MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
111.00
-2.00 (-1.77%)
Dec 20, 2024, 4:00 PM EST - Market closed
MakeMyTrip Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MakeMyTrip stock have an average target of 98, with a low estimate of 60 and a high estimate of 119. The average target predicts a decrease of -11.71% from the current stock price of 111.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 24, 2024.
Analyst Ratings
The average analyst rating for MakeMyTrip stock from 3 stock analysts 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $112 → $119 | Strong Buy | Maintains | $112 → $119 | +7.21% | Oct 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $100 → $112 | Strong Buy | Maintains | $100 → $112 | +0.90% | Aug 27, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $93 → $115 | Strong Buy | Maintains | $93 → $115 | +3.60% | Jul 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $95 → $100 | Strong Buy | Maintains | $95 → $100 | -9.91% | Jul 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $88 → $95 | Strong Buy | Maintains | $88 → $95 | -14.41% | Jul 8, 2024 |
Financial Forecast
Revenue This Year
1.01B
from 782.52M
Increased by 29.20%
Revenue Next Year
1.22B
from 1.01B
Increased by 20.87%
EPS This Year
1.37
from 1.74
Decreased by -21.51%
EPS Next Year
1.91
from 1.37
Increased by 39.60%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.1B | 1.3B | 1.6B |
| Avg | 1.0B | 1.2B | 1.5B |
| Low | 933.6M | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 35.3% | 28.1% | 29.0% |
| Avg | 29.2% | 20.9% | 20.2% |
| Low | 19.3% | 12.7% | 11.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.71 | 2.28 | 2.97 |
| Avg | 1.37 | 1.91 | 2.47 |
| Low | 1.01 | 1.36 | 1.88 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -1.7% | 66.7% | 55.7% |
| Avg | -21.5% | 39.6% | 29.4% |
| Low | -42.0% | -0.4% | -1.6% |
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.