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MMYT Stock Forecast 2025-2026
$105.17
Current Price
$11.54B
Market Cap
Buy 9
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to MMYT Price Targets
+28.4%
To High Target of $135.00
+14.1%
To Median Target of $120.00
-6.8%
To Low Target of $98.00
MMYT Price Momentum
+7.4%
1 Week Change
+3.2%
1 Month Change
+24.1%
1 Year Change
-6.3%
Year-to-Date Change
-14.5%
From 52W High of $123.00
+45.0%
From 52W Low of $72.55
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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 $120.00 (ranging from $98.00 to $135.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $105.17, the median forecast implies a 14.1% upside. This outlook is supported by 9 Buy, 1 Hold, and 0 Sell ratings.
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
9
Buy
1
Hold
0
Sell
MMYT Price Target Range
Low
$98.00
Average
$120.00
High
$135.00
Current: $105.17
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 |
|---|---|---|---|---|---|
| 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 | $0.00 | |
| 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 | $0.00 | |
| Nov 4, 2019 | Bank of America | Buy | Upgrade | $0.00 | |
| Apr 30, 2019 | B of A Securities | Underperform | Downgrade | $25.00 | |
| Apr 30, 2019 | Bank of America | Underperform | Downgrade | $0.00 | |
| Oct 26, 2018 | Goldman Sachs | Buy | Upgrade | $33.00 | |
| Sep 11, 2018 | B of A Securities | Sachin Salgaonkar | Buy | Maintains | $40.00 |
| Sep 11, 2018 | Bank of America | Buy | Maintains | $0.00 |
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 $11.54B with a P/E ratio of 55.0x. The company generates $935.76M in trailing twelve-month revenue with a 25.4% profit margin.
Revenue growth is +24.8% quarter-over-quarter, while maintaining an operating margin of +13.0% and return on equity of +22.3%.
Valuation Metrics
Market Cap
$11.54B
Enterprise Value
$11.58B
P/E Ratio
55.0x
PEG Ratio
53.9x
Price/Sales
12.3x
Growth & Margins
Revenue Growth (YoY)
+24.8%
Gross Margin
+71.1%
Operating Margin
+13.0%
Net Margin
+25.4%
EPS Growth
+11.4%
Financial Health
Cash/Price Ratio
+5.9%
Current Ratio
2.9x
Debt/Equity
19.5x
ROE
+22.3%
ROA
+3.6%
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MakeMyTrip Limited (MMYT) Business Model
About MakeMyTrip Limited
What They Do
Online travel services provider in India.
Business Model
MakeMyTrip generates revenue by offering a platform for booking various travel-related services, including flights, hotels, holiday packages, and transportation. The company earns commissions from service providers and charges service fees to consumers, capitalizing on the growing demand for travel in India.
Additional Information
As a pioneer in the Indian online travel market, MakeMyTrip is positioned in one of the fastest-growing travel sectors globally. The company utilizes technology to enhance user experience and has established partnerships with airlines and hotels to streamline operations and improve customer satisfaction.
Company Information
Sector
Consumer Cyclical
Industry
Travel Services
Employees
4,576
CEO
Mr. Rajesh Magow
Country
India
IPO Year
2010
Website
www.makemytrip.comMakeMyTrip Limited (MMYT) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
QuinStreet (QNST) Meets Q3 Earnings Estimates
QuinStreet (QNST) delivered earnings and revenue surprises of 0% and 0.02%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
May 07, 2025
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
MakeMyTrip Limited (NASDAQ: MMYT) will hold its Q4 2025 results conference call on May 14, 2025, at 7:30 AM ET, featuring key company executives and analysts from major financial institutions.
Why It Matters
The conference call reveals key financial results and insights from MakeMyTrip, which can impact stock performance and investor sentiment regarding future growth and profitability.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
MakeMyTrip (MMYT) is not expected to meet the criteria for a potential earnings beat in its upcoming report, according to key expectations outlined.
Why It Matters
MMYT's lack of key indicators for an earnings beat may signal weaker performance, potentially impacting stock price and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
MakeMyTrip (MMYT) closed at $113.21, reflecting a 0.63% increase from the previous trading day.
Why It Matters
MakeMyTrip's slight increase in stock price indicates positive investor sentiment and potential upward momentum, which may attract further investment interest.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
MakeMyTrip Limited will report its fiscal 2025 Q4 and full-year financial results on May 14, 2025, before market opening.
Why It Matters
MakeMyTrip's upcoming financial report may impact its stock price, providing insights into its performance and growth potential, influencing investor sentiment and decisions.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
MakeMyTrip CEO Rajesh Magow expresses confidence in steady travel demand, despite tariffs and market volatility, indicating a resilient mid- to long-term outlook for the company.
Why It Matters
Rajesh Magow's confidence in sustained travel demand suggests potential growth for MakeMyTrip, indicating stability in the travel sector, which can positively influence investor sentiment and stock performance.
Source: CNBC International TV
Market Sentiment:
Neutral
Quick Summary
Wall Street analysts' ratings influence investor decisions on buying, selling, or holding stocks, with changes in these ratings often impacting stock prices.
Why It Matters
Changes in Wall Street analysts' ratings can lead to significant stock price fluctuations, impacting investment strategies and portfolio performance.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About MMYT Stock
What is MakeMyTrip Limited's (MMYT) stock forecast for 2025?
Based on our analysis of 6 Wall Street analysts, MakeMyTrip Limited (MMYT) has a median price target of $120.00. The highest price target is $135.00 and the lowest is $98.00.
Is MMYT stock a good investment in 2025?
According to current analyst ratings, MMYT has 9 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $105.17. 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 $120.00 in the next 12 months. This represents a 14.1% increase from the current price of $105.17. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is MakeMyTrip Limited's business model?
MakeMyTrip generates revenue by offering a platform for booking various travel-related services, including flights, hotels, holiday packages, and transportation. The company earns commissions from service providers and charges service fees to consumers, capitalizing on the growing demand for travel in India.
What is the highest forecasted price for MMYT MakeMyTrip Limited?
The highest price target for MMYT is $135.00 from at , which represents a 28.4% increase from the current price of $105.17.
What is the lowest forecasted price for MMYT MakeMyTrip Limited?
The lowest price target for MMYT is $98.00 from at , which represents a -6.8% decrease from the current price of $105.17.
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, 9 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $120.00.
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: May 16, 2025 9:19 AM UTC