MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
94.56
-1.37 (-1.42%)
At close: Mar 3, 2025, 3:59 PM
94.54
-0.02 (-0.02%)
After-hours: Mar 3, 2025, 5:20 PM EST
MakeMyTrip Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MakeMyTrip stock have an average target of 122.5, with a low estimate of 115 and a high estimate of 130. The average target predicts an increase of 29.55% from the current stock price of 94.56.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 27, 2024.
Analyst Ratings
The average analyst rating for MakeMyTrip stock from 2 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $119 → $130 | Strong Buy | Maintains | $119 → $130 | +37.48% | Dec 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $112 → $119 | Strong Buy | Maintains | $112 → $119 | +25.85% | Oct 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $100 → $112 | Strong Buy | Maintains | $100 → $112 | +18.44% | Aug 27, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $93 → $115 | Strong Buy | Maintains | $93 → $115 | +21.62% | Jul 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $95 → $100 | Strong Buy | Maintains | $95 → $100 | +5.75% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
1.01B
from 782.52M
Increased by 29.45%
Revenue Next Year
1.23B
from 1.01B
Increased by 21.03%
EPS This Year
1.27
from 1.74
Decreased by -27.13%
EPS Next Year
1.84
from 1.27
Increased by 44.90%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.1B | 1.3B | 1.6B |
| Avg | 1.0B | 1.2B | 1.5B |
| Low | 919.6M | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 35.1% | 28.8% | 29.7% |
| Avg | 29.5% | 21.0% | 20.5% |
| Low | 17.5% | 12.0% | 12.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.64 | 2.25 | 3.05 |
| Avg | 1.27 | 1.84 | 2.48 |
| Low | 0.85 | 1.26 | 1.89 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -6.0% | 77.0% | 65.6% |
| Avg | -27.1% | 44.9% | 34.8% |
| Low | -51.1% | -0.5% | 2.8% |
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.