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Mercadolibre (MELI)
NASDAQ:MELI
MELI Analyst Ratings
Strong Buy
13 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MELI Stock 12 Month Forecast
Average Price Target
$2,860.47
▲(41.26% Upside)
| Highest Price Target$3,500 | Average Price Target$2,860 | Lowest Price Target$2,582 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Susquehanna
$2,975→$2,900
Buy
43.21%
Upside
Reiterated
10/13/25
Analysts Offer Insights on Consumer Cyclical Companies: Whirlpool (NYSE: WHR) and Mercadolibre (NASDAQ: MELI)MercadoLibre, Inc. Date: October 13, 2025 Symbol: MELI Rating: Positive Price: $2,133.67 Price Target: From $2,975.00 to $2,900.00 Downside risk: From $2,000.00 to $1,900.00 Sector: Brazil Fintech James E Friedman, 212 514 4739, james.friedman@sig.com
“As has been its past pattern, we believe these investments will be regarded in future returns and remain Positive rated despite trimming our price target slightly to $2,900.”
Morgan Stanley
$2,850
Buy
40.74%
Upside
Reiterated
10/12/25
Mercadolibre's Strong Growth Potential in Brazil and Beyond: A Buy Rating Reinforced by Strategic Initiatives and Market ExpansionWe expect MELI to deliver accelerating Brazil GMV in 3Q, driven by a pick-up in unit growth stemming in part from expanded free shipping policies. Following the expansion of Brazil free shipping in June (including a R$19 minimum, from R$79 prior), management alongside 2Q earnings spoke to a June unit growth acceleration, with GMV picking up albeit to a lesser degree. With a full quarter of the policy plus a ~2pp easier comparison base sequentially, we forecast Brazil ex-FX GMV growth of +32% y/y (+29% 2Q) — raised from +30% prior — with unit growth of +40% y/y (+26% 2Q). The Brazil eCommerce backdrop remains highly competitive, including traction for Shopee Brazil (here) and promotional seller fee packages for Amazon Brazil (here), but we see MELI investing from a position of strength.
Citi
$2,700
Buy
33.33%
Upside
Reiterated
10/09/25
BTIG
$2,750
Buy
35.80%
Upside
Reiterated
10/06/25
J.P. Morgan
$2,700→$2,600
Hold
28.40%
Upside
Reiterated
10/03/25
TR | OpenAI - 4o
$2,677→$2,582
Buy
27.51%
Upside
Reiterated
10/01/25
AI Generated ArticleAI Generated Article
Bank of America Securities
$3,000
Buy
48.15%
Upside
Reiterated
09/30/25
Cantor Fitzgerald
$2,700→$2,900
Buy
43.21%
Upside
Reiterated
09/24/25
Barclays
$3,000
Buy
48.15%
Upside
Reiterated
09/23/25
Benchmark Co.
$2,875
Buy
41.98%
Upside
Reiterated
09/10/25
Raymond James
$2,750
Buy
35.80%
Upside
Reiterated
08/05/25
Wedbush
$2,800→$2,700
Buy
33.33%
Upside
Reiterated
08/05/25
Jefferies
$2,800
Hold
38.27%
Upside
Reiterated
08/05/25
Daiwa
$3,000
Buy
48.15%
Upside
Initiated
08/01/25
Scotiabank
$3,500
Buy
72.84%
Upside
Initiated
07/28/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Susquehanna
$2,975→$2,900
Buy
43.21%
Upside
Reiterated
10/13/25
Analysts Offer Insights on Consumer Cyclical Companies: Whirlpool (NYSE: WHR) and Mercadolibre (NASDAQ: MELI)MercadoLibre, Inc. Date: October 13, 2025 Symbol: MELI Rating: Positive Price: $2,133.67 Price Target: From $2,975.00 to $2,900.00 Downside risk: From $2,000.00 to $1,900.00 Sector: Brazil Fintech James E Friedman, 212 514 4739, james.friedman@sig.com
“As has been its past pattern, we believe these investments will be regarded in future returns and remain Positive rated despite trimming our price target slightly to $2,900.”
Morgan Stanley
$2,850
Buy
40.74%
Upside
Reiterated
10/12/25
Mercadolibre's Strong Growth Potential in Brazil and Beyond: A Buy Rating Reinforced by Strategic Initiatives and Market ExpansionWe expect MELI to deliver accelerating Brazil GMV in 3Q, driven by a pick-up in unit growth stemming in part from expanded free shipping policies. Following the expansion of Brazil free shipping in June (including a R$19 minimum, from R$79 prior), management alongside 2Q earnings spoke to a June unit growth acceleration, with GMV picking up albeit to a lesser degree. With a full quarter of the policy plus a ~2pp easier comparison base sequentially, we forecast Brazil ex-FX GMV growth of +32% y/y (+29% 2Q) — raised from +30% prior — with unit growth of +40% y/y (+26% 2Q). The Brazil eCommerce backdrop remains highly competitive, including traction for Shopee Brazil (here) and promotional seller fee packages for Amazon Brazil (here), but we see MELI investing from a position of strength.
Citi
$2,700
Buy
33.33%
Upside
Reiterated
10/09/25
BTIG
$2,750
Buy
35.80%
Upside
Reiterated
10/06/25
J.P. Morgan
$2,700→$2,600
Hold
28.40%
Upside
Reiterated
10/03/25
TR | OpenAI - 4o
$2,677→$2,582
Buy
27.51%
Upside
Reiterated
10/01/25
AI Generated ArticleAI Generated Article
Bank of America Securities
$3,000
Buy
48.15%
Upside
Reiterated
09/30/25
Cantor Fitzgerald
$2,700→$2,900
Buy
43.21%
Upside
Reiterated
09/24/25
Barclays
$3,000
Buy
48.15%
Upside
Reiterated
09/23/25
Benchmark Co.
$2,875
Buy
41.98%
Upside
Reiterated
09/10/25
Raymond James
$2,750
Buy
35.80%
Upside
Reiterated
08/05/25
Wedbush
$2,800→$2,700
Buy
33.33%
Upside
Reiterated
08/05/25
Jefferies
$2,800
Hold
38.27%
Upside
Reiterated
08/05/25
Daiwa
$3,000
Buy
48.15%
Upside
Initiated
08/01/25
Scotiabank
$3,500
Buy
72.84%
Upside
Initiated
07/28/25
Best Analysts Covering Mercadolibre
1 Month
xxx
Success Rate
19/27 ratings generated profit
Average Return
+5.46%
reiterated a xxx
rating 7 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 70.37% of your transactions generating a profit, with an average return of +5.46% per trade.
3 Months
xxx
Success Rate
32/46 ratings generated profit
Average Return
+9.23%
reiterated a xxx
rating 13 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 69.57% of your transactions generating a profit, with an average return of +9.23% per trade.
1 Year
Success Rate
37/46 ratings generated profit
Average Return
+29.37%
reiterated a buy rating 13 days ago
Copying Marvin Fong's trades and holding each position for 1 Year would result in 80.43% of your transactions generating a profit, with an average return of +29.37% per trade.
2 Years
xxx
Success Rate
38/46 ratings generated profit
Average Return
+47.18%
reiterated a xxx
rating 13 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 82.61% of your transactions generating a profit, with an average return of +47.18% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MELI Analyst Recommendation Trends
Rating
Jun 25
Jul 25
Aug 25
Sep 25
Oct 25
Strong Buy
0
0
0
0
0
Buy
35
31
26
27
25
Hold
3
2
4
5
6
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
38
33
30
32
31
Each month's total comprises the sum of three months' worth of ratings.
MELI Financial Forecast
MELI Stock Forecast FAQ
What is MELI’s average 12-month price target, according to analysts?
Based on analyst ratings, Mercadolibre’s 12-month average price target is 2,860.47.
What is MELI’s upside potential, based on the analysts’ average price target?
Mercadolibre has 41.26% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MELI a Buy, Sell or Hold?
Mercadolibre has a consensus rating of Strong Buy which is based on 13 buy ratings, 2 hold ratings and 0 sell ratings.
What is Mercadolibre’s price target?
The average price target for Mercadolibre is 2,860.47. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $3,500.00 ,the lowest forecast is $2,582.00. The average price target represents 41.26% Increase from the current price of $2,024.98.
The highest analyst price target is $3,500.00 ,the lowest forecast is $2,582.00. The average price target represents 41.26% Increase from the current price of $2,024.98.
What do analysts say about Mercadolibre?
Mercadolibre’s analyst rating consensus is a Strong Buy. This is based on the ratings of 15 Wall Streets Analysts.
How can I buy shares of MELI?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.