MercadoLibre Inc. (MELI) Stock Forecast & Price Target
MercadoLibre Inc. · NASDAQ
$1876.48-49.77 (-2.58%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering MercadoLibre Inc, 9 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $1750.00 to $2800.00, a moderate spread. The average target of $2298.18 sits 22% above the current $1876.48. The rating mix has stayed broadly stable, with Buy-side ratings easing from 11 to 9 over recent months. On the fundamentals, the Street sees consensus EPS building from about $11.13 next quarter toward $56.07 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Moderate Buy
Strong Buy00%
Buy975%
Hold325%
Sell00%
Strong Sell00%
Based on 12 analysts giving stock ratings to MercadoLibre Inc.
As of Sep, 9 of 12 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
$11.13
Range $8.30 – $12.57 · 10 analysts · +1% YoY
Next period, 10 analysts expect MercadoLibre Inc. to earn $11.13 a share (range $8.30 – $12.57), versus $11.03 a year earlier. Full-year consensus is $38.29, growing to $56.07 the year after.
REVENUE · NEXT QUARTER
$11.9B
Range $11.2B – $12.4B · 10 analysts · +36% YoY
Revenue is expected to reach $11.9B (range $11.2B – $12.4B), +35.6% year-over-year. Full-year consensus is $41.7B, rising to $53.3B 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 #281
Buy
$2300.00+22.6% to target
Overall win rate
35%
+ Follow
#2
FJ
Fawne Jiang
Benchmark · Rank #351
Buy
$2380.00+26.8% to target
Overall win rate
39%
+ Follow
#3
Marvin Fong
BTIG
Buy
$2150.00+14.6% to target
Coverage
—
+ Follow
#4
MS
Marcelo Santos
JP Morgan
Hold
$2150.00+14.6% to target
Coverage
—
+ Follow
#5
AR
Andrew R. Ruben
Morgan Stanley
Buy
$2450.00+30.6% 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 $2298.18 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 Moderate Buy. Of the 12 analyst ratings, 9 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 $2298.18.
How many Wall Street analysts cover MELI?+
12 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 #281). Their current call is Buy with a $2300.00 target.
What is MercadoLibre Inc.'s projected EPS for next quarter?+
The consensus estimate is $11.13 per share (range $8.30 – $12.57) across 10 analysts. Full-year EPS is projected at $38.29, rising to $56.07 the following year.
How much revenue is MercadoLibre Inc. expected to report next quarter?+
Consensus revenue is $11.9B (range $11.2B – $12.4B). Full-year revenue is projected at $41.7B, growing to $53.3B next year.
Have analysts been upgrading or downgrading MELI lately?+
As of Sep, 9 of 12 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.
