MakeMyTrip (MMYT) Stock Price, News & Analysis

Company Overview

MakeMyTrip Limited is an online travel company that operates consumer travel platforms in India and other markets. Founded in 2000 by Deep Kalra, the company provides digital tools for researching, planning and booking travel through its websites and mobile applications.

Its services include airline and rail ticketing, hotel and accommodation reservations, holiday packages, bus tickets, car rentals and airport transfers. MakeMyTrip also offers travel-related services such as activities, travel insurance and other ancillary products, depending on the market and booking channel.

The company operates the MakeMyTrip and Goibibo brands, as well as the redBus intercity bus-ticketing platform. Its business primarily serves travelers in India while also supporting international travel bookings and selected overseas markets. Rajesh Magow serves as co-founder and group chief executive officer, while Deep Kalra is the company’s group executive chairman.

Key Stats

• Today's Range: $43.53 to $44.76
• 50-Day Range: $43.37 to $63.22
• 52-Week Range: $32.67 to $96.60
• Volume: 1.01 million shs
• Average Volume: 1.16 million shs
• Market Capitalization: $4.21 billion
• P/E Ratio: 372.75
• Dividend Yield: N/A
• Price Target: $73.50
• Consensus Rating: Moderate Buy

MakeMyTrip Stock Analysis - MarketRank™

MakeMyTrip scored higher than 56% of companies evaluated by MarketBeat, and ranked 293rd out of 484 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MakeMyTrip has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on no strong buy ratings, 5 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

MakeMyTrip has a consensus price target of $73.50, representing about 64.3% upside from its current price of $44.73.

Amount of Analyst Coverage

MakeMyTrip has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 16.88%

Earnings Growth

Earnings for MakeMyTrip are expected to grow by 16.88% in the coming year, from $1.54 to $1.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MakeMyTrip is 372.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of MakeMyTrip is 372.75, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 45.03.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.76% of the float of MakeMyTrip has been sold short.

Short Interest Ratio / Days to Cover

MakeMyTrip has a short interest ratio ("days to cover") of 8.49.

Change versus previous month

Short interest in MakeMyTrip has recently increased by 3.47%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MakeMyTrip does not currently pay a dividend.

Dividend Growth

MakeMyTrip does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.54

News Sentiment

MakeMyTrip has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for MakeMyTrip this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MakeMyTrip insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.30% of the stock of MakeMyTrip is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

51.89% of the stock of MakeMyTrip is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 1/21/2026
• Today: 10/11/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Hotels, Restaurants & Leisure
• Sub-Industry: Hotels, Resorts & Cruise Lines
• Current Symbol: NASDAQ:MMYT
• CIK: 1495153
• Web: www.makemytrip.com
• Phone: 911244395000
• Fax: N/A
• Employees: 5,507
• Year Founded: 2000

Price Target and Rating

• Average Price Target for MakeMyTrip: $73.50
• High Price Target: $84.00
• Low Price Target: $60.00
• Potential Upside/Downside: +64.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.12
• Trailing P/E Ratio: 372.75
• Forward P/E Ratio: 29.05
• P/E Growth: N/A
• Net Income: $51.80 million
• Net Margins: 3.23%
• Pretax Margin: 5.41%
• Return on Equity: -632.52%
• Return on Assets: 8.31%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.13
• Quick Ratio: 3.13

Sales & Book Value

• Annual Sales: $1.04 billion
• Price / Sales: 4.03
• Cash Flow: $1.87 per share
• Price / Cash Flow: 23.93
• Book Value: ($0.62) per share
• Price / Book: -72.15

Miscellaneous

• Outstanding Shares: 94,060,000
• Free Float: 84,371,000
• Market Cap: $4.21 billion
• Optionable: Optionable
• Beta: 1.07