Mercado Libre ($MELI) is projected to have $62.24 billion in revenue for FY 2028. Assuming we see margin expansion back to 8% (up from 5.5%) and a 35x P/E multiple we could get a very easy double of the stock price. This assume a MASSIVE slowdown in revenue down to a 25.6% CAGR down from the 50% reported last quarter. I continue to buy Meli at these levels.
38 views
0 Comments
No comments available.
Join the conversation with 500,000+ other investors 💸
Create an account to get access to everything Blossom has to offer!
📊 Personalized algorithm based on your investing style, experience level and interests
📈 Powerful portfolio and dividend tracking tools
👀 See what top creators and others in the community are investing in
