MakeMyTrip Limited (MMYT) Stock Forecast
Data as of May 9, 2026Consumer Cyclical · Current price $47.31 (-6.20%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Oct 24, 2024 | Sachin Salgaonkar | Bank of America Securities | $119.00 | +151.5% |
| Oct 23, 2024 | Manish Adukia | Goldman Sachs | $112.00 | +136.7% |
| Jul 24, 2024 | Sachin Salgaonkar | Bank of America Securities | $100.00 | +111.3% |
| May 15, 2024 | Manish Adukia | Goldman Sachs | $88.00 | +86.0% |
| Aug 30, 2022 | Aditya Suresh | Macquarie | $42.00 | -11.2% |
Top Analysts Covering MMYT
MMYT vs Sector & Market
| Metric | MMYT | Consumer Cyclical Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.00 | 2.53 | 2.41 |
| Analyst Count | 3 | 13 | 19 |
| Target Upside | +92.3% | +399.2% | +16.4% |
| P/E Ratio | 97.42 | 11.88 | 27.60 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $326M | $326M | $327M | 2 |
| 2026-09-30 | $295M | $295M | $295M | 1 |
| 2026-12-31 | $361M | $361M | $361M | 1 |
| 2027-03-31 | $331M | $331M | $331M | 1 |
| 2027-06-30 | $385M | $385M | $385M | 1 |
| 2027-09-30 | $331M | $331M | $331M | 1 |
| 2027-12-31 | $418M | $418M | $418M | 1 |
| 2028-03-31 | $392M | $392M | $392M | 1 |
| 2029-03-31 | $1.93B | $1.99B | $2.08B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $0.30 | $0.30 | $0.30 | 1 |
| 2026-09-30 | $0.26 | $0.26 | $0.26 | 1 |
| 2026-12-31 | $0.38 | $0.38 | $0.38 | 1 |
| 2027-03-31 | $0.53 | $0.53 | $0.53 | 1 |
| 2027-06-30 | $0.65 | $0.65 | $0.65 | 1 |
| 2027-09-30 | $0.55 | $0.55 | $0.55 | 1 |
| 2027-12-31 | $0.74 | $0.74 | $0.74 | 1 |
| 2028-03-31 | $0.71 | $0.71 | $0.71 | 1 |
| 2029-03-31 | $0.00 | $0.00 | $0.00 | 2 |
Frequently Asked Questions
What is the analyst consensus for MMYT?
The consensus among 3 analysts covering MakeMyTrip Limited (MMYT) is Buy with an average price target of $91.00.
What is the highest price target for MMYT?
The highest price target for MMYT is $119.00, set by Sachin Salgaonkar at Bank of America Securities on 2024-10-24.
What is the lowest price target for MMYT?
The lowest price target for MMYT is $42.00, set by Aditya Suresh at Macquarie on 2022-08-30.
How many analysts cover MMYT?
3 analysts have issued ratings for MakeMyTrip Limited in the past 12 months.
Is MMYT a buy or sell right now?
Based on 3 analyst ratings, MMYT has a consensus rating of Buy (2.00/5) with a +92.3% upside to the consensus target of $91.00.
What are the earnings estimates for MMYT?
Analysts estimate MMYT will report EPS of $0.30 for the period ending 2026-06-30, with revenue estimated at $326M.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.