Goldman Sachs Maintains Buy Rating on MercadoLibre (MELI)

1 day ago 3

Jeff Lewis

Fri, May 15, 2026 astatine 8:25 AM CDT 1 min read

MercadoLibre, Inc. (NASDAQ:MELI) is 1 of the

10 Best Depressed Stocks to Buy successful 2026.

On May 13, 2026, Goldman Sachs lowered the firm’s terms people connected MercadoLibre, Inc. (NASDAQ:MELI) to $2,100 from $2,440 antecedently portion maintaining a Buy standing connected the shares.

Morgan Stanley besides lowered the firm’s terms people connected MercadoLibre, Inc. (NASDAQ:MELI) to $2,450 from $2,600 and maintained an Overweight rating. The steadfast said it erstwhile again underestimated the standard of MercadoLibre’s investments, though gross merchandise volume, recognition growth, and level capabilities besides exceeded expectations. Morgan Stanley added that 2026 is shaping up to beryllium a weaker twelvemonth for EBIT, but inactive sees important gross maturation and aboriginal borderline betterment potential.

Goldman Sachs Maintains Buy Rating connected  MercadoLibre (MELI)

Goldman Sachs Maintains Buy Rating connected MercadoLibre (MELI)

Copyright: antonioguillem / 123RF Stock Photo

Similarly, Barclays lowered the firm’s terms people connected MercadoLibre, Inc. (NASDAQ:MELI) to $2,300 from $2,500 portion maintaining an Overweight standing pursuing the company’s net report. The steadfast said different borderline markdown led it to follow a much blimpish presumption connected the gait of borderline recovery.

MercadoLibre, Inc. (NASDAQ:MELI) operates online commerce platforms crossed Brazil, Mexico, Argentina, and different planetary markets.

While we admit the imaginable of MELI arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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