NASDAQ:MMYTMakeMyTrip Stock Price, Forecast & News

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. Since then, MMYT stock has decreased by 6.4% and is now trading at $16.07. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MakeMyTrip.

MakeMyTrip is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for MakeMyTrip.

MakeMyTrip Limited (NASDAQ:MMYT) issued its quarterly earnings results on Tuesday, February, 11th. The technology company reported ($0.29) earnings per share for the quarter, topping analysts' consensus estimates of ($0.30) by $0.01. The technology company had revenue of $206.70 million for the quarter, compared to analysts' expectations of $199.52 million. MakeMyTrip had a negative net margin of 87.55% and a negative return on equity of 35.16%. MakeMyTrip's quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.14) EPS. View MakeMyTrip's earnings history.

2 analysts have issued 1 year price targets for MakeMyTrip's shares. Their forecasts range from $27.00 to $32.00. On average, they expect MakeMyTrip's stock price to reach $29.50 in the next year. This suggests a possible upside of 83.6% from the stock's current price. View analysts' price targets for MakeMyTrip.

Headlines about MMYT stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MakeMyTrip earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View the latest news about MakeMyTrip.

MakeMyTrip saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,220,000 shares, a drop of 9.6% from the May 31st total of 3,560,000 shares. Based on an average trading volume of 565,000 shares, the short-interest ratio is presently 5.7 days. Currently, 5.6% of the company's stock are short sold. View MakeMyTrip's Current Options Chain.

Some companies that are related to MakeMyTrip include GATX (GATX), National Express Group (NXPGF), The Providence Service (PRSC), Despegar.com (DESP), Lindblad Expeditions (LIND), Diamond S Shipping (DSSI), Daseke (DSKE), Tuniu (TOUR), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MakeMyTrip investors own include Alibaba Group (BABA), Baozun (BZUN), NVIDIA (NVDA), Shopify (SHOP), Baidu (BIDU), JD.Com (JD), Okta (OKTA), Canopy Growth (CGC), Crispr Therapeutics (CRSP) and Trade Desk (TTD).

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

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

One share of MMYT stock can currently be purchased for approximately $16.07.

MakeMyTrip has a market capitalization of $1.65 billion and generates $511.53 million in revenue each year. The technology company earns $-167,760,000.00 in net income (profit) each year or ($4.26) on an earnings per share basis. MakeMyTrip employs 3,450 workers across the globe.

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

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]