MakeMyTrip Limited (MMYT)
NASDAQ: MMYT · Real-Time Price · USD
53.38
+1.25 (2.40%)
At close: Jun 26, 2026, 4:00 PM EDT
54.52
+1.14 (2.14%)
After-hours: Jun 26, 2026, 5:17 PM EDT
MakeMyTrip Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MakeMyTrip stock have an average target of 75.2, with a low estimate of 60 and a high estimate of 106. The average target predicts an increase of 40.88% from the current stock price of 53.38.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MakeMyTrip stock from 11 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 9 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Buy Maintains $60 | Buy | Maintains | $60 | +12.40% | Jun 1, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $60 | Buy | Maintains | $60 | +12.40% | May 23, 2026 |
| Citi | Citi | Buy Maintains $80 → $70 | Buy | Maintains | $80 → $70 | +31.14% | May 19, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $117 → $80 | Buy | Maintains | $117 → $80 | +49.87% | May 7, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $106 | Buy | Maintains | $106 | +98.58% | Mar 17, 2026 |
Financial Forecast
Revenue This Year
1.21B
from 1.04B
Increased by 15.84%
Revenue Next Year
1.41B
from 1.21B
Increased by 16.62%
EPS This Year
1.80
from 1.56
Increased by 15.33%
EPS Next Year
2.19
from 1.80
Increased by 21.74%
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.3B | 1.5B | |
| Avg | 1.2B | 1.4B | |
| Low | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 22.3% | 27.1% | |
| Avg | 15.8% | 16.6% | |
| Low | 10.3% | 9.5% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.08 | 2.50 | |
| Avg | 1.80 | 2.19 | |
| Low | 1.70 | 2.01 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 33.3% | 39.0% | |
| Avg | 15.3% | 21.7% | |
| Low | 8.9% | 11.7% |
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.