$1350.00
-20.00[-1.46%]
At close: Apr 24
$1350.00
0[0.00%]
PreMarket: 6:17PM EDT
MercadoLibre
(NASDAQ:MELI)MercadoLibre Stock (NASDAQ:MELI), Analyst Ratings, Price Targets, Predictions
MercadoLibre Inc has a consensus price target of $1791.67, established from looking at the 71 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, UBS, and Barclays on April 24, 2024, April 17, 2024, and April 3, 2024. With an average price target of $1800 between Wedbush, UBS, and Barclays, there's an implied 33.33% upside for MercadoLibre Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
UBS
Barclays
Citigroup
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for MercadoLibre
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/24/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 33.33% | Wedbush | Scott Devitt | $2000 → $1800 | Maintains | Outperform | Get Alert |
| 04/17/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 33.33% | UBS | Kaio Prato | $1900 → $1800 | Maintains | Buy | Get Alert |
| 04/03/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 33.33% | Barclays | Trevor Young | $2000 → $1800 | Maintains | Overweight | Get Alert |
| 03/27/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 43.7% | Citigroup | Tobias Stingelin | $1990 → $1940 | Maintains | Buy | Get Alert |
| 03/06/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 48.15% | Wedbush | Scott Devitt | → $2000 | Reiterates | Outperform → Outperform | Get Alert |
| 03/05/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 48.15% | Wedbush | Scott Devitt | → $2000 | Reiterates | Outperform → Outperform | Get Alert |
| 02/27/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 59.26% | JP Morgan | Marcelo Santos | $2000 → $2150 | Maintains | Overweight | Get Alert |
| 02/23/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 48.15% | Barclays | Trevor Young | $1900 → $2000 | Maintains | Overweight | Get Alert |
| 02/23/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 48.15% | Susquehanna | James Friedman | $1850 → $2000 | Maintains | Positive | Get Alert |
| 02/23/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 48.15% | Wedbush | Scott Devitt | $1800 → $2000 | Maintains | Outperform | Get Alert |
| 01/03/2024 | MELI | Buy Now | MercadoLibre | $1.35K | 40.74% | Citigroup | Joao Pedro Soares | $1550 → $1900 | Maintains | Buy | Get Alert |
| 12/27/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 33.33% | Wedbush | Scott Devitt | $1700 → $1800 | Maintains | Outperform | Get Alert |
| 11/28/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 37.04% | Susquehanna | James Friedman | $1625 → $1850 | Maintains | Positive | Get Alert |
| 11/02/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 11.11% | Wedbush | Scott Devitt | → $1500 | Reiterates | Outperform → Outperform | Get Alert |
| 09/18/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 20.37% | Susquehanna | James Friedman | $1500 → $1625 | Maintains | Positive | Get Alert |
| 09/01/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 22.22% | New Street Research | Soomit Datta | → $1650 | Upgrade | Neutral → Buy | Get Alert |
| 08/30/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 25.93% | UBS | Kaio Prato | $1600 → $1700 | Maintains | Buy | Get Alert |
| 08/22/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 11.11% | Wedbush | Scott Devitt | → $1500 | Initiates | → Outperform | Get Alert |
| 08/09/2023 | MELI | Buy Now | MercadoLibre | $1.35K | 61.48% | Goldman Sachs | Irma Sgarz | $1910 → $2180 | Maintains | Buy | Get Alert |
FAQ
What is the target price for MercadoLibre (MELI)?
The latest price target for MercadoLibre (NASDAQ: MELI) was reported by Wedbush on April 24, 2024. The analyst firm set a price target for $1800.00 expecting MELI to rise to within 12 months (a possible 33.33% upside). 32 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 Wedbush, and MercadoLibre maintained their outperform rating.
When was the last upgrade for MercadoLibre (MELI)?
The last upgrade for MercadoLibre Inc happened on September 1, 2023 when New Street Research raised their price target to $1650. New Street Research previously had a neutral 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 April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 2025.
Is the Analyst Rating MercadoLibre (MELI) correct?
While ratings are subjective and will change, the latest MercadoLibre (MELI) rating was a maintained with a price target of $2000.00 to $1800.00. The current price MercadoLibre (MELI) is trading at is $1350.00, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.