MakeMyTrip (MMYT) Projected to Release Quarterly Earnings on Tuesday

MakeMyTrip (NASDAQ:MMYT) is expected to be releasing its Q1 2027 results before the market opens on Tuesday, July 28th. Analysts expect MakeMyTrip to post earnings of $0.1513 per share and revenue of $292.1420 million for the quarter. Individuals may visit the the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 7:30 AM ET.

MakeMyTrip Trading Down 2.6%

Shares of MakeMyTrip stock opened at $53.22 on Tuesday. The company has a market cap of $5.92 billion, a PE ratio of 212.88 and a beta of 0.98. The company has a 50 day moving average of $48.60 and a 200-day moving average of $52.66. MakeMyTrip has a 1-year low of $32.67 and a 1-year high of $104.99.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MMYT. Banco Santander S.A. bought a new position in MakeMyTrip during the 4th quarter worth $350,000. Federation des caisses Desjardins du Quebec lifted its holdings in MakeMyTrip by 33.8% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,306 shares of the technology company’s stock worth $271,000 after buying an additional 836 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of MakeMyTrip by 18,947.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,000 shares of the technology company’s stock valued at $328,000 after buying an additional 3,979 shares during the last quarter. Coldstream Capital Management Inc. bought a new stake in shares of MakeMyTrip in the 3rd quarter valued at about $231,000. Finally, Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of MakeMyTrip in the third quarter valued at about $281,000. Institutional investors own 51.89% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on MMYT shares. HSBC initiated coverage on MakeMyTrip in a research report on Thursday, July 2nd. They issued a “buy” rating and a $70.00 target price on the stock. The Goldman Sachs Group set a $84.00 price target on shares of MakeMyTrip in a research note on Saturday, June 27th. Citigroup reaffirmed a “buy” rating on shares of MakeMyTrip in a report on Tuesday, May 19th. Zacks Research cut shares of MakeMyTrip from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Finally, Wall Street Zen downgraded shares of MakeMyTrip from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.75.

About MakeMyTrip

MakeMyTrip Inc is an online travel company that provides a comprehensive suite of travel products and services through its website and mobile app platform. The company’s offerings include air ticketing, hotel reservations, holiday packages, rail and bus ticket bookings, ancillary travel services such as travel insurance and visa assistance, and corporate travel management solutions. By leveraging technology-driven platforms, MakeMyTrip aims to deliver convenience, competitive pricing, and a seamless booking experience for both retail and business customers.

Founded in June 2000 by Deep Kalra, MakeMyTrip has grown to become one of India’s leading travel technology firms.