MercadoLibre, Inc. (MELI) Social Stream



MercadoLibre, Inc. (MELI): $739.46

40.82 (+5.84%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Internet


Ranked

of 65

in industry

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 $1265.01 63.39%
2021-11-10 11 $2420 $1720 $2059.23 $1265.01 62.78%
2021-12-15 11 $2250 $1720 $2036.153 $1265.01 60.96%
2022-01-07 10 $2250 $1250 $1978.333 $1265.01 56.39%
2022-01-11 10 $2250 $1250 $1928.333 $1265.01 52.44%
2022-02-23 10 $2250 $1250 $1878 $1265.01 48.46%
2022-03-01 8 $2250 $1100 $1788.75 $1265.01 41.4%

The Trend in the Analyst Price Target


Over the past 15 months, MELI's average price target has gone up $384.73.

MELI reports an average of 42.97% for its upside potential over the past 46 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-05-15 25 2500 1075 1937.96 1323.10 46.47%
2021-08-05 23 2500 1075 1959.00 1786.11 9.68%
2021-09-19 23 2670 1075 2040.09 1878.23 8.62%
2021-09-20 23 2670 1075 2040.09 1820.70 12.05%
2022-02-23 10 2250 1250 1878.00 920.57 104%

MELI Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.44 6 0 2 0 0 8

The Trend in the Broker Recommendations


MELI's average broker recommendation rating improved by 0.64 over the prior 43 weeks.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MELI as an investment opportunity.

  • In the context of all US stocks, Mercadolibre Inc's average analyst price target is greater than 1495.6% of them.
  • Mercadolibre Inc's upside potential (average analyst target price relative to current price) is greater than 1183.39% of stocks in the large market cap category.
  • In the context of stocks in the large market cap category, Mercadolibre Inc's variance in analysts' estimates is lower than -841.88% of them.
  • To contextualize these metrics, consider that out of stocks in the large market cap category, Mercadolibre Inc's number of analysts covering the stock is greater than 529.74% of them.

In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to Mercadolibre Inc are LYFT, GRAB, and GPN.

Is MELI a Buy, Hold or Sell? See the POWR Ratings now!


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