Mercadolibre (MELI)
NASDAQ:MELI

Mercadolibre (MELI) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MELI Analyst Ratings

Strong Buy
7Ratings
6 Buy
1 Hold
0 Sell
Based on 7 analysts giving stock ratings to
Mercadolibre
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MELI Stock 12 Months Forecast

Average Price Target

$1,260.00
▲(37.36% Upside)
Based on 7 Wall Street analysts offering 12 month price targets for Mercadolibre in the last 3 months. The average price target is $1,260.00 with a high forecast of $1,520.00 and a low forecast of $970.00. The average price target represents a 37.36% change from the last price of $917.32.
Highest Price Target$1,520Average Price Target$1,260Lowest Price Target$970.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Barclays
$1250.00
Buy
36.27%
Upside
Reiterated
Barclays Maintains Overweight on MercadoLibre, Lowers Price Target to $1250
New Street
$1100.00
Buy
19.91%
Upside
Reiterated
MercadoLibre initiated with a Buy at New StreetMercadoLibre initiated with a Buy at New Street
Morgan Stanley
$1690.00
Buy
84.23%
Upside
Reiterated
Mercardolibre has a Highly Attractive Risk-Reward Skew, Says Morgan Stanley"Macro pressures persist, but we see this being outweighed by company-specific drivers such as eCommerce share gain, ads/logistics uptake, and Fintech pricing," said Ruben.
Bradesco
$1800.00
Buy
96.22%
Upside
Upgraded
UPDATE: Bradesco BBI upgrades MercadoLibre (MELI) to OutperformBradesco BBI analyst Richard Cathcart upgraded MercadoLibre (NASDAQ: MELI) from Neutral to Outperform with a price target of $1,800.00 (from $1,700.00).
Susquehanna
$1750.00
Buy
90.77%
Upside
Reiterated
MercadoLibre price target lowered to $1750 from $1990 at SusquehannaMercadoLibre price target lowered to $1750 from $1990 at Susquehanna
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MELI Financial Forecast

MELI Earnings Forecast
Next quarter’s earnings estimate for MELI is $2.37 with a range of $1.57 to $3.96. The previous quarter’s EPS was $2.56. MELI beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.93% of the time in the same period. In the last calendar year MELI has Outperformed its overall industry.
Next quarter’s earnings estimate for MELI is $2.37 with a range of $1.57 to $3.96. The previous quarter’s EPS was $2.56. MELI beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.93% of the time in the same period. In the last calendar year MELI has Outperformed its overall industry.
MELI Sales Forecast
Next quarter’s sales forecast for MELI is $2.97B with a range of $2.87B to $3.08B. The previous quarter’s sales results were $2.69B. MELI beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 68.07% of the time in the same period. In the last calendar year MELI has Outperformed its overall industry.
Next quarter’s sales forecast for MELI is $2.97B with a range of $2.87B to $3.08B. The previous quarter’s sales results were $2.69B. MELI beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 68.07% of the time in the same period. In the last calendar year MELI has Outperformed its overall industry.
MELI Analyst Recommendation Trends
In the current month, MELI has received 5 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MELI average analyst price target in the past 3 months is $1.26K
In the current month, MELI has received 5 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MELI average analyst price target in the past 3 months is $1.26K

MELI Stock Forecast FAQ

What is MELI’s average 12-month price target, according to analysts?
Based on analyst ratings, Mercadolibre’s 12-month average price target is $1,260.00.
    What is MELI’s upside potential, based on the analysts’ average price target?
    Mercadolibre has 37.36% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MELI a Buy, Sell or Hold?
          Mercadolibre has a conensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Mercadolibre’s price target?
            The average price target for Mercadolibre is $1,260.00. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $1,520.00 ,the lowest forecast is $970.00. The average price target represents 37.36% Increase from the current price of $917.32.
              What do analysts say about Mercadolibre?
              Mercadolibre’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.

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