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MMYT logo

MakeMyTrip Limited Stock Price

NasdaqGS:MMYT Community·US$5.5b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 16 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

MMYT Share Price Performance

US$56.13
-39.51 (-41.31%)
​
US$75.40
Fair Value
US$56.13
-39.51 (-41.31%)
25.6% undervalued intrinsic discount
US$75.40
Fair Value
Price US$56.13
AnalystConsensusTarget US$75.40
AnalystLowTarget US$65.00
AnalystHighTarget US$84.00
Fri, 21 Aug 26
Fair ValueUS$75.40
Share Pricen/a

MMYT Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$75.4 25.6% undervalued intrinsic discount

Addition To Conviction List Will Drive Renewed Confidence In Travel Recovery

1users have liked this narrative
0users have commented on this narrative
9users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$65 13.6% undervalued intrinsic discount

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

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$84 33.2% undervalued intrinsic discount

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

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
MMYT logo
MakeMyTrip
25.6% undervalued intrinsic discount

Addition To Conviction List Will Drive Renewed Confidence In Travel Recovery

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 21 Aug
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MMYT logo
MakeMyTrip
13.6% undervalued intrinsic discount

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

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 7 Aug
Read Narrative
MMYT logo
MakeMyTrip
33.2% undervalued intrinsic discount

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

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AN
AnalystHighTarget
AnalystHighTarget
Updated 10 Jul
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Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystConsensusTarget
MMYT logo

MMYT: India Listing Plan And AI Shift Will Drive Future Repricing

Fair Value: US$75.4 25.6% undervalued intrinsic discount
9 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
MMYT logo

MMYT: Travel Momentum And Q1 Beat Will Offset Geopolitical Uncertainty

Fair Value: US$65 13.6% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
MMYT logo

MMYT: Recent Capital Raises Will Support Future Expansion Plans

Fair Value: US$84 33.2% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

High growth potential with low risk.

3 Risks
2 Rewards
View Full Analysis

MakeMyTrip Limited Key Details

US$1.1b

Revenue

US$439.1m

Cost of Revenue

US$621.6m

Gross Profit

US$587.4m

Other Expenses

US$34.2m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
0.36
58.60%
3.23%
-2,400.7%
View Full Analysis

About MMYT

Founded
2000
Employees
5507
CEO
Rajesh Magow
WebsiteView website
www.makemytrip.com

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air tickets, hotels and alternative accommodations, holiday packages, bus tickets, rail tickets, car hire, tours and attractions, travel assurance products and add-on products for bookings; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products; and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands, as well as foreign exchange, prepaid forex cards, cross-border remittances and related financial services. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents’ network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Recent MMYT News & Updates

User avatar
Narrative Update • Aug 21

MMYT: India Listing Plan And AI Shift Will Drive Future Repricing

Analysts have raised the MakeMyTrip fair value estimate to $75.40 from $70.73, citing recent Street research that points to higher price targets around $70 to $71, supported by what they describe as resilient revenue performance and ongoing benefits from travel demand and market leadership. Analyst Commentary Recent Street research on MakeMyTrip highlights a mix of optimism on execution and growth, along with some areas where investors may want to stay alert.

Recent updates

No updates

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