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MercadoLibre (MELI, Broadline Retail) Stock Valuation & Fair Value Fairly valued

MercadoLibre (MELI, Broadline Retail) trades at a blended P/E of 49.4, about 36% below its historical normal valuation, with a forward growth estimate of 34.9% and a PEG of 1.42.

DATA AS OF 2026-08-28
Blended P/E
49.4
Normal P/E
76.8
PEG
1.42
Fwd growth
34.9%
Div yield
0.0%
RSI (14)
59.6
Neutral

The Street vs SeerForecast

Wall Street's mean price target for MELI is $2,256.54 across 24 analysts, 14.8% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: fairly valued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from high quality, attractively priced for its growth (2026-06-14) to fairly valued (2026-08-28).

Price and rating by weekClose moved +21.0 percent from 2026-06-14 to 2026-08-24, with 3 rating changes over 21 recorded weeks.2026-06-14: High quality, attractively priced for its growth, close 1,589.60 (recalculated)2026-06-16: High quality, attractively priced for its growth, close 1,674.08 (recalculated)2026-06-21: High quality, attractively priced for its growth, close 1,635.15 (recalculated)2026-07-02: Fairly valued, close 1,763.36 (recalculated)2026-07-06: Fairly valued, close 1,805.68 (recalculated)2026-07-09: Fairly valued, close 1,807.83 (recalculated)2026-07-12: Fairly valued, close 1,852.22 (recalculated)2026-07-13: Fairly valued, close 1,867.30 (recalculated)2026-07-14: Fairly valued, close 1,873.88 (recalculated)2026-07-20: Fairly valued, close 1,832.42 (recalculated)2026-07-22: Quality business with a solid forward outlook, close 1,799.21 (recalculated)2026-07-25: Quality business with a solid forward outlook, close 1,801.44 (recalculated)2026-07-27: Quality business with a solid forward outlook, close 1,819.74 (recalculated)2026-07-31: Quality business with a solid forward outlook, close 1,877.95 (recalculated)2026-08-03: Fairly valued, close 1,877.952026-08-07: Fairly valued, close 1,820.69 (recalculated)2026-08-10: Fairly valued, close 1,820.692026-08-14: Fairly valued, close 1,844.58 (recalculated)2026-08-17: Fairly valued, close 1,844.582026-08-21: Fairly valued, close 1,922.73 (recalculated)2026-08-24: Fairly valued, close 1,922.731,5901,9232026-06-142026-08-24
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-14P/E 42.8-44%High quality, attractively priced for its growth
2026-06-16P/E 42.8-44%High quality, attractively priced for its growth
2026-06-21P/E 42.8-44%High quality, attractively priced for its growth
2026-07-02P/E 42.8-44%Fairly valued
2026-07-06P/E 42.8-44%Fairly valued
2026-07-09P/E 42.8-44%Fairly valued
2026-07-12P/E 42.8-44%Fairly valued
2026-07-13P/E 42.8-44%Fairly valued
2026-07-14P/E 42.8-44%Fairly valued
2026-07-20P/E 42.8-44%Fairly valued
2026-07-22P/E 46.3-40%Quality business with a solid forward outlook
2026-07-25P/E 46.3-40%Quality business with a solid forward outlook
2026-07-27P/E 46.3-40%Quality business with a solid forward outlook
2026-07-31P/E 46.3-40%Quality business with a solid forward outlook
2026-08-03P/E 47.7-38%Fairly valued
2026-08-07P/E 47.7-38%Fairly valued
2026-08-10P/E 46.8-39%Fairly valued
2026-08-14P/E 46.8-39%Fairly valued
2026-08-17P/E 47.4-38%Fairly valued
2026-08-21P/E 47.4-38%Fairly valued
2026-08-24P/E 49.4-36%Fairly valued
2026-08-27P/E 49.4-36%Fairly valued
2026-08-28P/E 49.4-36%Fairly valued ← now

Frequently asked questions

Is MercadoLibre stock overvalued?

At a blended P/E of 49.4 versus its historical normal P/E of 76.8, MercadoLibre trades about 36% below its typical valuation, with a PEG of 1.42 on 34.9% forward growth. tickerseer currently rates it fairly valued.

What is MercadoLibre's fair value and PEG?

MercadoLibre trades at a blended P/E of 49.4 against a historical normal P/E of 76.8, a PEG of 1.42, and a forward growth estimate of 34.9%.

Has tickerseer's rating of MercadoLibre changed?

tickerseer's rating moved from high quality, attractively priced for its growth (2026-06-14) to fairly valued (2026-08-28).

What is the analyst price target for MercadoLibre?

The mean Wall Street price target for MercadoLibre is $2,256.54 across 24 analysts, 14.8% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Broadline Retail. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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