MercadoLibre Inc. (MELI) Social Stream
MERCADOLIBRE INC (MELI) Price Targets From Analysts
Use the tables below to see what analysts covering MERCADOLIBRE INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 11 | $2420 | $1720 | $2066.923 | $1254.45 | 64.77% |
| 2021-11-10 | 11 | $2420 | $1720 | $2059.23 | $1254.45 | 64.15% |
| 2021-12-15 | 10 | $2250 | $1720 | $2040.833 | $1254.45 | 62.69% |
| 2022-01-07 | 10 | $2250 | $1250 | $1978.333 | $1254.45 | 57.71% |
| 2022-01-11 | 10 | $2250 | $1250 | $1912.727 | $1254.45 | 52.48% |
| 2022-02-23 | 10 | $2250 | $1100 | $1843 | $1254.45 | 46.92% |
| 2022-03-01 | 9 | $2250 | $1100 | $1790 | $1254.45 | 42.69% |
| 2022-05-06 | 8 | $2200 | $1100 | $1695 | $1254.45 | 35.12% |
| 2022-05-10 | 8 | $2200 | $1100 | $1623.75 | $1254.45 | 29.44% |
| 2022-05-31 | 8 | $2200 | $850 | $1592.5 | $1254.45 | 26.95% |
| 2022-06-09 | 8 | $2200 | $850 | $1548.75 | $1254.45 | 23.46% |
| 2022-07-21 | 8 | $2200 | $800 | $1391.25 | $1254.45 | 10.91% |
| 2022-08-04 | 9 | $2100 | $800 | $1306.25 | $1254.45 | 4.13% |
| 2022-08-07 | 9 | $2100 | $990 | $1330 | $1254.45 | 6.02% |
| 2022-08-08 | 8 | $2100 | $990 | $1355.714 | $1254.45 | 8.07% |
| 2022-10-14 | 7 | $1550 | $970 | $1228.333 | $1254.45 | -2.08% |
| 2022-11-07 | 7 | $1550 | $970 | $1211.666 | $1254.45 | -3.41% |
| 2022-11-08 | 7 | $1550 | $1000 | $1216.666 | $1254.45 | -3.01% |
| 2022-12-23 | 7 | $1550 | $1000 | $1225 | $1254.45 | -2.35% |
| 2023-01-09 | 7 | $1550 | $900 | $1208.333 | $1254.45 | -3.68% |
| 2023-01-13 | 8 | $1550 | $900 | $1213.571 | $1254.45 | -3.26% |
| 2023-02-03 | 8 | $1590 | $900 | $1219.285 | $1254.45 | -2.8% |
| 2023-02-06 | 8 | $1590 | $1100 | $1269.285 | $1254.45 | 1.18% |
| 2023-02-24 | 8 | $1590 | $1100 | $1323.571 | $1254.45 | 5.51% |
| 2023-02-27 | 8 | $1620 | $1100 | $1327.857 | $1254.45 | 5.85% |
| 2023-02-28 | 8 | $1620 | $1100 | $1342.142 | $1254.45 | 6.99% |
| 2023-03-19 | 8 | $1620 | $1100 | $1429.285 | $1254.45 | 13.94% |
| 2023-03-30 | 8 | $1770 | $1100 | $1450.714 | $1254.45 | 15.65% |
| 2023-04-06 | 8 | $1770 | $1350 | $1486.428 | $1254.45 | 18.49% |
| 2023-04-24 | 8 | $1770 | $1350 | $1493.571 | $1254.45 | 19.06% |
| 2023-05-04 | 8 | $1770 | $1350 | $1500.714 | $1254.45 | 19.63% |
| 2023-05-07 | 8 | $1770 | $1350 | $1536.428 | $1254.45 | 22.48% |
| 2023-05-08 | 8 | $1770 | $1350 | $1550.714 | $1254.45 | 23.62% |
The Trend in the Analyst Price Target
MELI's average price target has moved up $708.21 over the prior 35 months.
MELI reports an average of 32.98% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-07-21 | 8 | 2200 | 800 | 1391.250 | 789.20 | 76.29% |
| 2022-08-04 | 9 | 2100 | 800 | 1306.250 | 1034.83 | 26.23% |
| 2023-01-13 | 8 | 1550 | 900 | 1213.571 | 1082.92 | 12.06% |
| 2023-03-03 | 8 | 1620 | 1100 | 1429.285 | 1226.74 | 16.51% |
| 2023-05-07 | 8 | 1770 | 1350 | 1536.428 | 1243.59 | 23.55% |
MELI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.69 | 5 | 0 | 3 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
MELI's average broker recommendation rating improved by 0.29 over the prior 39 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- MELI has a greater average analyst price target than 4685.95% of all US stocks.
- In terms of how MERCADOLIBRE INC fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 953.83% of that group.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MERCADOLIBRE INC's upside potential (average analyst target price relative to current price) is greater than 2109.01% of them.
- MELI has a lower variance in analysts' estimates than -2591.28% of stocks in the large market cap category.
In the Business Services industry, EBAY, SQ, and SAP are the three stocks most similar to MERCADOLIBRE INC regarding the price target and analyst recommendation information presented here.
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