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Analysts Lower Price Targets on MercadoLibre (MELI) but Stay Positive
Yahoo Finance· 2025-11-18 09:45
Core Viewpoint - MercadoLibre, Inc. (NASDAQ:MELI) is recognized as one of the best aggressive growth stocks, despite recent price target reductions by analysts following its Q3 2025 results, which showed strong gross merchandise volume (GMV) and revenue but lower-than-expected operating income [1][3]. Group 1: Analyst Ratings and Price Targets - Cantor Fitzgerald lowered its price target on MercadoLibre from $2,900 to $2,750 while maintaining an Overweight rating [1]. - Benchmark also reduced its price target from $2,875 to $2,780, keeping a Buy rating [3]. - BofA reaffirmed a Buy rating on MercadoLibre with a price target of $3,000 [2]. Group 2: Company Performance and Strategy - MercadoLibre reported impressive Q3 2025 results, driven by investments in logistics and marketing initiatives [4]. - The company reduced the free shipping threshold in Brazil, which led to increased buyer activity and market share gains [4]. - Analysts noted that while current investments are impacting margins, there is strong momentum in several business areas, indicating potential for improved profitability in the medium term [3]. Group 3: Market Position - MercadoLibre is the leading e-commerce and financial technology company in Latin America, operating in 18 countries [4].