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BKNG vs MMYT
Which Stock Would AI Choose? Booking Holdings (BKNG) vs. MakeMyTrip (MMYT) Stock Comparison
Key Takeaways
- BKNG (Booking Holdings) is the world's largest online travel agency (OTA, a digital platform that sells hotel stays, flights, and other travel services), while MMYT (MakeMyTrip) is an India-focused travel platform spanning air, hotels, buses, and holiday packages.
- Both stocks face similar headwinds from Middle East conflict and softer long-haul travel demand, but their scale, drawdowns, and growth profiles differ sharply.
- BKNG has posted resilient profitability and heavy share buybacks, while MMYT has shown faster constant-currency booking growth despite a revenue miss in its latest quarter.
- Tickeron AI Verdict: BKNG — its relative trend consistency, financial stability, and market positioning give it the edge over MMYT in the current environment.
- For more context, explore BKNG Major News, BKNG Today's Price Move, MMYT Major News, and MMYT Today's Price Move.
- To see which strategies are leading right now, explore Trending AI Robots.
Introduction
Booking Holdings and MakeMyTrip operate at opposite ends of the online travel spectrum, yet both are responding to the same forces reshaping global travel demand. Booking Holdings is a diversified global giant with billions in quarterly gross bookings and industry-leading margins, while MakeMyTrip is a high-growth, India-centric platform riding a structural shift toward online travel booking in one of the world's fastest-growing consumer markets. For investors weighing relative performance, market positioning, and risk, this stock comparison highlights two distinct trade-offs: scale and stability versus growth and emerging-market exposure. Both have faced meaningful share-price pressure in recent months, making the question of which is better positioned for the next phase of the cycle especially relevant.
BKNG Overview and Recent Performance
Booking Holdings is the world's largest OTA by sales, operating brands including Booking.com, Priceline, Agoda, KAYAK, and OpenTable. Its business is built on transaction fees from accommodation, flights, rental cars, and experiences, with a direct-to-consumer mix that has held in the mid-60% range in recent quarters.
In recent market activity, BKNG has traded near its 52-week low and is down roughly 26% year-to-date (YTD, the change since the start of the year). Several factors have weighed on sentiment. The U.S. Federal Trade Commission (FTC) has been probing whether Priceline and an affiliate exposed consumers to higher fees, with reports citing potential penalties exceeding $500 million. European regulators have separately examined fraud-risk practices at Booking.com. At the same time, investors have debated the risk of "AI disintermediation," the possibility that agentic AI tools from major platforms could route travelers directly to operators.
Fundamentals, however, remain strong. The company's latest reported quarter showed revenue of roughly $7.35 billion, up 8% year over year, with operating margins above 34%, robust free cash flow, and more than $7 billion in share repurchases in the first half of the year. A 25-for-1 stock split took effect in April, improving accessibility for retail investors.
MMYT Overview and Recent Performance
MakeMyTrip is a leading Indian online travel platform offering air tickets, hotels and packages, bus and rail ticketing, and corporate travel services. Its growth is tied to India's expanding base of digitally connected travelers and its push into higher-margin non-air categories such as hotels, buses, and intercity cabs.
In its most recent quarter, MMYT reported revenue of $235.2 million, which missed consensus estimates, while earnings per share (EPS, a measure of profit divided by shares outstanding) came in line with expectations at $0.47. Reported revenue rose only 2.5% year over year, but this was heavily distorted by a roughly 10% depreciation in the Indian Rupee (INR) against the U.S. dollar. In constant currency, gross bookings grew 20.9%, and adjusted operating profit rose year over year, reflecting strength in domestic travel, hotels, and bus ticketing.
The stock has been among the more volatile in the travel sector, down sharply over the past 12 months and trading well below its 52-week high. Sentiment has been pressured by subdued international long-haul outbound travel from India, elevated fuel costs, rupee depreciation, and broader geopolitical risk. Offsetting this, management has highlighted a planned Indian listing and continued investment in AI-assisted travel discovery as longer-term catalysts.
Trending AI Robots
Tickeron's Trending AI Robots page curates a selection of AI trading bots from a broader universe of hundreds of automated strategies that collectively trade thousands of different tickers. Each bot operates with its own trading style, timeframe, strategy, performance history, and set of tickers it monitors, so only the strategies best suited to current market conditions earn a place in this featured section. The page lets users compare bots by statistics such as realized returns, trade frequency, and risk profile, making it easier to identify approaches aligned with a given market environment. To see which AI-driven strategies are currently leading, visit Trending AI Robots.
Head-to-Head Comparison
The two companies diverge across several dimensions. BKNG offers a globally diversified revenue base, roughly 34% operating margins, and consistent free cash flow that funds aggressive buybacks. Its risks are concentrated in regulatory scrutiny, AI disintermediation, and softer long-haul international demand, but its balance of scale and profitability provides a buffer. MMYT, by contrast, is a smaller, faster-growing platform with a structural tailwind in India's under-penetrated online travel market and a strong non-air mix that reached over 63% of its business. Its trade-offs include a larger drawdown, currency exposure, a heavier debt profile relative to equity, and dependence on a single, though fast-growing, geography.
On relative performance, BKNG has declined less severely and trades at a moderate price-to-earnings multiple, while MMYT carries a higher earnings multiple despite a steeper year-over-year decline. Analysts rate both favorably, though MMYT carries a "Strong Buy" consensus reflecting its longer-term growth narrative.
Tickeron AI Verdict
Based on observable factors including trend consistency, financial stability, catalysts, and relative positioning, Tickeron's AI would likely favor BKNG over MMYT at this point. Booking Holdings combines a shallower drawdown, higher and more consistent operating margins, stronger free cash flow, and a more diversified global footprint, which together suggest greater relative stability through the current travel-demand softness. While MakeMyTrip offers a compelling long-term growth story in India and a "Strong Buy" consensus, its larger volatility, currency sensitivity, and heavier recent decline introduce comparatively more uncertainty. The verdict is probabilistic rather than definitive and reflects current market positioning rather than a prediction of future returns.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is BKNG is a Hold and MMYT is a Buy.
BKNG sees its Stochastic Oscillator recovers from oversold territory
On November 03, 2026, the Stochastic Oscillator for BKNG moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 56 instances where the indicator left the oversold zone. In 43 of the 56 cases the stock moved higher in the following days. This puts the odds of a move higher at over 77%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BKNG's RSI Indicator exited the oversold zone, 19 of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 76%.
The Moving Average Convergence Divergence (MACD) for BKNG just turned positive on November 03, 2026. Looking at past instances where BKNG's MACD turned positive, the stock continued to rise in 32 of 46 cases over the following month. The odds of a continued upward trend are 70%.
Following a +5.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where BKNG advanced for three days, in 254 of 348 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.
BKNG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BKNG as a result. In 48 of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 61%.
The 50-day moving average for BKNG moved below the 200-day moving average on October 23, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BKNG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 59%.
The Aroon Indicator for BKNG entered a downward trend on October 14, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 1 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 35 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock slightly better than average.
The Tickeron Valuation Rating of 52 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (-10.847) is normal, around the industry mean (0.374). P/E Ratio (17.200) is within average values for comparable stocks, (25.880). Projected Growth (PEG Ratio) (0.900) is also within normal values, averaging (1.617). Dividend Yield (0.011) settles around the average of (0.187) among similar stocks. BKNG's P/S Ratio (4.833) is slightly higher than the industry average of (2.686).
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating fairly steady price growth. BKNG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 89 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
MMYT's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for MMYT turned positive on October 29, 2026. Looking at past instances where MMYT's MACD turned positive, the stock continued to rise in 41 of 50 cases over the following month. The odds of a continued upward trend are 82%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where MMYT's RSI Oscillator exited the oversold zone, 16 of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 67%.
Following a +3.96% 3-day Advance, the price is estimated to grow further. Considering data from situations where MMYT advanced for three days, in 227 of 303 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
MMYT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Momentum Indicator moved below the 0 level on November 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MMYT as a result. In 57 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 70%.
The 50-day moving average for MMYT moved below the 200-day moving average on October 14, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MMYT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.
The Aroon Indicator for MMYT entered a downward trend on November 03, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of 15 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 40 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 63 (best 1 - 100 worst), indicating fairly steady price growth. MMYT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 72 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 84 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: MMYT's P/B Ratio (-61.692) is very low in comparison to the industry average of (0.374). MMYT's P/E Ratio (122.973) is considerably higher than the industry average of (25.880). MMYT's Projected Growth (PEG Ratio) (6.680) is very high in comparison to the industry average of (1.617). Dividend Yield (0.000) settles around the average of (0.187) among similar stocks. MMYT's P/S Ratio (4.737) is slightly higher than the industry average of (2.686).
The Tickeron Profit vs. Risk Rating rating for this company is 85 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MMYT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.
BKNG | MMYT | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 77 | 30 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 52 Fair valued | 84 Overvalued | |
PROFIT vs RISK RATING 1..100 | 35 | 85 | |
SMR RATING 1..100 | 1 | 72 | |
PRICE GROWTH RATING 1..100 | 62 | 63 | |
P/E GROWTH RATING 1..100 | 89 | 40 | |
SEASONALITY SCORE 1..100 | 85 | 15 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
BKNG's Valuation (52) in the Other Consumer Services industry is in the same range as MMYT (84). This means that BKNG’s stock grew similarly to MMYT’s over the last 12 months.
BKNG's Profit vs Risk Rating (35) in the Other Consumer Services industry is somewhat better than the same rating for MMYT (85). This means that BKNG’s stock grew somewhat faster than MMYT’s over the last 12 months.
BKNG's SMR Rating (1) in the Other Consumer Services industry is significantly better than the same rating for MMYT (72). This means that BKNG’s stock grew significantly faster than MMYT’s over the last 12 months.
BKNG's Price Growth Rating (62) in the Other Consumer Services industry is in the same range as MMYT (63). This means that BKNG’s stock grew similarly to MMYT’s over the last 12 months.
MMYT's P/E Growth Rating (40) in the Other Consumer Services industry is somewhat better than the same rating for BKNG (89). This means that MMYT’s stock grew somewhat faster than BKNG’s over the last 12 months.
| BKNG | MMYT | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 76% | 1 day ago 67% |
| Stochastic ODDS (%) | 1 day ago 77% | 1 day ago 82% |
| Momentum ODDS (%) | 1 day ago 61% | 1 day ago 70% |
| MACD ODDS (%) | 1 day ago 70% | 1 day ago 82% |
| TrendWeek ODDS (%) | 1 day ago 74% | 1 day ago 76% |
| TrendMonth ODDS (%) | 1 day ago 57% | 1 day ago 80% |
| Advances ODDS (%) | 1 day ago 73% | 7 days ago 75% |
| Declines ODDS (%) | 8 days ago 59% | 10 days ago 77% |
| BollingerBands ODDS (%) | 1 day ago 72% | 1 day ago 69% |
| Aroon ODDS (%) | 1 day ago 55% | 1 day ago 84% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
BKNG’s FA Score shows that 1 FA rating(s) are green while MMYT’s FA Score has 0 green FA rating(s).
- BKNG’s FA Score: 1 green, 4 red.
- MMYT’s FA Score: 0 green, 5 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
BKNG’s TA Score shows that 5 TA indicator(s) are bullish while MMYT’s TA Score has 4 bullish TA indicator(s).
- BKNG’s TA Score: 5 bullish, 4 bearish.
- MMYT’s TA Score: 4 bullish, 5 bearish.
Price Growth
BKNG (@Consumer Sundries) experienced а +3.68% price change this week, while MMYT (@Consumer Sundries) price change was +10.01% for the same time period.
The average weekly price growth across all stocks in the @Consumer Sundries industry was +1.97%. For the same industry, the average monthly price growth was +1.59%, and the average quarterly price growth was -1.61%.
Reported Earning Dates
BKNG is expected to report earnings on Feb 25, 2027.
MMYT is expected to report earnings on Jan 28, 2027.
Industries' Descriptions
@Consumer Sundries (+1.97% weekly)Consumer sundries companies make products that usually do not have another classification, such as lawn and garden products, pest-control products, pet food and pet products like leashes, collars, and harnesses. Central Garden & Pet Company and Dogness (International) Corporation are examples of companies operating in this industry.
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MMYT and
Correlation & Price change
A.I.dvisor indicates that over the last year, MMYT has been loosely correlated with BKNG. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if MMYT jumps, then BKNG could also see price increases.
| Ticker / NAME | Correlation To MMYT | 1D Price Change % | ||
|---|---|---|---|---|
| MMYT | 100% | -0.22% | ||
| BKNG - MMYT | 50% Loosely correlated | +1.25% | ||
| ABNB - MMYT | 45% Loosely correlated | -2.43% | ||
| CCL - MMYT | 42% Loosely correlated | -2.83% | ||
| LIND - MMYT | 38% Loosely correlated | -10.64% | ||
| TRIP - MMYT | 34% Loosely correlated | N/A | ||
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