Cantor Fitzgerald Raises its Price Target on MercadoLibre, Inc. (MELI) to $2,900 with an Overweight Rating

MercadoLibre, Inc. (NASDAQ:MELI) is one of the 14 Stocks That Will Double in the Next 5 Years.

Cantor Fitzgerald Raises its Price Target on MercadoLibre, Inc. (MELI) to $2,900 with an Overweight Rating

On September 24, 2025, Cantor Fitzgerald raised its price target on MercadoLibre, Inc. (NASDAQ:MELI) from $2,700 to $2,900 with an Overweight rating, highlighting the Latin American e-commerce giant’s robust growth prospects. Despite underperforming the NASDAQ by 4 points since Q2 due to macroeconomic and margin concerns, MercadoLibre has delivered strong year-to-date gains and is trading at a 52-week high.

On September 22, MercadoLibre, Inc. (NASDAQ:MELI) launched a new B2B division to serve corporate clients, positioning itself to capture part of a market estimated to be four times larger than the consumer e-commerce space. With a strong regional footprint, favorable conditions in Argentina, and top-line acceleration, MercadoLibre continues to attract investors.

MercadoLibre, Inc. (NASDAQ:MELI) operates online commerce platforms and fintech solutions, including Mercado Libre Marketplace and Mercado Pago, across Brazil, Mexico, Argentina, and other markets. It is one of the Stocks That Will Double.

While we acknowledge the potential of MELI to grow, 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 100x upside potential, check out our report about this cheapest AI stock.

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