MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
107.27
+4.27 (4.15%)
Nov 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 -8.64% from the current stock price of 107.27.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 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 | 2 | 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 | +10.94% | Oct 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $100 → $112 | Strong Buy | Maintains | $100 → $112 | +4.41% | Aug 27, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $93 → $115 | Strong Buy | Maintains | $93 → $115 | +7.21% | Jul 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $95 → $100 | Strong Buy | Maintains | $95 → $100 | -6.78% | Jul 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $88 → $95 | Strong Buy | Maintains | $88 → $95 | -11.44% | Jul 8, 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 21.13%
EPS This Year
1.37
from 1.74
Decreased by -21.22%
EPS Next Year
1.99
from 1.37
Increased by 45.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.3B | 1.6B |
| Avg | 1.0B | 1.2B | 1.5B |
| Low | 933.6M | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.3% | 27.8% | 28.4% |
| Avg | 29.5% | 21.1% | 20.1% |
| Low | 19.3% | 14.6% | 10.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.71 | 2.28 | 2.97 |
| Avg | 1.37 | 1.99 | 2.57 |
| Low | 1.01 | 1.59 | 2.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.7% | 66.0% | 49.0% |
| Avg | -21.2% | 45.3% | 29.1% |
| Low | -42.0% | 15.7% | 8.1% |
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.