MercadoLibre Inc. (MELI) Stock Forecast & Price Target
MercadoLibre Inc. · NASDAQ
$1862.44+42.70 (+2.35%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 14 firms covering MercadoLibre Inc, 11 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $1750.00 to $2800.00, a moderate spread. The average target of $2280.00 sits 22% above the current $1862.44. The rating mix has stayed broadly stable, with Buy-side ratings easing from 13 to 11 over recent months. On the fundamentals, the Street sees consensus EPS building from about $9.70 next quarter toward $57.40 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS14 ratings
Strong Buy
Strong Buy17%
Buy1071%
Hold321%
Sell00%
Strong Sell00%
Based on 14 analysts giving stock ratings to MercadoLibre Inc.
As of Jul, 11 of 14 firms rate MELI a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MELI EPS & revenue forecast
EPS · NEXT QUARTER
$9.70
Range $8.61 – $10.90 · 9 analysts · +17% YoY
Next period, 9 analysts expect MercadoLibre Inc. to earn $9.70 a share (range $8.61 – $10.90), versus $8.32 a year earlier. Full-year consensus is $39.97, growing to $57.40 the year after.
REVENUE · NEXT QUARTER
$10.3B
Range $9.6B – $10.6B · 9 analysts · +38% YoY
Revenue is expected to reach $10.3B (range $9.6B – $10.6B), +38.4% year-over-year. Full-year consensus is $40.7B, rising to $51.8B next year.
Top analysts covering MercadoLibre Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MELI.
#1
Deepak Mathivanan
Cantor Fitzgerald · Rank #209
Buy
$2350.00+26.2% to target
Overall win rate
36%
+ Follow
#2
FJ
Fawne Jiang
Benchmark · Rank #273
Buy
$2380.00+27.8% to target
Overall win rate
41%
+ Follow
#3
Marvin Fong
BTIG
Buy
$2150.00+15.4% to target
Coverage
—
+ Follow
#4
MS
Marcelo Santos
JP Morgan
Hold
$1900.00+2.0% to target
Coverage
—
+ Follow
#5
AR
Andrew R. Ruben
Morgan Stanley
Buy
$2450.00+31.5% to target
Coverage
—
+ Follow
MELI stock forecast FAQ
What is MELI's average 12-month price target?+
The 11 analysts with a live target average $2280.00 for MercadoLibre Inc. over the next 12 months, ranging from a $2800.00 high to a $1750.00 low.
Is MELI stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 14 analyst ratings, 11 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MELI?+
The Street-high target is $2800.00 (Scotiabank), and the Street-low is $1750.00 (UBS). The average of all 11 active targets is $2280.00.
How many Wall Street analysts cover MELI?+
14 analysts have an active rating on MercadoLibre Inc., and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering MELI?+
Among analysts who currently cover MELI, Deepak Mathivanan of Cantor Fitzgerald has the strongest overall Quantellect track record (Rank #209). Their current call is Buy with a $2350.00 target.
What is MercadoLibre Inc.'s projected EPS for next quarter?+
The consensus estimate is $9.70 per share (range $8.61 – $10.90) across 9 analysts. Full-year EPS is projected at $39.97, rising to $57.40 the following year.
How much revenue is MercadoLibre Inc. expected to report next quarter?+
Consensus revenue is $10.3B (range $9.6B – $10.6B). Full-year revenue is projected at $40.7B, growing to $51.8B next year.
Have analysts been upgrading or downgrading MELI lately?+
As of Jul, 11 of 14 firms rate MELI a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MELI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
