MercadoLibre, Inc. (MELI)

MercadoLibre Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for MercadoLibre stock have an average target of 2,431, with a low estimate of 1,800 and a high estimate of 3,000. The average target predicts an increase of 15.81% from the current stock price of 2,099.37.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1,800	$2,431	$2,450	$3,000
Change	-14.26%	+15.81%	+16.70%	+42.90%

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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	8	8	8	8	8	9
Buy	6	6	5	5	5	5
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	14	14	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Deepak Mathivanan Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $3,000 → $2,400	Buy	Maintains	$3,000 → $2,400	+14.32%	Apr 16, 2025
Fawne Jiang Benchmark	Benchmark	Strong Buy Initiates $2,500	Strong Buy	Initiates	$2,500	+19.08%	Apr 15, 2025
Andrew Ruben Morgan Stanley	Morgan Stanley	Buy Maintains $2,450 → $2,560	Buy	Maintains	$2,450 → $2,560	+21.94%	Apr 10, 2025
Irma Sgarz Goldman Sachs	Goldman Sachs	Strong Buy Maintains $2,400 → $2,750	Strong Buy	Maintains	$2,400 → $2,750	+30.99%	Mar 3, 2025
Marcelo Santos JP Morgan	JP Morgan	Hold Maintains $1,950 → $2,300	Hold	Maintains	$1,950 → $2,300	+9.56%	Feb 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.47B

Increased by 27.39%

from 20.78B

Revenue Next Year

32.66B

Increased by 23.40%

from 26.47B

EPS This Year

48.36

Increased by 28.31%

from 37.69

EPS Next Year

66.96

Increased by 38.46%

from 48.36

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.97B	7.07B	10.78B	15.11B	20.78B	26.47B	32.66B	38.50B
Revenue Growth	73.06%	77.88%	52.50%	40.14%	37.53%	27.39%	23.40%	17.86%
EPS	-0.08	1.67	9.53	19.47	37.69	48.36	66.96	87.56
EPS Growth	-	-	471.57%	104.38%	93.60%	28.31%	38.46%	30.77%
Forward PE	-	-	-	-	-	43.41	31.35	23.98
No. Analysts	-	-	-	-	-	22	21	14

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	29.0B	35.8B	44.1B
Avg	26.5B	32.7B	38.5B
Low	24.5B	29.7B	32.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	39.7%	35.3%	35.0%
Avg	27.4%	23.4%	17.9%
Low	17.9%	12.1%	-0.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	54.69	78.42	107.87
Avg	48.36	66.96	87.56
Low	39.69	51.97	66.10

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	45.1%	62.2%	61.1%
Avg	28.3%	38.5%	30.8%
Low	5.3%	7.5%	-1.3%

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.