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

Analyst price target for MELI

Based on 6 analysts offering 12 month price targets for Mercadolibre Inc.
Min Forecast
$1,800.00+29.03%
Avg Forecast
$1,941.67+39.19%
Max Forecast
$2,150.00+54.12%

Should I buy or sell MELI stock?

Based on 6 analysts offering ratings for Mercadolibre Inc.
Strong Buy
Strong Buy
5 analysts 83.33%
Buy
1 analysts 16.67%
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
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-03
lockedlocked$00.00+00.00%2024-03-06
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-23
Citigroup
Top 34%
67
Strong BuyMaintains$1,900.00+36.20%2024-01-03

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Forecast return on equity

Is MELI forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

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

MELI revenue forecast

What is MELI's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$17.8B+22.86%
Avg 2 year Forecast
$22.0B+51.71%
Avg 3 year Forecast
$26.4B+82.41%
MELI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MELI earnings growth forecast

How is MELI forecast to perform vs Internet Retail companies and vs the US market?
Company
27.87%
Industry
36.18%
Market
21.77%
MELI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MELI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MELI's earnings are forecast to... subscribe to Premium to read more.
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
22.12%
Industry
11.42%
Market
10.16%
MELI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MELI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MELI vs Internet Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
MELI$1,395.00$1,941.67+39.19%Strong Buy
JD$27.55$37.18+34.96%Strong Buy
CPNG$22.72$22.63-0.42%Strong Buy
SE$62.01$64.82+4.53%Strong Buy
EBAY$51.25$53.17+3.74%Buy

Mercadolibre Stock Forecast FAQ

Is Mercadolibre Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: MELI) stock is to Strong Buy MELI stock.

Out of 6 analysts, 5 (83.33%) are recommending MELI as a Strong Buy, 1 (16.67%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: MELI) Mercadolibre's forecast annual revenue growth rate of 22.12% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 11.42%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Mercadolibre's revenue in 2024 is $14,473,000,000.On average, 4 Wall Street analysts forecast MELI's revenue for 2024 to be $901,505,158,280, with the lowest MELI revenue forecast at $880,885,241,183, and the highest MELI revenue forecast at $930,723,919,213. On average, 4 Wall Street analysts forecast MELI's revenue for 2025 to be $1,113,166,927,933, with the lowest MELI revenue forecast at $1,088,453,800,763, and the highest MELI revenue forecast at $1,145,385,000,232.

In 2026, MELI is forecast to generate $1,338,422,253,406 in revenue, with the lowest revenue forecast at $1,248,576,601,576 and the highest revenue forecast at $1,437,768,808,657.

What is MELI's forecast return on assets (ROA) for 2024-2027?

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

What is MELI's Price Target?

According to 6 Wall Street analysts that have issued a 1 year MELI price target, the average MELI price target is $1,941.67, with the highest MELI stock price forecast at $2,150.00 and the lowest MELI stock price forecast at $1,800.00.

On average, Wall Street analysts predict that Mercadolibre's share price could reach $1,941.67 by Apr 17, 2025. The average Mercadolibre stock price prediction forecasts a potential upside of 39.19% from the current MELI share price of $1,395.00.

What is MELI's forecast return on equity (ROE) for 2024-2027?

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