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

OverviewForecast
EarningsDividendOwnership

Analyst price target for MELI

Based on 11 analysts offering 12 month price targets for Mercadolibre Inc.
Min Forecast
$1,560.00-17%
Avg Forecast
$1,919.09+2.11%
Max Forecast
$2,250.00+19.71%

Should I buy or sell MELI stock?

Based on 11 analysts offering ratings for Mercadolibre Inc.
Strong Buy
Strong Buy
7 analysts 63.64%
Buy
2 analysts 18.18%
Hold
2 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MELI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Credit Suisse
Top 1%
100
BuyMaintains$2,100.00+11.73%2021-08-05
Anonymous
DZ Bank
Strong BuyInitiates Coverage On$1,900.00+1.09%2021-07-09
Citigroup
Bottom 44%
44
Strong BuyMaintains$2,250.00+19.71%2021-06-07
Stifel Nicolaus
Top 4%
97
Strong BuyUpgrades$1,800.00-4.23%2021-05-06
Wolfe Research
Top 6%
95
BuyInitiates Coverage On$1,800.00-4.23%2021-04-01
BTIG
Top 13%
88
Strong BuyUpgrades$1,720.00-8.49%2021-03-11
JP Morgan
Top 48%
53
Strong BuyMaintains$1,730.00-7.95%2021-03-09
ScotiaBank
HoldInitiates Coverage On$2,050.00+9.07%2021-02-11
Bradesco
HoldDowngrades$2,000.00+6.41%2021-01-28
Deutsche Bank
Top 12%
89
Strong BuyMaintains$2,200.00+17.05%2021-01-27

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Forecast return on equity

Is MELI forecast to generate an efficient return?
Company
1,280.83%
Industry
100.53%
Market
1,995.09%

Forecast return on assets

Is MELI forecast to generate an efficient return on assets?
Company
16.9%
Industry
23.79%
Market
960.94%

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
$3.09-6,280%
Avg 2 year Forecast
$7.89-15,883.4%
Avg 3 year Forecast
$20.88-41,855%

MELI revenue forecast

What is MELI's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$7.0B+26.57%
Avg 2 year Forecast
$9.4B+70.57%
Avg 3 year Forecast
$12.5B+126.19%
MELI's revenue is forecast to grow at an exceptional rate of 30.82% per year
Forecast

MELI revenue growth forecast

How is MELI forecast to perform vs Internet Retail companies and vs the US market?
Company
30.82%
Industry
15.8%
Market
12.32%
MELI's revenues are forecast to grow faster (30.82% per year) than the US Internet Retail industry average (15.8%)
Forecast
MELI's revenues are forecast to grow faster (30.82% per year) than the US market average (12.32%)
Forecast

Mercadolibre Stock Forecast FAQ

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

The consensus among 11 Wall Street analysts covering (NASDAQ: MELI) stock is to Strong Buy MELI stock.

Out of 11 analysts, 7 (63.64%) are recommending MELI as a Strong Buy, 2 (18.18%) are recommending MELI as a Buy, 2 (18.18%) 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 12.63%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.71%.

Mercadolibre's earnings in 2021 is -$1,362,000.On average, 6 Wall Street analysts forecast MELI's earnings for 2021 to be $153,608,999, with the lowest MELI earnings forecast at $35,295,272, and the highest MELI earnings forecast at $255,020,765. On average, 6 Wall Street analysts forecast MELI's earnings for 2022 to be $392,309,428, with the lowest MELI earnings forecast at $81,527,106, and the highest MELI earnings forecast at $704,911,197.

In 2023, MELI is forecast to generate $1,037,854,973 in earnings, with the lowest earnings forecast at $763,073,828 and the highest earnings forecast at $1,528,633,238.

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

(NASDAQ: MELI) Mercadolibre's forecast annual revenue growth rate of 30.82% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 15.8%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.32%.

Mercadolibre's revenue in 2021 is $5,524,196,000.On average, 5 Wall Street analysts forecast MELI's revenue for 2021 to be $347,570,235,808, with the lowest MELI revenue forecast at $334,410,269,550, and the highest MELI revenue forecast at $361,431,534,024. On average, 5 Wall Street analysts forecast MELI's revenue for 2022 to be $468,412,098,480, with the lowest MELI revenue forecast at $443,994,630,810, and the highest MELI revenue forecast at $505,938,826,526.

In 2023, MELI is forecast to generate $621,144,929,149 in revenue, with the lowest revenue forecast at $553,032,163,920 and the highest revenue forecast at $698,504,856,665.

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 28.83%.

What is MELI's Price Target?

According to 11 Wall Street analysts that have issued a 1 year MELI price target, the average MELI price target is $1,919.09, with the highest MELI stock price forecast at $2,250.00 and the lowest MELI stock price forecast at $1,560.00.

On average, Wall Street analysts predict that Mercadolibre's share price could stay at $1,919.09 by Aug 5, 2022. The average Mercadolibre stock price prediction forecasts a potential downside of N/A from the current MELI share price of $1,879.49.

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

(NASDAQ: MELI) Mercadolibre's current Earnings Per Share (EPS) is -$0.05. On average, analysts forecast that MELI's EPS will be $3.09 for 2021, with the lowest EPS forecast at $0.71, and the highest EPS forecast at $5.13. On average, analysts forecast that MELI's EPS will be $7.89 for 2022, with the lowest EPS forecast at $1.64, and the highest EPS forecast at $14.18. In 2023, MELI's EPS is forecast to hit $20.88 (min: $15.35, max: $30.75).

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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