MMYT Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q3

FY2026Q4

FY2027Q1

307.75M

+13.8%

0.119

-48.2%

289.83M

+10.96%

0.142

-43.13%

338.41M

+19.57%

0.310

+40.86%

Estimates Revision

The market is revising Downward the revenue expectations for MakeMyTrip Limited (MMYT) for FY2026, with the revenue forecasts being adjusted by -3.04% over the past three months. During the same period, the stock price has changed by -14.19%.

Revenue Estimates for FY2026

Revise Downward

-3.04%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-56.91%

In Past 3 Month

Stock Price

Go Down

-14.19%

In Past 3 Month

3 Analyst Rating

Wall Street analysts forecast MMYT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MMYT is 118.67 USD with a low forecast of 115.00 USD and a high forecast of 123.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

0 Hold

0 Sell

Strong Buy

Current: 0.000

Low

115.00

Averages

118.67

High

123.00

Current: 0.000

Low

115.00

Averages

118.67

High

123.00

BofA

Sachin Salgaonkar

Buy

downgrade

$115 -> $113

2025-12-24

Reason

BofA

Sachin Salgaonkar

Price Target

$115 -> $113

2025-12-24

downgrade

Buy

Reason

BofA analyst Sachin Salgaonkar lowered the firm's price target on MakeMyTrip to $113 from $115 and keeps a Buy rating on the shares. For Q3, the firm forecasts MakeMyTrip to report a "soft" 16% year-over-year growth rate on a reported currency basis given the negative impact from IndiGo's flight disruptions, though the firm's industry channel checks indicate that the company is doing better than OTA peers and was relatively less impacted, the analyst tells investors in a preview.

CICC

Outperform

initiated

$95

2025-11-14

Reason

CICC

Price Target

$95

2025-11-14

initiated

Outperform

Reason

CICC initiated coverage of MakeMyTrip with an Outperform rating and $95 price target.

Citi

Buy

downgrade

$125 -> $120

2025-07-23

Reason

Citi

Price Target

$125 -> $120

2025-07-23

downgrade

Buy

Reason

Citi lowered the firm's price target on MakeMyTrip to $120 from $125 and keeps a Buy rating on the shares following the Q2 report. The firm sees softer demand in the company's domestic air and packages segments offset by strength in its international and new transportation verticals.

Macquarie

Aditya Suresh

Neutral -> Outperform

upgrade

$110

2025-06-24

Reason

Macquarie

Aditya Suresh

Price Target

$110

2025-06-24

upgrade

Neutral -> Outperform

Reason

Macquarie analyst Aditya Suresh upgraded MakeMyTrip (MMYT) to Outperform from Neutral with a $110 price target. The company is raising $3.1B via a mix of primary share issuance and zero-coupon convertible notes, the analyst tells investors in a research note. The firm says the proceeds will be used to buy back a majority of Trip.com's (TCOM) class B shareholding. Macquarie says MakeMyTrip's basic share count will fall after this transaction. Following the deal, the firm sees a "bobets base case" for the shares, with gross booking value increasing and mild improvement in take-rates for both Air and Hotels.

Citi

Buy

maintain

$120 -> $125

2025-05-15

Reason

Citi

Price Target

$120 -> $125

2025-05-15

maintain

Buy

Reason

Citi raised the firm's price target on MakeMyTrip to $125 from $120 and keeps a Buy rating on the shares following the "solidly in-line" Q4 report. The company signaled confidence in retaining the growth pace over the medium-term, while calling out headwinds to Q1 from the geopolitical developments of the past three weeks, the analyst tells investors in a research note. The firm believes the geopolitical impact should be short-lived and says MakeMyTrip is one of its "key internet picks."

BofA

Buy

maintain

$107 -> $120

2025-05-15

Reason

BofA

Price Target

$107 -> $120

2025-05-15

maintain

Buy

Reason

BofA raised the firm's price target on MakeMyTrip to $120 from $107 and keeps a Buy rating on the shares, noting that the company delivered "healthy" 23% year-over-year revenue growth in a seasonally slower Q4. Travel demand momentum remains steady barring the recent 2-3 weeks of travel disruption seen during the India-Pakistan conflict and MakeMyTrip remains hopeful of recovering some of the lost momentum in coming weeks, the analyst added.

Valuation Metrics

The current forward P/E ratio for MakeMyTrip Ltd (MMYT.O) is 105.62, compared to its 5-year average forward P/E of 139.25. For a more detailed relative valuation and DCF analysis to assess MakeMyTrip Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

139.25

Current PE

105.62

Overvalued PE

363.35

Undervalued PE

-84.85

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

40.97

Current EV/EBITDA

36.64

Overvalued EV/EBITDA

94.18

Undervalued EV/EBITDA

-12.23

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

6.71

Current PS

6.48

Overvalued PS

9.15

Undervalued PS

4.26

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

MMYT News & Events

Events Timeline

No data

News

9.5

2025-12-27NASDAQ.COM

MakeMyTrip (MMYT) Expected to Post 10.26% Year-over-Year Earnings Growth

6.0

2025-12-24Benzinga

B. Riley Cuts WhiteFiber Price Target to $40 Amidst Buy Rating

3.0

2025-12-19NASDAQ.COM

Three Delivery Service Stocks to Monitor as the Industry Faces Challenges

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Frequently Asked Questions

What is MakeMyTrip Ltd (MMYT) stock price today?

The current price of MMYT is 78.65 USD — it has decreased -4.68 % in the last trading day.

What is MakeMyTrip Ltd (MMYT)'s business?

MakeMyTrip Limited is an online travel provider. The Company's segments include Air Ticketing, Hotels and Packages, and Bus Ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms. The Hotels and packages segment provides holiday packages and hotel reservations through Internet-based platforms, call centers, and franchise stores. The Bus ticketing segment provides the facility to book domestic and international bus tickets through Internet-based platforms. Through its primary websites, such as www.makemytrip.com, www.goibibo.com, and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. The Company's services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, activities and experiences, and ancillary travel requirements. It also provides an inter-city car rental service.

What is the price predicton of MMYT Stock?

What is MakeMyTrip Ltd (MMYT)'s revenue for the last quarter?

MakeMyTrip Ltd revenue for the last quarter amounts to 229.34M USD, increased 8.70 % YoY.

What is MakeMyTrip Ltd (MMYT)'s earnings per share (EPS) for the last quarter?

MakeMyTrip Ltd. EPS for the last quarter amounts to -0.06 USD, decreased -137.50 % YoY.

What changes have occurred in the market's expectations for MakeMyTrip Ltd (MMYT)'s fundamentals?

How many employees does MakeMyTrip Ltd (MMYT). have?

MakeMyTrip Ltd (MMYT) has 5122 emplpoyees as of January 10 2026.

What is MakeMyTrip Ltd (MMYT) market cap?

Today MMYT has the market capitalization of 7.48B USD.