MercadoLibre (MELI)
(Real Time Quote from BATS)
$1,608.76 USD
-21.89 (-1.34%)
Updated Jun 5, 2024 03:00 PM ET
3-Hold of 5 3
B Value A Growth D Momentum A VGM
MercadoLibre (MELI) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$1,893.67 | $2,180.00 | $1,350.00 | 16.13% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for MercadoLibre comes to $1,893.67. 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 16.13% from the last closing price of $1,630.65.
Analyst Price Targets (15)
Broker Rating
MercadoLibre currently has an average brokerage recommendation (ABR) of 1.39 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 1.42 a month ago based on 13 recommendations.
Of the 14 recommendations deriving the current ABR, 11 are Strong Buy, representing 78.57% 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 | 11 | 11 | 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 | 1.39 | 1.39 | 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 |
---|---|---|---|---|
5/24/2024 | New Street Research | Soomit Datta | Strong Buy | Hold |
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 | 1.39 |
ABR (Last week) | 1.39 |
# of Recs in ABR | 14 |
Average Target Price | $1,893.67 |
LT Growth Rate | 40.50% |
Industry | Internet - Commerce |
Industry Rank by ABR | 66 of 252 |
Current Quarter EPS Est: | 8.94 |