Jan 19, 2026 1 min read 0 views

Analysts Show Strong Support for MercadoLibre Amid AI-Driven Growth Outlook

Analysts maintain bullish views on MercadoLibre (MELI) with a $2,800 consensus target, citing AI-driven efficiency gains and platform scale, while Wedbush adjusted its target to $2,700 due to higher spending concerns.

Analysts Show Strong Support for MercadoLibre Amid AI-Driven Growth Outlook

As of January 12, 2026, more than 90% of analysts hold a bullish stance on MercadoLibre, Inc. (NASDAQ:MELI), with a consensus price target set at $2,800. This represents an upside potential of 28.50%.

On January 8, 2025, Cantor Fitzgerald issued a more constructive sector outlook, stating that global internet stocks are entering a golden age of AI synergy over the next one to two years, as AI moves from experimentation to monetization. In 2025, the sector outperformed the Nasdaq by approximately nine points. However, the firm noted that the group still trades about 20% below medium-term valuation ranges. Among large-cap internet stocks, Cantor Fitzgerald identified MercadoLibre, Inc. (NASDAQ:MELI) as one with potential to accelerate revenue growth by leveraging AI-enabled efficiencies and platform scale.

Broader analyst commentaries remain supportive but selective. Another investment firm, Wedbush, reduced its price target on MercadoLibre, Inc. (NASDAQ:MELI) from $2,800 to $2,700 on December 19, 2025, while reiterating an 'Outperform' rating. The firm cited higher 2026 spending linked to logistics and marketing, while also monitoring loan-book expansion. According to TheFly, the firm remains cautious on underlying demand trends and competition across core markets.

MercadoLibre, Inc. (NASDAQ:MELI) operates Latin America's leading e-commerce and fintech ecosystem, facilitating digital commerce, payments, logistics, and credit across multiple countries.

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