MMYT
MakeMyTrip (MMYT)
NASDAQ
$63.26+$6.31 (+11.08%)
Price as of Aug 03, 2026 3:20 PM EDT
  • $5.5B
    Market Cap
  • -37.94%
    1-Year Change
  • Travel Services
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 61
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Why MakeMyTrip Stock Is Skyrocketing Today

MakeMyTrip stock surged 9.66% following better-than-expected Q1 earnings ($0.53 EPS vs. $0.43 forecast), despite revenue missing estimates at $285.5M. The stock also benefited from broader travel industry optimism driven by news of potential Iran war de-escalation, which could reduce energy prices and ease travel concerns.

08/03/2026, 12:02 PM • The Motley Fool

MakeMyTrip Hit By Short Seller Morpheus Research Report Alleging Regulatory Violations, Accounting Concerns

MakeMyTrip faced downward pressure after Morpheus Research, an activist short-selling firm, released a report alleging the Indian online travel agency is defying regulators by continuing price parity clauses despite a 2022 CCI order, using accounting 'gimmicks' with a $212 million discrepancy between adjusted and IFRS profits, losing market share to competitors, and failing to protect customers from unsafe hotels while using deceptive web design practices.

03/30/2026, 11:55 AM • Benzinga

MakeMyTrip Deepens AI Push Through OpenAI Collaboration

MakeMyTrip announced a collaboration with OpenAI to integrate AI APIs into its platform, enhancing travel discovery and user engagement across multiple languages. However, the stock faces a bearish technical trend, trading 28.9% below its 100-day SMA and down 44.15% over the past 12 months, despite analyst consensus maintaining a Buy rating with a $47.57 price target.

02/18/2026, 6:47 AM • Benzinga

Peers

Statistics

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Day Range
$55.53
$57.55
$56.95
1-Year Range
$36.30
$103.21
$56.95
Latest Close$56.95
Change
-$0.13 (-0.23%)
Volume794,859
Market Cap$5.5B
Shares Outstanding95.7M
P/E (TTM)158.19
Diluted EPS (TTM)$0.36
Enterprise Value$5.0B

Information as of 07/31/2026

Company Profile

$5.5B
Market Cap
$51.7M
Net Income
Sector: Consumer Cyclical
Industry: Travel Services
Building No. 5, Gurugram, India, 122002
91 12 4439 5000

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.

Key Executives

  • Yuvaraj Srivastava
  • Vipul Garg
  • Sanjay Mohan
  • Ravi Prakash Tyagi
  • Raj Rishi Singh

Current Ownership Distribution

  • Institutions995.5M (77.52%)
  • Mutual Funds288.6M (22.47%)
  • Insiders72,148 (0.006%)
  • Other0 (0.00%)