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S&P 500   4,026.12
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MarketBeat: Week in Review 11/21 - 11/25
THE BEST BLACK FRIDAY DEAL YET (Ad)
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US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
THE BEST BLACK FRIDAY DEAL YET (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
THE BEST BLACK FRIDAY DEAL YET (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Biden eases Venezuela sanctions as opposition talks resume
NASDAQ:MMYT

MakeMyTrip - MMYT Stock Forecast, Price & News

$28.50
-0.43 (-1.49%)
(As of 11/25/2022 04:00 PM ET)
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Compare
Today's Range
$28.50
$28.98
50-Day Range
$27.23
$32.77
52-Week Range
$20.06
$34.68
Volume
77,003 shs
Average Volume
263,454 shs
Market Capitalization
$3.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.60

MakeMyTrip MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
38.9% Upside
$39.60 Price Target
Short Interest
Healthy
3.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.76mentions of MakeMyTrip in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.08) to $0.33 Per Share

Overall MarketRank

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

2.05 out of 5 stars

Computer And Technology Sector

431st out of 632 stocks

Transportation Services Industry

9th out of 16 stocks

MMYT stock logo

About MakeMyTrip (NASDAQ:MMYT) Stock

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. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2022, it had approximately 125 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

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MMYT Stock News Headlines

MakeMyTrip (MMYT) Q2 Earnings Miss Estimates
10 Best Indian Stocks to Buy in USA - Yahoo Finance
MakeMyTrip Limited (NASDAQ:MMYT): When Will It Breakeven?
MakeMyTrip Limited Risk-Reward Favorable - BofA
See More Headlines
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MMYT Company Calendar

Last Earnings
10/26/2021
Today
11/26/2022
Next Earnings (Estimated)
1/24/2023
Fiscal Year End
3/31/2023

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
$39.60
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+38.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-45,400,000.00
Pretax Margin
-6.36%

Debt

Sales & Book Value

Annual Sales
$303.92 million
Book Value
$8.16 per share

Miscellaneous

Free Float
94,431,000
Market Cap
$3.00 billion
Optionable
Optionable
Beta
1.18

Social Links


Key Executives

  • Mr. Rajesh Magow (Age 53)
    Co-Founder, Group CEO & Director
  • Mr. Deep Kalra (Age 53)
    Founder & Chairman
  • Mr. Mohit Kabra (Age 51)
    Group Chief Financial Officer
  • Mr. Vipul Prakash (Age 54)
    Chief Operating Officer
  • Mr. Ravi Prakash Tyagi
    VP of Admin.
  • Mr. Vipul Garg
    VP of Investor Relations
  • Mr. Sunil Suresh
    Chief Marketing Officer
  • Mr. Saujanya Shrivastava (Age 48)
    Chief Bus. Officer













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 1 hold rating and 5 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 Wall Street analysts have issued 12-month price objectives for MakeMyTrip's shares. Their MMYT share price forecasts range from $29.00 to $44.00. On average, they predict the company's stock price to reach $39.60 in the next twelve months. This suggests a possible upside of 38.9% 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 2022?

MakeMyTrip's stock was trading at $27.71 at the beginning of the year. Since then, MMYT stock has increased by 2.9% and is now trading at $28.50.
View the best growth stocks for 2022 here
.

When is MakeMyTrip's next earnings date?

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

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) announced its earnings results on Tuesday, October, 26th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate 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 3.42% and a negative net margin of 6.32%. During the same quarter in the prior year, the business earned ($0.20) EPS.

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 many different institutional and retail investors. Top institutional shareholders include Brown Advisory Inc. (3.13%), Massachusetts Financial Services Co. MA (2.62%), Baillie Gifford & Co. (2.48%), Marshall Wace LLP (1.34%), Jennison Associates LLC (1.22%) and Alliancebernstein L.P. (0.97%).

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 $28.50.

How much money does MakeMyTrip make?

MakeMyTrip (NASDAQ:MMYT) has a market capitalization of $3.00 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 ($0.27) 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 11/26/2022 by MarketBeat.com Staff