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MMYT Stock Chart & Stats
$49.23
$0.04(0.08%)
At close: 4:00 PM EDT
$49.23
$0.04(0.08%)
Day’s Range― - ―
52-Week Range$32.67 - $104.43
Previous CloseN/A
Volume884.81K
Average Volume (3M)1.13M
Market Cap
$4.67B
Enterprise Value$4.55K
Total Cash (Recent Filing)$765.12M
Total Debt (Recent Filing)$1.41B
Price to Earnings (P/E)99.1
Beta1.69
Next Earnings
Aug 03, 2026EPS Estimate
0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.49
Shares Outstanding89,571,500
10 Day Avg. Volume839,034
30 Day Avg. Volume1,134,604
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$70.83Price Target Upside43.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.56
Revenue Forecast (FY)$1.21B
Bulls Say, Bears Say
Bulls Say
Multi-year Gross Booking & Revenue GrowthSustained multi-year gross booking and revenue expansion reflects durable demand tailwinds in India, greater platform liquidity, and stronger supplier economics. Scale supports network effects, higher negotiability on pricing/incentives and structural revenue diversification across travel verticals.
Strong Operating Cash Generation And LiquidityHigh operating cash and large cash buffer provide durable financial flexibility to fund product investment, weather demand shocks, execute buybacks and support working capital. Cash conversion of adjusted operating profit (~97%) indicates underlying cash quality in core operations.
AI/product-driven Efficiency (Myra)Rapid AI adoption and automation reduce per-booking service costs and raise conversion rates, enabling scalable customer acquisition and higher margins over time. Product-led efficiency is a structural advantage across Tier‑2 markets and supports durable operating leverage.
Bears Say
Balance Sheet Deterioration (negative Equity)Shift to negative equity and elevated debt materially reduces financial resilience and increases refinancing and covenant risk. A weaker capital structure limits strategic optionality, raises cost of capital and constrains the company's ability to absorb shocks over the medium term.
Free Cash Flow Collapse In 2026A fall to zero free cash flow signals higher capex or working capital outflows that impair organic funding capacity. Persistent weak FCF would limit deleveraging, restrict reinvestment without external financing, and elevate long‑term financial vulnerability.
Structural Demand & Capacity HeadwindsSustained geopolitical, fuel cost and currency pressures can structurally depress international travel and prompt airline capacity cuts, capping GMV recovery and pressuring margins. Prolonged external shocks weaken volume growth and complicate long-term planning.
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 $104.43 in the past 12 months.
What is Makemytrip Limited’s market cap?
Makemytrip Limited’s market cap is $4.67B.
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is Aug 03, 2026 which is in 7 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on May 19, 2026. The company reported $0.238 earnings per share for the quarter, beating the consensus estimate of $0.165 by $0.073.
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 0.15.
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 $0.238 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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10
Analyst Consensus
Strong Buy
Average Price Target:
$70.83 (43.88% Upside)
$70.83 (43.88% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 53.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 10.5%
Last 30 Days ▼ 10.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.55%
12-Months-Change
Fundamentals
Return on Equity
―
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
$70.83
▲(43.88% Upside)
Technical Analysis
Trip.com Group Sponsored ADR
―
Expedia
―
Booking Holdings
―
TripAdvisor
―
Yatra Online
―
Ownership Overview
― Insiders
18.58% Mutual Funds
4.05% Other Institutional Investors
76.60% Public Companies and
Individual Investors