MakeMyTrip integrates OpenAI APIs to power 50,000 daily AI travel chats
MakeMyTrip integrated OpenAI’s APIs into its app, enabling over 50,000 daily multilingual AI-driven travel queries and seamless booking transitions for users in Tier-2 and smaller cities, which account for 45% of requests. Shares trade 9.1% below its 20-day SMA and at a 44.15% year-over-year decline, nearing 52-week lows.
1. OpenAI Collaboration Details
MakeMyTrip has integrated OpenAI’s APIs into its app, enhancing its AI-first strategy through the Myra interface. This upgrade supports over 50,000 daily multilingual conversations that guide users from travel inspiration to transaction-ready options, with 45% of queries originating from Tier-2 and smaller cities.
2. Stock Performance and Technicals
The stock is trading 9.1% below its 20-day simple moving average and 28.9% below its 100-day SMA, reflecting a bearish trend. Shares have fallen 44.15% over the past 12 months and hover near a 52-week low of $53.09, while the RSI sits at 34.9% and the MACD remains above its signal line.
3. Analyst Outlook and ETF Exposure
Next earnings are slated for May 13, 2026, with EPS estimates at $0.38 (down from $0.42) and revenue projections of $278.7 million (up from $261.2 million), implying a P/E of 109.2x. Analysts maintain a buy consensus with an average $47.57 target, and the stock holds a 4.64% weight in the India Internet & Ecommerce ETF.