The latest price target for MercadoLibre (NASDAQ:MELI) was reported by Raymond James on January 21, 2025. The analyst firm set a price target for $2250.00 expecting MELI to rise to within 12 months (a possible 14.36% upside). 39 analyst firms have reported ratings in the last year.

The latest analyst rating for MercadoLibre (NASDAQ:MELI) was provided by Raymond James, and MercadoLibre upgraded their strong buy rating.

The last upgrade for MercadoLibre Inc happened on January 21, 2025 when Raymond James raised their price target to $2250. Raymond James previously had an outperform for MercadoLibre Inc.

The last downgrade for MercadoLibre Inc happened on October 2, 2024 when JP Morgan changed their price target from $2400 to $2400 for MercadoLibre Inc.

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 January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.

While ratings are subjective and will change, the latest MercadoLibre (MELI) rating was a upgraded with a price target of $2250.00 to $2250.00. The current price MercadoLibre (MELI) is trading at is $1967.48, which is out of the analyst’s predicted range.