre
MELINASDAQ
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MercadoLibre (NASDAQ:MELI) Stock, Analyst Ratings, Price Targets, Forecasts
MercadoLibre Inc has a consensus price target of $1844.12 based on the ratings of 17 analysts. The high is $2200 issued by Barclays on November 5, 2021. The low is $1000 issued by Stifel on July 15, 2022. The 3 most-recent analyst ratings were released by Jefferies, Barclays, and Wedbush on May 20, 2024, May 13, 2024, and May 3, 2024, respectively. With an average price target of $1966.67 between Jefferies, Barclays, and Wedbush, there's an implied 16.55% upside for MercadoLibre Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Barclays
Wedbush
UBS
Citigroup
1calculated from analyst ratings
Analyst Ratings for MercadoLibre
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/20/2024 | Buy Now | 24.45% | Jefferies | John Colantuoni | → $2100 | Upgrade | Hold → Buy | Get Alert |
| 05/13/2024 | Buy Now | 18.53% | Barclays | Trevor Young | $1800 → $2000 | Maintains | Overweight | Get Alert |
| 05/03/2024 | Buy Now | 6.67% | Wedbush | Scott Devitt | → $1800 | Reiterates | Outperform → Outperform | Get Alert |
| 04/24/2024 | Buy Now | 6.67% | Wedbush | Scott Devitt | $2000 → $1800 | Maintains | Outperform | Get Alert |
| 04/17/2024 | Buy Now | 6.67% | UBS | Kaio Prato | $1900 → $1800 | Maintains | Buy | Get Alert |
| 04/03/2024 | Buy Now | 6.67% | Barclays | Trevor Young | $2000 → $1800 | Maintains | Overweight | Get Alert |
| 03/27/2024 | Buy Now | 14.97% | Citigroup | Tobias Stingelin | $1990 → $1940 | Maintains | Buy | Get Alert |
| 03/06/2024 | Buy Now | 18.53% | Wedbush | Scott Devitt | → $2000 | Reiterates | Outperform → Outperform | Get Alert |
| 03/05/2024 | Buy Now | 18.53% | Wedbush | Scott Devitt | → $2000 | Reiterates | Outperform → Outperform | Get Alert |
| 02/27/2024 | Buy Now | 27.42% | JP Morgan | Marcelo Santos | $2000 → $2150 | Maintains | Overweight | Get Alert |
| 02/23/2024 | Buy Now | 18.53% | Barclays | Trevor Young | $1900 → $2000 | Maintains | Overweight | Get Alert |
| 02/23/2024 | Buy Now | 18.53% | Susquehanna | James Friedman | $1850 → $2000 | Maintains | Positive | Get Alert |
| 02/23/2024 | Buy Now | 18.53% | Wedbush | Scott Devitt | $1800 → $2000 | Maintains | Outperform | Get Alert |
| 01/03/2024 | Buy Now | 12.6% | Citigroup | Joao Pedro Soares | $1550 → $1900 | Maintains | Buy | Get Alert |
| 12/27/2023 | Buy Now | 6.67% | Wedbush | Scott Devitt | $1700 → $1800 | Maintains | Outperform | Get Alert |
| 11/28/2023 | Buy Now | 9.64% | Susquehanna | James Friedman | $1625 → $1850 | Maintains | Positive | Get Alert |
| 11/02/2023 | Buy Now | -11.1% | Wedbush | Scott Devitt | → $1500 | Reiterates | Outperform → Outperform | Get Alert |
| 09/18/2023 | Buy Now | -3.7% | Susquehanna | James Friedman | $1500 → $1625 | Maintains | Positive | Get Alert |
| 09/01/2023 | Buy Now | -2.22% | New Street Research | Soomit Datta | → $1650 | Upgrade | Neutral → Buy | Get Alert |
| 08/30/2023 | Buy Now | 0.75% | UBS | Kaio Prato | $1600 → $1700 | Maintains | Buy | Get Alert |
| 08/22/2023 | Buy Now | -11.1% | Wedbush | Scott Devitt | → $1500 | Initiates | → Outperform | Get Alert |
| 08/09/2023 | Buy Now | 29.19% | Goldman Sachs | Irma Sgarz | $1910 → $2180 | Maintains | Buy | Get Alert |
| 08/08/2023 | Buy Now | -3.7% | Barclays | Trevor Young | $1575 → $1625 | Maintains | Overweight | Get Alert |
| 08/07/2023 | Buy Now | 18.53% | JP Morgan | Marcelo Santos | $1700 → $2000 | Maintains | Overweight | Get Alert |
| 08/03/2023 | Buy Now | 5.49% | Credit Suisse | Stephen Ju | $1760 → $1780 | Maintains | Outperform | Get Alert |
| 07/31/2023 | Buy Now | 4.3% | Credit Suisse | Stephen Ju | $1730 → $1760 | Maintains | Outperform | Get Alert |
| 07/25/2023 | Buy Now | -22.96% | Jefferies | John Colantuoni | $1400 → $1300 | Maintains | Hold | Get Alert |
| 07/10/2023 | Buy Now | -19.99% | B of A Securities | Robert Ford | $1680 → $1350 | Downgrade | Buy → Neutral | Get Alert |
| 06/23/2023 | Buy Now | -5.18% | UBS | Kaio Prato | $1550 → $1600 | Maintains | Buy | Get Alert |
| 06/08/2023 | Buy Now | -11.1% | Citigroup | Joao Pedro Soares | $1460 → $1500 | Maintains | Buy | Get Alert |
| 05/08/2023 | Buy Now | 0.75% | JP Morgan | Marcelo Santos | $1600 → $1700 | Maintains | Overweight | Get Alert |
| 05/04/2023 | Buy Now | -5.18% | BTIG | Marvin Fong | $1400 → $1600 | Maintains | Buy | Get Alert |
| 05/04/2023 | Buy Now | 2.53% | Credit Suisse | Stephen Ju | $1700 → $1730 | Maintains | Outperform | Get Alert |
| 05/04/2023 | Buy Now | -6.66% | Barclays | Trevor Young | $1525 → $1575 | Maintains | Overweight | Get Alert |
| 05/02/2023 | Buy Now | 0.75% | Credit Suisse | Stephen Ju | $1750 → $1700 | Maintains | Outperform | Get Alert |
| 04/13/2023 | Buy Now | -0.44% | B of A Securities | Robert Ford | $1400 → $1680 | Maintains | Buy | Get Alert |
| 04/13/2023 | Buy Now | -9.62% | Barclays | Trevor Young | $1475 → $1525 | Maintains | Overweight | Get Alert |
| 04/06/2023 | Buy Now | — | New Street Research | Soomit Datta | — | Downgrade | Buy → Neutral | Get Alert |
| 02/24/2023 | Buy Now | -17.03% | BTIG | Marvin Fong | $1245 → $1400 | Maintains | Buy | Get Alert |
| 02/24/2023 | Buy Now | 3.71% | Credit Suisse | Stephen Ju | $1685 → $1750 | Maintains | Outperform | Get Alert |
| 02/24/2023 | Buy Now | -12.59% | Barclays | Trevor Young | $1250 → $1475 | Maintains | Overweight | Get Alert |
| 02/21/2023 | Buy Now | -0.14% | Credit Suisse | Stephen Ju | $1450 → $1685 | Maintains | Outperform | Get Alert |
| 01/13/2023 | Buy Now | -26.22% | BTIG | Marvin Fong | $1130 → $1145 | Maintains | Buy | Get Alert |
| 11/04/2022 | Buy Now | -14.07% | Credit Suisse | Stephen Ju | $1400 → $1450 | Maintains | Outperform | Get Alert |
| 11/03/2022 | Buy Now | -37.77% | Citigroup | Joao Pedro Soares | $1150 → $1050 | Maintains | Buy | Get Alert |
| 10/31/2022 | Buy Now | -17.03% | Credit Suisse | Stephen Ju | $1470 → $1400 | Maintains | Outperform | Get Alert |
| 10/06/2022 | Buy Now | -42.51% | Jefferies | John Colantuoni | $990 → $970 | Maintains | Hold | Get Alert |
| 08/08/2022 | Buy Now | -19.99% | JP Morgan | Marcelo Santos | $1300 → $1350 | Maintains | Overweight | Get Alert |
| 08/04/2022 | Buy Now | -25.92% | Barclays | Trevor Young | $1500 → $1250 | Maintains | Overweight | Get Alert |
| 08/04/2022 | Buy Now | -12.88% | Credit Suisse | Stephen Ju | $1430 → $1470 | Maintains | Outperform | Get Alert |
| 08/01/2022 | Buy Now | -15.25% | Credit Suisse | Stephen Ju | $1450 → $1430 | Maintains | Outperform | Get Alert |
| 07/15/2022 | Buy Now | -40.74% | Stifel | Scott Devitt | $1200 → $1000 | Maintains | Buy | Get Alert |
| 07/06/2022 | Buy Now | -34.81% | New Street Research | Soomit Datta | $1700 → $1100 | Maintains | Buy | Get Alert |
| 06/09/2022 | Buy Now | -31.85% | Citigroup | Joao Pedro Soares | $1500 → $1150 | Maintains | Buy | Get Alert |
| 05/12/2022 | Buy Now | -2.22% | Goldman Sachs | Irma Sgarz | $1940 → $1650 | Maintains | Buy | Get Alert |
| 05/06/2022 | Buy Now | -14.07% | Credit Suisse | Stephen Ju | $1440 → $1450 | Maintains | Outperform | Get Alert |
| 05/02/2022 | Buy Now | -14.66% | Credit Suisse | Stephen Ju | $1685 → $1440 | Maintains | Outperform | Get Alert |
| 04/12/2022 | Buy Now | -11.1% | Citigroup | Joao Pedro Soares | $1750 → $1500 | Maintains | Buy | Get Alert |
| 02/25/2022 | Buy Now | 6.67% | Banco Bradesco BBI S.A | Richard Cathcart | $1700 → $1800 | Upgrade | Neutral → Outperform | Get Alert |
| 02/23/2022 | Buy Now | 3.71% | Susquehanna | James Friedman | $1990 → $1750 | Maintains | Positive | Get Alert |
| 02/23/2022 | Buy Now | -0.14% | Credit Suisse | Stephen Ju | $1675 → $1685 | Maintains | Outperform | Get Alert |
| 02/23/2022 | Buy Now | -17.03% | Stifel | Scott Devitt | $1600 → $1400 | Maintains | Buy | Get Alert |
| 02/22/2022 | Buy Now | -0.73% | Credit Suisse | Stephen Ju | $2200 → $1675 | Maintains | Outperform | Get Alert |
| 01/07/2022 | Buy Now | -25.92% | Jefferies | John Colantuoni | $2000 → $1250 | Downgrade | Buy → Hold | Get Alert |
| 11/05/2021 | Buy Now | 30.38% | Barclays | Ross Sandler | — | Maintains | Overweight | Get Alert |
| 11/05/2021 | Buy Now | 30.38% | Credit Suisse | Stephen Ju | — | Maintains | Outperform | Get Alert |
| 10/25/2021 | Buy Now | 24.45% | Scotiabank | Rodrigo Echagaray | — | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 08/05/2021 | Buy Now | 24.45% | Credit Suisse | Stephen Ju | — | Maintains | Outperform | Get Alert |
| 08/03/2021 | Buy Now | 21.49% | Credit Suisse | Stephen Ju | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for MercadoLibre (MELI) stock?
The latest price target for MercadoLibre (NASDAQ:MELI) was reported by Jefferies on May 20, 2024. The analyst firm set a price target for $2100.00 expecting MELI to rise to within 12 months (a possible 24.45% upside). 27 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for MercadoLibre (MELI)?
The latest analyst rating for MercadoLibre (NASDAQ:MELI) was provided by Jefferies, and MercadoLibre upgraded their buy rating.
When was the last upgrade for MercadoLibre (MELI)?
The last upgrade for MercadoLibre Inc happened on May 20, 2024 when Jefferies raised their price target to $2100. Jefferies previously had a hold for MercadoLibre Inc.
When was the last downgrade for MercadoLibre (MELI)?
The last downgrade for MercadoLibre Inc happened on July 10, 2023 when B of A Securities changed their price target from $1680 to $1350 for MercadoLibre Inc.
When is the next analyst rating going to be posted or updated for MercadoLibre (MELI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MercadoLibre, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MercadoLibre was filed on May 20, 2024 so you should expect the next rating to be made available sometime around May 20, 2025.
Is the Analyst Rating MercadoLibre (MELI) correct?
While ratings are subjective and will change, the latest MercadoLibre (MELI) rating was a upgraded with a price target of $0.00 to $2100.00. The current price MercadoLibre (MELI) is trading at is $1687.38, which is within the analyst’s predicted range.
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