Broader Anlayst Sentiment Positive on MercadoLibre (MELI) As AI Tailwinds Offset Rising Capital Expenditure

MercadoLibre, Inc. (NASDAQ:MELI) is one of the best stocks to buy right now.

As of January 12, 2026, over 90% of analysts are bullish on MercadoLibre, Inc. (NASDAQ:MELI), setting a consensus price target of $2,800. This translates into an upside potential of 28.50%.

On January 8, 2025, Cantor Fitzgerald issued a more constructive sector outlook, arguing that global internet stocks are stepping into a golden age of AI synergy over the next one to two years, with AI shifting from experimentation to monetization. In 2025, the sector outperformed the Nasdaq by roughly nine points. However, the firm noted that the group still trades roughly 20% below medium-term valuation ranges. Among large-cap internet stocks, Cantor Fitzgerald named MercadoLibre, Inc. (NASDAQ:MELI) as one of the stocks that hold potential to accelerate revenue growth driven by tapping into AI-enabled efficiencies and platform scale.

Broader analyst commentaries remain supportive but selective. Another investment firm, Wedbush, reduced its price target on MercadoLibre, Inc. (NASDAQ:MELI) from $2,800 to $2,700, while reiterating an ‘Outperform’ rating on December 19, 2025. The firm cited higher 2026 spending associated with logistics and marketing, while also keeping an eye on loan-book expansion. The firm also remains cautious on underlying demand trends and competition across core markets, according to TheFly.

MercadoLibre, Inc. (NASDAQ:MELI) is known for running Latin America’s leading e-commerce and fintech ecosystem. It enables digital commerce, payments, logistics, and credit across multiple countries.

While we acknowledge the potential of MELI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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