WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

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%

Be the first to know when Wall Street analysts revise their MELI stock forecasts and price targets.

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

1 of 1

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
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
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
MELI's revenues are forecast to... subscribe to Premium to read more.
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
View Top Ecommerce Stocks

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%.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.