MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
105.44
+0.27 (0.26%)
At close: May 16, 2025, 4:00 PM
110.00
+4.56 (4.32%)
After-hours: May 16, 2025, 5:43 PM EDT
MakeMyTrip Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for MakeMyTrip stock ranges from a low of $125 to a high of $130. The average analyst price target of $127.5 forecasts a 20.92% increase in the stock price over the next year.
Price Target: $127.50 (+20.92%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '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 |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $120 → $125 | Strong Buy | Maintains | $120 → $125 | +18.55% | May 15, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $119 → $130 | Strong Buy | Maintains | $119 → $130 | +23.29% | Dec 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $112 → $119 | Strong Buy | Maintains | $112 → $119 | +12.86% | Oct 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $100 → $112 | Strong Buy | Maintains | $100 → $112 | +6.22% | Aug 27, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $93 → $115 | Strong Buy | Maintains | $93 → $115 | +9.07% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
1.22B
from 978.34M
Increased by 25.11%
Revenue Next Year
1.48B
from 1.22B
Increased by 20.92%
EPS This Year
1.79
from 0.83
Increased by 115.26%
EPS Next Year
2.44
from 1.79
Increased by 36.44%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 1.3B | 1.6B |
| Avg | 1.2B | 1.5B |
| Low | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 33.4% | 29.9% |
| Avg | 25.1% | 20.9% |
| Low | 13.6% | 12.9% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 2.25 | 3.05 |
| Avg | 1.79 | 2.44 |
| Low | 1.26 | 1.89 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 170.7% | 70.4% |
| Avg | 115.3% | 36.4% |
| Low | 52.2% | 5.8% |
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.