Across the recent three months, 8 analysts have shared their insights on MercadoLibre (NASDAQ:MELI), expressing a variety of opinions spanning from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $1998.75, along with a high estimate of $2150.00 and a low estimate of $1900.00. This upward trend is apparent, with the current average reflecting a 8.14% increase from the previous average price target of $1848.33.

Decoding Analyst Ratings: A Detailed Look

The standing of MercadoLibre...