MercadoLibre (MELI)
(Delayed Data from NSDQ)
$1,695.40 USD
-21.38 (-1.25%)
Updated May 9, 2024 04:00 PM ET
After-Market: $1,695.51 +0.11 (0.01%) 7:58 PM ET
3-Hold of 5 3
C Value A Growth C Momentum A VGM
MercadoLibre (MELI) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$1,787.00 | $2,180.00 | $1,350.00 | 4.09% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for MercadoLibre comes to $1,787.00. The forecasts range from a low of $1,350.00 to a high of $2,180.00. The average price target represents an increase of 4.09% from the last closing price of $1,716.78.
Analyst Price Targets (15)
Broker Rating
MercadoLibre currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 1.42 a month ago based on 13 recommendations.
Of the 13 recommendations deriving the current ABR, 10 are Strong Buy, representing 76.92% of all recommendations. A month ago, Strong Buy represented 76.92%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 10 | 10 | 10 | 10 | 10 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/15/2024 | New Street Research | Soomit Datta | Strong Buy | Strong Buy |
3/5/2024 | Wedbush Securities | Scott Devitt | Strong Buy | Strong Buy |
2/23/2024 | Susquehanna Financial Group | James E Friedman | Strong Buy | Strong Buy |
1/7/2024 | BTIG | Marvin Fong | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.42 |
ABR (Last week) | 1.42 |
# of Recs in ABR | 13 |
Average Target Price | $1,787.00 |
LT Growth Rate | 43.50% |
Industry | Internet - Commerce |
Industry Rank by ABR | 70 of 252 |
Current Quarter EPS Est: | 8.92 |