MercadoLibre Inc. (MELI) Social Stream



MercadoLibre Inc. (MELI): $1,368.23

11.80 (+0.87%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

A

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Industry: Internet

Industry

B

Ranked

#35 of 53

in industry

MERCADOLIBRE INC (MELI) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering MERCADOLIBRE INC.

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 $1591.68 29.86%
2021-11-10 11 $2420 $1720 $2059.23 $1591.68 29.37%
2021-12-15 10 $2250 $1720 $2040.833 $1591.68 28.22%
2022-01-07 10 $2250 $1250 $1978.333 $1591.68 24.29%
2022-01-11 10 $2250 $1250 $1912.727 $1591.68 20.17%
2022-02-23 10 $2250 $1250 $1878 $1591.68 17.99%
2022-03-01 9 $2250 $1100 $1790 $1591.68 12.46%
2022-05-06 7 $2200 $1100 $1695 $1591.68 6.49%
2022-05-10 8 $2200 $1100 $1623.75 $1591.68 2.01%
2022-05-31 8 $2200 $850 $1592.5 $1591.68 0.05%
2022-06-09 8 $2200 $850 $1548.75 $1591.68 -2.7%
2022-07-21 8 $2200 $800 $1391.25 $1591.68 -12.59%
2022-08-04 9 $2100 $800 $1306.25 $1591.68 -17.93%
2022-08-07 9 $2100 $990 $1330 $1591.68 -16.44%
2022-08-08 8 $2100 $990 $1355.714 $1591.68 -14.82%
2022-10-14 8 $1550 $970 $1228.333 $1591.68 -22.83%
2022-11-07 7 $1550 $970 $1211.666 $1591.68 -23.88%
2022-11-08 7 $1550 $1000 $1216.666 $1591.68 -23.56%
2022-12-23 7 $1550 $1000 $1225 $1591.68 -23.04%
2023-01-09 8 $1550 $900 $1208.333 $1591.68 -24.08%
2023-01-13 8 $1550 $900 $1213.571 $1591.68 -23.76%
2023-02-03 8 $1590 $900 $1219.285 $1591.68 -23.4%
2023-02-06 8 $1590 $1100 $1269.285 $1591.68 -20.26%
2023-02-24 8 $1590 $1100 $1323.571 $1591.68 -16.84%
2023-02-27 8 $1620 $1100 $1327.857 $1591.68 -16.58%
2023-02-28 8 $1620 $1100 $1342.142 $1591.68 -15.68%
2023-03-19 8 $1620 $1100 $1429.285 $1591.68 -10.2%
2023-03-30 8 $1770 $1100 $1450.714 $1591.68 -8.86%
2023-04-06 8 $1770 $1350 $1486.428 $1591.68 -6.61%
2023-04-24 8 $1770 $1350 $1493.571 $1591.68 -6.16%
2023-05-04 8 $1770 $1350 $1500.714 $1591.68 -5.72%
2023-05-07 8 $1770 $1350 $1536.428 $1591.68 -3.47%
2023-05-08 8 $1770 $1350 $1550.714 $1591.68 -2.57%
2023-06-08 8 $1770 $1350 $1556.428 $1591.68 -2.21%
2023-07-10 8 $1770 $1350 $1536.875 $1591.68 -3.44%
2023-07-20 8 $1770 $1350 $1516.111 $1591.68 -4.75%
2023-07-25 8 $1770 $1300 $1505 $1591.68 -5.45%
2023-08-07 8 $2000 $1300 $1546.111 $1591.68 -2.86%
2023-08-09 9 $2180 $1350 $1634.5 $1591.68 2.69%
2023-08-22 10 $2180 $1350 $1622.272 $1591.68 1.92%
2023-09-01 11 $2180 $1350 $1653.75 $1591.68 3.9%
2023-09-18 12 $2180 $1350 $1651.538 $1591.68 3.76%
2023-10-18 12 $2180 $1350 $1638.076 $1591.68 2.91%
2023-11-03 12 $2180 $1350 $1653.461 $1591.68 3.88%
2023-11-06 12 $2180 $1350 $1678.846 $1591.68 5.48%
2023-11-28 12 $2180 $1350 $1696.153 $1591.68 6.56%
2023-12-27 12 $2180 $1350 $1703.846 $1591.68 7.05%

The Trend in the Analyst Price Target


Over the past 24 months, MELI's average price target has gone down $200.15.

MELI reports an average of 19.84% for its upside potential over the past 50 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-05-04 8 1770 1350 1500.714 1213.38 23.68%
2023-06-08 8 1770 1350 1556.428 1209.74 28.66%
2023-07-10 8 1770 1350 1516.111 1087.15 39.46%
2023-09-01 12 2180 1350 1653.750 1421.64 16.33%
2023-11-28 12 2180 1350 1696.153 1589.09 6.74%

MELI Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.29 10 0 2 0 0 12

The Trend in the Broker Recommendations


MELI's average broker recommendation rating improved by 0.11 over the prior 21 months.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • To contextualize these metrics, consider that out of all US stocks, MERCADOLIBRE INC's average analyst price target is higher than 6380.42% of them.
  • 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 higher than 1331.23% 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 higher than 1972.56% of them.
  • In terms of how MERCADOLIBRE INC fares relative to stocks in the large market cap category, note that its variance in analysts' estimates is lower than -3469.93% of that group.

In the Business Services industry, AKAM, EBAY, and CSGP are the three stocks most similar to MERCADOLIBRE INC regarding the price target and analyst recommendation information presented here.

Make investment decisions regarding MELI using the data that counts. Try POWR Ratings for free.


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