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MakeMyTrip Limited (MMYT) Stock Analysis

Recovery setup

SellModerate Confidence

Consumer Cyclical · Travel Services

Sell if holding. Multiple concerning factors at $47.41: Consecutive earnings misses (2); Below 200-MA, MA slope -9.7%/30d (confirmed downtrend).

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air... Read more

$47.41+61.5% A.UpsideScore 5.7/10#6 of 15 Travel Services
Stop $44.13Target $76.65(analyst − 13%)A.R:R 4.1:1
Analyst target$88.10+85.8%10 analysts
$76.65our TP
$47.41price
$88.10mean
$117

Sell if holding. Multiple concerning factors at $47.41: Consecutive earnings misses (2); Below 200-MA, MA slope -9.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 68. Score 5.7/10, moderate confidence.

Passes 6/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Suitability: aggressive.

Thesis

Rewards
Strong growth profile
Analyst upside: 62%
Risks
Consecutive earnings misses (2)
Below 200-MA, MA slope -9.7%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)91.4
P/E (Fwd)23.2
Mkt Cap$4.5B
EV/EBITDA31.6
Profit Mgn5.5%
ROE9.6%
Rev Growth10.6%
Beta0.83
DividendNone
Rating analysts17

Quality Signals

Piotroski F9/9

Options Flow

P/C0.15bullish
IV73%elevated
Max Pain$125+163.7% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Support Resistance
2.6
Bollinger
3.3

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
1.0
Growth Rank
2.9
Quality Rank
3.0

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
1.1
Surprise Avg
4.0
Erm
5.0
Earnings Timing
5.0
Earnings concerns: 1B/2MEarnings in 13 days
GatesDeath cross (50MA < 200MA)EARNINGS PROXIMITY 13d<=14d (soft)Momentum 5.8>=5.5A.R:R 4.1 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
68 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $36.50Resistance $51.38

Price Targets

$44
$77
A.Upside+61.7%
A.R:R4.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! NEWS_MOD=-1: HOLD_IF_HOLDING → SELL_IF_HOLDING

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-13 (13d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MMYT stock a buy right now?

Sell if holding. Multiple concerning factors at $47.41: Consecutive earnings misses (2); Below 200-MA, MA slope -9.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 68. Prior stop was $44.13. Score 5.7/10, moderate confidence.

What is the MMYT stock price target?

Take-profit target: $76.65 (+61.5% upside). Prior stop was $44.13. Stop-loss: $44.13.

What are the risks of investing in MMYT?

Consecutive earnings misses (2); Below 200-MA, MA slope -9.7%/30d (confirmed downtrend).

Is MMYT overvalued or undervalued?

MakeMyTrip Limited trades at a P/E of 91.4 (forward 23.2). TrendMatrix value score: 5.9/10. Verdict: Sell.

What do analysts say about MMYT?

17 analysts cover MMYT with a consensus score of 4.3/5. Average price target: $88.

What does MakeMyTrip Limited do?MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States,...

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air ticketing, hotels and packages, bus tickets, rail tickets, and car hire; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products, foreign currency exchange services, and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

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