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Ranked #1368 by analyst upside · 2026-09-28
MMYT
MakeMyTrip Limited
Consumer Cyclical · Market Cap $4B · P/E 203.3x
ANALYST PRICE TARGET
+61.3%
implied upside to consensus target
Current Price $46.75
Consensus Target $75.4
Bull Target $85.0
Bear Target $65.0
Analysts Covering 10
ANALYST CONSENSUS - BUY
Strong Buy
0
Buy
10
Hold
0
Sell
0
52-Week Low $32.67
52-Week High $96.79
YTD Return -42.9%
FUNDAMENTALS
Market Cap $4B
P/E Ratio (TTM) 203.3x
Forward P/E 18.8x
EPS (TTM) $0.23
PEG Ratio 5.39
Dividend Yield N/A
Revenue (TTM) $1.1B
Profit Margin 3.2%
52-WEEK RANGE
52-Week Low $32.67
52-Week High $96.79
Current Price $46.75
Bear Target $65.0
Bull Target $85.0
● Now $46.75 ● Target $75.4
TRADING DATA
Avg Volume 771K
YTD Return -42.9%
Analyst Count 10
Consensus Buy
Upside to Target +61.3%
Last Updated 2026-09-28

ANALYST SUMMARY

MakeMyTrip Limited (MMYT) is currently trading at $46.75 with a Wall Street consensus price target of $75.4, implying potential upside of 61.3% over the next 12 months. 10 analysts currently cover MMYT, with a consensus rating of Buy - 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $85.0, while the most cautious has a target of $65.0.

MMYT operates in the Consumer Cyclical sector with a market capitalisation of $4B. The stock is down 42.9% year-to-date and is currently trading near the lower end of its 52-week range of $32.67 – $96.79.

SIMILAR STOCKS

Other Consumer Cyclical stocks with comparable size and valuation.

RECENT ANALYST CALLS

Upgrade/downgrade history for MMYT, with each firm's 90-day track record across all stocks we track. See full firm rankings →

HSBC ● Initiated
Buy 2026-07-02 Building track record
Citigroup - Reiterated
Buy → Buy 2026-04-13 Building track record
Citigroup - Reiterated
Buy → Buy 2026-01-21 Building track record
B of A Securities - Reiterated
Buy → Buy 2025-12-24 Building track record
Citigroup - Reiterated
Buy → Buy 2025-07-23 Building track record
Macquarie ↑ Upgrade
Neutral → Outperform 2025-06-24 Building track record
Citigroup - Reiterated
Buy → Buy 2025-05-15 Building track record
B of A Securities - Reiterated
Buy → Buy 2024-12-27 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
66
out of 100
Coverage depth
18/30
Consensus clarity
21/30
Vote unanimity
25/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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