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Can MercadoLibre Stock Get to $2,000?


(NASDAQ: MELI) 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.

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Source Fool.com

Mercadolibre Inc Stock

€1,558.0
2.730%
There is an upward development for Mercadolibre Inc compared to yesterday, with an increase of €41.20 (2.730%).
With 43 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 2360 € shows a very positive potential of 51.48% compared to the current price of 1558.0 € for Mercadolibre Inc.
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