Stocklytics Platform
Asset logo for symbol MELI
MercadoLibre
MELI65
$2,204.81arrow_drop_up2.85%$61.07
High Quality
Asset logo for symbol MELI
MELI65

$2,204.81

arrow_drop_up2.85%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

MercadoLibre (MELI) Stocklytics Forecast

MercadoLibre Inc (MELI) is a leading e-commerce and technology company in Latin America. With its extensive reach and strong presence in the region, the company has shown significant growth potential in recent years. As investors look ahead to the future, they are eager to predict the stock price movements of MercadoLibre Inc. Several factors can influence the stock price, including market trends, economic conditions, and company performance.
Forecasting stock prices is a challenging task, but artificial intelligence (AI) and machine learning (ML) algorithms have made significant advancements in this field. These technologies can analyze historical data, identify patterns, and make predictions based on the available information. Many analysts use AI and ML models to forecast the future performance of MercadoLibre Inc stock.
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Frequently Asked Questions

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What is the analyst price prediction for MercadoLibre (MELI) stock?

Analysts have set a target price of $1.86K for MercadoLibre (MELI), based on forecasts from 19 analysts. The predicted price range extends from a high of $2.15K to a low of $1.35K. This represents a potential increase of up to -2.49% and a decrease of -38.77% from the current price of $2.2K. These forecasts are as of 2023 Jun 08.
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What are the analyst ratings for MercadoLibre (MELI) stock?

The analyst ratings for MercadoLibre (MELI) are distributed as follows: 21 analysts recommend buying, 3 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 24 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering MercadoLibre .
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What is the AI price prediction for MercadoLibre (MELI) stock?

At present, there is no AI or machine-learning-based price prediction available for MercadoLibre (MELI) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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