MMYT icon

MakeMyTrip

89.66 USD
+4.71
5.54%
At close Mar 11, 4:00 PM EDT
1 day
5.54%
5 days
-3.20%
1 month
-14.89%
3 months
-25.24%
6 months
-10.21%
Year to date
-22.86%
1 year
44.52%
5 years
422.49%
10 years
318.39%
 

About: MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.

Employees: 4,576

0
Funds holding %
of 7,363 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

455% more call options, than puts

Call options by funds: $43.6M | Put options by funds: $7.87M

195% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 21

44% more funds holding in top 10

Funds holding in top 10: 9 [Q3] → 13 (+4) [Q4]

18% more capital invested

Capital invested by funds: $5.17B [Q3] → $6.09B (+$921M) [Q4]

15% more funds holding

Funds holding: 237 [Q3] → 273 (+36) [Q4]

1.62% less ownership

Funds ownership: 78.99% [Q3] → 77.37% (-1.62%) [Q4]

24% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 105

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$130
45%
upside
Avg. target
$130
45%
upside
High target
$130
45%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
B of A Securities
Sachin Salgaonkar
64% 1-year accuracy
7 / 11 met price target
45%upside
$130
Buy
Maintained
27 Dec 2024

Financial journalist opinion

Neutral
Zacks Investment Research
1 week ago
Is the Options Market Predicting a Spike in MakeMyTrip (MMYT) Stock?
Investors need to pay close attention to MakeMyTrip (MMYT) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in MakeMyTrip (MMYT) Stock?
Neutral
Zacks Investment Research
1 month ago
Is MakeMyTrip (MMYT) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Is MakeMyTrip (MMYT) a Buy as Wall Street Analysts Look Optimistic?
Positive
Seeking Alpha
1 month ago
MakeMyTrip: Long-Term Double-Digit Growth Is Worth The Premium Price
MakeMyTrip stock has surged 127.23% in a year, driven by record-breaking growth and favorable macro trends, with FY 2025 showing promising results. Despite a premium valuation, a TTM PEG of 0.18 suggests MMYT may be undervalued, with significant growth prospects in India's booming travel industry. The company has delivered positive earnings for nine consecutive quarters, with major revenue from its hotels and packaging segment, and international expansion opportunities.
MakeMyTrip: Long-Term Double-Digit Growth Is Worth The Premium Price
Positive
Seeking Alpha
1 month ago
MakeMyTrip Ltd: Still Well Positioned To Grow
I reiterate my buy rating for MakeMyTrip Ltd. due to its strong market leadership, scale, and product innovation driving growth and profitability. MMYT's 3Q25 results showed a 25% y/y revenue increase and a 38% y/y rise in adj EBIT, reinforcing its favorable growth outlook. MMYT's strategic investments in tier 2 and 3 cities and product innovations like GenAI and part-payment options enhance its competitive position and customer retention.
MakeMyTrip Ltd: Still Well Positioned To Grow
Neutral
Seeking Alpha
1 month ago
MakeMyTrip Limited (MMYT) Q3 2025 Earnings Call Transcript
MakeMyTrip Limited (NASDAQ:MMYT ) Q3 2025 Earnings Call January 23, 2024 7:30 AM ET Company Participants Vipul Garg - VP, IR Rajesh Magow - Co-Founder & Group CEO Mohit Kabra - Group CFO Conference Call Participants Sachin Salgaonkar - Bank of America Manish Adukia - Goldman Sachs Vijit Jain - Citigroup Ankur Rudra - J.P. Morgan Gaurav Rateria - Morgan Stanley Vipul Garg Good evening everyone.
MakeMyTrip Limited (MMYT) Q3 2025 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
MakeMyTrip (MMYT) Q3 Earnings Miss Estimates
MakeMyTrip (MMYT) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.35 per share a year ago.
MakeMyTrip (MMYT) Q3 Earnings Miss Estimates
Negative
Zacks Investment Research
1 month ago
MakeMyTrip (MMYT) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, MakeMyTrip (MMYT) closed at $105.29, marking a +0.18% move from the previous day.
MakeMyTrip (MMYT) Increases Despite Market Slip: Here's What You Need to Know
Positive
Zacks Investment Research
1 month ago
MakeMyTrip (MMYT) Reports Next Week: Wall Street Expects Earnings Growth
MakeMyTrip (MMYT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MakeMyTrip (MMYT) Reports Next Week: Wall Street Expects Earnings Growth
Positive
Zacks Investment Research
1 month ago
4 Stocks to Watch From a Thriving Internet Delivery Services Industry
The Zacks Internet - Delivery Services industry participants like GDDY, MMYT, QNST and ASUR are poised to benefit from increasing smartphone and internet penetration.
4 Stocks to Watch From a Thriving Internet Delivery Services Industry
Neutral
Business Wire
1 month ago
MakeMyTrip Limited to report Fiscal 2025 Third Quarter Financial & Operating Results on January 23, 2025
GURUGRAM, India & NEW YORK,--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2025 third quarter financial and operating results before markets open on Thursday, January 23, 2025.
MakeMyTrip Limited to report Fiscal 2025 Third Quarter Financial & Operating Results on January 23, 2025
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