MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
46.78
+3.14 (7.20%)
At close: Oct 15, 2026, 4:00 PM EDT
47.46
+0.68 (1.45%)
After-hours: Oct 15, 2026, 7:56 PM EDT

MakeMyTrip Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, MakeMyTrip stock has a consensus rating of "Strong Buy" and an average price target of $73.8. The average 1-year stock price forecast is 57.76% higher than the current stock price, while the lowest is $60 (+28.26%) and the highest is $85 (+81.70%).

Price Target: $73.8 (+57.76%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$60$73.8$75$85
Change+28.26%+57.76%+60.32%+81.70%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy8910101010
Buy220000
Hold000000
Sell000000
Strong Sell000000
Total101110101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$71 → $60
BuyReiterates$71 → $60+28.26%Sep 28, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$84 → $85
BuyMaintains$84 → $85+81.70%Aug 4, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$60 → $65
BuyMaintains$60 → $65+38.95%Jul 14, 2026
Unknown Analyst
UBS
No rating
UBS
Buy
Maintains
$85 → $80
BuyMaintains$85 → $80+71.01%Jul 9, 2026
HSBC
HSBC
Buy
Initiates
$70
BuyInitiates$70+49.64%Jul 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.20B
from 1.04B
Increased by 15.16%
Revenue Next Year
1.41B
from 1.20B
Increased by 17.22%
EPS This Year
2.08
from 1.56
Increased by 33.57%
EPS Next Year
2.49
from 2.08
Increased by 19.42%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
303.92M593.04M782.52M978.34M1.04B1.20B
Revenue Growth
85.95%95.13%31.95%25.02%6.71%15.16%
Operating Income
-28.19M21.46M76.12M121.29M156.17M187.06M
Net Income
-45.41M-11.32M216.80M95.10M51.80M48.68M
EPS
----1.562.08
EPS Growth
-----33.57%
Forward PE
125.6776.0968.0982.7374.5822.45
Free Cash Flow
----168.01M241.00M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High1.3B
Avg1.2B
Low1.1B

Revenue Growth

Revenue Growth202720282029
High
23.4%
Avg
15.2%
Low
8.4%

EPS Forecast

EPS202720282029
High2.30
Avg2.08
Low1.76

EPS Growth

EPS Growth202720282029
High
47.4%
Avg
33.6%
Low
12.9%