MercadoLibre projected to join $50 B revenue club as analysts boost outlook

MercadoLibre, Latin America’s largest e‑commerce platform, is forecast to reach $50 billion in trailing‑12‑month revenue by the end of 2027 if it sustains its current 45% compound annual growth rate. The company’s revenue grew 49% year‑over‑year in Q1 2026, driven by rapid expansion in both its marketplace and fintech services, which together account for more than 70% of total earnings.

Safra analysts, while lowering their price target for the stock from $2,400 to $2,300, maintained a buy rating and highlighted a 24% upside potential. They cite MercadoLibre’s exceptional growth streak of over 30 quarters, a projected ROIC of 39% for 2025‑2028, and solid capital‑structure metrics. The bank raised its gross merchandise volume forecasts by 7% for 2026, 11% for 2027 and 14% for 2028, and expects e‑commerce revenue to outpace GMV growth as the company expands fulfillment centers, credit offerings and promotional campaigns across Argentina, Brazil, Mexico and other regions.