Wall Street analyst estimates for MercadoLibre, Inc. (MELI): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales.
Consensus price target
$2,160.00 (+30% vs price $1,662.16)
between $1,750.00 and $2,450.00 · 4 targets published in the last quarter
Closing price, Nov 3
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $41.8B | $41.0B – $42.2B | $38.18 | 16 |
| 2027E | $54.0B | $52.9B – $55.2B | $55.27 | 16 |
| 2028E | $66.5B | $61.8B – $70.8B | $75.73 | 17 |
Figures in USD · consensus as of November 4, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 24 |
| Hold | 8 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 33 |
| Avg rating (−2 sell to +2 buy) | 0.79 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $9.27 | ||
| 2026-08-05 | $9.19 | $8.65 | +6.2% |
| 2026-05-07 | $8.23 | $8.75 | -5.9% |
| 2026-02-24 | $11.03 | $11.45 | -3.7% |
| 2025-10-29 | $8.32 | $9.12 | -8.8% |
| 2025-08-04 | $10.31 | $11.93 | -13.6% |
| 2025-05-07 | $9.74 | $8.27 | +17.8% |
| 2025-02-20 | $12.61 | $10.21 | +23.5% |
Valuation Ratios
| P/E Ratio | 45.23 |
| Price / Book | 10.76 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $844.4M | $1.22B | $1.44B | $2.30B | $3.97B | $7.07B | $10.78B | $15.11B | $20.78B | $28.89B |
| Cost of Revenue | $307.5M | $496.9M | $742.6M | $1.19B | $2.27B | $4.06B | $5.58B | $7.52B | $11.20B | $16.04B |
| Gross Profit | $536.9M | $719.6M | $697.0M | $1.10B | $1.71B | $3.00B | $5.20B | $7.59B | $9.58B | $12.86B |
| Research & Development | $98.5M | $127.2M | $146.3M | $223.8M | $353.0M | $590.0M | $1.10B | $1.83B | $1.93B | $2.27B |
| Selling, General & Admin | $243.6M | $447.6M | $620.2M | $1.03B | $1.09B | $1.54B | $1.96B | $2.50B | $3.15B | $4.30B |
| Operating Expenses | $355.8M | $663.3M | $766.5M | $1.26B | $1.58B | $2.56B | $4.13B | $5.38B | $6.95B | $9.66B |
| Operating Income | $181.1M | $56.3M | -$69.5M | -$153.2M | $128.0M | $441.0M | $1.07B | $2.21B | $2.63B | $3.20B |
| EBITDA | $240.0M | $121.5M | $36.6M | $31.9M | $293.0M | $674.0M | $1.32B | $2.25B | $3.21B | $3.81B |
| Interest Expense | $24.6M | $26.5M | $56.2M | $65.9M | $106.7M | $228.7M | $272.0M | $176.0M | $153.0M | $148.0M |
| Pre-tax Income | $185.3M | $54.1M | -$65.5M | -$107.2M | $81.0M | $232.0M | $780.0M | $1.56B | $2.43B | $2.84B |
| Income Tax | $49.0M | $40.3M | -$28.9M | $64.8M | $82.0M | $149.0M | $298.0M | $569.0M | $521.0M | $845.0M |
| Net Income | $136.4M | $13.8M | -$36.6M | -$172.0M | -$1.0M | $83.0M | $482.0M | $987.0M | $1.91B | $2.00B |
| EPS | $3.09 | $0.31 | -$0.82 | -$3.53 | -$0.01 | $1.67 | $9.57 | $19.64 | $37.69 | $39.39 |
| EPS (Diluted) | $3.09 | $0.31 | -$0.82 | -$3.53 | -$0.01 | $1.67 | $9.53 | $19.46 | $37.69 | $39.39 |
| Shares Outstanding (Diluted) | 44.2 M | 44.2 M | 44.5 M | 48.7 M | 49.7 M | 49.8 M | 51.3 M | 51.0 M | 50.7 M | 50.7 M |
Price
| Price | $1,662.16 (closing price, November 3, 2026) |
| Market Cap | $84.3B |
| Exchange | NASDAQ |
| Country | UY |
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