$44.62
6.56%
Nasdaq, Oct 02, 04:01 pm EDT. Closed.
Why the stock moved Why the stock moved Beta
ISIN
MU0295S00016
Symbol
MMYT

MakeMyTrip Target price 2026 - Analyst rating & recommendation

MakeMyTrip Classifications & Recommendation

Buy
94%
Hold
6%

MakeMyTrip Price Target

Target Price $76.50
Price $44.62
Potential
Number of Estimates 13
13 Analysts have issued a price target MakeMyTrip 2027 . The average MakeMyTrip target price is $76.50. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 16 Analysts recommend MakeMyTrip to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the MakeMyTrip stock has an average upside potential 2027 of . Most analysts recommend the MakeMyTrip stock at Purchase.

Sales and Margin forecast 2027, 2028 & 2029

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Select at least one metric to display the chart.


Quarter Annually
Mar '26 2027
Estimates
Revenue Billion $ 1.04 1.23
6.71% 17.43%
EBITDA Margin 17.61% 17.55%
16.07% 0.33%

14 Analysts have issued a sales forecast MakeMyTrip 2027 . The average MakeMyTrip sales estimate is

$1.2b
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. This is
15.58% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.4b 27.55%
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, the lowest is
$1.1b 4.55%
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.

This results in the following potential growth metrics:

Revenue Estimates

2026 $1.0b 6.71%
2027
$1.2b 17.43%
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2028
$1.4b 17.29%
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2029
$1.8b 21.70%
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14 Analysts have issued an MakeMyTrip EBITDA forecast 2027. The average MakeMyTrip EBITDA estimate is

$215m
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. This is
15.33% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$243m 30.08%
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, the lowest is
$192m 2.98%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2026 $184m 23.86%
2027
$215m 17.02%
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2028
$277m 28.73%
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2029
$357m 28.79%
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EBITDA Margin

2026 17.61% 16.07%
2027
17.55% 0.33%
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2028
19.26% 9.74%
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2029
20.38% 5.82%
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Earnings per share, P/E ratio and EV/sales Estimates 2027, 2028 & 2029

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Select at least one metric to display the chart.


Quarter Annually
Mar '26 2027
Estimates
Earnings Per Share $ 0.47 2.11
43.37% 348.94%
P/E 21.16
EV/Sales 3.95

14 Analysts have issued a MakeMyTrip forecast for earnings per share. The average MakeMyTrip EPS is

$2.11
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. This is
520.59% higher
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than earnings per share in the financial year 2026. The highest EPS forecast is
$2.42 611.76%
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, the lowest is
$1.65 385.29%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2026 $0.47 43.37%
2027
$2.11 348.94%
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2028
$2.19 3.79%
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2029
$3.15 43.84%
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P/E ratio

Current 131.24 20.60%
2027
21.16 83.88%
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2028
20.34 3.88%
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2029
14.15 30.43%
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Based on analysts' sales estimates for 2027, the MakeMyTrip stock is valued at an EV/Sales of

and an P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.56
2027
3.95 13.46%
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2028
3.36 14.74%
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2029
2.76 17.83%
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P/S ratio

Current 3.96 56.40%
2027
3.42 13.48%
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2028
2.92 14.74%
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2029
2.40 17.83%
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Current MakeMyTrip Upgrades & Downgrades

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Analyst Rating Action Date
B of A Securities
Locked
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Locked
Locked Sep 28 2026
HSBC
Locked
➜
Locked
Locked Jul 02 2026
Citigroup
Locked
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Locked
Locked Apr 13 2026
Citigroup
Locked
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Locked
Locked Jan 21 2026
B of A Securities
Locked
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Locked
Locked Dec 24 2025
Citigroup
Locked
➜
Locked
Locked Jul 23 2025
Macquarie
Locked
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Locked
Locked Jun 24 2025
Analyst Rating Date
Locked
B of A Securities:
Locked
➜
Locked
Sep 28 2026
Locked
HSBC:
Locked
➜
Locked
Jul 02 2026
Locked
Citigroup:
Locked
➜
Locked
Apr 13 2026
Locked
Citigroup:
Locked
➜
Locked
Jan 21 2026
Locked
B of A Securities:
Locked
➜
Locked
Dec 24 2025
Locked
Citigroup:
Locked
➜
Locked
Jul 23 2025
Locked
Macquarie:
Locked
➜
Locked
Jun 24 2025

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