MercadoLibre, Inc. (NASDAQ:MELI) holds a "Moderate Buy" rating with an average target price of $2,267.67. Recent trading saw shares drop to $1,967.01, with a market cap of $99.73 billion. Analysts have varied price targets, with Wedbush setting a new objective of $2,200.00. Institutional investors own 87.62% of the stock, with notable changes in holdings during the third quarter. The company operates online commerce and fintech platforms, facilitating digital transactions for users.