Its surely yes ..Superb Pleasant weather nowadays and this time you can enjoy the skiing and other snow activities at zero point in Sonamarg and Pahalgam . Also Gandola ride you can visit (highest ropeway )In Gulmarg.
May infact is a good time to visit Kashmir Valley as it's summer in Kashmir and you need not worry about road blocks, non availability of accommodation and transport. Temp will be high in April and it's moderately high in May too compared to other months. But if you really want to experience Kashmir in its full glory either make a trip in September Or October as it is fully green post monsoon and water crossings and rivers will be full or else Post Jan in Winter.
Kashmir is a good idea throughout the year! From Gulmarg, Aru valley, Srinagar, Yusmarg, Tarsar Marsar, to Pahalgam its just the most fulfilling getaway ever! I hope you go for it without hesitation. :)