MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
62.60
-3.75 (-5.65%)
At close: Jan 23, 2026, 4:00 PM EST
63.87
+1.27 (2.03%)
After-hours: Jan 23, 2026, 7:37 PM EST
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 $106.33, which forecasts a 69.86% increase in the stock price over the next year. The lowest target is $96 and the highest is $113.
Price Target: $106.33 (+69.86%)
Analyst Consensus: Strong Buy
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 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $108 → $96 | Strong Buy | Maintains | $108 → $96 | +53.35% | Jan 21, 2026 |
| B of A Securities | B of A Securities | Strong Buy Maintains $115 → $113 | Strong Buy | Maintains | $115 → $113 | +80.51% | Dec 24, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $125 → $120 | Strong Buy | Maintains | $125 → $120 | +91.69% | Jul 23, 2025 |
| Macquarie | Macquarie | Hold → Buy Upgrades $110 | Hold → Buy | Upgrades | $110 | +75.72% | Jun 24, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $120 → $125 | Strong Buy | Maintains | $120 → $125 | +99.68% | May 15, 2025 |
Financial Forecast
Revenue This Year
1.16B
from 978.34M
Increased by 18.88%
Revenue Next Year
1.38B
from 1.16B
Increased by 19.00%
EPS This Year
1.69
from 0.83
Increased by 104.00%
EPS Next Year
1.99
from 1.69
Increased by 17.82%
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 | 1.4B | |
| Low | 1.0B | 1.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 28.2% | 34.1% | |
| Avg | 18.9% | 19.0% | |
| Low | 6.9% | 7.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.11 | 2.87 | |
| Avg | 1.69 | 1.99 | |
| Low | 1.38 | 0.87 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 154.3% | 69.3% | |
| Avg | 104.0% | 17.8% | |
| Low | 66.5% | -48.5% |
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.