NASDAQ:MMYT - MakeMyTrip Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $35.00
  • Forecasted Upside: 30.65 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$26.79
▼ -1.11 (-3.98%)

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

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Analyst Price Target for MMYT

Analyst Price Target is $35.00
▲ +30.65% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for MakeMyTrip in the last 3 months. The average price target is $35.00, with a high forecast of $38.00 and a low forecast of $32.00. The average price target represents a 30.65% upside from the last price of $26.79.

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

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Current Consensus is Buy

The current consensus among 3 investment analysts is to buy stock in MakeMyTrip. This rating has held steady since December 2020, when it changed from a Hold consensus rating.

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
5/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/28/2021CitigroupBoost Price TargetBuy$34.00 ➝ $38.00Low
2/16/2021Bank of AmericaUpgradeUnderperform ➝ Neutral$14.00 ➝ $32.00Low
1/12/2021UBS GroupBoost Price 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 Price TargetBuy$32.00Medium
5/20/2019Bank of AmericaSet Price TargetSell$24.00Medium
4/30/2019Bank of AmericaDowngradeBuy ➝ Underperform$32.00 ➝ $25.00High
11/27/2018Nomura SecuritiesUpgradeNeutral ➝ Buy$31.00Low
10/26/2018The Goldman Sachs GroupUpgradeNeutral ➝ Buy$40.00 ➝ $33.00Low
9/11/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$39.50 ➝ $40.00Low
8/15/2018Jefferies Financial GroupUpgradeHold ➝ Buy$19.80High
7/9/2018Bank of AmericaLower Price TargetBuy ➝ Buy$40.00 ➝ $39.50High
6/12/2018The Goldman Sachs GroupDowngradeBuy ➝ Neutral$41.00Low
5/14/2018Nomura SecuritiesUpgradeReduce ➝ NeutralLow
2/27/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$36.00High
2/9/2018Jefferies Financial GroupSet Price TargetHold$30.00Medium
11/30/2017The Goldman Sachs GroupInitiated CoverageBuy$36.00Medium
10/13/2017Jefferies Financial GroupReiterated RatingHold$31.50N/A
9/20/2017UBS GroupDowngradeBuy ➝ Sell$30.00Low
8/10/2017Jefferies Financial GroupDowngradeBuy ➝ Hold$19.80 ➝ $32.00High
2/21/2017Nomura SecuritiesReiterated RatingNeutral ➝ ReduceN/A
12/14/2016Morgan StanleyReiterated RatingOverweight$27.90N/A
11/28/2016Jefferies Financial GroupReiterated RatingBuyN/A
(Data available from 10/24/2016 forward)

News Sentiment Rating

0.28 (Hold)

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
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/28/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/27/2021
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/27/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 0 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
7/26/2021
  • 2 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
8/25/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/24/2021
  • 3 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/24/2021

Current Sentiment

  • 3 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
MakeMyTrip logo
MakeMyTrip Ltd. is an online travel company. Its services and products include air ticketing, hotels and packages, rail tickets, bus tickets, car hire, experiences and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing. The company's brands include MakeMyTrip, goibibo, and redbus. It operates through the following three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The Air Ticketing segment provides the facility to book domestic and international air tickets. The Hotels and Packages segment provides holiday packages and hotel reservations. The Bus Ticketing segment provides the facility to book domestic and international bus tickets. MakeMyTrip was founded by Deep Kalra and Rajesh Magow on April 28, 2000 and is headquartered in Gurgaon, India.
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Today's Range

Now: $26.79
Low: $26.57
High: $27.97

50 Day Range

MA: $26.77
Low: $23.73
High: $31.64

52 Week Range

Now: $26.79
Low: $17.80
High: $39.01

Volume

335,976 shs

Average Volume

479,430 shs

Market Capitalization

$2.81 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.17

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: Bank of America Co., Citigroup Inc., UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for MMYT.

What is the current price target for MakeMyTrip?

3 Wall Street analysts have set twelve-month price targets for MakeMyTrip in the last year. Their average twelve-month price target is $35.00, suggesting a possible upside of 30.6%. Citigroup Inc. has the highest price target set, predicting MMYT will reach $38.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $32.00 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 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MMYT will outperform the market and that investors should add to their positions of MakeMyTrip.
View the latest ratings for MMYT.

What other companies compete with 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.