MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
100.77
+5.12 (5.35%)
At close: Sep 11, 2025, 4:00 PM EDT
100.70
-0.07 (-0.07%)
After-hours: Sep 11, 2025, 4:00 PM EDT
MakeMyTrip Stock Forecast
Stock Price Forecast
The 3 analysts that cover MakeMyTrip stock have a consensus rating of "Strong Buy" and an average price target of $120, which forecasts a 19.08% increase in the stock price over the next year. The lowest target is $110 and the highest is $130.
Price Target: $120 (+19.08%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 23, 2025.
Analyst Ratings
The average analyst rating for MakeMyTrip stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $125 → $120 | Strong Buy | Maintains | $125 → $120 | +19.08% | Jul 23, 2025 |
| Macquarie | Macquarie | Hold → Buy Upgrades $110 | Hold → Buy | Upgrades | $110 | +9.16% | Jun 24, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $120 → $125 | Strong Buy | Maintains | $120 → $125 | +24.04% | May 15, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $119 → $130 | Strong Buy | Maintains | $119 → $130 | +29.01% | Dec 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $112 → $119 | Strong Buy | Maintains | $112 → $119 | +18.09% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
1.21B
from 978.34M
Increased by 23.47%
Revenue Next Year
1.47B
from 1.21B
Increased by 21.44%
EPS This Year
1.69
from 0.83
Increased by 103.14%
EPS Next Year
2.08
from 1.69
Increased by 23.20%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.3B | 1.6B | |
| Avg | 1.2B | 1.5B | |
| Low | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.5% | 33.8% | |
| Avg | 23.5% | 21.4% | |
| Low | 11.3% | 9.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.26 | 2.64 | |
| Avg | 1.69 | 2.08 | |
| Low | 1.02 | 1.50 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 172.0% | 56.3% | |
| Avg | 103.1% | 23.2% | |
| Low | 22.7% | -11.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.