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Zomato Share Price Target 2023, 2024, 2025, 2026, 2030

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Zomato Share Price Target: Hello, and welcome to this article. Today, we’ll review Zomato’s operations, how it earns profits, potential growth areas and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Zomato shares.

In addition, after analysing the company’s stock, we will share the results with you, so that you will have an ideas about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Zomato Share Price Target 2023, 2024,2025, 2030.

Before dive into Zomato stock price targets let’s look at the Zomato company background, the technical basics, fundamental analysis, shareholders, future potential etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company history and its complete business structure.

Zomato Company Details

This is the first business in the country to start Online Food Delivery. The company was established in 2008 by its CEO and founder, Deepinder Goyal.

The company has seen impressive growth in a short amount of time. The company’s work is excellent, as you can access the Internet only.

Zomato Limited is a popular internet-based Food Service platform boasting significant food sales. The range of services offered by Zomato includes food delivery, dining-out facilities, loyalty programs, and many more.

At the end of December 31, 2020, Zomato was firmly established in 23 countries and had an active network of 131,233 engaged food delivery businesses with 161,637 committed delivery partners.

It was impressive that the platform offered monthly average customers of 10.7 million foodies.

According to your preferences and in line with your budget, you may order diverse types of food at the restaurants you prefer or from hotels at your home. In addition, you can also read reviews of the restaurant or hotel, and after that, you can share your thoughts.

Zomato’s market capitalization is currently at Rs 81,570 crore. In addition, an additional advantage of this company is that it doesn’t have any debt, which means that Zomato won’t need to worry about any issues in expanding its operations.

We will now discuss everything we can about Zomato Share Price Targets and Long-Term Targets.

Zomato Share Price Target 2023

When it comes to food delivery services, Zomato appears as a prominent business with a strong presence in India in this field.

In the past few years, there has been a surge in the market for food delivery in India, and the market is expanding rapidly and is expected to continue to expand.

Due to the increased demand, companies such as Zomato operating in this field are gaining significant benefits from it.

The number of active users each month on Zomato’s platform is approximately 32.1 million, and every year, new users are added extremely quickly.

It is a great way to connect with the Zomato platform. Friends, let me inform you that most urban people are attracted to Zomato.

At present, however, its business has exploded into rural regions. The company will do lots of work in the coming years to attract new customers to its platform.

It also spends on advertising. Because of this, the company will likely expand the number of users on its platform over the next few days faster. This will benefit the company.

In this scenario, Zomato can provide a substantial return to shareholders. If we consider Zomato shares price targets for 2023, the first target may be Rs 80, while the second target is likely around Rs 95.

Zomato Share Price Target 2024

With new customers constantly being added to the platform, Zomato’s share price target for 2024 should be able to witness growth in the company’s operations.

The company’s financial position could be better in any way. However, it’s not like the company is willing to accept every single thing,

Zomato continues to increase its business, which is an excellent and beneficial decision from a growth point of view. Zomato is specifically targeting customers who don’t want to leave their homes or areas and prefer to make orders from home.

The company’s management is spending a lot of funds on advertising and marketing to alter its image. In addition, Zomato is also buying numerous companies. Take Uber Eats, for example, which was acquired by Zomato in 2021.

The business finds this method to be risky. This strategy may work in some cases. However, it is not always successful.

If we consider Zomato’s Share Price Target in 2024, the first target for 2024 is predicted to be at least Rs 100, while the second target is Rs. 115.

Zomato Share Price Target 2025

The truth is that any business can expand its operations only if its management has a positive attitude. When we talk about the management of Zomato, they are positively conducting business. The general public and experts have high hopes for Zomato.

It is important to inform you that the company has yet to pay any dividends since it was listed.

The fact that it has not given dividends isn’t necessarily a bad thing. Zomato uses all its profits on expanding its business rather than spending it as a dividend, which is beneficial.

However, Zomato hasn’t given any kind of bonus as of now. If we consider Zomato’s Peer Companies, businesses such as Just Dial, Matrimony.com, and One 94 Comm are visible within it. The Friends group, Zomato, has been steadily increasing revenue.

However, it is unable to achieve significant growth in its profits. This is one of the reasons why the business isn’t able to expand at a rapid rate. If we look at Zomato’s Share Price Target for 2025, the first target will likely be Rs 130, and the next one is Rs 140.

Zomato Share Price Target 2026

The company’s management is focusing on enhancing its network to expand its presence in the global market in the next few years. Apart from that, it’s looking to expand its operations across a variety of new countries, too. What is coming

In the near future, should everything go according to plan, Zomato will successfully expand its operations into the international market. Zomato will benefit significantly from the global market. However, many businesses are operating internationally.

It provides services similar to Zomato exclusively. In such a scenario, the company would have to be extremely hard at it.

When we analysis the pattern of its shareholdings, 54.43% Fll, 35.64% Public, 9.93% Dll, and Promoters have 0% of their holdings. Making a profit is the greatest challenge facing any company.

If Zomato can earn a good profit in the near future, it is possible to find extremely favourable future Targets for this stock.

If we consider Zomato’s Share Price Target for 2026, the first target of 2026 can be viewed as up to Rs 160, and the next target is up to around Rs 190.

Zomato Share Price Target 2030

Zomato is in the midst of fierce competition from other companies in the same sector. Zomato is among the biggest companies currently in its industry. Because of this, the company has received a lot of anticipation from investors.

This is not all; Zomato is also part of India’s biggest Hyperlocal Delivery Network. Zomato has been steadily increasing its Market share in the form of gross order value over the last five years.

If the company can become a profitable business in the next few days, then investors in the company can expect to reap huge gains.

Following the point of profitability, it is possible to experience a massive expansion in the business. However, if this does not occur, investors could be liable for significant losses.

It remains to be observed what happens to the business in the coming years. The company is likely to earn good profits by 2030.

However, if we examine Zomato’s Share Price Target for 2030, The first goal for 2030 is Rs. 550.

Its next target of 2030 is anticipated to go up to Rs 700. It could be higher, and it could be lower, but it’s totally dependent on Zomato tax.

Zomato Share Price Target Table

YearsTargets (₹)
20231st Target- Rs.80
2nd Target- Rs.95
20241st Target- Rs.100
2nd Target- Rs.115
20251st Target- Rs.130
2nd Target- Rs.140
20261st Target- Rs.160
2nd Target- Rs.190
20271st Target- Rs.205
2nd Target- Rs.280
20281st Target- Rs.295
2nd Target- Rs.400
20301st Target- Rs.550
2nd Target- Rs.700

What are the risks of Zomato Share?

Zomato may be one of the top companies within its industry in India, but it faces many risks, too. The most significant risk we can see in Zomato’s business is the company has been operating at a loss for quite a while and has been operating in the loss.

If the industry’s business continues to be in the red for a long time, then it’s likely to negatively affect the company’s share price. We’ve already mentioned that sales are rising. However, it isn’t in a position to grow its profits.

However, it is a huge risk that, in the food delivery industry, Zomato’s competitor, Swiggy, is constantly increasing its market share and implementing new strategies to achieve this. It is a concern that the future looks positive in this industry and

If other new competitors like Swiggy join the market over the next few days, the company Zomato might also be facing the possibility of losing market share.

What is the future of Zomato?

The future of Zomato is likely excellent as Zomato is debt-free. If the company is debt-free, investors’ confidence grows in the business. Zomato constantly strives to provide good customer service to remain at the top in food delivery.

To do this, the business is constantly updating its platform to time with more modern technology. There is a chance that Zomato will benefit from its technology in the near future.

In addition, with the future at the forefront, Zomato is also emphasizing its efforts to increase the growth of its business.

If, in the next few years, Zomato expands its position in the emerging business segment, Zomato will reap all the benefits it can in the near future.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to Zomato Share Price Target, where you can find out what Zomato is, its businesses, and Zomato Share Price Target 2023, 2024, 2025, 2026, 2030.

Share price targets are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Zomato’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Zomato so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

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