Mercadolibre, Inc. (MELI)
$1959.42
Mercadolibre, Inc. (MELI) Share Price Forecast
Currently 25 wall-street analysts regularly analyze the financials of Mercadolibre, Inc. on a frequent basis to provide recommendations along with target share price. 25 analysts offering 12-month price forecasts for Mercadolibre, Inc. (MELI) have a share price target of $2329.06. This median of share price forecast represents a 18.86% upside from the latest price of $1959.42 as on 08.10.24.
Mercadolibre, Inc. (MELI) Price vs Consensus Price Target
Price
Target Price
As per the chart shown above, analysts believe that the Mercadolibre, Inc. (MELI) share price will touch around $2329.06 in next 12-months.
Mercadolibre, Inc. (MELI) Share Price Forecast v/s Share Price Today
Below is a chart showing the percentage difference between Mercadolibre, Inc.'s share price and its median forecast price. As on 08.10.24, the difference is -11.29%
Mercadolibre, Inc. (MELI): Difference between Current Price & Median Forecasted Price
Difference in Percentage terms
Mercadolibre, Inc. (MELI) Share Price : Analyst Recommendation
Based on 25 analysts tracking and researching Mercadolibre, Inc. (MELI) share have buy recommendation on an average.
| 3M Ago | 1M Ago | Current | |
| Buy | 14 | 14 | 14 |
| Outperform | 8 | 7 | 8 |
| Hold | 3 | 4 | 3 |
| Underperform | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
Mercadolibre, Inc. (MELI) Share Price Technical Analysis
50 Day Moving Average v/s Current Share Price
Moving Average
Price
200 Day Moving Average v/s Current Share Price
Moving Average
Price
FAQs
The latest share price target for Mercadolibre, Inc. (MELI) is $2329.06, offered by 25 analysts offering 12-month price forecasts.
Mercadolibre, Inc. (MELI) has a maximum of 0.19 upside potential, based on 25 analysts offering 12-month price forecasts.
Based on 25 analysts tracking and researching Mercadolibre, Inc. (MELI), 88% have a buy recommendation. Remaining 12% have either sell or hold recommendations.
The latest share price of Mercadolibre, Inc. (MELI) is $1959.42 as of 08/10/2024.
22 of total 25 analysts offering stock ratings for Mercadolibre, Inc. MELI have recommended buy rating.
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