
MercadoLibre (MELI) Stock Forecast & Price Target
MercadoLibre (MELI) Analyst Ratings
Bulls say
MercadoLibre operates the largest e-commerce marketplace in Latin America, supported by a robust ecosystem that includes diverse revenue streams such as final value fees, advertising royalties, and payment processing. The company has demonstrated impressive financial performance, with Brazil reporting a 27% increase in e-commerce sales for November, paired with strong growth metrics observed during Black Friday, indicating a healthy demand for online shopping. Furthermore, MercadoLibre's expanding profit margins provide the financial flexibility necessary for continued investment in new products and services, ensuring its competitive edge in the market.
Bears say
MercadoLibre faces numerous downside risks impacting its stock outlook, including potential adverse regulatory changes, local currency depreciation against the dollar, and increased competitive pressure within both its e-commerce and payments segments. The macroeconomic instability in Argentina raises additional concerns, exemplified by recent softer-than-expected sales during the Black Friday weekend and uncertainty regarding near-term margin expansion due to heightened investment demands. Furthermore, the combination of rising funding costs and the potential for a macroeconomic downturn could adversely influence gross merchandise volume (GMV) and loan losses, adding further pressure on the company's financial performance.
This aggregate rating is based on analysts' research of MercadoLibre and is not a guaranteed prediction by Public.com or investment advice.
MercadoLibre (MELI) Analyst Forecast & Price Prediction
Start investing in MercadoLibre (MELI)
Order type
Buy in
Order amount
Est. shares
0 shares