MakeMyTrip

MakeMyTrip is seen as a pioneer in integrating AI agents into trip planning and has shifted to conversational commerce with the AI agent Myra and OpenAI APIs. Investors are worried about structural risks for OTAs, including disruptions to the discovery funnel, pressure on take rates and higher costs for hyper-personalization, which led to a valuation correction; MakeMyTrip experienced the largest drop of around 35%. OTAs are currently trading at 13 times estimated 2027 earnings, with MakeMyTrip still slightly valued above global peers despite a normalizing premium. The industry is banking on proprietary data, fulfillment advantages and integration with large language models to secure AI-driven traffic and boost cost efficiency. » More on de.investing.com

MakeMyTrip shares hit a 52-week low at $47.58; the stock is down 48.17% year-to-date, about 52% over the past six months and nearly 41% since the start of the year. Despite the price decline, the company was profitable over the past twelve months and has a market capitalization of $4.56 billion. Analysts see recovery potential with price targets between $85 and $117, while Goldman Sachs maintained a "Conviction Buy" rating; in Q3 2026 MakeMyTrip reported revenue growth of 20% year over year. » More on de.investing.com

MakeMyTrip's stock fell to a 52-week low of $53.08 after a decline of around 41% over the past year. Analysts remain optimistic despite pressure in the travel sector and cite price targets between $85 and $117; several firms reaffirm buy ratings with slightly adjusted targets. The company reported third-quarter revenue growth of 20% year over year, while hotel volume slowed and the air segment gained momentum. » More on de.investing.com