Here’s How MercadoLibre Gets to $3,000 Per Share in 2026

3 hours ago 2

Jeremy Phillips

Sat, December 13, 2025 astatine 12:47 PM CST 4 min read

24/7 Wall St.

MercadoLibre (NASDAQ: MELI) has had a challenging 2025 contempt its dominance successful Latin America's e-commerce and fintech markets. Shares presently commercialized astir $2,016, down from their 52-week precocious of $2,645. The stock's volatility reflects some the explosive maturation accidental successful underpenetrated Latin American integer markets and near-term borderline pressures from assertive investments. With CEO Marcos Galperin declaring that "investments are delivering results crossed the ecosystem," investors are wondering if MELI tin rebound to $3,000 per stock successful 2026.

Analysts stay overwhelmingly bullish connected MercadoLibre's prospects. The statement 12-month terms people sits astatine $2,848, implying 41% upside from existent levels. Of 26 analysts covering the stock, 23 complaint it Buy oregon Strong Buy, with zero merchantability ratings. Wall Street expects gross to proceed expanding rapidly arsenic e-commerce penetration successful Latin America remains importantly beneath developed markets. The institution delivered 39.5% year-over-year gross maturation successful Q3 2025, reaching $7.41 cardinal successful quarterly revenue. Forward net estimates constituent to important nett acceleration, with a guardant P/E ratio of 30X representing a 39% discount to the trailing aggregate of 49.3X.

At today's terms of $2,016, MercadoLibre trades astatine astir 30x guardant earnings. If shares deed $3,000, they would commercialized astatine astir 45x guardant earnings, assuming existent estimates hold. That's a premium valuation, but not unreasonable for a institution operating successful high-growth markets with a 40.6% instrumentality connected equity. For context, the S&P 500 trades astir 22x guardant earnings, but MELI's maturation illustration justifies a important premium.

This infographic outlines the catalysts, risks, and humanities show supporting a imaginable $3,000 terms people for MercadoLibre (MELI) banal by 2026.

What could propulsion MercadoLibre to $3,000?

Margin recovery: Operating margins compressed to 9.8% successful Q3 2025, down from 12.9% successful Q1. If absorption tin show a credible way backmost toward the 14-15% operating margins achieved successful 2023, the banal could re-rate higher.
Fintech momentum: Payment measurement surged 41% year-over-year to $71.2 cardinal successful Q3. Expanding recognition lines and fiscal services adoption crossed Latin America correspond a monolithic untapped opportunity.
Innovation leadership: The December 2025 concern with Agility Robotics to deploy humanoid robots successful warehouse operations signals MELI's tech-forward approach. The banal jumped 2.7% connected the announcement.
Market penetration: Latin American e-commerce remains dramatically underpenetrated versus developed markets, providing a multi-year maturation runway.