MakeMyTrip (MMYT) Stock: Buy, Sell, or Hold?
MMYT - MakeMyTrip Limited
$43.64
-1.06 (-2.37%)
▼
5d:
+0.53%
30d:
-8.89%
90d:
-19.48%
WAIT
LOW Confidence
Analysis Updated: Oct 14, 2026 12:00 AM ET
Earnings: Oct 27, 2026
11d
Get Alerted When MMYT Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 MIXED SIGNALS: MMYT shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: MMYT shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$99.66
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$61.88
29.5% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MMYT is currently trading at $43.64, which is considered oversold relative to its 30-day fair value range of $44.50 to $51.20. From a valuation perspective, the stock is trading at a discount (Forward PE: 21.3) compared to its historical average (26.4). Remarkably, the market is currently pricing in an annual earnings decline of 6.9% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, MMYT is showing sideways momentum. Immediate support is located at $41.73, while resistance sits at $48.42.
Market Sentiment: The stock scores a mixed 53/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $73.80 (+69.1%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, MMYT is showing sideways momentum. Immediate support is located at $41.73, while resistance sits at $48.42.
Market Sentiment: The stock scores a mixed 53/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $73.80 (+69.1%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$44.50 -
$51.20
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
Protect Your Profits
Holding MMYT? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (53/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 69.1% below Wall St target ($73.80)
- WARNING: Composite score 51/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$44.50 -
$51.20
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$41.73
Resistance Level
$48.42
Current Trend
Sideways
Technical data as of
Oct 14, 2026
Fundamental Context
Forward P/E (Next Year Est.)
21.32
Wall Street Target
$73.80
(+69.1%)
Revenue Growth (YoY)
6.2%
Earnings Growth (YoY)
-60.8%
Profit Margin
3.2%
Valuation Discount vs History
-6.9% cheaper
PE vs Historical
21.3 vs 26.4
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-6.9%
(market-implied from PE analysis)
1-Year Target
$40.63
(-7%)
2-Year Target
$37.83
(-13%)
3-Year Target
$35.22
(-19%)
3-Yr Target (if PE normalizes)
(PE: 21→26)
$43.61
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.3, Growth: 27.1%)
$89.54
(+105%)
Base:
(SPY PE: 19.9, Growth: 27.1%)
$83.42
(+91%)
Bear:
(PE: 16.9, Growth: 27.1%)
$70.90
(+63%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (96x PE), but valuation improves significantly next year (21x PE) as earnings recover.
Forward PE: 96.15 | Forward EPS (Implied): $0.45
Bull Case
$52.70
(+21%)
Analyst growth 15.0%, PE expands to 101.0
Base Case
$43.64
(0%)
Market implied 0.0%, PE stable at 96.2
Bear Case
$33.38
(-24%)
Severe decline -15.0%, PE contracts to 86.5
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 21.3 to 26.4
Stabilization Target:
$54.04
(+23.8%)
PE Expansion Potential:
+23.8%
Share & Embed Analysis
Last updated: October 15, 2026 3:30 AM ET
Data refreshes hourly during market hours. Next update: 4:30 AM
Data refreshes hourly during market hours. Next update: 4:30 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is MMYT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Travel Services Stocks
Top-rated stocks in Travel Services by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
BKNG
Booking Holdings Inc |
STRONG BUY
37 analysts |
$235 | 73 BUY |
|
TCOM
Trip.com Group Ltd ADR |
STRONG BUY
29 analysts |
$59 | 56 HOLD |
|
RCL
Royal Caribbean Cruises … |
STRONG BUY
29 analysts |
$351 | 45 HOLD |
|
ABNB
Airbnb Inc |
BUY
43 analysts |
$184 | 60 HOLD |
|
CCL
Carnival Corporation |
STRONG BUY
29 analysts |
$34 | 38 SELL |
Advanced MMYT Option Strategies
Professional options setups generated by AI based on today's MMYT price and gamma walls.
