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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:MMYT

MakeMyTrip (MMYT) Stock Price, News & Analysis

$71.05
+0.45 (+0.64%)
(As of 03/28/2024 ET)
Today's Range
$70.09
$71.20
50-Day Range
$47.89
$70.60
52-Week Range
$22.50
$71.41
Volume
680,300 shs
Average Volume
753,413 shs
Market Capitalization
$7.54 billion
P/E Ratio
154.46
Dividend Yield
N/A
Price Target
$52.50

MakeMyTrip MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.1% Downside
$52.50 Price Target
Short Interest
Bearish
3.61% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of MakeMyTrip in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
39.29%
From $0.84 to $1.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.20 out of 5 stars

Computer And Technology Sector

502nd out of 587 stocks

Transportation Services Industry

11th out of 15 stocks

MMYT stock logo

About MakeMyTrip Stock (NASDAQ:MMYT)

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels and packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents network, as well as mobile service platform. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

MMYT Stock Price History

MMYT Stock News Headlines

Altcoin FRENZY Alert…
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MMYT Apr 2024 50.000 call
Chart of the Day: MakeMyTrip To Asia
A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
MakeMyTrip Limited (MMYT)
Macquarie Downgrades MakeMyTrip (MMYT)
MakeMyTrip Ltd.
MMYT Nov 2024 85.000 call
MMYT Aug 2024 75.000 call
MMYT Mar 2024 60.000 put
MMYT Mar 2024 40.000 call
MakeMyTrip Ltd
Cream of the Crop: 3 Must-Buy Stocks From IBD's Top 50
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Today
3/28/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
5/21/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Current Symbol
NASDAQ:MMYT
Fax
N/A
Employees
4,090
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$52.50
High Stock Price Target
$60.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-25.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-11,320,000.00
Pretax Margin
6.91%

Debt

Sales & Book Value

Annual Sales
$593.04 million
Cash Flow
$0.43 per share
Book Value
$8.25 per share

Miscellaneous

Free Float
95,199,000
Market Cap
$7.49 billion
Optionable
Optionable
Beta
1.22

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Key Executives

  • Mr. Rajesh Magow (Age 55)
    Co-Founder, Group CEO & Director
  • Mr. Deep Kalra (Age 55)
    Founder, Group Chairman & Chief Mentor
  • Mr. Mohit Kabra (Age 53)
    Group Chief Financial Officer
  • Mr. Sanjay Mohan (Age 59)
    Group Chief Technology Officer
  • Mr. Ravi Prakash Tyagi
    Vice President of Administration
  • Mr. Vipul Garg
    Vice President of Investor Relations
  • Mr. Raj Rishi Singh
    Chief Marketing Officer & Chief Business Officer of Corporate
  • Mr. Yuvaraj Srivastava (Age 53)
    Group Chief Human Resource Officer
  • Mr. Saujanya Shrivastava (Age 50)
    Chief Business Officer and COO of Flights, Holidays & Gulf Cooperation Council (GCC)
  • Mr. Parikshit Choudhury
    Chief Business Officer of Alternate Accommodation & Customer Contact Group

MMYT Stock Analysis - Frequently Asked Questions

Should I buy or sell MakeMyTrip stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MMYT shares.
View MMYT analyst ratings
or view top-rated stocks.

What is MakeMyTrip's stock price target for 2024?

2 Wall Street research analysts have issued 1 year price objectives for MakeMyTrip's shares. Their MMYT share price targets range from $45.00 to $60.00. On average, they predict the company's stock price to reach $52.50 in the next twelve months. This suggests that the stock has a possible downside of 26.1%.
View analysts price targets for MMYT
or view top-rated stocks among Wall Street analysts.

How have MMYT shares performed in 2024?

MakeMyTrip's stock was trading at $46.98 at the beginning of 2024. Since then, MMYT shares have increased by 51.2% and is now trading at $71.05.
View the best growth stocks for 2024 here
.

When is MakeMyTrip's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our MMYT earnings forecast
.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) released its earnings results on Tuesday, January, 23rd. The technology company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.23 by $0.05. The technology company had revenue of $214.22 million for the quarter, compared to analysts' expectations of $210.01 million. MakeMyTrip had a trailing twelve-month return on equity of 10.13% and a net margin of 6.93%.

What is Deep Kalra and Rajesh Magow's approval rating as MakeMyTrip's CEO?

144 employees have rated MakeMyTrip Chief Executive Officer Deep Kalra and Rajesh Magow on Glassdoor.com. Deep Kalra and Rajesh Magow has an approval rating of 96% among the company's employees. This puts Deep Kalra and Rajesh Magow in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MakeMyTrip own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MakeMyTrip investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.com (JD), Shopify (SHOP), Trade Desk (TTD), MongoDB (MDB) and Netflix (NFLX).

Who are MakeMyTrip's major shareholders?

MakeMyTrip's stock is owned by many different institutional and retail investors. Top institutional investors include FIL Ltd (5.77%), Capital International Investors (3.76%), Artisan Partners Limited Partnership (3.26%), Schroder Investment Management Group (2.46%), Baillie Gifford & Co. (2.15%) and Wellington Management Group LLP (1.82%).

How do I buy shares of MakeMyTrip?

Shares of MMYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does MakeMyTrip have any subsidiaries?
The following companies are subsidiares of MakeMyTrip: Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited.
Read More
This page (NASDAQ:MMYT) was last updated on 3/28/2024 by MarketBeat.com Staff

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