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MERCADOLIBRE INC (MELI) Stock Analyst Ratings

NASDAQ:MELI - Nasdaq - US58733R1023 - Common Stock - Currency: USD

1966.5  +76.74 (+4.06%)

Buy % Consensus

84

ChartMill assigns a Buy % Consensus number of 84% to MELI. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 2366.31. This target is 20.33% above the current price.
MELI was analyzed by 27 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about MELI.
In the previous month the buy percentage consensus was at a similar level.
MELI was analyzed by 27 analysts, which is quite many. So the average rating should be quite meaningful.
MELI Historical Analyst RatingsMELI Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -97 -88 -79 -70 -61 -52 -43 -34 -25 -16 -7 10 20 30

Price Target & Forecast

Price Low Median Mean High 1,966.501,778.712,346.002,366.312,940.00 - -9.55% 19.30% 20.33% 49.50%
MELI Current Analyst RatingMELI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15
Up and Down Grades
Date Firm Action Rating
2025-01-21 Raymond James Upgrade Outperform -> Strong Buy
2025-01-08 JP Morgan Maintains Neutral -> Neutral
2025-01-06 Wedbush Maintains Outperform -> Outperform
2024-11-26 Citigroup Maintains Buy -> Buy
2024-11-13 JP Morgan Maintains Neutral -> Neutral
2024-11-12 Barclays Maintains Overweight -> Overweight
2024-11-11 Morgan Stanley Maintains Overweight -> Overweight
2024-11-07 Cantor Fitzgerald Maintains Overweight -> Overweight
2024-11-07 BTIG Maintains Buy -> Buy
2024-10-22 Citigroup Maintains Buy -> Buy
2024-10-11 Redburn Atlantic Initiate Buy
2024-10-07 Cantor Fitzgerald Reiterate Overweight -> Overweight
2024-10-02 Barclays Maintains Overweight -> Overweight
2024-10-02 JP Morgan Downgrade Overweight -> Neutral
2024-09-27 Raymond James Initiate Outperform
2024-09-23 Cantor Fitzgerald Reiterate Overweight -> Overweight
2024-09-20 Morgan Stanley Maintains Overweight -> Overweight
2024-09-12 B of A Securities Maintains Buy -> Buy
2024-09-05 Cantor Fitzgerald Initiate Overweight
2024-08-28 Susquehanna Maintains Positive -> Positive
2024-08-21 BTIG Maintains Buy -> Buy
2024-08-19 Susquehanna Maintains Positive -> Positive
2024-08-15 Citigroup Maintains Buy -> Buy
2024-08-08 Goldman Sachs Maintains Buy -> Buy
2024-08-06 Barclays Maintains Overweight -> Overweight
2024-08-06 JP Morgan Maintains Overweight -> Overweight
2024-08-02 BTIG Maintains Buy -> Buy
2024-05-20 Jefferies Upgrade Hold -> Buy
2024-05-13 Barclays Maintains Overweight -> Overweight
2024-05-03 Wedbush Reiterate Outperform -> Outperform