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Makemytrip Limited (MMYT)
NASDAQ:MMYT
MMYT Stock Chart & Stats
$56.25
-$0.39(-0.35%)
At close: 4:00 PM EST
$56.25
-$0.39(-0.35%)
Day’s Range― - ―
52-Week Range$53.09 - $113.85
Previous CloseN/A
Volume124.97K
Average Volume (3M)2.14M
Market Cap
$5.34B
Enterprise Value$6.60B
Total Cash (Recent Filing)$814.11M
Total Debt (Recent Filing)$1.68B
Price to Earnings (P/E)112.5
Beta1.52
Next Earnings
May 20, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.07
Shares Outstanding89,571,500
10 Day Avg. Volume3,363,578
30 Day Avg. Volume2,139,120
Financial Highlights & Ratios
PEG Ratio-2.04
Price to Book (P/B)9.17
Price to Sales (P/S)11.28
P/FCF Ratio63.58
Enterprise Value/Market Cap1.24
Enterprise Value/Revenue6.35
Enterprise Value/Gross Profit8.65
Enterprise Value/Ebitda35.15
Forecast
1Y Price Target
$105.00Price Target Upside86.67% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Diversified Demand Across SegmentsVolume growth across international air, international hotels and bus bookings, along with modest domestic air share gains, points to multiple demand drivers supporting top-line momentum.
Hotel Segment StrengthAnalyst highlights that the hotel business drives the majority of company value and robust hotel booking volumes provide revenue resilience despite weakness in other travel segments.
Product Innovation And Traffic AcquisitionPositive customer feedback on the Agentic AI tool indicates improved trip planning capabilities and a potential new channel to attract and monetize platform traffic.
Bears Say
Airline Disruption RiskRepeated airline cancellations create downside risk for domestic air revenues and could exert pressure on consensus earnings estimates if capacity recovery from other carriers does not materialize.
Customer Mix And Higher Marketing IntensityA shift toward budget and mid-priced hotel bookings has lowered average booking values and increased marketing costs, compressing margins and prompting downward revisions to earnings assumptions.
Profitability And Margin PressureA sharp rise in advertising and sales promotion spending has driven adjusted operating profit below estimates and led to a decline in adjusted EBIT margin, weighing on profitability.
Makemytrip News
MMYT FAQ
What was Makemytrip Limited’s price range in the past 12 months?
Makemytrip Limited lowest stock price was $53.09 and its highest was $113.85 in the past 12 months.
What is Makemytrip Limited’s market cap?
Makemytrip Limited’s market cap is $5.34B.
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is May 20, 2026 which is in 92 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on Jan 21, 2026. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.158 by -$0.088.
Is Makemytrip Limited overvalued?
According to Wall Street analysts Makemytrip Limited’s price is currently Undervalued.
Does Makemytrip Limited pay dividends?
Makemytrip Limited does not currently pay dividends.
What is Makemytrip Limited’s EPS estimate?
Makemytrip Limited’s EPS estimate is 0.3.
How many shares outstanding does Makemytrip Limited have?
Makemytrip Limited has 89,571,500 shares outstanding.
What happened to Makemytrip Limited’s price movement after its last earnings report?
Makemytrip Limited reported an EPS of $0.07 in its last earnings report, missing expectations of $0.158. Following the earnings report the stock price went down -12.133%.
Which hedge fund is a major shareholder of Makemytrip Limited?
Currently, no hedge funds are holding shares in MMYT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Makemytrip Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$105.00 (86.67% Upside)
$105.00 (86.67% Upside)
Blogger Sentiment
Neutral
MMYT Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 28.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.04%
12-Months-Change
Fundamentals
Return on Equity
13.02%
Trailing 12-Months
Asset Growth
2.61%
Trailing 12-Months
Company Description
Makemytrip Limited
MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
MMYT Company Deck
MMYT Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was largely positive: strong volume growth across hotels, buses and ancillaries, notable AI/product momentum (Myra scaling and GenAI features), margin and profitability milestones (first $50M+ adjusted operating profit) and active capital returns. The main negatives were a significant but transient December domestic air supply disruption (new pilot FDTL rules and capacity cuts) which impacted peak bookings and created near‑term uncertainty, plus non‑cash financing and FX headwinds and an optical GBV moderation from GST changes. Management conveyed that the disruption is temporary and that many business levers (diversified transport mix, product innovations, corporate traction and buybacks) are mitigating factors.View all MMYT earnings summariesMMYT Stock 12 Month Forecast
Average Price Target
$105.00
▲(86.67% Upside)
Technical Analysis
Trip.com Group Sponsored ADR
―
Expedia
―
Booking Holdings
―
TripAdvisor
―
Yatra Online
―
Ownership Overview
― Insiders
21.60% Mutual Funds
23.00% Other Institutional Investors
54.67% Public Companies and
Individual Investors