MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
51.47
-1.47 (-2.78%)
Mar 6, 2026, 10:24 AM EST - Market open

MakeMyTrip Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for MakeMyTrip stock have an average target of 106.33, with a low estimate of 96 and a high estimate of 113. The average target predicts an increase of 106.59% from the current stock price of 51.47.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $96 $106.33 $110 $113
Change +86.52% +106.59% +113.72% +119.55%
* Price targets were last updated on Jan 21, 2026.

Analyst Ratings

The average analyst rating for MakeMyTrip stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 222222
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$108$96
Strong Buy Maintains $108$96 +86.52% Jan 21, 2026
B of A Securities
B of A Securities
Strong Buy
Maintains
$115$113
Strong Buy Maintains $115$113 +119.55% Dec 24, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$125$120
Strong Buy Maintains $125$120 +133.15% Jul 23, 2025
Macquarie
Macquarie
Buy
Upgrades
$110
Buy Upgrades $110 +113.72% Jun 24, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$120$125
Strong Buy Maintains $120$125 +142.86% May 15, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.15B
from 978.34M
Increased by 17.65%
Revenue Next Year
1.36B
from 1.15B
Increased by 17.72%
EPS This Year
1.63
from 0.83
Increased by 96.80%
EPS Next Year
2.18
from 1.63
Increased by 33.61%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Mar 31, 2027
Revenue
163.44M303.92M593.04M782.52M978.34M1.15B1.36B
Revenue Growth
-68.05%85.95%95.13%31.95%25.02%17.65%17.72%
EPS
-0.52-0.42-0.101.740.831.632.18
EPS Growth
-----52.35%96.80%33.61%
Forward PE
-----31.5123.58
No. Analysts -----1313
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 1.3B 1.5B
Avg 1.2B 1.4B
Low 1.0B 1.2B

Revenue Growth

Revenue Growth 202620272028
High
27.8%
29.1%
Avg
17.6%
17.7%
Low
6.4%
5.2%

EPS Forecast

EPS 202620272028
High 1.89 2.56
Avg 1.63 2.18
Low 1.33 1.80

EPS Growth

EPS Growth 202620272028
High
127.7%
56.8%
Avg
96.8%
33.6%
Low
60.2%
10.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.