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NASDAQ: MELI
Mercadolibre Inc Stock Forecast, Predictions & Price Target

Analyst price target for MELI

Based on 12 analysts offering 12 month price targets for Mercadolibre Inc.
Min Forecast
$1,300.00-6.66%
Avg Forecast
$1,851.17+32.91%
Max Forecast
$2,250.00+61.55%

Should I buy or sell MELI stock?

Strong Buy
Strong Buy
8 analysts 66.67%
Buy
2 analysts 16.67%
Hold
2 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MELI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Tobias Stingelin
Citigroup
Strong BuyMaintains$2,250.00+61.55%2021-06-07
Scott Devitt
Stifel Nicolaus
Strong BuyUpgrades$1,800.00+29.24%2021-05-06
Marvin Fong
BTIG
Strong BuyUpgrades$1,720.00+23.50%2021-03-11
Marcelo Santos
JP Morgan
Strong BuyMaintains$1,730.00+24.21%2021-03-09
Kunal Madhukar
Deutsche Bank
Strong BuyMaintains$2,200.00+57.96%2021-01-27
Anonymous
Santander
Strong BuyUpgrades$1,980.00+42.16%2020-12-22
John Colantuoni
Jefferies
Strong BuyMaintains$1,560.00+12.01%2020-10-26
James Friedman
Susquehanna
Strong BuyUpgrades$1,300.00-6.66%2020-08-11
Stephen Ju
Credit Suisse
BuyMaintains$1,824.00+30.96%2021-05-06
deepak mathivanan
Wolfe Research
BuyInitiates Coverage On$1,800.00+29.24%2021-04-01

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Forecast return on equity

Is MELI forecast to generate an efficient return?
Company
-2,098.77%
Industry
29.04%
Market
50.49%

Forecast return on assets

Is MELI forecast to generate an efficient return on assets?
Company
12.28%
Industry
34.2%
Market
16.4%

MELI earnings per share forecast

What is MELI's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$0.27-185.48%
Avg 2 year Forecast
$4.36-1,506.45%
Avg 3 year Forecast
$12.80-4,229.03%

MELI revenue forecast

What is MELI's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$6.4B+35.2%
Avg 2 year Forecast
$8.7B+84.99%
Avg 3 year Forecast
$11.4B+142.41%
MELI's revenue is forecast to grow at an exceptional rate of 34.05% per year
Forecast

MELI revenue growth forecast

How is MELI forecast to perform vs Internet Retail companies and vs the US market?
Company
34.05%
Industry
18.87%
Market
14.56%
MELI's revenues are forecast to grow faster (34.05% per year) than the US Internet Retail industry average (18.87%)
Forecast
MELI's revenues are forecast to grow faster (34.05% per year) than the US market average (14.56%)
Forecast

Mercadolibre Stock Forecast FAQ

Is Mercadolibre Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: MELI) stock is to Strong Buy MELI stock.

Out of 12 analysts, 8 (66.67%) are recommending MELI as a Strong Buy, 2 (16.67%) are recommending MELI as a Buy, 2 (16.67%) are recommending MELI as a Hold, 0 (0%) are recommending MELI as a Sell, and 0 (0%) are recommending MELI as a Strong Sell.

What is MELI's earnings growth forecast for 2021-2023?

(NASDAQ: MELI) Mercadolibre's forecast annual earnings growth rate of N/A is not forecast to beat the US Internet Retail industry's average forecast earnings growth rate of 23.57%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.68%.

Mercadolibre's earnings in 2021 is -$13,610,000.On average, 6 Wall Street analysts forecast MELI's earnings for 2021 to be $13,210,865, with the lowest MELI earnings forecast at $-132,108,645, and the highest MELI earnings forecast at $73,282,909. On average, 6 Wall Street analysts forecast MELI's earnings for 2022 to be $217,356,111, with the lowest MELI earnings forecast at $44,867,087, and the highest MELI earnings forecast at $436,706,314.

In 2023, MELI is forecast to generate $638,109,683 in earnings, with the lowest earnings forecast at $447,175,301 and the highest earnings forecast at $989,070,009.

What is MELI's revenue growth forecast for 2021-2023?

(NASDAQ: MELI) Mercadolibre's forecast annual revenue growth rate of 34.05% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 18.87%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.56%.

Mercadolibre's revenue in 2021 is $4,699,815,000.On average, 5 Wall Street analysts forecast MELI's revenue for 2021 to be $316,770,309,230, with the lowest MELI revenue forecast at $297,568,492,111, and the highest MELI revenue forecast at $337,166,189,093. On average, 5 Wall Street analysts forecast MELI's revenue for 2022 to be $433,413,967,589, with the lowest MELI revenue forecast at $386,126,151,583, and the highest MELI revenue forecast at $494,002,083,190.

In 2023, MELI is forecast to generate $567,953,362,161 in revenue, with the lowest revenue forecast at $456,363,083,822 and the highest revenue forecast at $686,909,619,746.

What is MELI's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: MELI) forecast ROA is N/A, which is lower than the forecast US Internet Retail industry average of 85.82%.

What is MELI's Price Target?

According to 12 Wall Street analysts that have issued a 1 year MELI price target, the average MELI price target is $1,851.17, with the highest MELI stock price forecast at $2,250.00 and the lowest MELI stock price forecast at $1,300.00.

On average, Wall Street analysts predict that Mercadolibre's share price could stay at $1,851.17 by Jun 7, 2022. The average Mercadolibre stock price prediction forecasts a potential downside of N/A from the current MELI share price of $1,392.75.

What is MELI's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: MELI) Mercadolibre's current Earnings Per Share (EPS) is -$0.31. On average, analysts forecast that MELI's EPS will be $0.27 for 2021, with the lowest EPS forecast at $-2.65, and the highest EPS forecast at $1.47. On average, analysts forecast that MELI's EPS will be $4.36 for 2022, with the lowest EPS forecast at $0.90, and the highest EPS forecast at $8.76. In 2023, MELI's EPS is forecast to hit $12.80 (min: $8.97, max: $19.84).

What is MELI's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: MELI) forecast ROE is N/A, which is considered weak.
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