From Nasdaq: 2025-06-20 18:15:00

MakeMyTrip (MMYT) closed at $93.76, down 0.87% from the previous day, lagging behind the S&P 500’s 0.3% loss. The company’s shares had gained 6.76% over the past month, outperforming the sector and S&P 500. Analysts project a revenue of $216.03 million for the upcoming earnings release, a 28.06% increase from last year.

The Zacks Consensus Estimates for MakeMyTrip indicate earnings of $1.71 per share and revenue of $946.59 million for the full year, reflecting changes of +40.16% and +20.97% from last year. Analysts’ confidence in the company’s performance is reflected in positive revisions to estimates, which impact stock price performance.

MakeMyTrip currently holds a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 55.31, a premium compared to its industry average. The Internet – Delivery Services industry has an average PEG ratio of 2.32, with MakeMyTrip’s ratio at 4.07. The industry is in the bottom 36% of Zacks Industry Rank.

Research Chief identifies a top stock with explosive upside potential, targeting millennial and Gen Z audiences. With nearly $1 billion revenue last quarter, the company presents a compelling opportunity. Now could be the ideal time to invest, with historical winners like Nano-X Imaging showing significant growth potential.



Read more at Nasdaq: Here’s Why MakeMyTrip (MMYT) Fell More Than Broader Market