MakeMyTrip (NASDAQ:MMYT - Get Free Report) is expected to issue its Q1 2026 quarterly earnings data before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $296.39 million for the quarter.
MakeMyTrip Price Performance
Shares of NASDAQ:MMYT traded up $2.05 during trading on Tuesday, hitting $93.01. 1,653,809 shares of the company were exchanged, compared to its average volume of 836,196. The business's 50 day moving average is $99.22 and its 200-day moving average is $101.61. The company has a market capitalization of $10.35 billion, a P/E ratio of 112.06 and a beta of 0.85. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.01. MakeMyTrip has a 1-year low of $76.95 and a 1-year high of $123.00.
Analysts Set New Price Targets
Several research analysts have recently issued reports on MMYT shares. Macquarie upgraded shares of MakeMyTrip from a "neutral" rating to an "outperform" rating and set a $110.00 price target for the company in a report on Tuesday, June 24th. Citigroup increased their price objective on MakeMyTrip from $120.00 to $125.00 and gave the company a "buy" rating in a report on Thursday, May 15th. Finally, Wall Street Zen upgraded MakeMyTrip from a "sell" rating to a "hold" rating in a report on Thursday, May 15th.
Read Our Latest Stock Report on MakeMyTrip
Institutional Trading of MakeMyTrip
A hedge fund recently raised its stake in MakeMyTrip stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of MakeMyTrip Limited (NASDAQ:MMYT - Free Report) by 11.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,755 shares of the technology company's stock after acquiring an additional 1,721 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in MakeMyTrip were worth $1,642,000 as of its most recent SEC filing. 51.89% of the stock is owned by hedge funds and other institutional investors.
About MakeMyTrip
(
Get Free Report)
MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.
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