MMYT is a travel firm focusing on Indian travel and tourism, with a focus on travel between the India and the U.S. MMYT offers accommodations for air travel, vacation packages, lodging, transportation, and travel insurance.

MakeMyTrip will announce its latest earnings report in early 2025. For the full year, it’s expected the company will bring in revenue of nearly $969 million, with per-share earnings of $1.61. Those figures would represent increases of 32% and 23.8%, respectively, over last year’s performance. For its upcoming quarterly report, MMYT is expected to show revenue of $256.7 million and EPS of $0.44, which would be 19.8% and 25.7% increases, respectively.

It’s no wonder MMYT shares are up 150% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Flocking to MakeMyTrip

Institutional volumes reveal plenty. Recently, MMYT has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in MMYT shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of discretionary names are under accumulation right now. But there’s a powerful fundamental story happening with the MakeMyTrip.

MakeMyTrip Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, MMYT has had strong sales and earnings growth:

• 3-year sales growth rate (+71%)
• 3-year earnings growth rate (+47.5%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +57.3%.

Now it makes sense why the stock has been powering to new heights. MMYT has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

MakeMyTrip has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last two years. The blue bars below show when MMYT was a top pick…with shares soaring after:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

MakeMyTrip Price Prediction

The MMYT rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in MMYT at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.

This article was originally posted on FX Empire

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