In the most recent trading session, MakeMyTrip (MMYT) closed at $74.84, indicating a +2.38% shift from the previous trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the latest trading session, MakeMyTrip (MMYT) closed at $71.39, marking a +1.54% move from the previous day.
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.
MakeMyTrip remains a Buy, supported by strong execution, rapid international and non-air business growth, and a fundamentally sound, diversified model. Q2 earnings highlight resilient core performance, with adjusted operating profit up 17.9% year-over-year despite headline IFRS net loss from non-cash items. MMYT's international segment is accelerating, gaining market share and building a structural moat through direct supply contracting and curated travel packages.
MakeMyTrip Limited (NASDAQ:MMYT ) Q2 2026 Earnings Call October 28, 2025 7:30 AM EDT Company Participants Vipul Garg - Senior Vice President of Investor Relations Rajesh Magow - Co-Founder, Group CEO & Director Mohit Kabra - Group COO & Director Conference Call Participants Sachin Salgaonkar - BofA Securities, Research Division Manish Adukia - Goldman Sachs Group, Inc., Research Division Aditya Suresh - Macquarie Research Gaurav Rateria - Morgan Stanley, Research Division Presentation Vipul Garg Senior Vice President of Investor Relations Hello, everyone. I am Vipul Garg, Senior Vice President, Investor Relations at MakeMyTrip Limited and welcome to our fiscal '26 Second Quarter Earnings Webinar.
The headline numbers for MakeMyTrip (MMYT) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
MakeMyTrip (MMYT) closed at $90.73 in the latest trading session, marking a +1.92% move from the prior day.
The latest trading day saw MakeMyTrip (MMYT) settling at $94.34, representing a +2.17% change from its previous close.
MakeMyTrip (MMYT) closed at $96.39 in the latest trading session, marking a -1.64% move from the prior day.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
I maintain my buy rating on MMYT, as 1Q26 results confirm resilient demand and strong execution, despite temporary headwinds. MMYT's market leadership is solidifying, with gains in domestic air ticketing share and a rational competitive environment, supporting future growth. International operations have become a key growth driver, now accounting for 27% of revenue and providing a buffer against domestic volatility.