MakeMyTrip (NASDAQ:MMYT) Posts Earnings Results, Beats Expectations By $0.01 EPS

Posted by Brian Himes on May 19th, 2026

MakeMyTrip (NASDAQ:MMYT – Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01, FiscalAI reports. The business had revenue of $250.12 million during the quarter, compared to the consensus estimate of $275.49 million. MakeMyTrip had a net margin of 5.46% and a return on equity of 48.06%.

MakeMyTrip Stock Up 3.8%

MakeMyTrip stock opened at $44.93 on Tuesday. MakeMyTrip has a fifty-two week low of $32.67 and a fifty-two week high of $105.74. The company has a debt-to-equity ratio of 38.85, a quick ratio of 1.85 and a current ratio of 1.85. The firm has a 50 day moving average price of $44.31 and a 200 day moving average price of $61.76. The company has a market capitalization of $5.00 billion, a PE ratio of 93.60, a price-to-earnings-growth ratio of 1.76 and a beta of 1.03.

Institutional Trading of MakeMyTrip

Several institutional investors have recently added to or reduced their stakes in MMYT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in MakeMyTrip by 11.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,755 shares of the technology company’s stock valued at $1,642,000 after buying an additional 1,721 shares during the period. Daiwa Securities Group Inc. lifted its position in shares of MakeMyTrip by 24.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,424 shares of the technology company’s stock worth $336,000 after purchasing an additional 679 shares during the last quarter. Nebula Research & Development LLC grew its stake in shares of MakeMyTrip by 9.2% during the second quarter. Nebula Research & Development LLC now owns 15,890 shares of the technology company’s stock worth $1,558,000 after purchasing an additional 1,345 shares in the last quarter. Sei Investments Co. lifted its position in MakeMyTrip by 14.9% in the second quarter. Sei Investments Co. now owns 520,853 shares of the technology company’s stock valued at $51,054,000 after acquiring an additional 67,367 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in MakeMyTrip by 108.5% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 201,101 shares of the technology company’s stock valued at $19,712,000 after acquiring an additional 104,641 shares during the last quarter. Institutional investors and hedge funds own 51.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MMYT shares. Citigroup cut their price target on shares of MakeMyTrip from $96.00 to $80.00 and set a “buy” rating for the company in a report on Monday, April 13th. The Goldman Sachs Group restated a “buy” rating on shares of MakeMyTrip in a report on Thursday, May 7th. Wall Street Zen downgraded shares of MakeMyTrip from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of MakeMyTrip in a report on Tuesday, January 27th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.

Read Our Latest Stock Report on MakeMyTrip

About MakeMyTrip

(Get Free Report)

MakeMyTrip Inc is an online travel company that provides a comprehensive suite of travel products and services through its website and mobile app platform. The company’s offerings include air ticketing, hotel reservations, holiday packages, rail and bus ticket bookings, ancillary travel services such as travel insurance and visa assistance, and corporate travel management solutions. By leveraging technology-driven platforms, MakeMyTrip aims to deliver convenience, competitive pricing, and a seamless booking experience for both retail and business customers.

Founded in June 2000 by Deep Kalra, MakeMyTrip has grown to become one of India’s leading travel technology firms.