Wedbush Has Lowered Expectations for MercadoLibre (NASDAQ:MELI) Stock Price

MercadoLibre (NASDAQ:MELI) had its target price lowered by analysts at Wedbush from $2,700.00 to $2,600.00 in a research report issued to clients and investors on Tuesday, MarketBeat reports. The firm currently has an “outperform” rating on the stock. Wedbush’s price objective suggests a potential upside of 29.41% from the company’s previous close.

MELI has been the subject of several other reports. Barclays boosted their target price on MercadoLibre from $2,800.00 to $2,900.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Dbs Bank upgraded shares of MercadoLibre from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. raised shares of MercadoLibre from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $2,650.00 to $2,800.00 in a report on Thursday, February 12th. Weiss Ratings downgraded shares of MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 8th. Finally, BTIG Research restated a “buy” rating and set a $2,750.00 price target on shares of MercadoLibre in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, MercadoLibre has an average rating of “Moderate Buy” and an average price target of $2,880.00.

MercadoLibre Price Performance

NASDAQ MELI opened at $2,009.05 on Tuesday. MercadoLibre has a fifty-two week low of $1,723.90 and a fifty-two week high of $2,645.22. The stock’s 50-day moving average is $2,062.99 and its two-hundred day moving average is $2,184.72. The firm has a market cap of $101.86 billion, a P/E ratio of 49.03, a price-to-earnings-growth ratio of 0.98 and a beta of 1.44. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.17 and a quick ratio of 1.15.

Insider Activity

In related news, Director Emiliano Calemzuk sold 45 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $2,027.37, for a total value of $91,231.65. Following the completion of the sale, the director owned 257 shares in the company, valued at approximately $521,034.09. This trade represents a 14.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stelleo Tolda sold 246 shares of MercadoLibre stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $2,047.88, for a total value of $503,778.48. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,136 shares of company stock valued at $2,308,788. Insiders own 0.25% of the company’s stock.

Institutional Trading of MercadoLibre

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bison Wealth LLC acquired a new stake in MercadoLibre during the fourth quarter worth $206,000. Empowered Funds LLC lifted its holdings in shares of MercadoLibre by 6.9% during the 1st quarter. Empowered Funds LLC now owns 760 shares of the company’s stock worth $1,483,000 after acquiring an additional 49 shares during the period. Focus Partners Wealth boosted its position in shares of MercadoLibre by 42.0% during the 1st quarter. Focus Partners Wealth now owns 602 shares of the company’s stock valued at $1,176,000 after acquiring an additional 178 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of MercadoLibre during the 2nd quarter valued at about $261,000. Finally, Yousif Capital Management LLC increased its stake in MercadoLibre by 6.0% in the second quarter. Yousif Capital Management LLC now owns 142 shares of the company’s stock valued at $371,000 after acquiring an additional 8 shares during the period. 87.62% of the stock is currently owned by institutional investors.

Key MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: J.P. Morgan upgraded MercadoLibre, which tends to drive short-term buying and improves investor confidence in the company’s growth trajectory. JP Morgan Upgrades MercadoLibre (MELI)
• Positive Sentiment: Reporting that MercadoLibre’s logistics operations are shifting toward profitability reduces concerns about cash burn from fulfillment scale-up and supports a higher multiple if margins keep improving. MercadoLibre Logistics Shifts Toward Profit As Valuation Discount Persists
• Positive Sentiment: Several recent analyst/media pieces (Zacks, The Motley Fool, 247WallSt) highlight MercadoLibre as a long-term growth pick, reinforcing momentum buying from growth-oriented investors. Why MercadoLibre (MELI) is a Top Growth Stock for the Long-Term
• Positive Sentiment: The Motley Fool included MercadoLibre in recent lists of “monster” and “buy-and-hold” growth stocks, which can attract retail investor flows and longer-term conviction. 2 Monster Stocks to Hold for the Next 5 Years
• Neutral Sentiment: Comparative pieces (MercadoLibre vs. Alibaba) provide context on strategic differences; useful for positioning but not immediately market-moving by themselves. MercadoLibre vs Alibaba: Which E-Commerce Giant Is the Better Buy in 2026?
• Negative Sentiment: Wedbush trimmed its price target from $2,700 to $2,600 (though it kept an outperform rating), which reduces implied upside and can cap near-term gains until catalysts justify higher targets. Wedbush Adjusts Price Target on MercadoLibre to $2,600 from $2,700; Maintains Outperform Rating

MercadoLibre Company Profile

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.