MakeMyTrip (MMYT) Stock: Buy, Sell, or Hold?
MMYT - MakeMyTrip Limited
$43.18
-2.16 (-4.76%)
▼
5d:
-7.33%
30d:
-7.87%
90d:
-17.5%
HOLD
LOW Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Oct 26, 2026
2d
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:
📊 HOLD: MMYT shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: MMYT shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
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
30.2% 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 $43.18, which is considered slightly low relative to its 30-day fair value range of $44.41 to $48.03. From a valuation perspective, the stock is trading at a discount (Forward PE: 22.1) compared to its historical average (26.3). Remarkably, the market is currently pricing in an annual earnings decline of 5.5% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, MMYT is showing sideways momentum. The price is currently testing key support at $43.16. A bounce from this level would confirm strength, while a break below could signal further downside. Short-term momentum is weak, with the stock down 4.8% recently.
Market Sentiment: MMYT scores 60/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $73.00 (+61.0%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, MMYT is showing sideways momentum. The price is currently testing key support at $43.16. A bounce from this level would confirm strength, while a break below could signal further downside. Short-term momentum is weak, with the stock down 4.8% recently.
Market Sentiment: MMYT scores 60/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $73.00 (+61.0%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$44.41 -
$48.03
Company Quality Score
54/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
85.7%
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
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-4.8%)
- BULLISH: Trading 61.0% below Wall St target ($73.00)
- BULLISH: Bottoming setup score 60/100 — corrected, stabilizing, and turning up
- CAUTION: Recommendation downgraded due to -7.3% 5-day decline
Trading Range Analysis
30-Day Trading Range
$44.41 -
$48.03
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$43.16
Resistance Level
$47.86
Current Trend
Sideways
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
22.15
Wall Street Target
$73.00
(+61.0%)
Revenue Growth (YoY)
6.2%
Earnings Growth (YoY)
-60.8%
Profit Margin
3.2%
Valuation Discount vs History
-5.5% cheaper
PE vs Historical
22.2 vs 26.3
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-5.5%
(market-implied from PE analysis)
1-Year Target
$42.85
(-6%)
2-Year Target
$40.49
(-11%)
3-Year Target
$38.26
(-16%)
3-Yr Target (if PE normalizes)
(PE: 22→26)
$45.43
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.1, Growth: 27.1%)
$93.03
(+105%)
Base:
(SPY PE: 19.9, Growth: 27.1%)
$83.42
(+84%)
Bear:
(PE: 16.9, Growth: 27.1%)
$70.90
(+56%)
📈
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): $0.47
Bull Case
$54.75
(+21%)
Analyst growth 15.0%, PE expands to 101.0
Base Case
$45.34
(0%)
Market implied 0.0%, PE stable at 96.2
Bear Case
$34.69
(-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 22.1 to 26.3
Stabilization Target:
$53.84
(+18.7%)
PE Expansion Potential:
+18.7%
Share & Embed Analysis
Last updated: October 23, 2026 9:54 AM ET
Data refreshes hourly during market hours. Next update: 10:54 AM
Data refreshes hourly during market hours. Next update: 10:54 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 |
$234 | 58 HOLD |
|
TCOM
Trip.com Group Ltd ADR |
STRONG BUY
29 analysts |
$59 | 47 HOLD |
|
RCL
Royal Caribbean Cruises … |
STRONG BUY
29 analysts |
$351 | 49 HOLD |
|
CCL
Carnival Corporation |
STRONG BUY
29 analysts |
$34 | 44 HOLD |
|
ABNB
Airbnb Inc |
BUY
44 analysts |
$183 | 37 SELL |
Advanced MMYT Option Strategies
Professional options setups generated by AI based on today's MMYT price and gamma walls.
