MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
56.12
-2.58 (-4.40%)
At close: Jul 8, 2026, 4:00 PM EDT
56.50
+0.38 (0.68%)
After-hours: Jul 8, 2026, 4:18 PM EDT
MakeMyTrip Stock Forecast
Stock Price Forecast
According to 12 analysts polled by S&P Global, MakeMyTrip stock has a consensus rating of "Strong Buy" and an average price target of $71. The average 1-year stock price forecast is 26.51% higher than the current stock price, while the lowest is $58 (+3.35%) and the highest is $85 (+51.46%).
Price Target: $71 (+26.51%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 9 | 10 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Buy Initiates $70 | Buy | Initiates | $70 | +24.73% | Jul 2, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains $60 | Buy | Maintains | $60 | +6.91% | Jun 1, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $60 | Buy | Maintains | $60 | +6.91% | May 23, 2026 |
| Citi | Citi | Buy Maintains $80 → $70 | Buy | Maintains | $80 → $70 | +24.73% | May 19, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $117 → $80 | Buy | Maintains | $117 → $80 | +42.55% | May 7, 2026 |
Financial Forecast
Revenue This Year
1.21B
from 1.04B
Increased by 15.67%
Revenue Next Year
1.41B
from 1.21B
Increased by 17.01%
EPS This Year
1.83
from 1.56
Increased by 17.18%
EPS Next Year
2.24
from 1.83
Increased by 22.66%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.3B | ||
| Avg | 1.2B | ||
| Low | 1.2B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 23.2% | ||
| Avg | 15.7% | ||
| Low | 10.3% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.08 | ||
| Avg | 1.83 | ||
| Low | 1.70 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 33.3% | ||
| Avg | 17.2% | ||
| Low | 8.9% |