MakeMyTrip (NASDAQ:MMYT – Get Free Report) is expected to be announcing its Q2 2027 results before the market opens on Monday, October 26th. Analysts expect the company to post earnings of $0.0356 per share and revenue of $269.09 million for the quarter. Parties can check the company’s upcoming Q2 2027 earnings report page for the latest details on the call scheduled for Monday, October 26, 2026 at 7:30 AM ET.
MakeMyTrip Trading Down 7.2%
Shares of MMYT opened at $42.09 on Friday. The company has a market capitalization of $3.96 billion, a PE ratio of 31.93 and a beta of 1.07. MakeMyTrip has a 12 month low of $32.67 and a 12 month high of $92.09. The stock’s 50-day moving average price is $50.45 and its two-hundred day moving average price is $49.99.
Analyst Upgrades and Downgrades
MMYT has been the subject of a number of analyst reports. Bank of America lowered their price objective on MakeMyTrip from $71.00 to $60.00 and set a “buy” rating for the company in a research report on Monday, September 28th. HSBC started coverage on MakeMyTrip in a research note on Thursday, July 2nd. They issued a “buy” rating and a $70.00 price objective on the stock. Zacks Research cut MakeMyTrip from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. The Goldman Sachs Group set a $84.00 target price on shares of MakeMyTrip in a research report on Saturday, June 27th. Finally, Wall Street Zen downgraded shares of MakeMyTrip from a “hold” rating to a “sell” rating in a research report on Saturday, October 10th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $73.50.
View Our Latest Report on MMYT
MakeMyTrip Company Profile
MakeMyTrip Limited is an online travel company serving consumers in India and international travelers booking trips to and from the country. Founded in 2000 by Deep Kalra, the company operates through a portfolio of travel brands, including MakeMyTrip, Goibibo and redBus.
The company provides online and mobile booking services for domestic and international flights, hotels and other accommodations, holiday packages, trains, buses, car rentals and airport transfers. Through redBus, it also offers bus ticketing services across India and selected international markets.
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