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GOOGL   104.92 (+3.66%)
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MSFT   273.78 (+0.57%)
META   202.16 (+2.20%)
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NVDA   261.99 (+1.15%)
NIO   9.27 (+5.94%)
BABA   83.70 (+3.33%)
AMD   95.93 (-0.91%)
T   18.54 (+0.27%)
F   11.72 (+4.83%)
MU   58.63 (+1.72%)
CGC   1.97 (+5.91%)
GE   92.18 (+2.51%)
DIS   96.54 (+2.46%)
AMC   4.41 (+3.28%)
PFE   40.66 (-0.37%)
PYPL   76.72 (+4.79%)
NFLX   305.79 (+0.22%)
NASDAQ:MMYT

MakeMyTrip - MMYT Stock Forecast, Price & News

$25.07
+0.18 (+0.72%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
$24.87
$25.50
50-Day Range
$24.68
$30.82
52-Week Range
$21.36
$34.68
Volume
161,968 shs
Average Volume
356,129 shs
Market Capitalization
$2.64 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$41.00

MakeMyTrip MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
63.5% Upside
$41.00 Price Target
Short Interest
Healthy
3.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.08mentions of MakeMyTrip in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3,100.00%
From $0.01 to $0.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Computer And Technology Sector

267th out of 601 stocks

Transportation Services Industry

6th out of 17 stocks


MMYT stock logo

About MakeMyTrip (NASDAQ:MMYT) Stock

MakeMyTrip Ltd. is an online travel company. Its services and products include air ticketing, hotels and packages, rail tickets, bus tickets, car hire, experiences and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing. The company's brands include MakeMyTrip, goibibo, and redbus. It operates through the following three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The Air Ticketing segment provides the facility to book domestic and international air tickets. The Hotels and Packages segment provides holiday packages and hotel reservations. The Bus Ticketing segment provides the facility to book domestic and international bus tickets. MakeMyTrip was founded by Deep Kalra and Rajesh Magow on April 28, 2000 and is headquartered in Gurgaon, India.

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MMYT Stock News Headlines

RXO (NYSE:RXO) vs. MakeMyTrip (NASDAQ:MMYT) Financial Survey
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
MakeMyTrip (MMYT) Q3 Earnings and Revenues Beat Estimates
How This Trader Banked A 97% Win Rate
Despite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. pixel
MakeMyTrip (MMYT) Q2 Earnings Miss Estimates
10 Best Indian Stocks to Buy in USA - Yahoo Finance
See More Headlines
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MMYT Company Calendar

Last Earnings
10/26/2021
Today
3/21/2023
Fiscal Year End
3/31/2023
Next Earnings (Estimated)
5/24/2023

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Current Symbol
NASDAQ:MMYT
Fax
N/A
Employees
3,338
Year Founded
2000

Price Target and Rating

Average Stock Price Forecast
$41.00
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+62.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-45,400,000.00
Pretax Margin
-3.94%

Debt

Sales & Book Value

Annual Sales
$303.92 million
Book Value
$8.52 per share

Miscellaneous

Free Float
94,431,000
Market Cap
$2.66 billion
Optionable
Optionable
Beta
1.21

Social Links


Key Executives

  • Rajesh Magow
    Group Chief Executive Officer & Director
  • Mohit Kabra
    Group Chief Financial Officer
  • Sunil Suresh
    Chief Marketing Officer
  • Vipul Garg
    Vice President-Investor Relations













MMYT Stock - Frequently Asked Questions

Should I buy or sell MakeMyTrip stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MMYT shares.
View MMYT analyst ratings
or view top-rated stocks.

What is MakeMyTrip's stock price forecast for 2023?

6 brokerages have issued 1 year price targets for MakeMyTrip's shares. Their MMYT share price forecasts range from $36.00 to $44.00. On average, they expect the company's share price to reach $41.00 in the next twelve months. This suggests a possible upside of 62.7% from the stock's current price.
View analysts price targets for MMYT
or view top-rated stocks among Wall Street analysts.

How have MMYT shares performed in 2023?

MakeMyTrip's stock was trading at $27.57 on January 1st, 2023. Since then, MMYT shares have decreased by 8.6% and is now trading at $25.20.
View the best growth stocks for 2023 here
.

When is MakeMyTrip's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 24th 2023.
View our MMYT earnings forecast
.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) released its quarterly earnings results on Tuesday, October, 26th. The technology company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.07. The technology company earned $67.48 million during the quarter. MakeMyTrip had a negative trailing twelve-month return on equity of 2.41% and a negative net margin of 3.95%. During the same period in the prior year, the business earned ($0.20) earnings per share.

What is Deep Kalra and Rajesh Magow's approval rating as MakeMyTrip's CEO?

144 employees have rated MakeMyTrip Chief Executive Officer Deep Kalra and Rajesh Magow on Glassdoor.com. Deep Kalra and Rajesh Magow has an approval rating of 96% among the company's employees. This puts Deep Kalra and Rajesh Magow in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MakeMyTrip own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MakeMyTrip investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.com (JD), Shopify (SHOP), Trade Desk (TTD), MongoDB (MDB) and Netflix (NFLX).

What is MakeMyTrip's stock symbol?

MakeMyTrip trades on the NASDAQ under the ticker symbol "MMYT."

Who are MakeMyTrip's major shareholders?

MakeMyTrip's stock is owned by a number of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (2.91%), Amansa Capital PTE. LTD. (2.72%), Baillie Gifford & Co. (2.39%), Franklin Resources Inc. (2.14%), Marshall Wace LLP (1.29%) and Jennison Associates LLC (1.14%).

How do I buy shares of MakeMyTrip?

Shares of MMYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MakeMyTrip's stock price today?

One share of MMYT stock can currently be purchased for approximately $25.20.

How much money does MakeMyTrip make?

MakeMyTrip (NASDAQ:MMYT) has a market capitalization of $2.65 billion and generates $303.92 million in revenue each year. The technology company earns $-45,400,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.

How many employees does MakeMyTrip have?

The company employs 3,338 workers across the globe.

Does MakeMyTrip have any subsidiaries?
The following companies are subsidiares of MakeMyTrip: Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited.
Read More
How can I contact MakeMyTrip?

MakeMyTrip's mailing address is 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002. The official website for the company is www.makemytrip.com. The technology company can be reached via phone at 911244395000 or via email at jonathan.huang@go-mmt.com.

This page (NASDAQ:MMYT) was last updated on 3/21/2023 by MarketBeat.com Staff