• Consensus Rating: Moderate Buy
  • Consensus Price Target: $52.50
  • Forecasted Upside: -34.82%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$80.55
▼ -1.63 (-1.98%)

This chart shows the closing price for MMYT by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New MakeMyTrip Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MMYT and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MMYT

Analyst Price Target is $52.50
▼ -34.82% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for MakeMyTrip in the last 3 months. The average price target is $52.50, with a high forecast of $60.00 and a low forecast of $45.00. The average price target represents a -34.82% upside from the last price of $80.55.

This chart shows the closing price for MMYT for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Moderate Buy

The current consensus among 2 investment analysts is to moderate buy stock in MakeMyTrip. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/31/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/21/2024MacquarieDowngradeOutperform ➝ Neutral$50.00 ➝ $60.00Low
8/2/2023CitigroupBoost TargetBuy ➝ Buy$43.00 ➝ $45.00Low
12/8/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$36.00Low
9/14/2022JPMorgan Chase & Co.Initiated CoverageOverweight$44.00Low
8/30/2022MacquarieInitiated CoverageOutperform$42.00Low
8/30/2022Bank of AmericaUpgradeNeutral ➝ Buy$33.00 ➝ $40.00Low
6/13/2022UBS GroupUpgradeSell ➝ BuyN/A
5/26/2022CitigroupBoost TargetBuy$42.00 ➝ $43.00High
2/24/2022Morgan StanleyInitiated CoverageEqual Weight$29.00Low
10/27/2021CitigroupBoost TargetBuy$38.00 ➝ $42.00High
7/28/2021CitigroupBoost TargetBuy$34.00 ➝ $38.00Low
2/16/2021Bank of AmericaUpgradeUnderperform ➝ Neutral$14.00 ➝ $32.00Low
1/12/2021UBS GroupBoost TargetBuy$23.00 ➝ $35.00High
5/11/2020Bank of AmericaDowngradeBuy ➝ UnderperformLow
11/4/2019Bank of AmericaUpgradeUnderperform ➝ Buy$22.50 ➝ $27.00High
9/23/2019The Goldman Sachs GroupSet TargetBuy$32.00Medium
(Data available from 6/23/2019 forward)

News Sentiment Rating

1.27 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
11/26/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/26/2023
  • 7 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
1/25/2024
  • 13 very positive mentions
  • 23 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
2/24/2024
  • 10 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
3/25/2024
  • 8 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/24/2024
  • 20 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/24/2024
  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2024

Current Sentiment

  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
MakeMyTrip logo
MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels and packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents network, as well as mobile service platform. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.
Read More

Today's Range

Now: $80.55
Low: $78.65
High: $81.82

50 Day Range

MA: $74.87
Low: $60.90
High: $89.71

52 Week Range

Now: $80.55
Low: $25.75
High: $89.83

Volume

645,603 shs

Average Volume

589,234 shs

Market Capitalization

$8.55 billion

P/E Ratio

48.23

Dividend Yield

N/A

Beta

1.28

Frequently Asked Questions

What sell-side analysts currently cover shares of MakeMyTrip?

The following equities research analysts have issued stock ratings on MakeMyTrip in the last year: Citigroup Inc., Macquarie, StockNews.com, and TheStreet.
View the latest analyst ratings for MMYT.

What is the current price target for MakeMyTrip?

2 Wall Street analysts have set twelve-month price targets for MakeMyTrip in the last year. Their average twelve-month price target is $52.50, suggesting a possible downside of 34.8%. Macquarie has the highest price target set, predicting MMYT will reach $60.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $45.00 for MakeMyTrip in the next year.
View the latest price targets for MMYT.

What is the current consensus analyst rating for MakeMyTrip?

MakeMyTrip currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MMYT.

What other companies compete with MakeMyTrip?

Other companies that are similar to MakeMyTrip include Expedia Group, XPO, GXO Logistics, GATX and Verra Mobility. Learn More about companies similar to MakeMyTrip.

How do I contact MakeMyTrip's investor relations team?

MakeMyTrip's physical mailing address is 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002. The technology company's listed phone number is 911244395000 and its investor relations email address is [email protected]. The official website for MakeMyTrip is www.makemytrip.com. Learn More about contacing MakeMyTrip investor relations.