MMYTConsumer Cyclical · Travel ServicesThe 10 Wall Street analysts covering MakeMyTrip Ltd. hold a median 12-month price target of $75 — +24.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 40 of 100 as at 22 Aug 2026 — in the lower half.
Consensus tells you what everyone already believes. The model scores MakeMyTrip Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Accruals (91): Reported profit is backed by cash, and the company is not expanding recklessly.
Momentum (14): The shares have been drifting down relative to others.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on MMYT, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +24.4% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 2 July 2026 | HSBC | Initiates | Buy | $70 |
| 13 Apr 2026 | Citigroup | Maintains | Buy | — |
| 21 Jan 2026 | Citigroup | Maintains | Buy | — |
| 24 Dec 2025 | B of A Securities | Maintains | Buy | — |
| 23 July 2025 | Citigroup | Maintains | Buy | — |
| 24 June 2025 | Macquarie | Upgrade | Outperform | — |
| 15 May 2025 | Citigroup | Maintains | Buy | — |
| 27 Dec 2024 | B of A Securities | Maintains | Buy | — |
| 24 Oct 2024 | B of A Securities | Maintains | Buy | — |
| 27 Aug 2024 | B of A Securities | Maintains | Buy | — |
| 24 July 2024 | B of A Securities | Maintains | Buy | — |
| 24 July 2024 | Citigroup | Maintains | Buy | — |
| 8 July 2024 | B of A Securities | Maintains | Buy | — |
| 21 Feb 2024 | Macquarie | Downgrade | Neutral | — |
| 2 Aug 2023 | Citigroup | Maintains | Buy | — |
| 13 July 2023 | Citigroup | Reiterates | Buy | — |
| 8 Dec 2022 | Morgan Stanley | Upgrade | Overweight | — |
| 14 Sept 2022 | JP Morgan | Initiates | Overweight | — |
| 30 Aug 2022 | B of A Securities | Upgrade | Buy | — |
| 26 May 2022 | Citigroup | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MMYT appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 24 Aug 2026, MakeMyTrip Ltd. returned −41.6% against +19.6% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 3% of US stocks
Cheaper than 24% of US stocks
Cheaper than 99% of US stocks
Cheaper than 7% of US stocks
Higher than 42% of US stocks
Higher than 7% of US stocks
Higher than 84% of US stocks
Higher than 73% of US stocks
Higher than 55% of US stocks
Higher than 99% of US stocks
Higher than 65% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
MakeMyTrip Ltd. has a market value of $5.7B and an enterprise value of $6.5B.
Revenue in the twelve months to 30 June 2026: $1.1B. The latest quarter grew 6.2% year on year.
Net income over the same four quarters: $35.0M, a 3.3% net margin.
Diluted earnings per share, trailing twelve months: $0.12.
Free cash flow in the twelve months to 30 June 2026: $152.9M.
Trailing P/E: 262.9×; forward P/E: 24.4× — the forward figure prices analyst consensus estimates, not reported earnings.
MakeMyTrip Ltd. employs 5,507 people — $193K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own MakeMyTrip Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
MakeMyTrip Limited (MMYT) held its Q1 2027 earnings call, the transcript of which has been published by Seeking Alpha. The call covered the company's first-quarter fiscal 2027 results and related discussion.
Why it matters — A MakeMyTrip watcher would care because the earnings call transcript provides direct insight into the company's latest quarterly performance and management commentary.
MakeMyTrip's fiscal Q1 sales came in lower than anticipated, while its earnings beat Wall Street's target. The news came as valuations for travel industry stocks rose on reports of a potential deal to end the Iran war.
Why it matters — MMYT investors would note the earnings beat against a sales shortfall, alongside a broader boost to travel sector valuations.
MakeMyTrip reported fiscal 2027 first-quarter earnings, with growth in its hotels, packages and ground transportation segments. This growth helped offset softer air-ticketing trends caused by geopolitical disruptions, higher fuel costs and elevated airfare levels.
Why it matters — A MakeMyTrip watcher would care because the company's diversification into hotels, packages and ground transportation cushioned it against headwinds in the air-ticketing business.
The 10 Wall Street analysts covering MakeMyTrip Ltd. have a median 12-month price target of $75, with estimates ranging from $65 to $85. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 10 analysts covering MakeMyTrip Ltd., 10 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks MakeMyTrip Ltd. 40 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, MakeMyTrip Ltd. ranks 40 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (91 of 100).
No one can know that. What the data says: the median 12-month target from 10 analysts implies +24.4% from the last close, and Ticker Nerd's factor model ranks MakeMyTrip Ltd. 40 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering MakeMyTrip Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MMYT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $65 to $85 over the next 12 months.
MakeMyTrip Ltd. returned -41.6% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
MakeMyTrip Limited is an online travel services provider focused on facilitating a broad range of travel-related bookings and experiences. The company offers air ticketing, hotel reservations, and curated holiday packages, complemented by rail and bus ticketing, car hire, and inter-city car rental services.
The most recent item we track (Seeking Alpha, 3 Aug 2026): "MakeMyTrip Limited (MMYT) Q1 2027 Earnings Call Transcript". MakeMyTrip Limited (MMYT) held its Q1 2027 earnings call, the transcript of which has been published by Seeking Alpha. The call covered the company's first-quarter fiscal 2027 results and related discussion.
MakeMyTrip Limited is an online travel services provider focused on facilitating a broad range of travel-related bookings and experiences. The company offers air ticketing, hotel reservations, and curated holiday packages, complemented by rail and bus ticketing, car hire, and inter-city car rental services. Travelers can also access activities and experiences, as well as ancillary services such as travel insurance, visa assistance, and foreign currency exchange through its digital platforms. MakeMyTrip Limited serves customers primarily through its MakeMyTrip, Goibibo, and redBus brands, enabling users to research, plan, and book trips via websites and mobile applications across India and select international markets. The company operates in multiple countries, including the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia, giving it a diversified geographic footprint in the global travel ecosystem. Incorporated in 2000 and headquartered in Gurugram, India, MakeMyTrip Limited plays a significant role in the digital distribution of travel services and solutions for both domestic and outbound travelers.
CEO Mr. Rajesh Magow · 5,507 employees · India · https://www.makemytrip.com
