MercadoLibre, Inc. (MELI)
NASDAQ: MELI · Real-Time Price · USD
1,828.73
+10.24 (0.56%)
Jan 23, 2025, 4:00 PM EST - Market closed
MercadoLibre Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for MercadoLibre stock have an average target of 2,281, with a low estimate of 1,800 and a high estimate of 2,800. The average target predicts an increase of 24.72% from the current stock price of 1,828.73.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MercadoLibre stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 8 | 8 | 8 | 8 |
| Buy | 4 | 7 | 6 | 6 | 6 | 5 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 14 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $2,250 | Buy → Strong Buy | Upgrades | $2,250 | +23.04% | Jan 21, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $2,150 → $1,950 | Hold | Maintains | $2,150 → $1,950 | +6.63% | Jan 8, 2025 |
| Wedbush | Wedbush | Buy Maintains $2,200 → $2,100 | Buy | Maintains | $2,200 → $2,100 | +14.83% | Jan 6, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $2,480 → $2,450 | Strong Buy | Maintains | $2,480 → $2,450 | +33.97% | Nov 26, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $2,400 → $2,150 | Hold | Maintains | $2,400 → $2,150 | +17.57% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
21.04B
from 14.47B
Increased by 45.35%
Revenue Next Year
26.00B
from 21.04B
Increased by 23.59%
EPS This Year
34.38
from 19.47
Increased by 76.61%
EPS Next Year
46.27
from 34.38
Increased by 34.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 22.0B | 28.3B | 34.9B | |||
| Avg | 21.0B | 26.0B | 31.5B | |||
| Low | 19.9B | 23.2B | 27.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 52.2% | 34.7% | 34.3% | |||
| Avg | 45.4% | 23.6% | 21.2% | |||
| Low | 37.2% | 10.1% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 41.51 | 54.67 | 77.02 | |||
| Avg | 34.38 | 46.27 | 62.93 | |||
| Low | 30.21 | 37.75 | 48.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 113.2% | 59.0% | 66.5% | |||
| Avg | 76.6% | 34.6% | 36.0% | |||
| Low | 55.2% | 9.8% | 5.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.