Makemytrip Limited (MMYT)
NASDAQ:MMYT
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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 - $105.23
Previous CloseN/A
Volume124.97K
Average Volume (3M)1.20M
Market Cap
$4.26B
Enterprise Value$5.05B
Total Cash (Recent Filing)$765.12M
Total Debt (Recent Filing)$1.41B
Price to Earnings (P/E)276.8
Beta1.73
Next Earnings
Jul 28, 2026EPS Estimate
0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.49
Shares Outstanding89,571,500
10 Day Avg. Volume871,297
30 Day Avg. Volume1,202,680
Financial Highlights & Ratios
PEG Ratio-1.87
Price to Book (P/B)-56.10
Price to Sales (P/S)3.64
P/FCF Ratio0.00
Enterprise Value/Market Cap1.19
Enterprise Value/Revenue4.84
Enterprise Value/Gross Profit6.97
Enterprise Value/Ebitda24.72
Forecast
1Y Price Target
$79.00Price Target Upside54.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.54
Revenue Forecast (FY)$1.24B
Bulls Say, Bears Say
Bulls Say
Balance Sheet And Capital StructureStrong cash balance and board authorization to repurchase convertible bonds could make refinancing manageable and limit dilution, supporting financial flexibility.
Listing And Market AccessPlanned India listing could broaden the investor base and improve liquidity for the shares, creating potential for a valuation uplift relative to global peers.
Product Innovation And AI AdoptionIntegration of artificial intelligence through Myra and Agentic AI can streamline end-to-end trip planning, improve user experience, and boost customer acquisition in smaller cities.
Bears Say
Domestic Air Volume WeaknessWeak domestic airline demand has reduced air booking volumes, which can depress overall revenue growth and earnings recovery.
Geopolitical And International Demand RiskConflict-related disruptions in the Middle East and uncertainty around international travel could weigh on demand and increase revenue volatility.
Marketing Spend And Profitability PressureRising advertising and sales promotion spending to pursue growth has elevated customer acquisition costs and contributed to lower adjusted operating profit and margin compression.
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 $105.23 in the past 12 months.
What is Makemytrip Limited’s market cap?
Makemytrip Limited’s market cap is $4.26B.
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is Jul 28, 2026 which is in 68 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on May 19, 2026. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.165 by $0.065.
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 0.26.
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 $0.23 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
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$79.00 (54.84% Upside)
$79.00 (54.84% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 306.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-60.44%
12-Months-Change
Fundamentals
Return on Equity
31.18%
Trailing 12-Months
Asset Growth
-4.01%
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 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
$79.00
▲(54.84% Upside)
Technical Analysis
Trip.com Group Sponsored ADR
―
Expedia
―
Booking Holdings
―
TripAdvisor
―
Yatra Online
―
Ownership Overview
― Insiders
21.57% Mutual Funds
36.45% Other Institutional Investors
41.25% Public Companies and
Individual Investors