MakeMyTrip Limited (NASDAQ:MMYT) Receives $86.75 Consensus Target Price from Analysts

Posted by on Jul 24th, 2026

Shares of MakeMyTrip Limited (NASDAQ:MMYT – Get Free Report) have earned an average recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $86.75.

A number of research firms have recently issued reports on MMYT. HSBC began coverage on MakeMyTrip in a research report on Thursday, July 2nd. They issued a “buy” rating and a $70.00 price target for the company. The Goldman Sachs Group set a $84.00 price objective on MakeMyTrip in a research note on Saturday, June 27th. Wall Street Zen cut MakeMyTrip from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Citigroup reaffirmed a “buy” rating on shares of MakeMyTrip in a research note on Tuesday, May 19th. Finally, Zacks Research upgraded MakeMyTrip from a “strong sell” rating to a “strong-buy” rating in a report on Monday.

View Our Latest Stock Analysis on MMYT

Hedge Funds Weigh In On MakeMyTrip

Institutional investors have recently bought and sold shares of the company. GeoWealth Management LLC increased its position in shares of MakeMyTrip by 4.6% during the 3rd quarter. GeoWealth Management LLC now owns 3,861 shares of the technology company’s stock worth $361,000 after purchasing an additional 169 shares during the last quarter. Osaic Holdings Inc. lifted its position in MakeMyTrip by 10.2% in the second quarter. Osaic Holdings Inc. now owns 2,028 shares of the technology company’s stock valued at $199,000 after buying an additional 188 shares during the last quarter. Stone House Investment Management LLC boosted its stake in MakeMyTrip by 50.0% during the fourth quarter. Stone House Investment Management LLC now owns 600 shares of the technology company’s stock worth $49,000 after buying an additional 200 shares during the period. SBI Securities Co. Ltd. increased its position in shares of MakeMyTrip by 33.9% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,097 shares of the technology company’s stock valued at $90,000 after acquiring an additional 278 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of MakeMyTrip by 244.8% in the 3rd quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock valued at $37,000 after acquiring an additional 284 shares during the period. 51.89% of the stock is owned by hedge funds and other institutional investors.

MakeMyTrip Trading Down 4.7%

MMYT opened at $49.19 on Friday. The firm has a market capitalization of $5.47 billion, a PE ratio of 196.76 and a beta of 0.98. MakeMyTrip has a twelve month low of $32.67 and a twelve month high of $104.43. The firm’s 50-day moving average price is $49.12 and its 200 day moving average price is $52.04.

MakeMyTrip Company Profile

(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.

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Analyst Recommendations for MakeMyTrip (NASDAQ:MMYT)

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