$96.08
3.23% today
Nasdaq, Feb 28, 09:17 pm CET
ISIN
MU0295S00016
Symbol
MMYT

MakeMyTrip Target price 2025 - Analyst rating & recommendation

MakeMyTrip Classifications & Recommendation:

Buy
89%
Hold
11%

MakeMyTrip Price Target

Target Price $119.89
Price $93.07
Potential
Number of Estimates 9
9 Analysts have issued a price target MakeMyTrip 2026 . The average MakeMyTrip target price is $119.89. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 9 analysts: 8 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 2026 of . Most analysts recommend the MakeMyTrip stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2029

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Quarter Annually
Mar '24 2025
Estimates
Revenue Million $ 782.52 993.47
31.95% 26.96%
EBITDA Margin 11.75% 17.79%
44.62% 51.35%
Net Margin 27.91% 9.69%
1,577.83% 65.28%

8 Analysts have issued a sales forecast MakeMyTrip 2025 . The average MakeMyTrip sales estimate is

$993m
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. This is
6.17% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.0b 7.61%
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, the lowest is
$938m 0.28%
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.

This results in the following potential growth metrics:

Revenue Estimates

2024 $783m 31.95%
2025
$993m 26.96%
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2026
$1.2b 20.97%
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2027
$1.4b 20.53%
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2028
$1.7b 15.84%
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2029
$2.0b 16.26%
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9 Analysts have issued an MakeMyTrip EBITDA forecast 2025. The average MakeMyTrip EBITDA estimate is

$177m
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. This is
33.80% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$261m 97.99%
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, the lowest is
$144m 9.01%
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.

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

EBITDA Estimates

2024 $92.0m 90.83%
2025
$177m 92.11%
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2026
$248m 40.23%
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2027
$312m 25.72%
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2028
$408m 30.91%
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2029
$489m 19.82%
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EBITDA Margin

2024 11.75% 44.62%
2025
17.79% 51.35%
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2026
20.62% 15.91%
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2027
21.51% 4.32%
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2028
24.31% 13.02%
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2029
25.05% 3.04%
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7 MakeMyTrip Analysts have issued a net profit forecast 2025. The average MakeMyTrip net profit estimate is

$96.3m
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. This is
59.63% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$123m 48.36%
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, the lowest is
$88.5m 62.91%
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.

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

Net Profit Estimates

2024 $218m 2,050.00%
2025
$96.3m 55.91%
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2026
$162m 68.37%
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2027
$235m 45.21%
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Net Margin

2024 27.91% 1,577.83%
2025
9.69% 65.28%
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2026
13.49% 39.22%
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2027
16.25% 20.46%
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Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

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Quarter Annually
Mar '24 2025
Estimates
Earnings Per Share $ 1.95 0.86
2,050.00% 55.90%
P/E 108.24
EV/Sales 9.85

7 Analysts have issued a MakeMyTrip forecast for earnings per share. The average MakeMyTrip <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.86
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. This is
59.62% lower
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than earnings per share in the financial year 2024. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.10 48.36%
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, the lowest is
$0.79 62.91%
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.

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

Earnings Per Share

2024 $1.95 2,050.00%
2025
$0.86 55.90%
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2026
$1.45 68.60%
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2027
$2.10 44.83%
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P/E ratio

Current 43.71 64.93%
2025
108.24 147.63%
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2026
64.29 40.60%
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2027
44.27 31.14%
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Based on analysts' sales estimates for 2025, the MakeMyTrip stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
10.28
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.

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

EV/Sales

Current 10.45 29.65%
2025
9.85 5.77%
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2026
8.14 17.34%
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2027
6.75 17.03%
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2028
5.83 13.67%
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2029
5.02 13.98%
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P/S ratio

Current 10.92 28.39%
2025
10.28 5.81%
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2026
8.50 17.34%
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2027
7.05 17.03%
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2028
6.09 13.67%
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2029
5.24 13.98%
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Current MakeMyTrip Upgrades & Downgrades Beta

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Analyst Rating Action Date
B of A Securities Locked ➜ Locked Locked Dec 27 2024
B of A Securities Locked ➜ Locked Locked Oct 24 2024
B of A Securities Locked ➜ Locked Locked Aug 27 2024
Analyst Rating Date
Locked
B of A Securities: Locked ➜ Locked
Dec 27 2024
Locked
B of A Securities: Locked ➜ Locked
Oct 24 2024
Locked
B of A Securities: Locked ➜ Locked
Aug 27 2024

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