MercadoLibre, Inc. (MELI) Social Stream
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 | $858.79 | 140.68% |
| 2021-11-10 | 11 | $2420 | $1720 | $2059.23 | $858.79 | 139.78% |
| 2021-12-15 | 11 | $2250 | $1720 | $2036.153 | $858.79 | 137.1% |
| 2022-01-07 | 10 | $2250 | $1250 | $1978.333 | $858.79 | 130.36% |
| 2022-01-11 | 10 | $2250 | $1250 | $1928.333 | $858.79 | 124.54% |
| 2022-02-23 | 10 | $2250 | $1250 | $1878 | $858.79 | 118.68% |
| 2022-03-01 | 10 | $2250 | $1100 | $1783 | $858.79 | 107.62% |
| 2022-05-06 | 8 | $2200 | $1100 | $1695 | $858.79 | 97.37% |
| 2022-05-10 | 8 | $2200 | $1100 | $1623.75 | $858.79 | 89.07% |
| 2022-05-31 | 8 | $2200 | $850 | $1592.5 | $858.79 | 85.44% |
| 2022-06-09 | 8 | $2200 | $850 | $1548.75 | $858.79 | 80.34% |
| 2022-07-21 | 8 | $2200 | $800 | $1391.25 | $858.79 | 62% |
| 2022-08-04 | 9 | $2100 | $800 | $1306.25 | $858.79 | 52.1% |
| 2022-08-07 | 9 | $2100 | $990 | $1330 | $858.79 | 54.87% |
| 2022-08-08 | 9 | $2100 | $990 | $1336.25 | $858.79 | 55.6% |
The Trend in the Analyst Price Target
MELI's average price target has moved down $615.15 over the prior 14 months.
MELI reports an average of 60.35% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-15 | 10 | 2250 | 1720 | 2036.153 | 1210.120 | 68.26% |
| 2022-03-01 | 8 | 2250 | 1100 | 1790.000 | 1124.520 | 59.18% |
| 2022-05-10 | 8 | 2200 | 1100 | 1623.750 | 774.440 | 109.67% |
| 2022-06-09 | 8 | 2200 | 850 | 1548.750 | 748.405 | 106.94% |
| 2022-08-07 | 9 | 2100 | 990 | 1330.000 | 1024.810 | 29.78% |
MELI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.39 | 7 | 0 | 2 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
MELI's average broker recommendation rating improved by 0.6 over the prior 29 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, MERCADOLIBRE INC's average analyst price target is higher than 2392.63% of them.
- In terms of how MERCADOLIBRE INC fares relative to stocks in the large market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 1980.79% of that group.
- 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 -1533.4% of that group.
- 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 722.12% of that group.
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.
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