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MakeMyTrip Limited (MMYT) Stock Forecast

Data as of Sep 20, 2026

Consumer Cyclical · Current price $47.42 (-0.93%)

Consensus Target
$77.00
Upside
+62.4%
Analysts
1
Rating
Buy(2.00)

Price Target Range

Low $70.00Consensus $77.00High $84.00
▲ Current $47.42

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

No ratings in the last 3 months.
Strong Buy0
Buy0
Hold0
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Oct 24, 2024Sachin SalgaonkarBank of America Securities$119.00+150.9%
Oct 23, 2024Manish AdukiaGoldman Sachs$112.00+136.2%
Jul 24, 2024Sachin SalgaonkarBank of America Securities$100.00+110.9%
May 15, 2024Manish AdukiaGoldman Sachs$88.00+85.6%
Aug 30, 2022Aditya SureshMacquarie$42.00-11.4%

MMYT vs Sector & Market

MetricMMYTConsumer Cyclical AvgLarge Cap Avg
Analyst Rating2.002.492.42
Analyst Count11218
Target Upside+62.4%+211.6%+21.5%
P/E Ratio101.8415.1538.34

Revenue Estimates

PeriodLowAvgHigh#
2026-09-30$295M$295M$295M1
2026-12-31$361M$361M$361M1
2027-03-31$331M$331M$331M1
2027-06-30$385M$385M$385M1
2027-09-30$331M$331M$331M1
2027-12-31$418M$418M$418M1
2028-03-31$392M$392M$392M1
2029-03-31$1.93B$1.99B$2.08B2

EPS Estimates

PeriodLowAvgHigh#
2026-09-30$0.26$0.26$0.261
2026-12-31$0.38$0.38$0.381
2027-03-31$0.53$0.53$0.531
2027-06-30$0.65$0.65$0.651
2027-09-30$0.55$0.55$0.551
2027-12-31$0.74$0.74$0.741
2028-03-31$0.71$0.71$0.711
2029-03-31$0.00$0.00$0.002

Frequently Asked Questions

What is the analyst consensus for MMYT?

The consensus among 1 analysts covering MakeMyTrip Limited (MMYT) is Buy with an average price target of $77.00.

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?

1 analysts have issued ratings for MakeMyTrip Limited in the past 12 months.

Is MMYT a buy or sell right now?

Based on 1 analyst ratings, MMYT has a consensus rating of Buy (2.00/5) with a +62.4% upside to the consensus target of $77.00.

What are the earnings estimates for MMYT?

Analysts estimate MMYT will report EPS of $0.26 for the period ending 2026-09-30, with revenue estimated at $295M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.