Insider buying last 90 days
No open-market insider purchases were filed for MMYT in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every MMYT insider filing, plotted on the chart in Gekko.Open MMYT in Gekko
NASDAQ: MMYT
MakeMyTrip (MMYT) Stock Analysis & Forecast
Sep 28 close
$47.39+0.64 (+1.4%)
Gekko Brief
MakeMyTrip closed at $47.39 on 28 September 2026, +1.4% on the day. The price sits below both the 50-day ($55.18) and 200-day ($55.23) moving averages, inside a 52-week range of $32.67 to $98.01. The GekkoIndex reads 71.6, in the Buying zone, down 2.3 points over five sessions. Gekko Fair Value is $63.08, so the price is 24.9% below it.
The next earnings report is due on 27 October 2026, 28 days away (before open). Over the last 8 reports the company beat the earnings estimate 6 times, with an average move of 6.1% across the report. Seasonally, the next 20 trading days from this point averaged +3% over the last 5 years, rising in 2 of them.
5 firms rate the stock: 5 buy, 0 hold and 0 sell, with a consensus target of $75.40. A typical daily move is about 4.3%, and a typical 20-day move about 7.7%. On the swing-trade checklist, 2 items read supportive and 2 read as a headwind (trend, earnings risk).
Generated Sep 29, 2026 from the data above.
MakeMyTrip price vs fair value
Close $47.39200-day averageGekko Fair Value $63.08
MakeMyTrip quick facts
- Market cap
- $4.46B
- P/E ratio
- 203.8
- Forward P/E
- 96.2
- EPS, TTM
- $0.23
- Revenue, TTM
- $1.06B
- Profit margin
- 3.2%
- Dividend yield
- —
- Beta
- 1.00
- Volume
- 792,984 avg 795,471
- 1-year return
- −50.5%
- Typical daily move
- ±4.3%
- Typical 20-day move
- ±7.7%
- 50-day average
- $55.18
- 200-day average
- $55.23
- Next earnings
- Oct 27 before open
- Shares outstanding
- 88.76M
MakeMyTrip swing-trade checklist
MakeMyTrip scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $47.39 is below the 50-day ($55.18) and 200-day ($55.23) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
71.6, Buying
Reading 71.6 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
24.9% below
Price is 24.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 28 days
Reports on Oct 27, 2026, 28 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
+3.0% on average
From this point in the calendar, the next 20 trading days averaged +3% over 5 years, rising in 2 of them.
See seasonality
A description of current data, not a recommendation. How this page works
MakeMyTrip stock chart and price history
MakeMyTrip closed at $47.39 on Sep 28, 2026, −50.5% over the past year, inside a 52-week range of $32.67 to $98.01.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −18.5%
- 3 months
- −12.1%
- 6 months
- +30.6%
- 1 year
- −50.5%
The full MMYT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MMYT in Gekko
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MakeMyTrip GekkoIndex: the smart money zone
MakeMyTrip’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 71.6, in the Buying zone, down 2.3 points over five sessions.
71.6Buying
Down 2.3 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 50 | −0.8% | +1.0% | ||
| Accumulation | 186 | +0.2% | +0.1% | ||
| Neutral | 398 | +0.4% | +1.0% | ||
| Distribution | 35 | −0.5% | +0.8% | ||
| Selling | 3 | Too few readings yet | |||
Average MMYT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the MMYT price, zone by zone.Track MMYT in Gekko
Is MakeMyTrip stock overvalued? Gekko Fair Value
MakeMyTrip trades 24.9% below Gekko Fair Value of $63.08, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what MakeMyTrip shares are worth, recalculated every trading day.
$63.08
Gekko Fair Value, Sep 26, 2026
24.9% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open MMYT in Gekko
MakeMyTrip insider and Congress trading
No open-market insider purchases were filed for MakeMyTrip, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in MMYT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for MMYT, plotted on the chart in Gekko.Open MMYT in Gekko
Buybacks
MakeMyTrip has been buying back its own shares.
- Bought back, quarter ended Dec 31, 2025
- $1.62B
- As a share of market cap
- 36.37%
From company filings.
Hedge funds and billionaires quarter ended Sep 30
1of the funds Gekko tracks holds MMYT.
0added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
MakeMyTrip earnings: next date and track record
MakeMyTrip reports on Oct 27, 2026, before the open (28 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Oct 27, 2026
Expected before the open, 28 days away
- EPS estimate
- $0.44
- Revenue estimate
- $268.2M
6 of 8reports beat the EPS estimate
±6.1%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jan 21, 2026 AI summary
- What they said
- MakeMyTrip Q3 FY2026 earnings call: Management reported strong demand recovery in Q3 driven by festive season and long weekends despite a December disruption from stricter flight duty time limitation (FDTL) rules affecting domestic air. They emphasized AI (Myra) adoption with 50k daily interactions and 72% good conversation rate, and product innovation. Financial highlights: air ticketing adjusted margin $207.9m (up 20.4% YoY constant currency), international air now 43% of ticketing margin; standalone hotel room nights +20.6% YoY with stronger growth in non-premium (23%); hotels & packages revenue reported $133.2m vs $121.9m prior year (9% reported growth) but constant currency and GST rationalization adjustments imply higher volume growth (~20%) and constant-currency GBV growth ~15.8%; overall segment growth across reported segments ~22%; net take rate on air around 7% stable; marketing spend rose to 5.6% due to mix shift toward higher-acquisition segments; adjusted operating margin ~1.8% of GBV and target to keep margins in high teens for hotels. Management noted some supply constraints from Indigo capacity cuts but expected improvement into JFM and clearer picture by summer schedule. They discussed RedBus merger NCLT approval facilitating eventual India IPO but no timeline change. Guidance: management did not provide explicit numeric forward guidance but said supply recovery may push into next fiscal year and expect domestic departures to normalize to slightly positive growth (flat to +1-2% YoY) in JFM; they expect GST optical impact to persist for four quarters and mix-driven marketing spend to normalize as air recovers. Risks: FDTL pilot rules disrupting flight operations, currency headwinds, GST rate changes creating optical revenue impacts, competitive threats from LLMs/Google/ChatGPT in travel search, and supply constraints from airline capacity reductions. Overall tone: constructive and confident; management addressed questions with specific metrics and explanations, showing measured optimism about AI, market growth, and margin stability.
- Guidance
- No explicit numeric forward guidance issued. Management provided qualitative expectations: supply recovery from FDTL disruption likely to normalize by JFM with domestic departures returning to flat to +1-2% YoY; GST impact on reported GBV to persist for about four quarters; marketing spend should normalize as mix shifts back when air recovers; potential complete supply recovery may push into next fiscal year.
- Risks flagged
- Disruption from new flight duty time limitation (FDTL) rules for pilots causing reduced capacity (esp. Indigo); currency fluctuations affecting reported revenue; GST rationalization causing optical reductions in reported GBV/revenue; potential competition from large LLMs/Google/ChatGPT entering travel search; general supply constraints and seasonality risks.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jan 21, 2026 | $0.45 est $0.39 | $311.0M est $306.3M | −11.0% |
| Oct 28, 2025 | $0.37 est $0.19 | $229.3M est $262.2M | −14.1% |
| Jul 22, 2025 | $0.42 est $0.45 | $268.8M est $263.0M | +4.3% |
| May 14, 2025 | $0.42 est $0.20 | $245.5M est $258.0M | −1.3% |
| Jan 23, 2025 | $0.23 est $0.27 | $267.4M est $255.9M | +5.7% |
| Oct 23, 2024 | $0.36 est $0.17 | $211.0M est $220.8M | +1.0% |
| Jul 23, 2024 | $0.39 est $0.28 | $254.5M est $217.0M | +1.4% |
| May 15, 2024 | $0.38 est $0.20 | $202.9M est $198.9M | +10.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
MakeMyTrip stock forecast and analyst price targets
Analysts’ average 12-month price target for MakeMyTrip is $75.40, +59.1% from the last close, from 5 firms rating the stock in the last 90 days.
$75.40consensus 12-month target, +59.1% from the last close
Now $47.39Avg $75.40
Low $60High $85
Each firm’s latest rating in the last 90 days: 5 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 28 | Bank of America Securities | $60 | +26.6% |
| Aug 4 | Goldman Sachs | $85 | +79.4% |
| Aug 3 | Bank of America Securities | $71 | +49.8% |
| Aug 3 | Bank of America Securities | $71 | +49.8% |
| Jul 14 | J.P. Morgan | $65 | +37.2% |
+1.0%average 20-day move after past Buying readings
+3.0%average move over the next 20 trading days in the last 5 years
±4.3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
MakeMyTrip seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, MakeMyTrip averaged +3.0% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +4.7% | 4 of 5 |
| Next 10 trading days | +4.5% | 3 of 5 |
| Next 15 trading days | +1.9% | 2 of 5 |
| Next 20 trading days | +3.0% | 2 of 5 |
| Next 30 trading days | +4.6% | 3 of 5 |
For scale, MMYT’s typical 20-trading-day move in either direction is about 7.7%.
MakeMyTrip market cap and key statistics
MakeMyTrip’s market cap is $4.46B, with a P/E ratio of 203.8 and revenue of $1.06B over the last twelve months.
Valuation
- Market cap
- $4.46B
- P/E ratio
- 203.8
- Forward P/E
- 96.2
- EPS, TTM
- $0.23
- Gekko Fair Value
- $63.08
Trading
- Volume
- 792,984
- Avg volume, 20 days
- 795,471
- 52-week high
- $98.01
- 52-week low
- $32.67
- Shares outstanding
- 88.76M
Financials
- Revenue, TTM
- $1.06B
- Profit margin
- 3.2%
- Return on equity
- 28.7%
- Quarterly earnings growth, YoY
- −60.8%
Risk and income
- Beta
- 1.00
- Typical daily move
- ±4.3%
- Typical 20-day move
- ±7.7%
MakeMyTrip stock news this week
2 headlines about MakeMyTrip from the past week, newest first, each linking to the publisher.
MakeMyTrip peers
MakeMyTrip’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| GOOGLAlphabet | Neutral | 7.1% above |
| GOOGAlphabet | Neutral | 7.4% above |
| METAMeta Platforms | Neutral | 22.3% above |
| NFLXNetflix | Accumulation | 28.2% below |
| SPOTSpotify Technology | Accumulation | 10.3% above |
| MSTRStrategy | Neutral | 3.3% below |
A peer links to its own page where one exists.
MakeMyTrip stock FAQ
What is MakeMyTrip’s market cap?
MakeMyTrip’s market cap is $4.46B at the Sep 28, 2026 close of $47.39, with 88.76M shares outstanding. The shares trade on a P/E ratio of 203.8.
What is the MakeMyTrip stock forecast?
The consensus analyst 12-month price target for MakeMyTrip is $75.40, +59.1% from the last close. Of the 5 firms that rated the stock in the last 90 days, 5 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is MakeMyTrip stock overvalued or undervalued?
On Gekko’s estimate MakeMyTrip is undervalued: the Sep 28, 2026 close of $47.39 is 24.9% below Gekko Fair Value of $63.08. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does MakeMyTrip report earnings next?
MakeMyTrip is expected to report on Oct 27, 2026, before the market opens (28 days away). Analysts expect earnings of $0.44 per share on revenue of $268.2M. MakeMyTrip beat the earnings estimate in 6 of its last 8 reports, moving 6.1% on average across the report.
What is MakeMyTrip’s 52-week high and low?
MakeMyTrip’s 52-week high is $98.01 and its 52-week low is $32.67; it closed at $47.39 on Sep 28, 2026, −50.5% over the past year. Over the last five years the shares peaked at $123.00 on Dec 10, 2024.
Is MakeMyTrip stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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