MakeMyTrip Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MakeMyTrip stock.
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3 brokers have issued twelve-month price targets for MakeMyTrip's shares. Their MMYT stock forecasts range from $29.00 to $43.00. On average, they anticipate MakeMyTrip's stock price to reach $36.00 in the next year. This suggests a possible upside of 33.3% from the stock's current price.
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MakeMyTrip's stock was trading at $27.71 on January 1st, 2022. Since then, MMYT stock has decreased by 2.5% and is now trading at $27.01.
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MakeMyTrip is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for MakeMyTrip.

MakeMyTrip Limited (NASDAQ:MMYT) issued its earnings results on Tuesday, October, 26th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.07. The technology company had revenue of $67.48 million for the quarter. MakeMyTrip had a negative trailing twelve-month return on equity of 5.06% and a negative net margin of 14.93%. During the same quarter in the prior year, the company earned ($0.20) EPS.
View MakeMyTrip's earnings history.

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

Some companies that are related to MakeMyTrip include XPO Logistics (XPO), GXO Logistics (GXO), GATX (GATX), Verra Mobility (VRRM), Virgin Galactic (SPCE), ModivCare (MODV), Apollo Strategic Growth Capital (APSG), Global Business Travel Group (GBTG), Despegar.com (DESP), Lindblad Expeditions (LIND), Daseke (DSKE), Astra Space (ASTR), Astrea Acquisition (ASAX), Yatra Online (YTRA) and Tuniu (TOUR).
View all of MMYT's competitors.

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).

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

MakeMyTrip's stock is owned by a number of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (3.57%), Brown Advisory Inc. (3.25%), Capital International Investors (3.18%), Baillie Gifford & Co. (2.39%), Jennison Associates LLC (1.27%) and Aviva PLC (0.90%).

MMYT stock was sold by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Aviva PLC, Hsbc Holdings PLC, Brinker Capital Investments LLC, Penserra Capital Management LLC, River & Mercantile Asset Management LLP, Ninety One UK Ltd, and Lazard Asset Management LLC.

MMYT stock was bought by a variety of institutional investors in the last quarter, including Border to Coast Pensions Partnership Ltd, Brown Advisory Inc., Massachusetts Financial Services Co. MA, Capital Group International Inc. CA , Bank of America Corp DE, Baillie Gifford & Co., UBS Group AG, and Jennison Associates LLC.

Shares of MMYT 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.
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One share of MMYT stock can currently be purchased for approximately $27.01.

MakeMyTrip (NASDAQ:MMYT) has a market capitalization of $2.83 billion and generates $303.92 million in revenue each year. The technology company earns $-45.40 million in net income (profit) each year or ($0.41) on an earnings per share basis.

MakeMyTrip employs 3,256 workers across the globe.

MakeMyTrip was founded in 2000.

MakeMyTrip's mailing address is 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002. The official website for MakeMyTrip is www.makemytrip.com. The technology company can be reached via phone at 911244395000 or via email at [email protected].