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MMYTMakeMyTrip LimitedSell4.8·$51.19

MakeMyTrip (MMYT) Q3 2026 earnings — TrendMatrix coverage

IN LINE-0.6% vs estimateEPS $0.47 vs $0.47 estCurrent verdict Sell 4.8/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$0.47
Estimate
$0.47
Surprise
-0.6%
Revenue (period 2026-09-30)
$235.2M
Score today
4.8/10

Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).

Report record · Q3 2026

How the report landed

MakeMyTrip (MMYT) reported adjusted EPS of $0.47, in line with the $0.47 estimate.

Current read · as of 2026-11-15

Where TrendMatrix's rating stands now

TrendMatrix currently rates MMYT Sell at 4.8/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's -0.6% surprise compares with a +5.5% four-quarter average. Next scheduled report: 2027-01-20.

What argues against it

  • Weak overall score: 4.8/10
  • Weak growth
  • Overbought (RSI 82)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$51.19
Price target
$58.90
Stop
$47.61
Upside to target
+15.1%
Reward-to-risk
1.0:1

The stock trades at 189.6× trailing but 21.4× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: RSI 82 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-11-15 — shown for context, not personalized investment advice.

Consumer Cyclical context

MMYT at TrendMatrix's latest read

Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.

Industry
Travel Services
Market cap
$4.81B
P/E (fwd)
21.4
P/E (ttm)
189.6
52-week range
$32.67–$86.94
Off 52-week high
41.1%
RSI (14)
82
Volume vs avg
0.52×
Score today
4.8/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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