MakeMyTrip: Structural Industry Tailwinds To Support Growth Story

MakeMyTrip (MMYT) is upgraded from 'Sell' to 'Buy' after a 55% correction, offering an attractive entry point for long-term investors. MMYT commands a dominant 55-60% market share in India's online travel agency sector, well-positioned to benefit from India's 12-15% travel industry CAGR. Diversified revenue streams—air, hotels, bus, and corporate travel—support growth; bus ticketing led with 27.3% YoY growth in FY26 YTD.

Seeking Alpha • Mar 4, 2026

Brokers Suggest Investing in MakeMyTrip (MMYT): Read This Before Placing a Bet

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Zacks Investment Research • Feb 27, 2026

MakeMyTrip Deepens AI-First Strategy with OpenAI Collaboration

GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #AI--MakeMyTrip today announced that it will collaborate with OpenAI to deepen AI-led travel discovery and capture high-intent travel queries.

Business Wire • Feb 18, 2026

MakeMyTrip: Business Should Continue To Grow For A Long Time

MakeMyTrip Ltd (MMYT) remains a buy as Q3 2026 results show robust revenue and earnings growth across all verticals. GST cuts on hotel rooms drove a 23% y/y surge in mid-to-budget hotel volumes, significantly expanding MMYT's customer funnel. Ancillary services revenue grew 45.5% y/y, enhancing unit economics and offering high incremental margins with minimal acquisition costs.

Seeking Alpha • Jan 27, 2026

MakeMyTrip Limited (MMYT) Q3 2026 Earnings Call Transcript

MakeMyTrip Limited (MMYT) Q3 2026 Earnings Call Transcript

Seeking Alpha • Jan 21, 2026

MakeMyTrip (MMYT) Surpasses Q3 Earnings Estimates

MakeMyTrip (MMYT) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.39 per share a year ago.

Zacks Investment Research • Jan 21, 2026

MakeMyTrip (MMYT) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for MakeMyTrip (MMYT) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research • Jan 21, 2026

MakeMyTrip (MMYT) Stock Sinks As Market Gains: Here's Why

In the most recent trading session, MakeMyTrip (MMYT) closed at $74.32, indicating a -3.01% shift from the previous trading day.

Zacks Investment Research • Jan 16, 2026

MakeMyTrip Limited Announces Repurchase Right Notification for 0.00% Convertible Senior Notes due 2028

GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #ConvertibleSeniorNotes--MakeMyTrip Limited announced that it had issued a Repurchase Right Notice addressed to holders of its 0.00% Convertible Senior Notes due 2028.

Business Wire • Jan 13, 2026

MakeMyTrip Limited to Report Fiscal 2026 Third Quarter Financial & Operating Results on January 21, 2026

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $MMYT #Financialresults--MakeMyTrip Limited plans to report its fiscal 2026 third quarter financial and operating results before markets open on Wednesday, January 21, 2026.

Business Wire • Jan 12, 2026