MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
46.72
+1.27 (2.79%)
At close: Jun 18, 2026, 4:00 PM EDT
45.18
-1.54 (-3.30%)
After-hours: Jun 18, 2026, 5:40 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 $70.4. The average 1-year stock price forecast is 50.68% higher than the current stock price, while the lowest is $58 (+24.14%) and the highest is $85 (+81.93%).
Price Target: $70.4 (+50.68%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 9 |
| 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 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Buy Maintains $60 | Buy | Maintains | $60 | +28.42% | Jun 1, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $60 | Buy | Maintains | $60 | +28.42% | May 23, 2026 |
| Citi | Citi | Buy Maintains $80 → $70 | Buy | Maintains | $80 → $70 | +49.83% | May 19, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $117 → $80 | Buy | Maintains | $117 → $80 | +71.23% | May 7, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $106 | Buy | Maintains | $106 | +126.88% | Mar 17, 2026 |
Financial Forecast
Revenue This Year
1.21B
from 1.04B
Increased by 15.84%
Revenue Next Year
1.41B
from 1.21B
Increased by 16.62%
EPS This Year
1.80
from 1.56
Increased by 15.33%
EPS Next Year
2.19
from 1.80
Increased by 21.74%
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 | 22.3% | ||
| Avg | 15.8% | ||
| Low | 10.3% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.08 | ||
| Avg | 1.80 | ||
| Low | 1.70 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 33.3% | ||
| Avg | 15.3% | ||
| Low | 8.9% |