MercadoLibre (NASDAQ:MELI) Raised to “Overweight” at JPMorgan Chase & Co.

MercadoLibre (NASDAQ:MELI) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Thursday, Marketbeat reports. The firm currently has a $2,800.00 target price on the stock, up from their prior target price of $2,650.00. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 40.83% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings cut shares of MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 8th. Cantor Fitzgerald reduced their price objective on shares of MercadoLibre from $2,900.00 to $2,750.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Dbs Bank raised shares of MercadoLibre from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 2nd. Morgan Stanley increased their price target on MercadoLibre from $2,850.00 to $2,950.00 and gave the stock an “overweight” rating in a research note on Monday, November 3rd. Finally, Wedbush decreased their price objective on MercadoLibre from $2,800.00 to $2,700.00 and set an “outperform” rating on the stock in a report on Friday, December 19th. 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $2,886.25.

MercadoLibre Stock Down 0.9%

Shares of NASDAQ:MELI opened at $1,988.26 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $100.80 billion, a P/E ratio of 48.52, a P/E/G ratio of 1.00 and a beta of 1.44. MercadoLibre has a 52-week low of $1,723.90 and a 52-week high of $2,645.22. The stock’s fifty day simple moving average is $2,066.21 and its 200-day simple moving average is $2,194.16.

Insider Activity

In other news, Director Henrique Vasoncelos Dubugras sold 845 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $2,028.14, for a total transaction of $1,713,778.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stelleo Tolda sold 246 shares of the stock in a transaction on 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. Insiders sold 1,136 shares of company stock valued at $2,308,788 in the last ninety days. Company insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On MercadoLibre

Hedge funds and other institutional investors have recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new position in MercadoLibre in the fourth quarter valued at approximately $26,000. Transamerica Financial Advisors LLC purchased a new position in shares of MercadoLibre in the 4th quarter valued at $26,000. Darwin Wealth Management LLC purchased a new position in shares of MercadoLibre in the 2nd quarter valued at $29,000. Curio Wealth LLC acquired a new position in shares of MercadoLibre during the 4th quarter valued at $30,000. Finally, Holos Integrated Wealth LLC purchased a new stake in MercadoLibre during the 4th quarter worth $32,000. 87.62% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: JPMorgan upgraded MELI to overweight and raised its price target to $2,800, citing easing competition and a steadier outlook — a clear analyst catalyst that can support upside. JPMorgan Upgrade
• Positive Sentiment: Partnership with Brazilian food retailer Assaí to sell and store products on MercadoLibre’s platform strengthens marketplace assortment and logistics monetization in Brazil — supportive for revenue and fulfillment scale. Assaí Partnership
• Positive Sentiment: Buy-side conviction: Loomis Sayles highlighted MELI as trading at a discount in its Q4 letter, signaling institutional interest that can underpin longer-term demand. Loomis Sayles Letter
• Neutral Sentiment: MercadoLibre set Q4 2025 earnings release and webcast for Feb 24 — this is the immediate catalyst that could drive volatility depending on results and guidance. Earnings Release Notice
• Neutral Sentiment: Analyst commentary and valuation pieces (Zacks, Yahoo, The Globe & Mail) debate whether MELI’s multiple (P/E and PEG) fairly prices fintech and logistics growth versus near-term credit headwinds — keeps investor views split. Valuation Discussion
• Negative Sentiment: Reports of insider selling and heavy investment spending are weighing on market confidence; investors worry about return on capital and near-term dilution of margins. Insider Selling Report
• Negative Sentiment: Credit trends: coverage notes rising bad-loan expenses in Mercado Crédito and slower fintech growth as one reason for recent share underperformance, a direct risk to profitability and investor sentiment. Credit/Fintech Concerns

About MercadoLibre

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.