MakeMyTrip AI Price Prediction

MakeMyTrip is profitable with positive EPS of 0.68, but the very high PE ratio of 124.4 implies that the stock price already discounts aggressive future growth. Without detailed revenue and margin history, the valuation looks stretched relative to current earnings power, suggesting expectations may be ahead of fundamentals. Profitability is a positive, yet the risk of multiple compression is material if growth slows.

• Positive EPS of 0.68 confirms the business has moved into sustained profitability, a key milestone for a previously growth-focused online travel platform.
• A PE ratio of 124.4 is extremely rich versus typical market and sector averages, indicating investors are paying a high premium for expected future growth and margin expansion.
• Given the limited visibility on recent revenue and margin trends in the data provided, the valuation appears demanding relative to current earnings, which tempers the otherwise positive signal from profitability.

Alternative data for MakeMyTrip show strong scale in user reach and engagement, with over 41 million monthly web visitors and roughly 304,000 daily app downloads, but growth in these metrics appears flat in the near term. Hiring has declined 18.6% month over month, which could signal cost discipline or a cautious stance on near-term expansion. Social media followings are large and mostly stable with modest growth on Instagram and LinkedIn, indicating a steady brand presence rather than accelerating momentum.

• Web traffic at an estimated 41,454,250 visitors per month and 304,000 app downloads per day highlight a large and active user base, but app download growth is flat month over month (0.0%), suggesting no recent acceleration in user acquisition.
• Job openings at 57, down 18.6% month over month, may indicate a shift toward cost control or slower expansion plans, which can support margins but may also reflect management caution on demand or macro conditions.
• Social media presence is broad (e.g., ~2.5M Facebook followers, ~984k on LinkedIn) with slight growth on Instagram (+1.1% in 90 days) and LinkedIn (+0.6%), but small declines or stagnation on Twitter/X and Facebook point to a mature, stable brand rather than one experiencing rapid engagement growth.

MakeMyTrip combines a profitable business model and large user footprint with a very demanding valuation and technically weak longer-term price trend. While oversold technicals and strong platform scale could support tactical upside, the high PE and soft signals from hiring and flat app growth argue for caution. Overall, the risk-reward profile appears balanced, with both upside from execution and downside from potential multiple compression.

• Profitability and strong traffic/app scale are positives, but the extremely high PE multiple leaves limited margin for error if growth or margins disappoint.
• Technical indicators and alternative data suggest a cautious, range-bound outlook rather than a clear uptrend, leading to an overall neutral stance on the stock at current levels.