Analysts Lower Price Targets on MercadoLibre (MELI) but Stay Positive

MercadoLibre, Inc. (NASDAQ:MELI) is one of the 15 Best Aggressive Growth Stocks to Buy Right Now. On October 30, Cantor Fitzgerald lowered its price target on MercadoLibre, Inc. (NASDAQ:MELI) from $2,900 to $2,750 and kept an Overweight rating.

This decision came after MercadoLibre, Inc. (NASDAQ:MELI) reported Q3 2025 results with gross merchandise volume (GMV) and revenue exceeding Street estimates. However, operating income was below market expectations.

BofA Reaffirms Buy on MercadoLibre, Keeps $3,000 Target

Cantor Fitzgerald noted that current investments are affecting the company’s margins. However, the firm pointed out that MercadoLibre, Inc. (NASDAQ:MELI) is seeing “strong momentum in several businesses” and has “plenty of runway to improve profitability over the medium term.”

On October 30, Benchmark also reduced its price target on MercadoLibre, Inc. (NASDAQ:MELI) from $2,875 to $2,780.00 and kept a Buy rating.

MercadoLibre, Inc. (NASDAQ:MELI) had an impressive Q3 2025, helped by ongoing investments in logistics and marketing initiatives. The company also reduced the free shipping threshold in Brazil, which increased buyer activity and market share gains. Benchmark expects the company to keep prioritizing growth over margins.

MercadoLibre, Inc. (NASDAQ:MELI) is the leading e-commerce and financial technology company in Latin America with a presence in 18 countries.

While we acknowledge the potential of MELI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MELI and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best American Penny Stocks to Buy Right Now and 12 Best Performing Stocks in the Last 3 Months.

Disclosure: None. This article is originally published at Insider Monkey.