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Mercadolibre Inc
NASDAQ:MELI

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Mercadolibre Inc Logo
Mercadolibre Inc
NASDAQ:MELI
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Price: 1 642.88 USD 0.79% Market Closed
Updated: Jul 27, 2024
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Wall Street
Price Targets

MELI Price Targets Summary
Mercadolibre Inc

Wall Street analysts forecast MELI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MELI is 2 034.31 USD with a low forecast of 1 818 USD and a high forecast of 2 289 USD.

Lowest
Price Target
1 818 USD
11% Upside
Average
Price Target
2 034.31 USD
24% Upside
Highest
Price Target
2 289 USD
39% Upside

MELI Last Price Targets
Mercadolibre Inc

The latest public price target was made on Jun 27, 2024 by Marvin Fong from BTIG , who expects MELI stock to rise by 15% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Marvin Fong
BTIG
1 885 USD
Upside 15%
1 month ago
Jun 27, 2024
BTIG Reiterates Buy Rating on MercadoLibre (MELI)
StreetInsider
Alex Wright
Jefferies
2 100 USD
Upside 28%
2 months ago
May 20, 2024
MercadoLibre assumed at Buy from Hold at Jefferies
TheFly
Trevor Young
Barclays
1 800 USD
Upside 10%
3 months ago
Apr 3, 2024
MercadoLibre price target lowered to $1,800 from $2,000 at Barclays
TheFly
Scott Devitt
Wedbush
2 000 USD
Upside 22%
4 months ago
Mar 5, 2024
MercadoLibre Dominates Latin American eCommerce Space, Says Analyst
Benzinga
Marvin Fong
BTIG
Price Target 1 885 USD
Upside/Downside 15%
View Source
Alex Wright
Jefferies
Price Target 2 100 USD
Upside/Downside 28%
View Source
Trevor Young
Barclays
Price Target 1 800 USD
Upside/Downside 10%
View Source
Scott Devitt
Wedbush
Price Target 2 000 USD
Upside/Downside 22%
View Source
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Revenue
Forecast

Revenue Estimate
Mercadolibre Inc

For the last 8 years the compound annual growth rate for Mercadolibre Inc's revenue is 47%. The projected CAGR for the next 3 years is 26%.

47%
Past Growth
26%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Mercadolibre Inc

For the last 8 years the compound annual growth rate for Mercadolibre Inc's operating income is 36%. The projected CAGR for the next 3 years is 40%.

36%
Past Growth
40%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Net Income
Forecast

Net Income Estimate
Mercadolibre Inc

For the last 8 years the compound annual growth rate for Mercadolibre Inc's net income is 32%. The projected CAGR for the next 3 years is 49%.

32%
Past Growth
49%
Estimated Growth
Estimates Accuracy
-17%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MELI's stock price target?
Price Target
2 034.31 USD

According to Wall Street analysts, the average 1-year price target for MELI is 2 034.31 USD with a low forecast of 1 818 USD and a high forecast of 2 289 USD.

What is Mercadolibre Inc's Revenue forecast?
Projected CAGR
26%

For the last 8 years the compound annual growth rate for Mercadolibre Inc's revenue is 47%. The projected CAGR for the next 3 years is 26%.

What is Mercadolibre Inc's Operating Income forecast?
Projected CAGR
40%

For the last 8 years the compound annual growth rate for Mercadolibre Inc's operating income is 36%. The projected CAGR for the next 3 years is 40%.

What is Mercadolibre Inc's Net Income forecast?
Projected CAGR
49%

For the last 8 years the compound annual growth rate for Mercadolibre Inc's net income is 32%. The projected CAGR for the next 3 years is 49%.