MercadoLibre Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for MercadoLibre stock have an average target of 2,257, with a low estimate of 1,800 and a high estimate of 2,800. The average target predicts an increase of 16.50% from the current stock price of 1,937.70.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1,800	$2,257	$2,300	$2,800
Change	-7.11%	+16.50%	+18.70%	+44.50%

Analyst Ratings

The average analyst rating for MercadoLibre stock from 15 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	6	6	7	7	8	8
Buy	5	5	4	7	6	6
Hold	1	1	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	11	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Marcelo Santos JP Morgan	JP Morgan	Hold Maintains $2,400 → $2,150	Hold	Maintains	$2,400 → $2,150	+10.96%	Nov 13, 2024
Trevor Young Barclays	Barclays	Buy Maintains $2,500 → $2,200	Buy	Maintains	$2,500 → $2,200	+13.54%	Nov 12, 2024
Andrew Ruben Morgan Stanley	Morgan Stanley	Buy Maintains $2,500 → $2,450	Buy	Maintains	$2,500 → $2,450	+26.44%	Nov 11, 2024
Marvin Fong BTIG	BTIG	Strong Buy Maintains $2,250 → $2,200	Strong Buy	Maintains	$2,250 → $2,200	+13.54%	Nov 7, 2024
Deepak Mathivanan Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $2,530 → $2,300	Buy	Maintains	$2,530 → $2,300	+18.70%	Nov 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

20.69B

from 14.47B

42.94%

from 14.47B

Revenue Next Year

25.77B

from 20.69B

24.58%

from 20.69B

EPS This Year

37.51

from 19.47

92.65%

from 19.47

EPS Next Year

49.15

from 37.51

31.05%

from 37.51

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.30B	3.97B	7.07B	10.54B	14.47B	20.69B	25.77B	30.94B
Revenue Growth	59.50%	73.06%	77.88%	49.06%	37.35%	42.94%	24.58%	20.05%
EPS	-3.71	-0.08	1.67	9.53	19.47	37.51	49.15	67.38
EPS Growth	-	-	-	471.57%	104.38%	92.65%	31.05%	37.09%
Forward PE	-	-	-	-	-	51.66	39.42	28.76
No. Analysts	-	-	-	-	-	21	20	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	22.0B	29.0B	34.6B
Avg	20.7B	25.8B	30.9B
Low	16.9B	22.4B	26.5B

Revenue Growth

Revenue Growth	2024	2025	2026
High	52.3%	40.2%	34.4%
Avg	42.9%	24.6%	20.0%
Low	16.7%	8.1%	2.7%

EPS Forecast

EPS	2024	2025	2026
High	42.55	59.56	98.75
Avg	37.51	49.15	67.38
Low	31.06	38.58	48.39

EPS Growth

EPS Growth	2024	2025	2026
High	118.5%	58.8%	100.9%
Avg	92.7%	31.0%	37.1%
Low	59.5%	2.9%	-1.5%

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.