--- title: "MakeMyTrip Limited Stock 12‑Month Price Target Cut to $70.4, Implies 49% Upside" type: "News" locale: "en" url: "https://longbridge.com/en/news/288469693.md" description: "MakeMyTrip Limited's average 12-month price target was cut from $71.9 to $70.4 by analysts, implying a 49% upside based on the June 1 closing price. Forecasts range from $58 to $85 per share. Despite the downward revision in the target, the consensus rating among 11 covering analysts remains 'Buy', with no holds or sells reported." datetime: "2026-06-02T19:20:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288469693.md) - [en](https://longbridge.com/en/news/288469693.md) - [zh-HK](https://longbridge.com/zh-HK/news/288469693.md) --- # MakeMyTrip Limited Stock 12‑Month Price Target Cut to $70.4, Implies 49% Upside - According to estimates from 10 analysts, MakeMyTrip Limited stock's average price target has fallen from $71.9 to $70.4, with forecasts ranging from $58 to $85 per share - Based on the Jun. 1 closing price, the updated target implies approximately 49% potential upside - Consensus rating remains at “Buy” across 11 covering analysts, with 11 Buys, 0 Holds and 0 Sells Explore more price target data and ratings for MakeMyTrip Limited on the , and track all previous and future analyst recommendations for MakeMyTrip Limited in the dedicated News Flow. **Disclaimer** Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This information is not a recommendation for what you should do personally and does not constitute investment advice. ### Related Stocks - [MMYT.US](https://longbridge.com/en/quote/MMYT.US.md) - [FDS.US](https://longbridge.com/en/quote/FDS.US.md) ## Related News & Research - [Assessing MakeMyTrip (MMYT) Valuation After Recent Share Price Weakness](https://longbridge.com/en/news/288921758.md) - [MMT eyes India listing, cautions against impact if West Asia war continues](https://longbridge.com/en/news/288465488.md) - [MakeMyTrip (MMYT) Is Up 9.3% After Buybacks Continue Despite Earnings Pressure From West Asia Disruptions](https://longbridge.com/en/news/288282600.md) - [This Analyst Just Upgraded Chipotle Stock. Here's Why.](https://longbridge.com/en/news/289079873.md) - [Sugar Prices Tumble as Crude Oil Plunges](https://longbridge.com/en/news/289217660.md)