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.

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.

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Disclosure: None.