MakeMyTrip Ltd [MMYT] stock is trading at $95.08, down -0.95%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MMYT shares have gain 3.92% over the last week, with a monthly amount drifted -8.02%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MakeMyTrip Ltd [NASDAQ: MMYT] stock has seen the most recent analyst activity on June 24, 2025, when Macquarie upgraded its rating to a Outperform but kept the price target unchanged to $110 for it. Previously, BofA Securities reaffirmed its Buy rating on December 27, 2024, and elevated its price target to $130. On February 21, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $60 on the stock. Morgan Stanley upgraded its rating to a Overweight but stick to its price target of $36 on December 08, 2022. JP Morgan initiated its recommendation with a Overweight and recommended $44 as its price target on September 14, 2022. BofA Securities upgraded its rating to Buy for this stock on August 30, 2022, and upped its price target to $40. In a note dated August 30, 2022, Macquarie initiated an Outperform rating and provided a target price of $42 on this stock.
MakeMyTrip Ltd [MMYT] stock has fluctuated between $76.95 and $123.00 over the past year. Currently, Wall Street analysts expect the stock to reach $91 within the next 12 months. MakeMyTrip Ltd [NASDAQ: MMYT] shares were valued at $95.08 at the most recent close of the market. An investor can expect a potential drop of -4.29% based on the average MMYT price forecast.
Analyzing the MMYT fundamentals
MakeMyTrip Ltd [NASDAQ:MMYT] reported sales of 978.34M for the trailing twelve months, which represents a growth of 20.98%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 93.53 points at the first support level, and at 91.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 97.20, and for the 2nd resistance point, it is at 99.32.
Ratios To Look Out For
For context, MakeMyTrip Ltd’s Current Ratio is 1.85. As well, the Quick Ratio is 1.60, while the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 12.38, the price to book ratio is 9.01 and price to earnings (TTM) ratio is 114.75.
Transactions by insiders
Recent insider trading involved RAJESH MAGOW, Officer, that happened on May 27 ’25 when 2000.0 shares were purchased. Officer, RAJESH MAGOW completed a deal on Feb 04 ’25 to buy 20000.0 shares. Meanwhile, Officer MOHIT KABRA bought 640.0 shares on Dec 10 ’24.
