Quick Access Forecast in this page:

MercadoLibre Inc (MELI) stock prediction

Will MercadoLibre Inc stock go up? Is MercadoLibre Inc stock a good buy now?

From AI system, total return is 1523.6% from 1357 forecasts. Forecast for Apr. 2021 is $1431.56 , for Mar. 2022 is $1319.61 , for Mar. 2024 is $1081.56 , for Mar. 2026 is $1008.96 , and for Mar. 2031 is $1379.13.

Since closing price on 2021-03-04 is $1458.64 and forecast for Mar. 2022 is $1319.61, MercadoLibre Inc stock is not a good 1 year investment. Please, see more forecasts below.

Table of contents

Statistics

Statistics from all past short term forecast signals in AI Pickup
Total return : 1523.6 %
Number of direction forecasts : 1357

Click to see the forecast history of all tickers

Chart for MercadoLibre Inc (MELI) stock

<MELI Chart by Tradingview>

Long term forecast for MercadoLibre Inc stock

MELI long term forecast chart
Date
Price
Apr. 2021
$1431.55974806491
May. 2021
$1438.90653510693
Jun. 2021
$1527.27666281993
Jul. 2021
$1547.42180366221
Aug. 2021
$1286.76843077593
Sep. 2021
$1201.59644436803
Oct. 2021
$1207.83722021478
Nov. 2021
$1236.98419137532
Dec. 2021
$1265.83192239165
Jan. 2022
$1286.85467080438
Feb. 2022
$1305.42168780419
Mar. 2022
$1319.60606308547
Apr. 2022
$1328.02893730835
May. 2022
$1332.28599627784
Jun. 2022
$1335.17587117865
Jul. 2022
$1338.04985201279
Aug. 2022
$1339.55419599018
Sep. 2022
$1350.29770205923
Oct. 2022
$1253.98475980387
Nov. 2022
$1140.83195579412
Dec. 2022
$1117.49701312618
Jan. 2023
$1148.18776909623
Feb. 2023
$1191.56934863767
Mar. 2023
$1240.64865674776
Apr. 2023
$1284.92393414937
May. 2023
$1315.06242035821
Jun. 2023
$1324.93096786791
Jul. 2023
$1322.08857894408
Aug. 2023
$1303.01864227896
Sep. 2023
$1282.55385409577
Oct. 2023
$1297.02952248792
Nov. 2023
$1164.94610017527
Dec. 2023
$1008.556234897
Jan. 2024
$972.66174187503
Feb. 2024
$1025.19889249079
Mar. 2024
$1081.5622943799
Apr. 2024
$1138.81439044154
May. 2024
$1191.34545814289
Jun. 2024
$1237.62054271148
Jul. 2024
$1278.64214768615
Date
Price
Aug. 2024
$1308.92328804897
Sep. 2024
$1318.93135014394
Oct. 2024
$1280.32171884306
Nov. 2024
$1206.00253474049
Dec. 2024
$1096.522045025
Jan. 2025
$1043.79102604041
Feb. 2025
$1072.683103465
Mar. 2025
$1080.60580514521
Apr. 2025
$1059.03539821283
May. 2025
$1004.36392953249
Jun. 2025
$935.344239327974
Jul. 2025
$922.654887429431
Aug. 2025
$964.100530405162
Sep. 2025
$1019.26824716726
Oct. 2025
$1070.47049240531
Nov. 2025
$1111.68243373399
Dec. 2025
$1144.48425533775
Jan. 2026
$1152.42510764966
Feb. 2026
$1054.04544616885
Mar. 2026
$1008.95672613262
Apr. 2026
$994.629892920391
May. 2026
$987.209620347877
Jun. 2026
$959.795593012601
Jul. 2026
$902.459611599066
Aug. 2026
$880.029453393361
Sep. 2026
$912.917122579473
Oct. 2026
$956.056366659867
Nov. 2026
$1004.043987857
Dec. 2026
$1052.94326132296
Jan. 2027
$1097.2683793781
Feb. 2027
$1137.22733845052
Mar. 2027
$1097.92366623814
Apr. 2027
$1038.8800537722
May. 2027
$1023.41159488196
Jun. 2027
$1017.87055041503
Jul. 2027
$1014.31086814882
Aug. 2027
$1015.69257272285
Sep. 2027
$1027.13953840958
Oct. 2027
$1041.09766851954
Nov. 2027
$1050.61644845086
Date
Price
Dec. 2027
$1054.28699673771
Jan. 2028
$1042.54599081748
Feb. 2028
$1004.07587410187
Mar. 2028
$940.535319993465
Apr. 2028
$892.034869867237
May. 2028
$889.936558731481
Jun. 2028
$918.644873274074
Jul. 2028
$952.320672321949
Aug. 2028
$976.908008577023
Sep. 2028
$994.95601562181
Oct. 2028
$1007.25910245553
Nov. 2028
$1015.05072714142
Dec. 2028
$1021.64647047725
Jan. 2029
$1025.53482634447
Feb. 2029
$1016.92426477869
Mar. 2029
$993.044214490687
Apr. 2029
$958.654163557634
May. 2029
$987.491985310177
Jun. 2029
$1040.40117481997
Jul. 2029
$1068.47941716385
Aug. 2029
$1096.11291997538
Sep. 2029
$1120.87724941739
Oct. 2029
$1147.13640601909
Nov. 2029
$1180.15544653408
Dec. 2029
$1219.03243173429
Jan. 2030
$1267.70742225938
Feb. 2030
$1314.51515428465
Mar. 2030
$1347.67429805404
Apr. 2030
$1360.98479400273
May. 2030
$1355.91772630192
Jun. 2030
$1354.65424611273
Jul. 2030
$1349.78869947952
Aug. 2030
$1348.23284695271
Sep. 2030
$1351.19640360706
Oct. 2030
$1355.16059968132
Nov. 2030
$1357.74299307003
Dec. 2030
$1357.99082277634
Jan. 2031
$1358.68329390348
Feb. 2031
$1359.05435168229
Mar. 2031
$1379.1313050163

Analyst rating for MercadoLibre Inc stock

Date
Firm
Analysis
2021-02-11
ScotiaBank
Price target is $2050.0000. Analyst rating is Sector Perform.
2020-12-22
Santander
Price target is $1980.0000. Analyst rating is Buy. Prior analyst rating was Hold
2020-10-26
Jefferies
Price target is $1560.0000. Prior price target was $1350.0000.
 Analyst rating is Buy.
2020-10-14
Barclays
Price target is $1350.0000. Prior price target was $1340.0000.
 Analyst rating is Overweight.
2020-09-28
Jefferies
Price target is $1350.0000. Prior price target was $1190.0000.
 Analyst rating is Buy. Prior analyst rating was Hold
2020-08-11
UBS
Price target is $1400.0000. Prior price target was $1040.0000.
 Analyst rating is Buy.
2020-08-11
Credit Suisse
Price target is $1484.0000. Prior price target was $1250.0000.
 Analyst rating is Outperform.
2020-08-11
Susquehanna
Price target is $1300.0000. Prior price target was $630.0000.
 Analyst rating is Positive. Prior analyst rating was Neutral
2020-06-04
UBS
Price target is $1040.0000. Prior price target was $670.0000.
 Analyst rating is Buy.
2020-05-06
Credit Suisse
Price target is $770.0000. Prior price target was $720.0000.
 Analyst rating is Outperform.
2020-05-06
B of A Securities
Price target is $800.0000. Prior price target was $650.0000.
 Analyst rating is Buy.
2020-05-04
Credit Suisse
Price target is $720.0000. Prior price target was $760.0000.
 Analyst rating is Outperform.
2020-04-22
Susquehanna
Analyst rating is Neutral. Prior analyst rating was Positive
2020-04-02
Cantor Fitzgerald
Price target is $548.0000. Analyst rating is Overweight.
2020-02-11
Credit Suisse
Price target is $760.0000. Prior price target was $750.0000.
 Analyst rating is Outperform.
2020-02-11
Citigroup
Price target is $660.0000. Prior price target was $645.0000.
 Analyst rating is Neutral. Prior analyst rating was Buy
2020-02-07
Credit Suisse
Price target is $750.0000. Prior price target was $680.0000.
 Analyst rating is Outperform.
2020-02-06
Jefferies
Price target is $700.0000. Analyst rating is Hold.
2020-02-05
Susquehanna
Price target is $820.0000. Prior price target was $500.0000.
 Analyst rating is Positive. Prior analyst rating was Neutral
2020-01-22
Piper Sandler
Price target is $760.0000. Prior price target was $675.0000.
 Analyst rating is Overweight.
2020-01-07
Morgan Stanley
Price target is $710.0000. Analyst rating is Overweight.
2019-12-30
Itau BBA
Analyst rating is Market Perform. Prior analyst rating was Underperform
2019-11-01
Barclays
Price target is $660.0000. Prior price target was $700.0000.
 Analyst rating is Overweight.
2019-10-21
UBS
Price target is $670.0000. Prior price target was $730.0000.
 Analyst rating is Buy.

Financial Data for MercadoLibre Inc stock

Market Cap
72741937152
Held Percent By Insiders
8.415000000000001%
Held Percent By Institutions
84.87599999999999%
Sector
Consumer Cyclical
Website
http://www.mercadolibre.com
currency
USD

Forward PE
209.5747
Enterprise Value
7.5448311808E10
Enterprise To Ebitda
324.252
Enterprise To Revenue
18.988

Average 10 day Volume
826942
Average Volume
547313
Fifty Two Week High
$2020.0
Fifty Two Week Low
$422.22

Frequently Asked Questions for MercadoLibre Inc stock

Is MercadoLibre Inc a good long term stock?

For 1 year investment, MercadoLibre Inc (MELI) stock cannot be a good investment choice. According to AI Pickup, the MercadoLibre Inc stock price forecast for Mar. 2022 is $1319.60606308547
For 5 year investment, MercadoLibre Inc (MELI) stock cannot be a good investment choice. According to AI Pickup, the MercadoLibre Inc stock price forecast for Mar. 2026 is $1008.95672613262
For 10 year investment, MercadoLibre Inc (MELI) stock cannot be a good investment choice. According to AI Pickup, the MercadoLibre Inc stock price forecast for Mar. 2031 is $1379.1313050163

Is MercadoLibre Inc stock overvalued?

MercadoLibre Inc (MELI) stock is expected to go DOWN . Therefore, AI Pickup would say that MercadoLibre Inc (MELI) stock is overvalued.

Will MercadoLibre Inc stock price go up?

No. The MercadoLibre Inc stock price forecast for Mar. 2022 is $1319.60606308547

14 Days Historical Data for MercadoLibre Inc stock

Date
Close
Open
Low
High
2021-02-12
$1943.0
$1934.15
$1880.0
$1947.94
2021-02-16
$1939.87
$1958.5
$1925.42
$2006.71
2021-02-17
$1890.25
$1913.19
$1827.69
$1915.89
2021-02-18
$1891.09
$1852.0
$1830.66
$1894.94
2021-02-19
$1910.39
$1891.09
$1891.09
$1955.74
2021-02-22
$1788.82
$1878.48
$1783.59
$1881.5
2021-02-23
$1775.79
$1717.17
$1657.6
$1779.0
2021-02-24
$1714.0
$1769.3
$1699.53
$1784.0
2021-02-25
$1613.06
$1703.28
$1594.66
$1730.0
2021-02-26
$1638.11
$1636.03
$1575.0
$1660.0
2021-03-01
$1713.28
$1691.03
$1665.28
$1724.23
2021-03-02
$1642.41
$1700.0
$1606.52
$1707.87
2021-03-03
$1528.0
$1639.12
$1518.72
$1655.0
2021-03-04
$1458.64
$1519.0
$1407.39
$1582.94