MakeMyTrip Limited (MMYT) Stock Forecast
MMYT analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 5.00 / 5 from 10 analysts
- Price target
- $73.40 average of analyst targets
- Upside to target
- +57.5% from the latest close
- Next earnings
- October 27, 2026 EPS estimate $0.36
- 52-week range
- $36.30 – $90.73
MMYT analyst ratings
10 analystsNumber of analysts at each rating.
MMYT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MMYT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.47 | $0.45 | $0.50 | $0.37 | +27.8% | 2 |
| Next quarter (Dec '26) | $0.55 | $0.51 | $0.60 | $0.52 | +6.6% | 2 |
| Current fiscal year (FY2027) | $2.07 | $1.76 | $2.30 | $1.56 | +32.8% | 4 |
| Next fiscal year (FY2028) | $2.50 | $2.10 | $2.91 | $2.07 | +20.6% | 5 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MMYT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $270.7M | $248.0M | $294.2M | +1.4% | 5 |
| Next quarter (Dec '26) | $331.9M | $322.0M | $351.6M | +6.7% | 3 |
| Current fiscal year (FY2027) | $1.20B | $1.13B | $1.29B | +5.0% | 9 |
| Next fiscal year (FY2028) | $1.41B | $1.30B | $1.54B | +17.2% | 9 |
MMYT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MMYT revenue: reported and forecast
MMYT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.44 | $0.43 | $0.47 | $0.47 | $0.47 | +7.4% | 0 up · 0 down |
| Next quarter (Dec '26) | $0.46 | $0.55 | $0.55 | $0.55 | $0.55 | +21.3% | 0 up · 0 down |
| Current fiscal year (FY2027) | $1.86 | $1.96 | $2.01 | $2.01 | $2.07 | +11.5% | 0 up · 0 down |
| Next fiscal year (FY2028) | $2.30 | $2.42 | $2.48 | $2.48 | $2.50 | +8.6% | 0 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
MMYT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MMYT beat in 8 of 12.
What analysts expect from MMYT
10 analysts cover MakeMyTrip; their consensus rating is strong buy (5.00 on a 1–5 scale, where 5 is a strong buy). The average price target is $73.40, 57.5% above the latest close of $46.60. Analysts expect earnings of $2.07 per share for FY2027, +32.8% from a year earlier. For FY2028 the average estimate is $2.50 per share on revenue of $1.4 billion. MakeMyTrip beat the EPS estimate in 8 of the last 12 quarters.
Related: MMYT income statement, MMYT key metrics, MMYT chart. See the MMYT stock overview for the latest quote and news.
MMYT forecast FAQ
What is MakeMyTrip's price target?
The average analyst price target for MakeMyTrip is $73.40, 57.5% above the latest close of $46.60.
Is MakeMyTrip a buy, hold or sell?
Of 10 analysts covering MakeMyTrip, 10 rate it a strong buy, 0 a buy, 0 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is MakeMyTrip's EPS forecast?
Analysts forecast $2.07 per share for FY2027 (range $1.76 to $2.30); for FY2028 the estimate is $2.50.
What is MakeMyTrip's revenue forecast?
The average revenue estimate for FY2027 is $1.2 billion, growth of 5.0%; for FY2028 it is $1.4 billion.
When does MakeMyTrip report earnings?
MakeMyTrip is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 before the market opens; the EPS estimate is $0.36.
Does MakeMyTrip usually beat earnings estimates?
MakeMyTrip reported EPS at or above the analyst estimate in 8 of the last 12 quarters.