MercadoLibre, Inc. (NASDAQ:MELI) Price Target and Market Comparison

• Deepak Mathivanan from Cantor Fitzgerald sets a price target of $2,900 for NASDAQ:MELI, indicating a potential upside of 16.26%.
• MercadoLibre and Amazon are often compared, with MercadoLibre showing stronger performance in the period both stocks have been traded.
• MercadoLibre's current stock price is $2,494.35, with a market capitalization of approximately $126.46 billion.

MercadoLibre, Inc. (NASDAQ:MELI) is a leading e-commerce company in Latin America, often compared to Amazon due to its significant role in the region's online retail market. On September 24, 2025, Deepak Mathivanan from Cantor Fitzgerald set a price target of $2,900 for MELI, suggesting a potential upside of 16.26% from its current trading price of $2,494.35.

Amazon and MercadoLibre are frequently compared, with Amazon having a market capitalization of nearly $2.5 trillion. Despite Amazon's longer market presence and higher total returns, MercadoLibre has shown stronger performance during the period both stocks have been traded. This has led investors to consider which stock might be the better purchase.

MercadoLibre's stock is currently priced at $2,494.35, reflecting a 1.37% increase or $33.69. The stock has fluctuated between $2,433.49 and $2,516.65 today. Over the past year, it reached a high of $2,645.22 and a low of $1,646, indicating significant volatility.

The company's market capitalization is approximately $126.46 billion, a fraction of Amazon's. Despite this, MercadoLibre remains a strong contender in the e-commerce space, as highlighted by its consistent performance and growth potential. The trading volume for the day is 267,652 shares on the NASDAQ exchange, showing active investor interest.