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

Analyst price target for MELI

Based on 13 analysts offering 12 month price targets for Mercadolibre Inc.
Min Forecast
$1,800.00-8.31%
Avg Forecast
$2,289.23+16.61%
Max Forecast
$2,530.00+28.87%

Should I buy or sell MELI stock?

Based on 13 analysts offering ratings for Mercadolibre Inc.
Strong Buy
Strong Buy
10 analysts 76.92%
Buy
2 analysts 15.38%
Hold
1 analysts 7.69%
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%2024-10-07
lockedlocked$00.00+00.00%2024-10-02Find Out Why
lockedlocked$00.00+00.00%2024-10-02
lockedlocked$00.00+00.00%2024-09-27
lockedlocked$00.00+00.00%2024-09-20
Bank of America
Top 36%
65
Strong BuyMaintains$2,500.00+27.34%2024-09-12
Susquehanna
Bottom 2%
2
Strong BuyMaintains$2,350.00+19.70%2024-08-28
BTIG
Bottom 9%
9
Strong BuyMaintains$2,250.00+14.61%2024-08-21Find out why
Citigroup
Bottom 25%
25
Strong BuyMaintains$2,200.00+12.06%2024-08-15Find out why
Goldman Sachs
Top 37%
64
Strong BuyMaintains$2,480.00+26.32%2024-08-08

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Forecast return on equity

Is MELI forecast to generate an efficient return?
Company
107.61%
Industry
59.4%
Market
49.39%
MELI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MELI forecast to generate an efficient return on assets?
Company
19.64%
Industry
25.91%
MELI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MELI earnings per share forecast

What is MELI's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$37.55+35.67%
Avg 2 year Forecast
$49.99+80.61%
Avg 3 year Forecast
$71.48+158.23%
MELI's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MELI revenue forecast

What is MELI's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$20.5B+17.71%
Avg 2 year Forecast
$25.1B+44.24%
Avg 3 year Forecast
$30.8B+76.6%
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
35.81%
Industry
20.58%
Market
18.77%
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
20.61%
Industry
8.8%
Market
9.66%
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$1,963.23$2,289.23+16.61%Strong Buy
JD$47.08$36.46-22.57%Buy
SE$95.15$83.60-12.14%Strong Buy
CPNG$25.80$28.14+9.08%Strong Buy
EBAY$66.77$59.26-11.24%Buy

Mercadolibre Stock Forecast FAQ

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

The consensus among 13 Wall Street analysts covering (NASDAQ: MELI) stock is to Strong Buy MELI stock.

Out of 13 analysts, 10 (76.92%) are recommending MELI as a Strong Buy, 2 (15.38%) are recommending MELI as a Buy, 1 (7.69%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: MELI) Mercadolibre's forecast annual earnings growth rate of 35.81% is forecast to beat the US Internet Retail industry's average forecast earnings growth rate of 20.58%, and it is also forecast to beat the US market's average forecast earnings growth rate of 18.77%.

Mercadolibre's earnings in 2024 is $1,399,000,000.On average, 7 Wall Street analysts forecast MELI's earnings for 2024 to be $1,903,906,796, with the lowest MELI earnings forecast at $1,754,131,355, and the highest MELI earnings forecast at $2,151,092,294. On average, 6 Wall Street analysts forecast MELI's earnings for 2025 to be $2,534,532,227, with the lowest MELI earnings forecast at $2,147,543,474, and the highest MELI earnings forecast at $3,262,380,135.

In 2026, MELI is forecast to generate $3,623,726,125 in earnings, with the lowest earnings forecast at $2,956,167,610 and the highest earnings forecast at $4,790,400,917.

What is MELI's revenue growth forecast for 2024-2026?

(NASDAQ: MELI) Mercadolibre's forecast annual revenue growth rate of 20.61% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 8.8%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.66%.

Mercadolibre's revenue in 2024 is $17,427,000,000.On average, 5 Wall Street analysts forecast MELI's revenue for 2024 to be $1,039,982,249,295, with the lowest MELI revenue forecast at $1,025,406,380,988, and the highest MELI revenue forecast at $1,055,497,845,313. On average, 5 Wall Street analysts forecast MELI's revenue for 2025 to be $1,274,384,135,273, with the lowest MELI revenue forecast at $1,237,808,367,233, and the highest MELI revenue forecast at $1,312,304,196,579.

In 2026, MELI is forecast to generate $1,560,257,558,431 in revenue, with the lowest revenue forecast at $1,507,050,647,948 and the highest revenue forecast at $1,625,364,932,024.

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

(NASDAQ: MELI) forecast ROA is 19.64%, which is lower than the forecast US Internet Retail industry average of 25.91%.

What is MELI's Price Target?

According to 13 Wall Street analysts that have issued a 1 year MELI price target, the average MELI price target is $2,289.23, with the highest MELI stock price forecast at $2,530.00 and the lowest MELI stock price forecast at $1,800.00.

On average, Wall Street analysts predict that Mercadolibre's share price could reach $2,289.23 by Oct 7, 2025. The average Mercadolibre stock price prediction forecasts a potential upside of 16.61% from the current MELI share price of $1,963.23.

What is MELI's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: MELI) Mercadolibre's current Earnings Per Share (EPS) is $27.68. On average, analysts forecast that MELI's EPS will be $37.55 for 2024, with the lowest EPS forecast at $34.60, and the highest EPS forecast at $42.43. On average, analysts forecast that MELI's EPS will be $49.99 for 2025, with the lowest EPS forecast at $42.36, and the highest EPS forecast at $64.35. In 2026, MELI's EPS is forecast to hit $71.48 (min: $58.31, max: $94.49).

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

(NASDAQ: MELI) forecast ROE is 107.61%, which is considered strong.
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