$95.60
0.08% yesterday
Nasdaq, Aug 13, 10:00 pm CET
ISIN
MU0295S00016
Symbol
MMYT

MakeMyTrip Target price 2025 - Analyst rating & recommendation

MakeMyTrip Classifications & Recommendation:

Buy
94%
Hold
6%

MakeMyTrip Price Target

Target Price $122.40
Price $95.60
Potential
Number of Estimates 12
12 Analysts have issued a price target MakeMyTrip 2026 . The average MakeMyTrip target price is $122.40. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 16 analysts: 15 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 2026, 2027 & 2028

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Quarter Annually
Mar '25 2026
Estimates
Revenue Million $ 978.34 1,210.00
25.02% 23.68%
EBITDA Margin 15.17% 19.46%
14.68% 28.28%

12 Analysts have issued a sales forecast MakeMyTrip 2026 . The average MakeMyTrip sales estimate is

$1.2b
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. This is
21.89% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.3b 32.57%
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, the lowest is
$1.1b 9.71%
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.

This results in the following potential growth metrics:

Revenue Estimates

2025 $978m 25.02%
2026
$1.2b 23.68%
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2027
$1.5b 21.40%
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2028
$1.8b 20.22%
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12 Analysts have issued an MakeMyTrip EBITDA forecast 2026. The average MakeMyTrip EBITDA estimate is

$235m
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. This is
47.15% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$257m 60.40%
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, the lowest is
$197m 23.10%
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.

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

EBITDA Estimates

2025 $148m 43.38%
2026
$235m 58.66%
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2027
$336m 42.83%
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2028
$408m 21.29%
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EBITDA Margin

2025 15.17% 14.68%
2026
19.46% 28.28%
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2027
22.90% 17.68%
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2028
23.10% 0.87%
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Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 & 2028

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Quarter Annually
Mar '25 2026
Estimates
Earnings Per Share $ 0.83 1.77
54.64% 113.25%
P/E 53.92

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

$1.77
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. This is
103.45% higher
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than earnings per share in the financial year 2025. The highest EPS forecast is
$2.11 142.53%
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, the lowest is
$1.25 43.68%
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.

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

Earnings Per Share

2025 $0.83 54.64%
2026
$1.77 113.25%
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2027
$2.23 25.99%
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2028
$2.78 24.66%
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P/E ratio

Current 109.98 125.83%
2026
53.92 50.97%
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2027
42.91 20.42%
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2028
34.42 19.79%
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Current MakeMyTrip Upgrades & Downgrades

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Analyst Rating Action Date
Citigroup
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Locked Jul 23 2025
Macquarie
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Locked Jun 24 2025
Citigroup
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Locked May 15 2025
B of A Securities
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Locked Dec 27 2024
B of A Securities
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Locked Oct 24 2024
B of A Securities
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Locked Aug 27 2024
Analyst Rating Date
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Citigroup:
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Jul 23 2025
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Macquarie:
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Jun 24 2025
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Citigroup:
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May 15 2025
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B of A Securities:
Locked
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Dec 27 2024
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B of A Securities:
Locked
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Oct 24 2024
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B of A Securities:
Locked
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Aug 27 2024

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