MakeMyTrip Limited (MMYT)
| Market Cap | 4.54B -61.1% |
| Revenue (ttm) | 1.04B +11.1% |
| Net Income | 56.75M -76.1% |
| EPS | 0.53 -71.9% |
| Shares Out | 94.87M |
| PE Ratio | 90.13 |
| Forward PE | 72.18 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 615,517 |
| Open | 49.86 |
| Previous Close | 50.51 |
| Day's Range | 47.31 - 50.49 |
| 52-Week Range | 32.67 - 110.59 |
| Beta | 1.03 |
| Analysts | Strong Buy |
| Price Target | 101.00 (+111.12%) |
| Earnings Date | May 19, 2026 |
About MMYT
MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel a... [Read more]
Financial Performance
In fiscal year 2025, MakeMyTrip's revenue was $978.34 million, an increase of 25.02% compared to the previous year's $782.52 million. Earnings were $95.10 million, a decrease of -56.13%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for MMYT stock is "Strong Buy." The 12-month stock price target is $101.0, which is an increase of 111.12% from the latest price.
News
MakeMyTrip price target lowered to $80 from $117 at Goldman Sachs
Goldman Sachs analyst Manish Adukia lowered the firm’s price target on MakeMyTrip (MMYT) to $80 from $117 and keeps a Buy rating on the shares ahead of its Q4 results.
MakeMyTrip Limited to Report Fiscal 2026 Fourth Quarter and Full Year Financial & Operating Results on May 19, 2026
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #Fiscal2026--MakeMyTrip Limited to report fiscal 2026 fourth quarter and full year financial & operating results on Tuesday, May 19, 2026.
MakeMyTrip price target lowered to $80 from $96 at Citi
Citi lowered the firm’s price target on MakeMyTrip (MMYT) to $80 from $96 and keeps a Buy rating on the shares. The firm sees a tough fiscal 2026 backdrop but
MakeMyTrip price target lowered to $60 from $105 at BofA
BofA lowered the firm’s price target on MakeMyTrip (MMYT) to $60 from $105 and keeps a Buy rating on the shares. The firm sees the company reporting “soft” Q4 due
MakeMyTrip removed from APAC Conviction List at Goldman Sachs
Goldman Sachs analysts removed MakeMyTrip (MMYT) from its APAC Conviction List as part of a monthly update.
Morpheus Research says MakeMyTrip ‘openly defies regulators, scams customers’
In a recently published report, Morpheus Research says that MakeMyTrip (MMYT), a $3.5B online travel agency that is sometimes referred to as the “Booking.com of India” with 50% of the
MakeMyTrip to collaborate with OpenAI
MakeMyTrip (MMYT) announced that it will collaborate with OpenAI to deepen AI-led travel discovery and capture high-intent travel queries. As part of this collaboration, MakeMyTrip uses OpenAI’s APIs ...
MakeMyTrip Deepens AI-First Strategy with OpenAI Collaboration
GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #AI--MakeMyTrip today announced that it will collaborate with OpenAI to deepen AI-led travel discovery and capture high-intent travel queries.
MakeMyTrip price target lowered to $106 from $113 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MakeMyTrip (MMYT) to $106 from $113 and keeps an Overweight rating on the shares. Following the company’s Q3 report, the firm is
MakeMyTrip reports Q3 revenue $295.7M vs $267.4M last year
Reports Q3 adjusted EBIT $50.7M vs $46M last year. Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip (MMYT), said, “Our diversified product portfolio of transport and ...
MakeMyTrip price target lowered to $96 from $108 at Citi
Citi lowered the firm’s price target on MakeMyTrip (MMYT) to $96 from $108 and keeps a Buy rating on the shares following the Q3 report. The firm views the company’s
MakeMyTrip Earnings Call Transcript: Q3 2026
Q3 FY2026 delivered strong volume growth in hotels, packages, and bus ticketing, offsetting temporary domestic air disruptions. AI-driven innovations and GST cuts fueled demand, while adjusted net profit rose 33% year-over-year.
MakeMyTrip Limited Announces Repurchase Right Notification for 0.00% Convertible Senior Notes due 2028
GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #ConvertibleSeniorNotes--MakeMyTrip Limited announced that it had issued a Repurchase Right Notice addressed to holders of its 0.00% Convertible Senior Notes...
MakeMyTrip Limited to Report Fiscal 2026 Third Quarter Financial & Operating Results on January 21, 2026
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #Financialresults--MakeMyTrip Limited plans to report its fiscal 2026 third quarter financial and operating results before markets open on Wednesd...
MakeMyTrip price target lowered to $113 from $115 at BofA
BofA analyst Sachin Salgaonkar lowered the firm’s price target on MakeMyTrip (MMYT) to $113 from $115 and keeps a Buy rating on the shares. For Q3, the firm forecasts MakeMyTrip
MakeMyTrip initiated with an Outperform at CICC
CICC initiated coverage of MakeMyTrip (MMYT) with an Outperform rating and $95 price target
MakeMyTrip Earnings Call Transcript: Q2 2026
Q2 FY26 delivered strong adjusted operating profit growth of 18% year-on-year, driven by robust performance in hotels, international air, and bus segments, despite domestic air supply constraints and notional finance costs leading to a reported net loss. AI initiatives and expanded inventory support continued growth.
MakeMyTrip Limited to Report Fiscal 2026 Second Quarter Financial & Operating Results on October 28, 2025
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2026 second quarter financial and operating results before markets open on Tuesda...
MakeMyTrip added to APAC Conviction List at Goldman Sachs
Goldman Sachs analysts added MakeMyTrip (MMYT) to the firm’s APAC Conviction List as part of its monthly update. The weakness in domestic air travel that is driving the stock’s underperformance
MakeMyTrip Launches Multilingual GenAI Trip Planning Assistant, Making Travel Booking Conversational and Inclusive
NEW DELHI--(BUSINESS WIRE)---- $MMYT #AI--MakeMyTrip launches Multilingual GenAI Trip Planning Assistant, making Travel Booking Conversational and Inclusive.
MakeMyTrip Limited Announces Details of its Annual Shareholders Meeting
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #AnnualShareholdersMeeting--MakeMyTrip Limited announced today that the annual meeting of its shareholders will be held on Thursday, September 11,...
MakeMyTrip price target lowered to $120 from $125 at Citi
Citi lowered the firm’s price target on MakeMyTrip (MMYT) to $120 from $125 and keeps a Buy rating on the shares following the Q2 report. The firm sees softer demand
MakeMyTrip Earnings Call Transcript: Q1 2026
Q1 FY26 saw resilient growth despite domestic travel disruptions, with international and ancillary segments driving revenue and profit gains. Management expects recovery and high teens to 20% growth for the year, supported by strong cash reserves and ongoing innovation.
MakeMyTrip Limited to report Fiscal 2026 First Quarter Financial & Operating Results on July 22, 2025
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2026 first quarter financial and operating results before markets open on Tuesday...