MakeMyTrip Limited

Report azionario NasdaqGS:MMYT

Capitalizzazione di mercato: US$4.9b

MakeMyTrip Crescita futura

Criteri Future verificati 5/6

MakeMyTrip prevede che gli utili e i ricavi cresceranno rispettivamente di 48.9% e 15.6% all'anno. Si prevede che l'EPS crescerà di 46.2% all'anno. Si prevede che il ritorno sul capitale proprio sarà di 104.6% in 3 anni.

Informazioni chiave

48.9%

Tasso di crescita degli utili

46.19%

Tasso di crescita dell'EPS

Hospitality crescita degli utili18.5%
Tasso di crescita dei ricavi15.6%
Rendimento futuro del capitale proprio104.59%
Copertura analitica

Good

Ultimo aggiornamento12 Jun 2026

Aggiornamenti recenti sulla crescita futura

Recent updates

Seeking Alpha Jun 23

MakeMyTrip: Temporary Travel Pressure Does Not Break The Buy Case

Summary MakeMyTrip remains a buy as recent growth slowdown is attributed to temporary travel disruptions, not structural demand issues. MMYT's platform resilience is evident, with strong growth in hotels, packages, and bus segments offsetting air travel weakness. Valuation has become more attractive at 27x NTM PE, reflecting conflict-driven de-rating rather than fundamental deterioration. As conflict headwinds ease and non-air segments remain robust, MMYT is well-positioned for profit and booking growth recovery. Read the full article on Seeking Alpha
Articolo di analisi Jun 20

MakeMyTrip (MMYT) Stock Could Be 33.6% Undervalued As AI Growth Narrative Builds

MakeMyTrip (MMYT) has drawn fresh attention after recent share price moves, with the stock up around 8% over the past week and roughly 17% in the past 3 months. See our latest analysis for MakeMyTrip. At a share price of US$46.72, MakeMyTrip’s recent momentum, including a 2.79% 1 day share price return and 8.65% 30 day share price return, contrasts with a year to date share price decline of 42.95% and a 1 year total shareholder return decline of 49.02%. However, the 3 year and 5 year total...
Aggiornamento della narrazione Jun 09

MMYT: India Listing Path And Cost Discipline Will Support Future Repricing

Analysts have adjusted MakeMyTrip's implied fair value from $71.90 to $70.40, reflecting lower price targets that consider slightly softer growth assumptions and potential ongoing impacts from geopolitical conditions, even though recent results were modestly ahead of some estimates. Analyst Commentary Bullish Takeaways Bullish analysts point to adjusted EBIT of $46M coming in 2% ahead of their estimates as evidence of tighter cost control and operational execution supporting current valuations.
Aggiornamento della narrazione May 26

MMYT: India Listing Plans And Margin Focus Will Support Future Repricing

Analysts have trimmed their fair value estimate for MakeMyTrip to $71.90 from $88.10, reflecting lower price targets across the Street as they factor in slightly softer revenue growth assumptions, a higher profit margin outlook, and the impact of ongoing geopolitical risks on future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts point to adjusted EBIT of US$46 million, which they highlight as modestly ahead of their internal forecasts, as a sign of disciplined execution on profitability.
Aggiornamento della narrazione Apr 27

MMYT: AI Trip Planning And India Listing Plans Will Support Future Repricing Potential

Analysts have trimmed their MakeMyTrip price target by $5.70 to $88.10, citing updated assumptions on revenue growth, profit margins and future P/E multiples following recent Street research that included target cuts at Citi and BofA as well as the stock’s removal from Goldman Sachs’ APAC Conviction List. Analyst Commentary Bullish Takeaways Bullish analysts still see room for execution upside if MakeMyTrip converts existing traffic and user engagement into higher quality revenue, which could support the revised P/E assumptions over time.
Nuova narrazione Apr 16

Long Term Leisure Travel And AI Adoption Will Transform This Online Travel Platform

Catalysts About MakeMyTrip MakeMyTrip operates a leading online travel platform offering air tickets, hotels, holiday packages, bus and rail tickets, and other travel services. What are the underlying business or industry changes driving this perspective?
Aggiornamento della narrazione Apr 12

MMYT: AI Trip Planning And Buybacks Will Support Future Repricing Potential

Analysts have trimmed their average price target on MakeMyTrip by about $8, reflecting slightly more cautious assumptions on fair value and profitability after recent target cuts and list removals across several research houses. Analyst Commentary Bullish Takeaways Bullish analysts keep MakeMyTrip in their coverage even after target cuts, which suggests they still see a case for long term execution on its core travel platform.
Nuova narrazione Apr 02

AI Spending And Budget Hotel Mix Will Pressure Margins Yet Support Resilient Travel Demand

Catalysts About MakeMyTrip MakeMyTrip operates an online travel platform that offers flights, hotels, buses and related travel services for consumers and corporates. What are the underlying business or industry changes driving this perspective?
Aggiornamento della narrazione Mar 26

MMYT: AI Trip Planning And Buybacks Will Support Future Upside Potential

Analysts have trimmed their price targets on MakeMyTrip, with reductions such as $7 and $12 in recent research, reflecting updated views on risk, growth assumptions, and valuation multiples. Analyst Commentary Recent research points to a more cautious tone around MakeMyTrip, even as analysts highlight factors that could still support the long term story.
Aggiornamento della narrazione Mar 11

MMYT: AI Trip Planning Will Anchor Future Upside Potential

Analysts have trimmed their price targets on MakeMyTrip by $12 and $7 respectively and cite updated assumptions for discount rates and forward P/E multiples as key drivers of the change. Analyst Commentary Recent research points to updated discount rates and revised forward P/E assumptions as the main reasons behind the new price targets, rather than a single company specific event.
Aggiornamento della narrazione Feb 25

MMYT: AI Trip Planning And Buybacks Will Support Future Upside Potential

Analysts have trimmed their MakeMyTrip fair value estimate by about $1 per share to roughly $102, reflecting slightly updated assumptions on discount rate, revenue growth, profit margins, and future P/E after recent price target reductions from the Street. Analyst Commentary Street research has recently focused on recalibrating price targets for MakeMyTrip, which feeds directly into how analysts think about upside, execution risk, and the right P/E to apply.
Aggiornamento della narrazione Feb 09

MMYT: Share Repurchases And Outperform Initiation Will Support Future Upside Potential

Narrative update: MakeMyTrip analyst price target shift The updated analyst price target for MakeMyTrip now aligns at about US$103, reflecting minor tweaks to discount rate and P/E assumptions, as analysts incorporate recent target cuts from Morgan Stanley and Citi, along with new coverage from CICC. Analyst Commentary Recent research on MakeMyTrip has focused on recalibrating price targets and ratings rather than changing the core thesis.
Aggiornamento della narrazione Jan 25

MMYT: Recent Buybacks And Outperform Initiation Will Support Long Term Upside

Analysts have trimmed their fair value estimate for MakeMyTrip from $110.70 to $102.90. This reflects slightly adjusted expectations around growth, margins and future P/E multiples based on recent research updates.
Articolo di analisi Jan 24

MakeMyTrip Limited's (NASDAQ:MMYT) 26% Cheaper Price Remains In Tune With Revenues

MakeMyTrip Limited ( NASDAQ:MMYT ) shareholders that were waiting for something to happen have been dealt a blow with a...
Aggiornamento della narrazione Jan 09

MMYT: New Outperform Rating Will Support Long Term Upside Potential

Analysts have trimmed their fair value estimate for MakeMyTrip from US$111.40 to US$110.70, reflecting slightly updated assumptions on discount rate, revenue growth and profit margins, as well as fresh Street research such as CICC's new Outperform rating with a US$95 price target. Analyst Commentary Bullish Takeaways Bullish analysts see the updated fair value estimate of US$110.70 as broadly consistent with the new US$95 price target.
Aggiornamento della narrazione Dec 14

MMYT: Conviction List Inclusion Will Drive Long-Term Upside Despite Air Travel Weakness

Analysts have trimmed their fair value estimate for MakeMyTrip by about $0.50 to roughly $111.40 per share, citing slightly higher discount rates, modestly softer growth and margin assumptions, yet maintaining a constructive view supported by recent positive coverage and conviction-list inclusion. Analyst Commentary Recent Street research reflects a broadly constructive stance on MakeMyTrip, with valuation frameworks balancing strong growth optionality against execution and macro risks in the travel cycle.
Aggiornamento della narrazione Nov 28

MMYT: Addition To APAC Conviction List Will Drive Long-Term Upside

Analysts have modestly lowered their price target for MakeMyTrip from $113.78 to $111.90. They cite temporary softness in domestic air travel but maintain a positive longer-term outlook, supported by recent research coverage and favorable profit margin trends.
Aggiornamento della narrazione Nov 13

MMYT: Addition To APAC Conviction List Will Drive Long-Term Upside

Analysts have slightly lowered their price target for MakeMyTrip from $118.44 to $113.78, citing temporary headwinds in the domestic air travel segment. However, they maintain a positive long-term outlook due to expected recovery.
Aggiornamento della narrazione Oct 29

Addition To Conviction List Will Drive Renewed Confidence In Travel Recovery

Analysts have reduced their fair value estimate for MakeMyTrip from $121 to $118.44 per share, citing slightly lower expectations for revenue growth and profit margins. This comes despite continued optimism about the company's long-term positioning.
Articolo di analisi Sep 21

Is MakeMyTrip (NASDAQ:MMYT) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Articolo di analisi Jul 25

MakeMyTrip Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

It's been a good week for MakeMyTrip Limited ( NASDAQ:MMYT ) shareholders, because the company has just released its...
Seeking Alpha Mar 12

MakeMyTrip: Stretched Valuations Point To Further Correction

Summary MakeMyTrip has shown significant growth but currently faces stretched valuations and macroeconomic headwinds, suggesting a bearish short-term outlook. Despite India's promising long-term travel market, near-term economic challenges and high valuations make MMYT stock unattractive at current levels. Valuations are significantly higher than sector medians, indicating potential further downside despite robust revenue growth and strong financial performance. Future expansionary policies and GST rate cuts could positively impact MMYT, but the immediate outlook remains cautious due to economic deceleration and high valuations. Read the full article on Seeking Alpha
Seeking Alpha Jan 25

MakeMyTrip Ltd: Still Well Positioned To Grow

Summary 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. Read the full article on Seeking Alpha
Seeking Alpha Oct 25

MakeMyTrip: Overvalued With High Customer Acquisition Costs And Intense Competition

Summary MakeMyTrip has shown strong financial performance, with a 46.3% increase in operating profit and a 24.3% rise in gross bookings year-on-year. The company benefits from macroeconomic tailwinds in India, including a growing middle class, increased travel spending, and government investments in travel infrastructure. Despite its strong market position, MMYT faces intense competition and high customer acquisition costs, which could limit its ability to achieve super normal profits. Valuation concerns are significant; the stock trades at a high EV/Sales multiple, suggesting limited future growth potential and a 50% downside risk. Read the full article on Seeking Alpha
Seeking Alpha Oct 17

MakeMyTrip: Lofty Valuation Leaves Little Room For Errors

Summary MakeMyTrip shows strong growth with significant revenue increases. However, expect volatility in margins to persist as the company is still in its growth phase. MMYT is well-positioned to enjoy enduring macroeconomic and fiscal-related tailwinds. In addition, the company has multiple growth drivers to leverage on to maintain its lead in the industry. Despite outperforming peers in profitability and liquidity, MMYT's valuation metrics suggest that the current share price is overvalued. Valuation analysis suggests that markets are pricing in generous and overly optimistic assumptions, leaving little room for errors. Any slight deterioration in growth is likely to cause a huge sell-off. Read the full article on Seeking Alpha
User avatar
Nuova narrazione Aug 23

Expanding Into High-Cost Ventures And Market Fluctuations Threaten Profit Margins And Growth

Reliance on high-margin international bookings may face challenges from geopolitical tensions and economic downturns, affecting revenue growth.
Seeking Alpha Jul 30

MakeMyTrip: Dominant OTA Player In India

Summary Buy rating for MakeMyTrip due to its robust long-term growth runway supported by a strong domestic and international travel industry. MMYT is the largest player in India's online travel agency market, with strong revenue growth and margin expansion potential. The expected target price for MMYT is $111 based on a 9.2x forward revenue multiple. Read the full article on Seeking Alpha

Previsioni di crescita degli utili e dei ricavi

NasdaqGS:MMYT - Stime future degli analisti e dati finanziari passati (USD Millions )
DataRicaviUtiliFlusso di cassa liberoLiquidità dell'operazioneAvg. Numero di analisti
3/31/20291,6882782282456
3/31/20281,4109629427310
3/31/20271,2095025623310
3/31/20261,04452183183N/A
12/31/20251,03957212224N/A
9/30/20251,01177156168N/A
6/30/2025993100143155N/A
3/31/202597895174185N/A
12/31/20249362388396N/A
9/30/2024883235166179N/A
6/30/2024840219148161N/A
3/31/2024783217113126N/A
12/31/202372850154171N/A
9/30/2023684267390N/A
6/30/2023647176077N/A
3/31/2023593-111532N/A
12/31/2022533-21-27-14N/A
9/30/2022478-30-130N/A
6/30/2022414-311730N/A
3/31/2022304-45-76N/A
12/31/2021295-3809N/A
9/30/2021236-322634N/A
6/30/2021190-461625N/A
3/31/2021163-565665N/A
12/31/2020189-398-111N/A
9/30/2020279-424-56-43N/A
6/30/2020376-440-94-81N/A
3/31/2020512-448-125-113N/A
12/31/2019527-149N/A-47N/A
9/30/2019505-149N/A-52N/A
6/30/2019490-159N/A-69N/A
3/31/2019486-168N/A-79N/A
12/31/2018524-170N/A-116N/A
9/30/2018571-186N/A-111N/A
6/30/2018621-201N/A-134N/A
3/31/2018675-218N/A-125N/A
12/31/2017637-248N/A-164N/A
9/30/2017588-187N/A-150N/A
6/30/2017518-164N/A-120N/A
3/31/2017448-110N/A-108N/A
12/31/2016416-87N/A-92N/A
9/30/2016381-123N/A-101N/A
6/30/2016364-96N/A-80N/A
3/31/2016336-89N/A-66N/A
12/31/2015307-45N/A-14N/A
9/30/2015300-29N/A8N/A
6/30/2015298-21N/A6N/A

Previsioni di crescita futura degli analisti

Guadagni vs tasso di risparmio: La crescita prevista degli utili di MMYT ( 48.9% all'anno) è superiore al tasso di risparmio ( 3.5% ).

Guadagni vs Mercato: Si prevede che gli utili di MMYT ( 48.9% all'anno) cresceranno più rapidamente del mercato US ( 18.5% all'anno).

Guadagni ad alta crescita: Si prevede che gli utili di MMYT cresceranno in modo significativo nei prossimi 3 anni.

Ricavi vs Mercato: Si prevede che il fatturato di MMYT ( 15.6% all'anno) crescerà più rapidamente del mercato US ( 12.7% all'anno).

Ricavi ad alta crescita: Si prevede che il fatturato di MMYT ( 15.6% all'anno) crescerà più lentamente di 20% all'anno.


Previsioni di crescita dell'utile per azione


Rendimento futuro del capitale proprio

ROE futuro: Si prevede che il Return on Equity di MMYT sarà molto alto tra 3 anni ( 104.6 %).


Scoprire le aziende in crescita

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/06/25 00:32
Prezzo dell'azione a fine giornata2026/06/25 00:00
Utili2026/03/31
Utili annuali2026/03/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

MakeMyTrip Limited è coperta da 23 analisti. 10 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Ashwin MehtaAmbit Capital
null nullAntique Stockbroking Ltd.
Manik TanejaAxis Capital Limited