MercadoLibre Targets $3,000 Share Price by 2026 on Fintech, E-Commerce Expansion

MercadoLibre (MELI) is positioned to achieve a $3,000 per share valuation by the end of 2026, according to a forward-looking analysis of its growth trajectory. This target assumes sustained momentum in both its core e-commerce platform and its financial services segment, Mercado Pago, which has become a critical driver of profitability and user engagement across the region. The company's revenue is projected to grow at a compound annual rate of approximately 22% through 2026, fueled by increasing internet penetration and digital adoption in Latin America. By 2026, MELI’s total payment volume through Mercado Pago is expected to exceed $180 billion, up from $85 billion in 2023. This expansion is underpinned by a growing merchant base and rising consumer reliance on digital payments. Transaction fees and interest income from fintech operations are expected to contribute over 55% of total revenue by 2026, up from 38% in 2023, reflecting a strategic shift toward higher-margin services. Additionally, MELI’s logistics network, Mercado Envios, is projected to handle more than 2 billion shipments annually by 2026, enhancing platform stickiness and customer retention. The stock’s path to $3,000 would require a market cap exceeding $350 billion, assuming current share count. This would represent a 130% increase from its 2024 closing price, reflecting strong confidence in MELI’s ability to scale profits and maintain competitive advantages across diverse Latin American markets. Investors, analysts, and institutional traders are closely monitoring quarterly performance metrics as a barometer for the company’s long-term trajectory.