--- title: "Weekly Recap | Mercadolibre -5.8%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/299512504.md" description: "Mercadolibre (MELI) fell 5.8% this week, closing at $1,787.39, while the S&P 500 slipped just 0.08%. MELI underperformed the benchmark by about 5.72 percentage points. The week was a one-way move lower: Monday’s open at $1,911.47 marked the weekly high, and the stock drifted down each day, finishing Friday (18 Sep) near the weekly low of $1,785.22 with a 6.6% intraweek range." datetime: "2026-09-19T06:20:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299512504.md) - [en](https://longbridge.com/en/news/299512504.md) - [zh-HK](https://longbridge.com/zh-HK/news/299512504.md) generator: "portal-rs" --- # Weekly Recap | Mercadolibre -5.8%, most brokers rate it buy ## The Week Mercadolibre (MELI) fell 5.8% this week, closing at $1,787.39, while the S&P 500 slipped just 0.08%. MELI underperformed the benchmark by about 5.72 percentage points. The week was a one-way move lower: Monday’s open at $1,911.47 marked the weekly high, and the stock drifted down each day, finishing Friday (18 Sep) near the weekly low of $1,785.22 with a 6.6% intraweek range. Daily volume averaged about 824,000 shares, more than double the 60-day median, so the pullback came on heavier trading. ## Key Events Corporate news this week centred on funding and ratings. Before the open on Tuesday (15 Sep), the company closed a $1bn notes offering and filed an 8-K the same day. Late Monday (14 Sep), an analyst reiterated a buy rating with an unchanged $2,300 price target, citing MELI+ enhancements as supportive of the growth outlook. Later in the week, filings such as an 8-A12B also appeared. The news flow placed the company within the broader e-commerce and fintech growth conversation, though no fresh business metrics were disclosed. ## Analyst Ratings Across 24 covering brokers, 15 rate it buy, 4 over, and 5 hold, with no under or sell ratings. The consensus rating is buy, and the consensus target of $2,264.875 sits about 26.7% above the spot price of $1,787.39. Targets range from $1,750 to $2,800, reflecting wide dispersion. Within its retail sector, the stock ranks 8th out of 25 companies, with coverage above the industry median. ## The Week Ahead MELI has no corporate earnings on next week’s calendar, which is dominated by US macro data: the Richmond Fed composite index on Tuesday (22 Sep), then jobless claims, the current account balance, new home sales and natural gas inventories on Thursday (24 Sep). For a high-multiple growth name, rate- and consumption-related data could shift risk appetite toward LatAm e-commerce and fintech. ## In Short The tension this week is between valuation and money flows. The latest snapshot shows a P/E of about 48.6x and a price-to-book near 11.57x, which remain elevated, while the stock fell on heavier volume and large-lot money was a net seller in the latest session. On the other side, 19 of 24 brokers rate it buy or over, and the consensus target sits 26.7% above spot. The question going forward is whether the macro calendar eases pressure on risk appetite. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [MELI.US](https://longbridge.com/en/quote/MELI.US.md) ## Related News & Research - [M Stanley Says Meta Platforms, Inc. Muse to Reshape Retail Consumption Landscape, Bullish on Walmart Inc., Costco Wholesale Corporation](https://longbridge.com/en/news/300401129.md) - [MercadoLibre: Hold Rating as Price Target Raised to $2,150 Reflects Balanced Risk‑Reward Outlook](https://longbridge.com/en/news/300116656.md) - [Western Digital vs. Sandisk: The Better Way to Play the Hard-Drive Side of the AI Storage Boom](https://longbridge.com/en/news/300870855.md) - [What You Can Learn From Best Buy Holders Who Are Up 32%](https://longbridge.com/en/news/300858609.md) - [Greg Abel-Led Berkshire Hathaway Owns 3 Consumer Stocks. Here's the One I'd Buy First.](https://longbridge.com/en/news/300873098.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**