Want to see MMYT full AI Analyst Report?
MMYT Stock Chart & Stats
$51.02
-$0.39(-0.35%)
At close: 4:00 PM EST
$51.02
-$0.39(-0.35%)
Day’s Range― - ―
52-Week Range$32.67 - $104.99
Previous CloseN/A
Volume124.97K
Average Volume (3M)1.06M
Market Cap
$5.53B
Enterprise Value$5.29B
Total Cash (Recent Filing)$765.12M
Total Debt (Recent Filing)$1.41B
Price to Earnings (P/E)117.3
Beta1.65
Next Earnings
Jul 28, 2026EPS Estimate
0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.49
Shares Outstanding89,571,500
10 Day Avg. Volume1,296,876
30 Day Avg. Volume1,055,267
Financial Highlights & Ratios
PEG Ratio-1.86
Price to Book (P/B)-56.10
Price to Sales (P/S)3.64
P/FCF Ratio0.00
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue5.07
Enterprise Value/Gross Profit7.30
Enterprise Value/Ebitda25.06
Forecast
1Y Price Target
$68.00Price Target Upside33.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.52
Revenue Forecast (FY)$1.21B
Bulls Say, Bears Say
Bulls Say
Gross Booking GrowthSustained multi-year gross booking CAGR (~34% over four years) demonstrates strong structural demand and platform scale. High volumes create supplier leverage, network effects and cross-sell chances across air, hotels, bus and ancillaries, underpinning durable revenue growth and market position.
Profitability And Cash ConversionHigh operating cash generation and near-complete conversion of adjusted operating profit indicate the business converts operating performance into cash reliably. Improving EBIT and operating-margin traction provide recurring cash to fund reinvestment, support operations and withstand cyclical demand shifts.
AI & Product-driven EfficiencyMaterial AI adoption (voice assistant bookings, higher conversion, AI-driven development) creates durable cost efficiencies and higher take-rates. Automation lowers service costs, improves conversion especially in Tier-2 markets, and supports scalable product-led margin expansion over the medium term.
Bears Say
Weakened Balance SheetNegative shareholder equity and a sharp rise in debt materially increase financial risk. This reduces the firm's buffer against shocks, raises refinancing and covenant risks, and constrains strategic flexibility for M&A, capex or payout decisions over the medium term without corrective action.
Free Cash Flow DeteriorationA collapse to zero free cash flow curtails the company's ability to invest, pay down debt, or sustain buybacks without tapping reserves. Even with strong operating cash, FCF volatility suggests higher capex or working-capital strain, which weakens long-term financial resilience.
External Exposure: Geopolitics & Fuel/currencySignificant sensitivity to geopolitical shocks, ATF/fuel costs and INR swings makes international revenues and margin vulnerable. Airline capacity cuts and travel demand volatility can persist, reducing predictability of cross-border recovery and pressuring margins and cash flows over several quarters.
Makemytrip News
MMYT FAQ
What was Makemytrip Limited’s price range in the past 12 months?
Makemytrip Limited lowest stock price was $32.67 and its highest was $104.99 in the past 12 months.
What is Makemytrip Limited’s market cap?
Makemytrip Limited’s market cap is $5.53B.
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is Jul 28, 2026 which is in 24 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on May 19, 2026. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.165 by $0.085.
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 0.22.
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 $0.25 in its last earnings report, beating expectations of $0.165. Following the earnings report the stock price went down -7.723%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$68.00 (33.28% Upside)
$68.00 (33.28% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 53.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.08%
12-Months-Change
Fundamentals
Return on Equity
-38.21%
Trailing 12-Months
Asset Growth
-4.01%
Trailing 12-Months
Company Description
Makemytrip Limited
MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.
MMYT Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly constructive operating and financial picture: FY26 showed solid revenue growth, meaningful EBIT improvement (+30.1% YoY), margin expansion, strong cash generation, robust segmental gains (hotels, bus, ancillaries), accelerated AI adoption (Myra, automation) and strategic investments. At the same time, material near-term headwinds from the West Asia conflict, higher fuel costs, INR depreciation and airline capacity reductions have depressed international volumes and created demand volatility in March/April, tempering near-term guidance. Overall the positives on profitability, cash flow, product/AI momentum and diversified domestic demand outweigh the current external challenges, though management remains cautious about the near-term outlook.View all MMYT earnings summariesMMYT Stock 12 Month Forecast
Average Price Target
$68.00
▲(33.28% Upside)
Technical Analysis
Trip.com Group Sponsored ADR
―
Expedia
―
Booking Holdings
―
TripAdvisor
―
Yatra Online
―
Ownership Overview
― Insiders
18.58% Mutual Funds
0.31% Other Institutional Investors
80.35% Public Companies and
Individual Investors