MercadoLibre Analyst Projections: Bullish Sentiments and Rising Price Targets

14 analysts have published ratings on MercadoLibre (MELI) in the last three months, with a range of perspectives from bullish to bearish. The average 12-month price target is $2853.57, with a high estimate of $3500.00 and a low estimate of $2600.00. The upward trend is evident, with the current average reflecting a 3.88% increase from the previous average price target.

MercadoLibre (MELI) has been the subject of varied analyst opinions in the past three months, with 14 analysts publishing ratings on the stock. The average 12-month price target for MELI has increased to $2853.57, reflecting a 3.88% rise from the previous average price target [1].

The analysts' ratings range from bullish to bearish, with a majority favoring a buy or strong buy rating. The consensus rating is "Moderate Buy," indicating a positive outlook on the stock's performance [1]. Despite the mixed views, the upward trend in price targets suggests growing investor confidence in MercadoLibre's growth prospects.

The average price target of $2853.57 is supported by a high estimate of $3500.00 and a low estimate of $2600.00. This range reflects the diverse opinions among analysts, with some predicting significant upside potential and others being more conservative in their estimates [1].

Recent earnings reports have shown that MercadoLibre's revenue growth has been robust, with a year-over-year increase of approximately 33.8% in the latest quarter. However, the company missed its earnings per share (EPS) estimate, which could raise concerns about short-term profitability and operational efficiency [2].

Several large investors have made significant changes to their positions in MELI, with some increasing their holdings and others reducing their stakes. For instance, Liontrust Investment Partners LLP cut its holdings by 20.0% during the first quarter, while Close Asset Management Ltd boosted its holdings by 366.7% [2].

Institutional investors and hedge funds own 87.62% of the company's stock, indicating strong institutional support for MELI. However, the stock's volatility, as measured by a beta of 1.46, could pose a risk for conservative investors [2].

The recent analyst ratings changes suggest a mixed outlook on MELI's future performance. Goldman Sachs, for example, raised its price target to $3000.00 and gave the stock a "buy" rating, while Barclays decreased its price target to $3000.00 and set an "overweight" rating [2].

In conclusion, the mixed views among analysts on MercadoLibre (MELI) have driven the average 12-month price target upward. While the stock's growth prospects are promising, the recent earnings miss and volatility could pose challenges for investors.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/MELI/forecast/
[2] https://www.marketbeat.com/instant-alerts/filing-liontrust-investment-partners-llp-has-3005-million-position-in-mercadolibre-inc-nasdaqmeli-2025-08-15/