Here's How MercadoLibre Gets to $3,000 Per Share in 2026
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Here's How MercadoLibre Gets to $3,000 Per Share in 2026
"The consensus 12-month price target sits at $2,848, implying 41% upside from current levels. Of 26 analysts covering the stock, 23 rate it Buy or Strong Buy, with zero sell ratings. Wall Street expects revenue to continue expanding rapidly as e-commerce penetration in Latin America remains significantly below developed markets. The company delivered 39.5% year-over-year revenue growth in Q3 2025, reaching $7.41 billion in quarterly revenue."
"MercadoLibre ( NASDAQ: MELI) has had a challenging 2025 despite its dominance in Latin America's e-commerce and fintech markets. Shares currently trade around $2,016, down from their 52-week high of $2,645. The stock's volatility reflects both the explosive growth opportunity in underpenetrated Latin American digital markets and near-term margin pressures from aggressive investments. With CEO Marcos Galperin declaring that "investments are delivering results across the ecosystem," investors are wondering if MELI can rebound to $3,000 per share in 2026."
"At today's price of $2,016, MercadoLibre trades at roughly 30x forward earnings. If shares hit $3,000, they would trade at approximately 45x forward earnings, assuming current estimates hold. That's a premium valuation, but not unreasonable for a company operating in high-growth markets with a 40.6% return on equity. For context, the S&P 500 trades around 22x forward earnings, but MELI's growth profile justifies a significant premium."
MercadoLibre experienced a challenging 2025 with shares near $2,016, down from a $2,645 52-week high, reflecting volatility between growth opportunity and margin pressure. Revenue grew 39.5% year-over-year in Q3 2025 to $7.41 billion, while operating margins compressed to 9.8% from 12.9% earlier in the year. Analysts are mostly bullish, with a consensus 12-month price target of $2,848 and 23 of 26 ratings at Buy or Strong Buy. The stock trades around 30x forward earnings, implying about 45x forward if shares reach $3,000. Margin recovery toward 14–15% would support the higher valuation.
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