MercadoLibre Stock Price Forecast – MELI Shares Jumps 4.36% With Fintech Revenue Surges
MercadoLibre (NASDAQ:MELI) Surges to $2,275 as Latin America’s E-Commerce and Fintech Titan Targets 67% Upside
MercadoLibre (NASDAQ:MELI) ended Thursday’s session up 4.36% at $2,275, extending a two-week rebound from its $2,170 base as investors reassessed growth potential following two contrasting earnings reactions. With a market capitalization of $115.3 billion, a trailing P/E ratio of 55.49, and a forward multiple of 32.26, the stock continues to price in aggressive expansion expectations across Latin America’s digital economy. Analysts’ average 12-month target of $2,887.73 implies a further 27% upside, while long-term DCF models place intrinsic value near $3,649, projecting a potential 67% appreciation from current…
