Can MercadoLibre Stock Get to $2,000?

By Jennifer Saibil – Mar 2, 2026 at 12:00AM ESTKey PointsE-commerce in MercadoLibre's markets is only half the penetration of the U.S., giving it a huge opportunity.It reported strong growth in the 2025 fourth quarter.MercadoLibre stock trades at an attractive valuation.MercadoLibre (MELI +1.01%) is an e-commerce powerhouse operating in Latin America and serving 18 countries in the region. It regularly reports strong growth across its business, which includes a large fintech segment, and it has a massive long-term opportunity. It has a four-digit price tag, trading at $1,768 per share as of this writing. Is it headed to $2,000? Image source: Getty Images. Creating a digital revolution in Latin America E-commerce penetration in Latin America is about half that of the U.S., and MercadoLibre is trying to change that, launching new products and improving its value proposition to create the shift. Management said that it sees no reason why the market shouldn't increase, and that its gross merchandise volume (GMV) "could be multiple times larger over the long term." It starts with the customers. MercadoLibre had 83 million unique active buyers as of the end of 2025, a 24% year-over-year increase. As more customers join the platform, more merchants want to be on it, too, creating a flywheel effect. That brings on more products, and as more business is transacted, the bottom line increases, too. The fintech segment is complementary to the e-commerce platform, with the Mercado Pago digital wallet one option for paying for purchases. But it has developed into a formidable stand-alone business with nearly 78 million monthly active users as of the end of 2025, a 27% increase, and it offers a large assortment of digital financial services. In the fourth quarter, management said that it's sacrificing the bottom line right now by investing in new projects that position it for the long term, and that send the price down. ExpandNASDAQ: MELIMercadoLibreToday's Change(1.01%) $17.61Current Price$1758.49Key Data PointsMarket Cap$89BDay's Range$1721.76 - $1775.0052wk Range$1654.24 - $2645.22Volume33KAvg Vol567KGross Margin44.50% Can MercadoLibre stock get back to $2,000? MercadoLibre stock was higher than $2,600 in May last year, and it's down 32% from its high. Investors have had several concerns over the past few months, including a volatile economy in Brazil and the recent margin pressure. To get back to $2,000, it only needs to gain 14%. Since the stock is fairly cheap at the current price, trading at a forward one-year price-to-earnings ratio of 22 and a price-to-free-cash-flow ratio of 15, it could easily surpass $2,000 if it reports a higher than 14% increase in earnings in its next quarterly results without becoming more expensive. If the market continues to sour on it, it may take longer, but there's a lot to be confident about long-term, and I anticipate it going a lot higher.Read NextMar 1, 2026 •By Will Healy3 Reasons to Buy MercadoLibre Stock Like There's No TomorrowFeb 28, 2026 •By Jon Quast2 Growth Stocks to Invest $1,000 in Right NowFeb 28, 2026 •By Geoffrey SeilerMercadoLibre Shares Sink. Is the Stock a Buy as Revenue Growth Remains Robust?Feb 28, 2026 •By Jennifer Saibil2 Stocks That Could Be Easy Wealth BuildersFeb 27, 2026 •By Matt Frankel, CFPDown 33%, Is MercadoLibre a Buy After Earnings?Feb 27, 2026 •By Josh Kohn-LindquistWhy MercadoLibre Stock Dipped This WeekAbout the AuthorJennifer Saibil has been a contributing Motley Fool stock market analyst covering the consumer goods and financial sectors since 2019. She previously worked in the financial sector and has written for other finance publications. She holds a bachelor’s degree in finance from Yeshiva University and a master’s degree in public administration from New York University’s Wagner School of Public Service.TMFanibirdStocks MentionedMercadoLibreNASDAQ: MELI$1,757.58(+0.96%)+$16.70*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.