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NASDAQ: MMYT
Makemytrip Ltd Stock Forecast, Predictions & Price Target

Analyst price target for MMYT

Based on 1 analyst offering 12 month price targets for Makemytrip Ltd.
Min Forecast
$95.00+10.43%
Avg Forecast
$95.00+10.43%
Max Forecast
$95.00+10.43%

Should I buy or sell MMYT stock?

Based on 1 analyst offering ratings for Makemytrip Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MMYT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-08
lockedlocked$00.00+00.00%2024-02-21

1 of 1

Forecast return on equity

Is MMYT forecast to generate an efficient return?
Company
21.94%
Industry
-91.08%
Market
80.78%
MMYT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MMYT forecast to generate an efficient return on assets?
Company
14.68%
Industry
29.05%
MMYT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MMYT earnings per share forecast

What is MMYT's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.31-32.82%
Avg 2 year Forecast
$1.76-10%
Avg 3 year Forecast
$2.22+13.85%
MMYT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MMYT revenue forecast

What is MMYT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$946.6M+20.97%
Avg 2 year Forecast
$1.1B+38.66%
MMYT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MMYT earnings growth forecast

How is MMYT forecast to perform vs Travel Services companies and vs the US market?
Company
4.33%
Industry
12.36%
Market
18.86%
MMYT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MMYT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MMYT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MMYT revenue growth forecast

How is MMYT forecast to perform vs Travel Services companies and vs the US market?
Company
16.07%
Industry
8.88%
Market
11.49%
MMYT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MMYT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MMYT vs Travel Stocks

TickerPricePrice TargetUp/downsideConsensus
MMYT$86.03$95.00+10.43%Strong Buy
NCLH$20.37$20.27-0.48%Hold
TNL$49.87$54.50+9.28%Buy
VIK$36.65$35.20-3.96%Strong Buy
TRIP$18.04$22.18+22.96%Hold

Makemytrip Stock Forecast FAQ

Is Makemytrip Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MMYT) stock is to Strong Buy MMYT stock.

Out of 1 analyst, 1 (100%) are recommending MMYT as a Strong Buy, 0 (0%) are recommending MMYT as a Buy, 0 (0%) are recommending MMYT as a Hold, 0 (0%) are recommending MMYT as a Sell, and 0 (0%) are recommending MMYT as a Strong Sell.

If you're new to stock investing, here's how to buy Makemytrip stock.

What is MMYT's earnings growth forecast for 2025-2027?

(NASDAQ: MMYT) Makemytrip's forecast annual earnings growth rate of 4.33% is not forecast to beat the US Travel Services industry's average forecast earnings growth rate of 12.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.86%.

Makemytrip's earnings in 2024 is $216,801,000.On average, 2 Wall Street analysts forecast MMYT's earnings for 2025 to be $143,815,057, with the lowest MMYT earnings forecast at $139,423,757, and the highest MMYT earnings forecast at $148,206,356. On average, 2 Wall Street analysts forecast MMYT's earnings for 2026 to be $192,668,263, with the lowest MMYT earnings forecast at $184,434,576, and the highest MMYT earnings forecast at $200,901,949.

In 2027, MMYT is forecast to generate $243,717,119 in earnings, with the lowest earnings forecast at $243,717,119 and the highest earnings forecast at $243,717,119.

What is MMYT's revenue growth forecast for 2025-2026?

(NASDAQ: MMYT) Makemytrip's forecast annual revenue growth rate of 16.07% is forecast to beat the US Travel Services industry's average forecast revenue growth rate of 8.88%, and it is also forecast to beat the US market's average forecast revenue growth rate of 11.49%.

Makemytrip's revenue in 2024 is $782,524,000.On average, 1 Wall Street analysts forecast MMYT's revenue for 2025 to be $103,919,003,423, with the lowest MMYT revenue forecast at $103,919,003,423, and the highest MMYT revenue forecast at $103,919,003,423.

In 2026, MMYT is forecast to generate $119,122,779,909 in revenue, with the lowest revenue forecast at $119,122,779,909 and the highest revenue forecast at $119,122,779,909.

What is MMYT's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: MMYT) forecast ROA is 14.68%, which is lower than the forecast US Travel Services industry average of 29.05%.

What is MMYT's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MMYT price target, the average MMYT price target is $95.00, with the highest MMYT stock price forecast at $95.00 and the lowest MMYT stock price forecast at $95.00.

The Wall Street analyst predicted that Makemytrip's share price could reach $95.00 by Jul 8, 2025. The average Makemytrip stock price prediction forecasts a potential upside of 10.43% from the current MMYT share price of $86.03.

What is MMYT's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: MMYT) Makemytrip's current Earnings Per Share (EPS) is $1.95. On average, analysts forecast that MMYT's EPS will be $1.31 for 2025, with the lowest EPS forecast at $1.27, and the highest EPS forecast at $1.35. On average, analysts forecast that MMYT's EPS will be $1.76 for 2026, with the lowest EPS forecast at $1.68, and the highest EPS forecast at $1.83. In 2027, MMYT's EPS is forecast to hit $2.22 (min: $2.22, max: $2.22).

What is MMYT's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: MMYT) forecast ROE is 21.94%, which is considered strong.
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