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MakeMyTrip (MMYT) Stock Forecast, Price Target & Predictions

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MMYT Stock Forecast

MakeMyTrip (MMYT) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $77.00, with a high of $84.00 and a low of $70.00. This represents a 56.41% increase from the last price of $49.23.

$45 $59 $73 $87 $101 $115 High: $84 Avg: $77 Low: $70 Last Closed Price: $49.23

MMYT Stock Rating

MakeMyTrip stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (72.73%), 3 Hold (27.27%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 11 0 3 8 Strong Sell Sell Hold Buy Strong Buy

MMYT Price Target Upside V Benchmarks

TypeNameUpside
StockMakeMyTrip56.41%
SectorConsumer Cyclical Stocks 12.30%
IndustryTravel Services Stocks 21.66%
IdeaTravel Stocks List11.55%
IdeaOnline Travel Agency Stocks 16.59%

Price Target Trends

1M3M12M
# Anlaysts222
Avg Price Target$77.00$77.00$77.00
Last Closing Price$49.23$49.23$49.23
Upside/Downside56.41%56.41%56.41%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 2629---11
Jun, 2628---10
May, 2628---10
Apr, 2628---10
Mar, 2628---10
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 02, 2026HSBC$70.00$57.5921.55%42.19%
Jun 27, 2026Goldman Sachs$84.00$53.3857.36%70.63%
Oct 24, 2024Sachin SalgaonkarBank of America Securities$119.00$101.3117.46%141.72%
Oct 23, 2024Manish AdukiaGoldman Sachs$112.00$99.1512.96%127.50%
Jul 24, 2024Sachin SalgaonkarBank of America Securities$100.00$96.913.19%103.13%
May 15, 2024Manish AdukiaGoldman Sachs$88.00$85.373.08%78.75%
Aug 30, 2022Aditya SureshMacquarie$42.00$33.0327.16%-14.69%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jul 02, 2026HSBCBuyinitialise
May 19, 2026CitigroupBuyBuyhold
May 07, 2026Goldman SachsBuyBuyhold
Dec 31, 2025Morgan StanleyOverweightOverweighthold
Dec 08, 2025Bank of America SecuritiesBuyBuyhold
Jul 23, 2025Bank of America SecuritiesBuyBuyhold
May 15, 2025CitigroupBuyBuyhold
Oct 24, 2024Morgan StanleyOverweightOverweighthold
Oct 23, 2024Goldman SachsBuyBuyhold
Jul 24, 2024CitigroupBuyBuyhold

Financial Forecast

EPS Forecast

Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$-0.42$-0.10$1.95-----
Avg Forecast$-0.51$-0.17$0.56$0.86$1.47$2.13--
High Forecast$-0.49$-0.16$0.57$0.87$1.59$2.16--
Low Forecast$-0.52$-0.17$0.54$0.85$1.35$2.06--
Surprise %-17.65%-41.18%248.21%-----

Revenue Forecast

$0 $400M $800M $1B $2B $2B Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$303.92M$593.04M$782.52M-----
Avg Forecast$347.99M$660.37M$797.88M$991.40M$1.20B$1.45B$1.68B$1.95B
High Forecast$353.53M$669.19M$821.46M$1.00B$1.22B$1.47B$1.70B$1.98B
Low Forecast$340.01M$645.65M$774.29M$969.30M$1.17B$1.42B$1.64B$1.91B
Surprise %-12.66%-10.20%-1.92%-----

Net Income Forecast

$-150M $-60M $30M $120M $210M $300M Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$-45.57M$-11.17M$216.80M-----
Avg Forecast$-60.20M$-19.62M$-84.71M$101.82M$174.00M$251.34M--
High Forecast$-58.40M$-19.06M$-67.77M$102.45M$188.18M$255.70M--
Low Forecast$-61.44M$-19.97M$-101.65M$100.55M$159.04M$244.05M--
Surprise %-24.30%-43.09%-355.94%-----

MMYT Forecast FAQ

Is MakeMyTrip stock a buy?

MakeMyTrip stock has a consensus rating of Buy, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MakeMyTrip is a favorable investment for most analysts.

What is MakeMyTrip's price target?

MakeMyTrip's price target, set by 11 Wall Street analysts, averages $77 over the next 12 months. The price target range spans from $70 at the low end to $84 at the high end, suggesting a potential 56.41% change from the previous closing price of $49.23.

How does MakeMyTrip stock forecast compare to its benchmarks?

MakeMyTrip's stock forecast shows a 56.41% upside, outperforming the average forecast for the consumer cyclical stocks sector (12.30%) and outperforming the travel services stocks industry (21.66%), leading the travel stocks list (11.55%) and online travel agency stocks (16.59%) investment ideas.

What is the breakdown of analyst ratings for MakeMyTrip over the past three months?

  • July 2026: 18.18% Strong Buy, 81.82% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • June 2026: 20.00% Strong Buy, 80.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • May 2026: 20.00% Strong Buy, 80.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is MakeMyTrip’s EPS forecast?

MakeMyTrip's average annual EPS forecast for its fiscal year ending in March 2025 is $0.86, marking a -55.90% decrease from the reported $1.95 in 2024. Estimates for the following years are $1.47 in 2026, $2.13 in 2027, $0 in 2028, and $0 in 2029.

What is MakeMyTrip’s revenue forecast?

MakeMyTrip's average annual revenue forecast for its fiscal year ending in March 2025 is $991.4M, reflecting a 26.69% increase from the reported $782.52M in 2024. The forecast for 2026 is $1.2B, followed by $1.45B for 2027, $1.68B for 2028, and $1.95B for 2029.

What is MakeMyTrip’s net income forecast?

MakeMyTrip's net income forecast for the fiscal year ending in March 2025 stands at $101.82M, representing a -53.04% decrease from the reported $216.8M in 2024. Projections indicate $174M in 2026, $251.34M in 2027, $0 in 2028, and $0 in 2029.