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

Analyst price target for MELI

Based on 5 analysts offering 12 month price targets for Mercadolibre Inc.
Min Forecast
$1,575.00+23.95%
Avg Forecast
$1,657.00+30.4%
Max Forecast
$1,730.00+36.15%

Should I buy or sell MELI stock?

Based on 5 analysts offering ratings for Mercadolibre Inc.
Strong Buy
Strong Buy
4 analysts 80%
Buy
1 analysts 20%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MELI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 15%
15
Strong BuyMaintains$1,700.00+33.79%2023-05-08
BTIG
Bottom 13%
13
Strong BuyMaintains$1,600.00+25.92%2023-05-04
Credit Suisse
Top 4%
97
BuyMaintains$1,730.00+36.15%2023-05-04
Barclays
Top 19%
82
Strong BuyMaintains$1,575.00+23.95%2023-05-04Find out why
Bank of America
Top 29%
72
Strong BuyMaintains$1,680.00+32.21%2023-04-13

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Forecast return on equity

Is MELI forecast to generate an efficient return?
Company
N/A
Industry
19.69%
Market
71.96%

Forecast return on assets

Is MELI forecast to generate an efficient return on assets?
Company
N/A
Industry
11.12%

MELI earnings growth forecast

How is MELI forecast to perform vs Internet Retail companies and vs the US market?
Company
37.37%
Industry
112.99%
Market
25.64%
MELI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

MELI revenue growth forecast

How is MELI forecast to perform vs Internet Retail companies and vs the US market?
Company
19.8%
Industry
14.47%
Market
8.43%
MELI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

MELI vs Ecommerce Stocks

TickerPricePrice TargetUp/downsideConsensus
MELI$1,270.67$1,657.00+30.40%Strong Buy
JD$35.43$56.88+60.53%Strong Buy
PDD$69.54$102.10+46.82%Strong Buy
CPNG$16.53$20.00+20.99%Strong Buy
EBAY$44.39$48.15+8.48%Hold

Mercadolibre Stock Forecast FAQ

Is Mercadolibre Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: MELI) stock is to Strong Buy MELI stock.

Out of 5 analysts, 4 (80%) are recommending MELI as a Strong Buy, 1 (20%) are recommending MELI as a Buy, 0 (0%) are recommending MELI as a Hold, 0 (0%) are recommending MELI as a Sell, and 0 (0%) are recommending MELI as a Strong Sell.

If you're new to stock investing, here's how to buy Mercadolibre stock.

What is MELI's forecast return on equity (ROE) for 2023-2026?

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

What is MELI's Price Target?

According to 5 Wall Street analysts that have issued a 1 year MELI price target, the average MELI price target is $1,657.00, with the highest MELI stock price forecast at $1,730.00 and the lowest MELI stock price forecast at $1,575.00.

On average, Wall Street analysts predict that Mercadolibre's share price could reach $1,657.00 by May 8, 2024. The average Mercadolibre stock price prediction forecasts a potential upside of 30.4% from the current MELI share price of $1,270.67.

What is MELI's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: MELI) forecast ROA is N/A, which is lower than the forecast US Internet Retail industry average of 11.12%.
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