Wedbush Notes MercadoLibre, Inc. (MELI) Well-Positioned Going Into Q4

MercadoLibre, Inc. (NASDAQ:MELI) is among the 20 Best Investments in 2026.

MercadoLibre, Inc. (NASDAQ:MELI) tops our list for being one of the best investments.

TheFly reported on February 17 that Wedbush adjusted its price target for MELI to $2,600 from $2,700 while keeping an Outperform rating on the stock. The firm supports MELI as a top choice for 2026 and believes it is well-positioned going into the fourth quarter, but it points out that investors might need a few quarters to properly evaluate management's recent actions to preserve market share in important areas.

Similarly, JPMorgan raised the price objective for MercadoLibre, Inc. (NASDAQ:MELI) from $2,650 to $2,800 earlier on February 12 after upgrading the stock from a Neutral to an Overweight rating. The recent underperformance of the stock and the firm's opinion that the value is currently attractive are reflected in the upgrade. Competitive pressures appear to be easing, highlighted by Shopee’s recent increase in take rates, creating a more favorable environment for MELI. JPMorgan also expects the company’s consensus estimates for 2026 and 2027 to remain well-supported, and anticipates strong growth in Brazil in the fourth quarter of 2025, with expansion likely exceeding 30%.

Moreover, MELI will be releasing its Q4 2025 results on February 24.

MercadoLibre, Inc. (NASDAQ:MELI) is a leading e-commerce and fintech company in Latin America, providing online marketplaces, payment solutions, and digital financial services to consumers and businesses.

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