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Makemytrip ( (MMYT) ) has issued an announcement.
On September 23, 2025, MakeMyTrip announced significant leadership changes to bolster its market position and growth. Mohit Kabra has been promoted to Group Chief Operating Officer, overseeing operations and strategy implementation, while Dipak Bohra has been appointed as Group Chief Financial Officer, bringing extensive finance experience to the role. These appointments aim to drive operational excellence and financial leadership as the company continues to explore growth avenues.
The most recent analyst rating on (MMYT) stock is a Hold with a $107.00 price target. To see the full list of analyst forecasts on Makemytrip stock, see the MMYT Stock Forecast page.
Spark’s Take on MMYT Stock
According to Spark, TipRanks’ AI Analyst, MMYT is a Neutral.
Makemytrip’s strong financial performance and international growth are significant strengths, but the high P/E ratio and macroeconomic challenges impacting domestic segments pose risks. The technical indicators suggest potential short-term weakness, while the earnings call provided a mixed outlook with both positive growth and challenges.
To see Spark’s full report on MMYT stock, click here.
More about Makemytrip
MakeMyTrip Limited is India’s leading online travel company, offering a comprehensive and trusted platform for travelers and partners. With over 25 years in the industry, the company operates well-known brands such as MakeMyTrip, Goibibo, and redBus, providing services like air ticketing, hotel accommodations, holiday packages, and more through its websites and mobile platforms.
Average Trading Volume: 1,063,742
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.69B
Learn more about MMYT stock on TipRanks’ Stock Analysis page.