MELI Stock Predictions

Recent MELI Stock Price   MELI Stock Predictions
$1522.65 MELI stock predictions: higher
+19.06%
$1812.86
 As of 2024-03-28
Recent MELI Analyst Ratings Breakdown, Making MELI Stock Predictions
  Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong buy ratings: 10 10 10 10
Buy ratings: 0 0 0 0
Hold ratings: 3 3 3 3
Sell ratings: 0 0 0 0
Strong sell ratings: 0 0 0 0
Average rating: 1.42 1.42 1.42 1.42
In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell.

For the MELI stock predictions from the analysts covering MercadoLibre Inc, we have collected all of the individual MELI stock predictions for stock price one year from now (i.e. each analyst's "forward price target") and at the top of this page we have presented the average prediction across the 14 different analysts covering MELI (as reported in data provided by Zacks Investment Research via Quandl.com).

But since MELI stock predictions may vary widely, another useful metric to consider is the median MELI stock prediction, which represents the price at which half of the analysts made MELI stock predictions that were higher and half made MELI stock predictions that were lower. This makes for a different take on the MELI stock predictions out there, as compared to average or mean. And that median across all the individual MELI stock predictions was: $1892.5 as of 2024-03-28.

The very highest of the MELI stock predictions for one year price target was $2180.0, while the very lowest of the MELI stock predictions in the analyst group was $1350.0 (with a standard deviation of $279.014). Get the latest Zacks research report on MELI — FREE


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Name: 
MercadoLibre Inc
Website: 
www.mercadolibre.com
Sector: 
Application Software
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Strong Buy (3.58 out of 4)
65th percentile
(ranked higher than approx. 65% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com


 
 

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