MakeMyTrip Limited (MMYT) Stock Price & Analysis
MakeMyTrip Limited (MMYT) closed at USD 46.78 on Thursday, October 15, 2026, up 7.20% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 43.64; the Oct 15, 2026 session ranged USD 44.38–47.49 on volume of 1,669,944 shares. Market capitalization is $4.40B, with a 52-week range of USD 32.67–92.09 (NMS). Source: Nexqual, retrieved October 16, 2026 at 05:20 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MMYT.md
Key facts (MMYT)
- 2 of 80 tracked superinvestors hold MMYT (13F, Q2 2026): 1 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (10 analysts), mean target USD 73.8 (range 60–85).
- Total return with dividends: 1Y -47.0% vs S&P 500 +18.1%; 5Y +51.9% vs S&P 500 +85.1%.
- Next earnings: 2026-10-27, EPS estimate USD 0.47, revenue estimate $267M.
Superinvestors (SEC 13F-HR, Q2 2026) (MMYT)
2 of 80 tracked investors hold MMYT. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Howard Marks | Oaktree Capital | 1.39% | $52.4M | New position |
| Sarah Ketterer | Causeway Capital Management | 0.04% | $3.4M | Reduced -0.6% |
Analysts (MMYT)
Consensus Buy (mean 2.00 on a 1–5 scale), 10 analysts; mean target USD 73.8 (low 60, high 85).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-28 | B of A Securities | Target lowered | Buy | $71 → $60 |
| 2026-07-02 | HSBC | Initiated | Buy | $70 |
Total return (dividends reinvested) (MMYT)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | -47.0% | +51.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -47.1% | +8.7% |
| Volatility (annualized) | 55.3% | 48.2% |
| Max drawdown | -60.0% (Oct 2025→Mar 2026) | -69.9% (Dec 2024→Mar 2026) |
Key Statistics (as of October 16, 2026 at 05:20 UTC)
| Price | USD 46.78 |
|---|---|
| Change | ▲ 7.20% (up) |
| Previous Close | USD 43.64 |
| Open | USD 44.38 |
| Day Range | USD 44.38 – 47.49 |
| 52-Week Range | USD 32.67 – 92.09 |
| Volume | 1,669,944 shares |
| Market Cap | $4.40B |
| Exchange | NMS |
Technical Analysis (MMYT)
Nexqual's technical model rates MMYT "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 16, 2026 at 05:20 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 43.37 (neutral) |
| vs SMA50 | Below (USD 52.44) |
| MACD | -1.98 (negative) |
Analyst Ratings (MMYT)
Wall Street analysts rate MMYT "Buy" based on 10 analysts, with a mean price target of USD 73.8 (range USD 60–85), per Nexqual as of October 16, 2026 at 05:20 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 10 |
| Mean Target | USD 73.8 |
| High Target | USD 85 |
| Low Target | USD 60 |
| Buy / Hold / Sell | 10 / 0 / 0 |
Earnings (MMYT)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 0.47 |
| Revenue Estimate | $267.41M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.53 vs est 0.43 ▲ beat |
| 2026-03-31 | USD 0.32 vs est 0.41 ▼ miss |
| 2025-12-31 | USD 0.52 vs est 0.42 ▲ beat |
| 2025-09-30 | USD 0.37 vs est 0.42 ▼ miss |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financials & Fundamentals (MMYT)
| Total Revenue | $1.06B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.20% |
| Gross Margin | +58.60% |
| Operating Margin | +15.30% |
| Profit Margin | +3.23% |
| ROE | +2868.74% |
| Current Ratio | 3.13 |
| Total Cash | $776.18M |
| Total Debt | $1.44B |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financial Health Score (MMYT)
Nexqual rates MakeMyTrip Limited's overall financial health "Solid" across five dimensions, as of October 16, 2026 at 05:20 UTC.
| Growth | Solid — Revenue +14% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 59%, operating 15% |
| Balance Sheet | Mixed — $776M cash vs $1.44B debt |
| Cash Flow | Solid — Operating cash flow $167M (TTM) |
| Efficiency | Strong — ROE 2869%, ROA 3.0% |
Ownership (MMYT)
| Insider Ownership | +20.75% |
|---|---|
| Institutional Ownership | +105.48% |
| Shares Outstanding | 88.76M |
| Float | 29.14M |
| Short % of Float | +14.22% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Leadership (MMYT)
MakeMyTrip Limited is led by Rajesh Magow (age 57), Co-Founder, Group CEO & Director, per Nexqual as of October 16, 2026 at 05:20 UTC.
| Co-Founder, Group CEO & Director | Rajesh Magow (age 57) |
|---|---|
| Founder, Group Chairman & Chief Mentor | Deep Kalra (age 56) |
| Group Chief Financial Officer | Dipak Kumar Bohra (age 52) |
| Group COO & Director | Mohit Kabra (age 54) |
| Group Chief Technology Officer | Sanjay Mohan (age 60) |
Major Backers & Investors (MMYT)
Notable institutional backers of MakeMyTrip Limited include Verition Fund Management, LLC, Baillie Gifford, Schroder Investment Management Group, according to Nexqual as of October 16, 2026 at 05:20 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Verition Fund Management, LLC | 36.61% |
| Baillie Gifford | 16.53% |
| Schroder Investment Management Group | 8.68% |
| Royal Bank of Canada | 6.89% |
| Artisan Partners Limited Partnership | 6.6% |
| FMR, LLC | 5.43% |
| Morgan Stanley | 4.24% |
| Wellington Management | 3.16% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 3.39% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TNL | Travel Leisure Co. | USD 65.29 | ▲ 3.65% |
| NCLH | Norwegian Cruise Line Holdings | USD 15.39 | ▲ 0.46% |
| LIND | Lindblad Expeditions Holdings I | USD 35.47 | ▼ 2.47% |
| PRSU | Pursuit Attractions and Hospita | USD 54.84 | ▲ 1.54% |
| TRIP | TripAdvisor, Inc. | USD 9.39 | ▲ 7.44% |
| TCOM | Trip.com Group Limited | USD 39.93 | ▲ 3.05% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:20 UTC. This page is informational and not investment advice.
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