MakeMyTrip Stock Forecast, Price & News

2 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MakeMyTrip stock.
View analyst ratings for MakeMyTrip or view top-rated stocks.

Wall Street analysts have given MakeMyTrip a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MakeMyTrip wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

MakeMyTrip is scheduled to release its next quarterly earnings announcement on Friday, June 25th 2021.
View our earnings forecast for MakeMyTrip.

MakeMyTrip Limited (NASDAQ:MMYT) issued its quarterly earnings data on Thursday, January, 28th. The technology company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.24. The technology company had revenue of $56.80 million for the quarter, compared to the consensus estimate of $60.71 million. MakeMyTrip had a negative net margin of 151.72% and a negative trailing twelve-month return on equity of 44.88%. The company's revenue was down 61.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.15) earnings per share.
View MakeMyTrip's earnings history.

MakeMyTrip's stock was trading at $17.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MMYT stock has increased by 64.6% and is now trading at $28.25.
View which stocks have been most impacted by COVID-19.

2 Wall Street analysts have issued 12 month price targets for MakeMyTrip's shares. Their forecasts range from $32.00 to $35.00. On average, they anticipate MakeMyTrip's share price to reach $33.50 in the next year. This suggests a possible upside of 18.6% from the stock's current price.
View analysts' price targets for MakeMyTrip or view top-rated stocks among Wall Street analysts.

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 Virgin Galactic (SPCE), GATX (GATX), National Express Group (NXPGF), Verra Mobility (VRRM), ModivCare (MODV), The Providence Service (PRSC), Despegar.com (DESP), Lindblad Expeditions (LIND), Daseke (DSKE), Diamond S Shipping (DSSI), Tuniu (TOUR), Yatra Online (YTRA), Monaker Group (MKGI), MVP (MVPT) and Online Vacation Center (ONVC).
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), The Trade Desk (TTD), MongoDB (MDB) and Netflix (NFLX).

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

MakeMyTrip's stock is owned by many different institutional and retail investors. Top institutional shareholders include Calamos Advisors LLC (0.03%), Harbour Capital Advisors LLC (0.02%) and Confluence Investment Management LLC (0.01%).

MMYT stock was bought by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Confluence Investment Management LLC, and Harbour Capital Advisors 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.
Compare Top Brokerages Here.

One share of MMYT stock can currently be purchased for approximately $28.25.

MakeMyTrip has a market capitalization of $2.92 billion and generates $511.53 million in revenue each year. The technology company earns $-447,780,000.00 in net income (profit) each year or ($4.26) on an earnings per share basis.

MakeMyTrip employs 3,960 workers across the globe.

The official website for MakeMyTrip is www.makemytrip.com.

MakeMyTrip is headquartered at 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002.

MakeMyTrip's mailing address is 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002. The technology company can be reached via phone at 91-12-4439-5000 or via email at [email protected]