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MMYT Stock Chart & Stats
$59.02
$0.04(0.08%)
At close: 4:00 PM EDT
$59.02
$0.04(0.08%)
Day’s Range― - ―
52-Week Range$32.67 - $92.09
Previous CloseN/A
Volume884.81K
Average Volume (3M)1.10M
Market Cap
$4.19B
Enterprise Value$6.18B
Total Cash (Recent Filing)$776.18M
Total Debt (Recent Filing)$1.71B
Price to Earnings (P/E)126.1
Beta1.73
Next Earnings
Oct 26, 2026EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.35
Shares Outstanding88,762,970
10 Day Avg. Volume1,418,841
30 Day Avg. Volume1,096,981
Financial Highlights & Ratios
PEG Ratio-1.86
Price to Book (P/B)-56.10
Price to Sales (P/S)3.64
P/FCF Ratio22.63
Enterprise Value/Market Cap1.47
Enterprise Value/Revenue5.82
Enterprise Value/Gross Profit8.41
Enterprise Value/Ebitda28.87
Forecast
1Y Price Target
$72.50Price Target Upside22.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.48
Revenue Forecast (FY)$1.19B
Bulls Say, Bears Say
Bulls Say
Diversified Travel GrowthBroad-based constant-currency growth across bookings and revenue indicates durable demand for MakeMyTrip’s platform. Expansion beyond air into hotels, ground transport and ancillaries reduces reliance on one category and supports sustained scaling over the next several quarters.
Hotels And Ground Transport MomentumStrong hotel and ground-transport momentum demonstrates that MakeMyTrip is capturing travel demand across multiple use cases, not merely benefiting from air-ticket activity. These categories can broaden monetization, improve business resilience and support continued platform engagement.
AI-enabled Operating EfficiencyDeep AI adoption can create a lasting efficiency advantage by lowering support and development intensity while improving customer responsiveness. Myra’s usage in smaller cities also supports broader market reach, potentially strengthening scale benefits as volumes grow.
Bears Say
Negative Equity And High DebtNegative equity combined with substantial debt materially reduces financial flexibility and increases sensitivity to earnings or cash-flow setbacks. This can constrain capital allocation, raise refinancing exposure and make it harder to fund strategic growth without relying on external actions.
Air Travel Exposure Remains PressuredAir remains an important platform category, so weaker international activity and flat domestic departures can limit overall transaction growth and supplier monetization. Higher fuel costs and fare inflation may also make price-sensitive customers less willing to travel in the near term.
Weak Cash Conversion And Reported ProfitPositive cash generation is offset by weaker conversion and a sharp free-cash-flow decline, indicating that growth requires meaningful working capital or investment. Lower reported earnings after financing and currency effects may also reduce internally generated funds and financial flexibility.
Makemytrip News
MMYT FAQ
What was Makemytrip Limited’s price range in the past 12 months?
Makemytrip Limited lowest stock price was $32.67 and its highest was $92.09 in the past 12 months.
What is Makemytrip Limited’s market cap?
Makemytrip Limited’s market cap is $4.19B.
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is Oct 26, 2026 which is in 5 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on Aug 03, 2026. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.151 by -$0.061.
Is Makemytrip Limited overvalued?
According to Wall Street analysts Makemytrip Limited’s price is currently Undervalued.
Does Makemytrip Limited pay dividends?
Makemytrip Limited does not currently pay dividends.
What is Makemytrip Limited’s EPS estimate?
Makemytrip Limited’s EPS estimate is 0.04.
How many shares outstanding does Makemytrip Limited have?
Makemytrip Limited has 88,762,970 shares outstanding.
What happened to Makemytrip Limited’s price movement after its last earnings report?
Makemytrip Limited reported an EPS of $0.09 in its last earnings report, missing expectations of $0.151. Following the earnings report the stock price went up 8.481%.
Which hedge fund is a major shareholder of Makemytrip Limited?
Currently, no hedge funds are holding shares in MMYT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Makemytrip Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$72.50 (22.84% Upside)
$72.50 (22.84% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 71%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 16.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.98%
12-Months-Change
Fundamentals
Return on Equity
-14.56%
Trailing 12-Months
Asset Growth
-63.45%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Makemytrip Limited
MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.
MMYT Company Deck
MMYT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational quarter driven by strong constant-currency growth across hotels, packages, ground transport and ancillaries, meaningful AI-led productivity gains, and maintained adjusted profitability and a healthy cash balance. These strengths offset material lowlights: air travel softness (especially international), translation-related reporting drag (~10%), one-time noncash interest and FX charges reducing reported PAT, working capital seasonality, and near-term uncertainty from higher ATF and airline capacity cuts. On balance the company demonstrated resilience and execution through diversification and technology investments, while highlighting cautious near-term variables.View all MMYT earnings summariesMMYT Stock 12 Month Forecast
Average Price Target
$72.50
▲(22.84% Upside)
Technical Analysis
Ownership Overview
― Insiders
18.75% Mutual Funds
3.28% Other Institutional Investors
76.92% Public Companies and
Individual Investors