MakeMyTrip Limited (MMYT) Stock

MakeMyTrip's stock has increased by 127.23% over the past year, thanks to impressive growth and positive market conditions, with promising results expected for FY 2025. Although it has a high valuation, a TTM PEG of 0.18 indicates that MMYT might be undervalued, especially with strong growth potential in India's expanding travel sector. The company has reported positive earnings for nine quarters in a row, mainly from its hotels and packaging division, and has opportunities for international growth.

I maintain my buy recommendation for MakeMyTrip Ltd. because of its strong position in the market, large scale, and innovative products that support growth and profits. The company's results for the third quarter of 2025 showed a 25% year-on-year increase in revenue and a 38% rise in adjusted EBIT, which strengthens its positive growth outlook. Additionally, MMYT's focus on investing in smaller cities and introducing new features like GenAI and part-payment options improves its competitive edge and helps keep customers loyal.

MakeMyTrip Limited (NASDAQ:MMYT) will hold its Q3 2025 earnings call on January 23, 2024, at 7:30 AM ET. The call will feature company representatives including Vipul Garg, Rajesh Magow, and Mohit Kabra, along with participants from various financial institutions. Vipul Garg will begin the call by greeting everyone.

MakeMyTrip (MMYT) reported quarterly earnings of $0.39 per share, which is lower than the Zacks Consensus Estimate of $0.43 per share. In comparison, the company earned $0.35 per share during the same period last year.

In the most recent trading session, MakeMyTrip (MMYT) finished at $105.29, which is an increase of 0.18% compared to the day before.

MakeMyTrip (MMYT) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

This Industry Outlook article features GoDaddy, MakeMyTrip, QuinStreet, and Asure Software.

MakeMyTrip Limited is set to announce its financial and operational results for the third quarter of fiscal 2025 on Thursday, January 23, 2025, before the markets open. This information comes from a recent announcement. The company is based in Gurugram, India, and New York.

In the latest trading session, MakeMyTrip (MMYT) finished at $112.30, showing a decrease of 0.53% compared to the day before.