Hello, guys! In this article, today we are going to predict the share price for “Meli.” In this article, we will give you the prediction of Meli stock price for tomorrow and for 2023 to 2025.
*Meli stock price refers to the stock of MercadoLibre, Inc., a multinational e-commerce company based in Argentina that operates online marketplaces in Latin America, including MercadoLibre.com, MercadoPago, and MercadoEnvios.
The company was founded in 1999 in Latin America. And has since become a leading player in the e-commerce industry in Latin America. Its stock is traded on the NASDAQ stock exchange under the ticker symbol MELI.
As with any stock, the value of Meli stock Price can fluctuate based on a variety of factors, including the company’s market conditions, financial performance, and investor sentiment. If you are considering investing in Meli stock market, it is very important to do your own research and consult with a financial export advisor before making any investment decisions.
Meli stock price prediction
Predicting the future price of a stock is a difficult task, as there are many factors that can influence the value of a stock. Some of the key factors that can impact the price of a stock include:
Company performance
The company financial performance can have a significant impact on its stock price. Factors such as growth potential, earning, and revenue, can all influence investor sentiment and the perceived value of a stock.
Economic conditions
You must always check Economic condition of the compuny. The overall state of the economy can affect the demand for a company’s products or services, as well as the value of its stock.
Market sentiment
The general mood or sentiment of the market can also influence the price of a stock. If investors are optimistic about a company’s future, they may be more likely to buy its stock, which can drive the price up. Conversely, if investors are pessimistic, they may be more likely to sell the stock, which can drive the price down.
Industry conditions
The health of the industry in which a company operates can also affect the value of its stock. If the industry is performing well, it may be more likely that the company’s stock will perform well as well.
There are many tools and techniques that can be used to try to predict price of a stock, such as technical analysis, fundamental analysis, and machine learning algorithms. But, it is important to keep in mind that these method are not always accurate and that there is no sure way to predict the future performance of a stock with certainty.
Meli stock price Current Analysis
| Company Name | MercadoLibre Inc. (MELI) |
| Open | $846.81 |
| Previous Close | $866.28 |
| YTD Change | -37.24% |
| 12 Month Change | -37.24% |
| Day Range | 830.01 – 851.06 |
| 52 Wk Range | 600.69 – 1,365.97 |
| Volume | 365.61K (59.28% of Avg) |
| Volume | 616.71K |
| Market Value | $42.56B |
| Shares Outstanding | 50.29M |
| EPS (TTM) | $5.32 |
| P/E Ratio (TTM) | 159.00 |
| Dividend Yield | N/A |
| Latest Dividend | N/A |
| Ex-Dividend Date | N/A |
| Beta | 1.52 |
| Short Interest | 1.01M (12/15/22) |
| Short Interest Change | 1.06% |
| Percent of Float | 2.27% |
Meli stock price prediction For Tomorrow
| Date | Price | Min Price | Max Price |
| 2023-01-02 | $ 836.253 | $ 807.661 | $ 863.376 |
| 2023-01-03 | $ 831.640 | $ 804.925 | $ 858.154 |
| 2023-01-04 | $ 824.407 | $ 797.652 | $ 853.469 |
| 2023-01-05 | $ 825.833 | $ 796.275 | $ 854.596 |
| 2023-01-06 | $ 826.532 | $ 799.544 | $ 853.999 |
| 2023-01-09 | $ 822.554 | $ 793.445 | $ 851.493 |
| 2023-01-10 | $ 817.942 | $ 789.598 | $ 848.360 |
| 2023-01-11 | $ 810.708 | $ 782.852 | $ 836.504 |
| 2023-01-12 | $ 812.134 | $ 784.279 | $ 839.838 |
| 2023-01-13 | $ 812.833 | $ 783.579 | $ 839.267 |
Is MELI a Buy or Sell?
MercadoLibre has received a consensus rating of Buy. The company’s average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.
Will Meli stock price go up?
Stock Price Forecast: The 20 analysts offering 12-month price forecasts for MercadoLibre Inc have a median target of 1,280.00, with a high estimate of 1,550.00 and a low estimate of 800.00. The median estimate represents a +49.83% increase from the last price of 854.30.
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Meli stock price prediction Tomorrow, and 2023 to 2025 Conclusion
In conclusion, predicting the Meli stock price or any other security is a complex task that requires careful analysis of a variety of factors. It is important to do your own research and carefully consider your investment objectives and risk tolerance before making any investment decisions.
You may want to consult with a financial advisor or professional for guidance and to help you develop a well-informed investment strategy. Remember to always be cautious when investing in the stock market, as past performance is not necessarily indicative of future results.
