MMYT Stock Analysis: Buy, Sell, or Hold?
MMYT - MakeMyTrip Limited
$36.62
0.32 (0.88%)
▲
5d:
-9.96%
30d:
-35.15%
90d:
-56.01%
HOLD
LOW Confidence
Analysis Updated: Mar 27, 2026 12:00 AM ET
Earnings: May 13, 2026
Smart Money Accumulation
MMYT is down 10.4% this week, but smart money is accumulating calls. Top strike: $55 2026-06-18 with 112 OI. Call ratio: 83% View Scanner →
Strength: 8.5/10
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: MMYT shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: MMYT shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$105.07
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$65.24
43.9% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MMYT is currently trading at $36.62, which is considered oversold relative to its 30-day fair value range of $41.10 to $54.76. From a valuation perspective, the stock is trading at a discount (Forward PE: 16.8) compared to its historical average (30.4). Remarkably, the market is currently pricing in an annual earnings decline of 17.9% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, MMYT is in a strong downtrend. Immediate support is located at $32.67, while resistance sits at $47.69.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $101.90 (+180.7%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, MMYT is in a strong downtrend. Immediate support is located at $32.67, while resistance sits at $47.69.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $101.90 (+180.7%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Fair Price Range
$41.10 -
$54.76
Company Quality Score
44/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
Protect Your Profits
Holding MMYT? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 180.7% below Wall St target ($101.90)
- CAUTION: Recommendation downgraded due to -10.0% 5-day decline
Fair Price Analysis
30-Day Fair Range
$41.10 -
$54.76
Current vs Fair Value
OVERSOLD
Support & Resistance Levels
Support Level
$32.67
Resistance Level
$47.69
Current Trend
Strong Downtrend
Technical data as of
Mar 30, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.82
Wall Street Target
$101.90
(+180.7%)
Revenue Growth (YoY)
10.6%
Earnings Growth (YoY)
-69.6%
Profit Margin
5.5%
Valuation Discount vs History
-17.9% cheaper
PE vs Historical
16.8 vs 30.4
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-17.9%
(market-implied from PE analysis)
1-Year Target
$32.67
(-10%)
2-Year Target
$29.40
(-19%)
3-Year Target
$26.46
(-27%)
3-Yr Target (if PE normalizes)
(PE: 17→30)
$47.83
(+32%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.4, Growth: 31.0%)
$108.78
(+200%)
Base:
(SPY PE: 16.8, Growth: 31.0%)
$81.68
(+125%)
Bear:
(PE: 14.3, Growth: 31.0%)
$69.43
(+91%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (77x PE), but valuation improves significantly next year (17x PE) as earnings recover.
Trailing PE: 76.50 | Current EPS (TTM): $0.52
Bull Case
$87.52
(+115%)
Analyst growth 100.0%, PE expands to 84.2
Base Case
$79.56
(+96%)
Market implied 100.0%, PE stable at 76.5
Bear Case
$27.05
(-34%)
Severe decline -20.0%, PE contracts to 65.0
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 16.8 to 30.4
Stabilization Target:
$65.61
(+80.7%)
PE Expansion Potential:
+80.7%
Share & Embed Analysis
Last updated: March 30, 2026 1:41 PM ET
Data refreshes hourly during market hours. Next update: 2:41 PM
Data refreshes hourly during market hours. Next update: 2:41 PM
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Technical Signals Check
Is MMYT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced MMYT Option Strategies
Professional options setups generated by AI based on today's MMYT price and gamma walls.
