MMYT Stock Analysis: Buy, Sell, or Hold?
MMYT - MakeMyTrip Limited
$45.68
0.22 (0.48%)
▲
5d:
+11.33%
30d:
+5.5%
90d:
-0.09%
BUY
HIGH Confidence
Analysis Updated: Jun 16, 2026 12:00 AM ET
Earnings: Jul 28, 2026
Smart Money Accumulation
None View Scanner →
Strength: 4.6/10
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:
✅ BUY SIGNAL: MMYT trading at deep discount. Market pricing in -5.8% annual earnings decline, creating value opportunity for patient investors.
✅ BUY SIGNAL: MMYT trading at deep discount. Market pricing in -5.8% annual earnings decline, creating value opportunity for patient investors.
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
26.2% 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 $45.68, which is considered fair relative to its 30-day fair value range of $41.82 to $46.74. From a valuation perspective, the stock is trading at a discount (Forward PE: 22.3) compared to its historical average (26.7). Remarkably, the market is currently pricing in an annual earnings decline of 5.8% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, MMYT is in a downtrend. Immediate support is located at $41.00, while resistance sits at $48.11.
Market Sentiment: MMYT has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $70.40 (+54.1%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, MMYT is in a downtrend. Immediate support is located at $41.00, while resistance sits at $48.11.
Market Sentiment: MMYT has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $70.40 (+54.1%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$41.82 -
$46.74
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
83.3%
All Signals
- NEUTRAL: Price in fair range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 54.1% below Wall St target ($70.40)
Trading Range Analysis
30-Day Trading Range
$41.82 -
$46.74
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$41.00
Resistance Level
$48.11
Current Trend
Downtrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
22.31
Wall Street Target
$70.40
(+54.1%)
Revenue Growth (YoY)
1.9%
Earnings Growth (YoY)
-92.2%
Profit Margin
5.0%
Valuation Discount vs History
-5.8% cheaper
PE vs Historical
22.3 vs 26.7
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-5.8%
(market-implied from PE analysis)
1-Year Target
$43.03
(-6%)
2-Year Target
$40.53
(-11%)
3-Year Target
$38.18
(-16%)
3-Yr Target (if PE normalizes)
(PE: 22→27)
$45.69
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.3, Growth: 27.1%)
$93.73
(+105%)
Base:
(SPY PE: 21.8, Growth: 27.1%)
$91.48
(+100%)
Bear:
(PE: 18.5, Growth: 27.1%)
$77.76
(+70%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (96x PE), but valuation improves significantly next year (22x PE) as earnings recover.
Forward PE: 96.15 | Forward EPS (Implied): $0.48
Bull Case
$55.16
(+21%)
Analyst growth 15.0%, PE expands to 101.0
Base Case
$45.68
(0%)
Market implied 0.0%, PE stable at 96.2
Bear Case
$34.95
(-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 22.3 to 26.7
Stabilization Target:
$54.66
(+19.7%)
PE Expansion Potential:
+19.7%
Share & Embed Analysis
Last updated: June 17, 2026 12:11 AM ET
Data refreshes hourly during market hours. Next update: 1:11 AM
Data refreshes hourly during market hours. Next update: 1:11 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 |
|---|---|---|---|
|
TCOM
Trip.com Group Ltd ADR |
STRONG BUY
33 analysts |
$77 | 61 BUY |
|
CCL
Carnival Corporation |
STRONG BUY
28 analysts |
$35 | 69 BUY |
|
BKNG
Booking Holdings Inc |
BUY
39 analysts |
$224 | 65 BUY |
|
RCL
Royal Caribbean Cruises … |
STRONG BUY
27 analysts |
$336 | 57 HOLD |
|
EXPE
Expedia Group Inc. |
HOLD
37 analysts |
$286 | 53 HOLD |
Advanced MMYT Option Strategies
Professional options setups generated by AI based on today's MMYT price and gamma walls.
