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Compare Gogoro Inc (GGR) vs MakeMyTrip Ltd (MMYT) Price & Performance

Gogoro IncTrade
MakeMyTrip LtdTrade

Price performance (Past 24H)

Key statistics

Gogoro Inc vs MakeMyTrip Ltd — how do they compare? Gogoro Inc trades at $3.8 (market cap $77.38M), while MakeMyTrip Ltd trades at $54.1 (market cap $5.24B). The key difference: MakeMyTrip Ltd is far larger — about 67.7× Gogoro Inc's market cap. Which is the better fit depends on your goals.

GGRMMYT
Market Cap
$77.38M$5.24B
Sector
TechnologyTechnology
52-Week High
$7.89$103.21
52-Week Low
$2.74$36.30
Enterprise Value
$379.83M$5.89B

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

Gogoro Inc

Gogoro Inc. (GGR) trades at $3.86, up 1.58% on the day, but remains in a technically bearish trend. Fundamentally, the company reported Q1 2026 results highlighting improved margins and positive operating cash flow, though it continues to post significant net losses with a -24.68% net income margin. The analyst consensus is unanimously neutral with a 100% Hold rating, reflecting caution despite recent operational progress.

The outlook is mixed. Opportunities stem from Gogoro's growing battery-swapping subscriber base and expansion into new markets like Vietnam. However, significant risks persist, including sustained unprofitability, high cash burn with a net cash flow of -$46.57M in 2025, and negative shareholder returns evidenced by a -50.38% ROE. The stock's low P/S of 0.21 suggests the market has heavily discounted its growth prospects.

MakeMyTrip Ltd

MakeMyTrip (MMYT) trades at $54.47, down 2.3% on the day amid a broader bearish technical signal. The company shows strong profitability fundamentals with a 73.77% gross margin and consistent earnings beats in recent quarters, though valuation metrics appear elevated with a P/E of 153.56. Recent news highlights stock volatility tied to travel sector pressures, while analyst consensus remains strongly positive with 8 buy ratings.

The outlook balances robust fundamental execution against high valuation and technical headwinds. Investment opportunity centers on continued market share gains in India's travel sector and margin expansion, while risks include travel demand sensitivity, competitive pressures, and the stock's premium pricing relative to earnings growth.

Returns comparison

Trailing returns across standard periods

About Gogoro Inc

Gogoro is a global technology leader in battery-swapping ecosystems for electric two-wheelers. It provides smart, sustainable urban mobility solutions and manages an extensive network of battery stations.

Read more on GGR

About MakeMyTrip Ltd

MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.

Read more on MMYT