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MMYT Stock Forecast 2026-2027
$51.02
Current Price
$4.85B
Market Cap
Buy 10
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to MMYT Price Targets
+129.3%
To High Target of $117.00
+66.6%
To Median Target of $85.00
+17.6%
To Low Target of $60.00
MMYT Price Momentum
+24.9%
1 Week Change
+19.3%
1 Month Change
-50.6%
1 Year Change
-37.9%
Year-to-Date Change
-55.2%
From 52W High of $113.85
+56.2%
From 52W Low of $32.67
📊 TOP ANALYST CALLS
Did MMYT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if MakeMyTrip is one of their latest high-conviction picks.
Latest MMYT Stock Price Targets & Analyst Predictions
Based on our analysis of 6 Wall Street analysts, MMYT has a bullish consensus with a median price target of $85.00 (ranging from $60.00 to $117.00). The overall analyst rating is Strong Buy (9.6/10). Currently trading at $51.02, the median forecast implies a 66.6% upside. This outlook is supported by 10 Buy, 0 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Aditya Suresh at Macquarie, suggesting a 17.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MMYT Analyst Ratings
10
Buy
0
Hold
0
Sell
MMYT Price Target Range
Low
$60.00
Average
$85.00
High
$117.00
Current: $51.02
Latest MMYT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MMYT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 13, 2026 | Citigroup | Vijit Jain | Buy | Maintains | $80.00 |
| Jan 21, 2026 | Citigroup | Vijit Jain | Buy | Maintains | $96.00 |
| Dec 24, 2025 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $113.00 |
| Jul 23, 2025 | Citigroup | Vijit Jain | Buy | Maintains | $120.00 |
| Jun 24, 2025 | Macquarie | Aditya Suresh | Outperform | Upgrade | $110.00 |
| May 15, 2025 | Citigroup | Vijit Jain | Buy | Maintains | $125.00 |
| Dec 27, 2024 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $130.00 |
| Oct 24, 2024 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $119.00 |
| Aug 27, 2024 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $112.00 |
| Jul 24, 2024 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $100.00 |
| Jul 24, 2024 | Citigroup | Vijit Jain | Buy | Maintains | $115.00 |
| Jul 8, 2024 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $95.00 |
| Feb 21, 2024 | Macquarie | Aditya Suresh | Neutral | Downgrade | $60.00 |
| Aug 2, 2023 | Citigroup | Vijit Jain | Buy | Maintains | $45.00 |
| Jul 13, 2023 | Citigroup | Buy | Reiterates | $N/A | |
| Dec 8, 2022 | Morgan Stanley | Gaurav Rateria | Overweight | Upgrade | $36.00 |
| Sep 14, 2022 | JP Morgan | Ankur Rudra | Overweight | Initiates | $44.00 |
| Aug 30, 2022 | B of A Securities | Sachin Salgaonkar | Buy | Upgrade | $40.00 |
| May 26, 2022 | Citigroup | Vijit Jain | Buy | Maintains | $43.00 |
| Nov 4, 2019 | B of A Securities | Buy | Upgrade | $N/A |
MakeMyTrip Limited (MMYT) Competitors
The following stocks are similar to MakeMyTrip based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
MakeMyTrip Limited (MMYT) Financial Data
MakeMyTrip Limited has a market capitalization of $4.85B with a P/E ratio of 98.1x. The company generates $1.04B in trailing twelve-month revenue with a 5.5% profit margin.
Revenue growth is +10.6% quarter-over-quarter, while maintaining an operating margin of +13.8% and return on equity of +9.6%.
Valuation Metrics
Market Cap
$4.85B
Enterprise Value
$5.59B
P/E Ratio
98.1x
PEG Ratio
-1.4x
Price/Sales
4.7x
Growth & Margins
Revenue Growth (YoY)
+10.6%
Gross Margin
+70.3%
Operating Margin
+13.8%
Net Margin
+5.5%
EPS Growth
-73.2%
Financial Health
Cash/Price Ratio
+16.3%
Current Ratio
1.9x
Debt/Equity
-191.9x
ROE
+9.6%
ROA
+5.0%
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MakeMyTrip Limited (MMYT) Business Model
About MakeMyTrip Limited
What They Do
Provides comprehensive online travel services.
Business Model
MakeMyTrip operates as an online travel agency, generating revenue through commissions on flight and hotel bookings, as well as service fees from ancillary offerings such as cab rentals and activity reservations. By catering to both leisure and business travelers, it diversifies its income streams and enhances customer experience.
Additional Information
Headquartered in Gurgaon, India, MakeMyTrip is a leader in one of the fastest-growing travel markets globally. The company collaborates with airlines, hotels, and service providers to streamline the booking process and improve customer satisfaction, positioning itself as a key player in the digital transformation of the travel industry.
Company Information
Sector
Consumer Cyclical
Industry
Travel Services
Employees
5,122
CEO
Mr. Rajesh Magow
Country
India
IPO Year
2010
Website
www.makemytrip.comMakeMyTrip Limited (MMYT) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
MakeMyTrip (MMYT) Laps the Stock Market: Here's Why
In the latest trading session, MakeMyTrip (MMYT) closed at $47.85, marking a +2% move from the previous day.
Apr 16, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Analyst recommendations from brokerage firms can significantly impact stock prices, influencing investor decisions on buying, selling, or holding stocks.
Why It Matters
Analyst recommendations can significantly sway stock prices, affecting investment decisions and market sentiment, which is crucial for understanding potential stock performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
MakeMyTrip (MMYT) closed at $47.85, up 2% from the previous day in the latest trading session.
Why It Matters
MakeMyTrip's 2% increase signals positive market sentiment and potential growth, influencing investor confidence and future stock performance.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
MakeMyTrip (MMYT) closed at $40.74, a 2.26% increase from the prior trading session.
Why It Matters
MakeMyTrip's stock increase indicates positive market sentiment, potentially attracting more investors and signaling confidence in the company's performance or growth prospects.
Source: Zacks Investment Research
Market Sentiment:
Neutral
MakeMyTrip Hit By Short Seller Morpheus Research Report Alleging Regulatory Violations, Accounting Concerns
20 days ago
Quick Summary
MakeMyTrip Ltd (NASDAQ: MMYT) shares declined on Monday after a report from activist short-selling firm Morpheus Research.
Why It Matters
The report from Morpheus Research suggests potential financial issues for MakeMyTrip Ltd, leading to declining investor confidence and a drop in share prices.
Source: Benzinga
Market Sentiment:
Negative
Quick Summary
MakeMyTrip (MMYT) closed at $36.3, down 9.25% from the previous trading day.
Why It Matters
MakeMyTrip's significant drop in share price indicates potential concerns about its performance or market sentiment, which could impact investor confidence and future valuations.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
MakeMyTrip (MMYT) closed at $40, reflecting a 2.28% increase from the prior trading session.
Why It Matters
MakeMyTrip's 2.28% rise to $40 indicates positive market sentiment, potentially attracting more investors and suggesting stronger demand or favorable conditions for the company.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About MMYT Stock
What is MakeMyTrip Limited's (MMYT) stock forecast for 2026?
Based on our analysis of 6 Wall Street analysts, MakeMyTrip Limited (MMYT) has a median price target of $85.00. The highest price target is $117.00 and the lowest is $60.00.
Is MMYT stock a good investment in 2026?
According to current analyst ratings, MMYT has 10 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $51.02. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for MMYT stock?
Wall Street analysts predict MMYT stock could reach $85.00 in the next 12 months. This represents a 66.6% increase from the current price of $51.02. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is MakeMyTrip Limited's business model?
MakeMyTrip operates as an online travel agency, generating revenue through commissions on flight and hotel bookings, as well as service fees from ancillary offerings such as cab rentals and activity reservations. By catering to both leisure and business travelers, it diversifies its income streams and enhances customer experience.
What is the highest forecasted price for MMYT MakeMyTrip Limited?
The highest price target for MMYT is $117.00 from at , which represents a 129.3% increase from the current price of $51.02.
What is the lowest forecasted price for MMYT MakeMyTrip Limited?
The lowest price target for MMYT is $60.00 from Aditya Suresh at Macquarie, which represents a 17.6% increase from the current price of $51.02.
What is the overall MMYT consensus from analysts for MakeMyTrip Limited?
The overall analyst consensus for MMYT is bullish. Out of 6 Wall Street analysts, 10 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $85.00.
How accurate are MMYT stock price projections?
Stock price projections, including those for MakeMyTrip Limited, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 19, 2026 6:22 PM UTC