MakeMyTrip (MMYT) Expected to Announce Earnings on Wednesday

MakeMyTrip (NASDAQ:MMYT) is anticipated to issue its Q3 2026 results before the market opens on Wednesday, January 21st. Analysts expect the company to announce earnings of $0.43 per share and revenue of $306.2860 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, January 21, 2026 at 7:30 AM ET.

MakeMyTrip Trading Up 0.8%

NASDAQ:MMYT opened at $79.24 on Wednesday. The company has a market capitalization of $8.82 billion, a P/E ratio of 123.81 and a beta of 0.66. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 38.85. MakeMyTrip has a 12 month low of $69.69 and a 12 month high of $120.72. The firm has a fifty day simple moving average of $78.41 and a 200-day simple moving average of $89.08.

Institutional Investors Weigh In On MakeMyTrip

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wasatch Advisors LP increased its holdings in shares of MakeMyTrip by 10.4% during the 3rd quarter. Wasatch Advisors LP now owns 1,115,267 shares of the technology company’s stock valued at $104,389,000 after purchasing an additional 105,407 shares in the last quarter. Man Group plc grew its position in MakeMyTrip by 36.0% during the third quarter. Man Group plc now owns 860,313 shares of the technology company’s stock valued at $80,525,000 after buying an additional 227,566 shares during the period. Sei Investments Co. increased its holdings in MakeMyTrip by 4.1% in the third quarter. Sei Investments Co. now owns 542,079 shares of the technology company’s stock valued at $50,739,000 after buying an additional 21,226 shares in the last quarter. Voloridge Investment Management LLC raised its position in shares of MakeMyTrip by 44.4% in the third quarter. Voloridge Investment Management LLC now owns 438,177 shares of the technology company’s stock worth $41,013,000 after acquiring an additional 134,691 shares during the period. Finally, Balyasny Asset Management L.P. boosted its stake in shares of MakeMyTrip by 53.6% during the 3rd quarter. Balyasny Asset Management L.P. now owns 391,222 shares of the technology company’s stock worth $36,618,000 after acquiring an additional 136,593 shares in the last quarter. Institutional investors and hedge funds own 51.89% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on MMYT. Morgan Stanley reiterated an “overweight” rating on shares of MakeMyTrip in a research note on Wednesday, December 31st. Bank of America decreased their price objective on shares of MakeMyTrip from $115.00 to $113.00 and set a “buy” rating for the company in a research note on Wednesday, December 24th. Weiss Ratings started coverage on shares of MakeMyTrip in a research note on Thursday, October 30th. They issued a “hold (c)” rating on the stock. Finally, Wall Street Zen cut shares of MakeMyTrip from a “hold” rating to a “sell” rating in a report on Friday, October 3rd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, MakeMyTrip currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.33.

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.