Zomato Share Price Target 2023 2024 2025 2026 2030 2040

Last updated on May 30th, 2023 at 08:49 pm

Company Overview:

Zomato is one of the food delivery companies that built a vast network in a short span of time in the country. In July 2021, the company made its first wave on the Stock market when it first offered a public offering (IPO).

Since that time, its share price has been on a roller coaster ride. Investors are closely monitoring its performance to target the best earnings through detailed analytics and marketing strategies. In this article, we will take a closer look at Zomato’s share price targets for the years 2023, 2024, 2025, 2030, and 2040.

Overview of Zomato’s share price 

In this article, you will be able to identify the following major key points that are necessary to keep in mind while investing funds:

factors that could potentially impact Zomato’s share price target in the next few years, such as market trends and competitor activities.

Analyzing historical data to identify patterns or indicators that may predict future changes in Zomato’s stock price

Talk about the role that investor sentiment plays in setting share prices and how news events or company announcements can affect this.

Evaluating current valuations of Zomato shares based on financial metrics such as P/E ratios

Exploring the potential impact of regulatory changes or government policies on Zomato’s share price target in the future

Investigating how zomato’s expansion plans and strategic partnerships may affect its market position and, consequently, its stock performance and discussing the importance of fundamental analysis in assessing a company’s long-term growth prospects, including factors such as revenue growth and profitability

Examining the competitive landscape in which Zomato operates to determine how it stacks up against

Factors impacting sentiment:

Investor sentiment can have a significant impact on the share prices of a company, as it reflects the overall perception of investors toward the company’s future prospects. News events or company announcements can influence investor sentiment, which in turn can affect share prices.

Therefore, when evaluating the current valuations of Zomato shares based on financial metrics such as P/E ratios, it is important to consider the impact of investor sentiment and any news events that may have influenced it.

Its peers are also crucial in assessing its long-term growth prospects. This includes analyzing market share, customer base, and potential threats from new entrants or existing competitors.

Example – Zomato Share Price Target

For example, news of a major partnership with a prominent restaurant chain could boost investor sentiment and drive up Zomato’s share price, while negative reviews on social media could have the opposite effect. Additionally, analyzing Zomato’s financial statements and comparing them to industry benchmarks can provide insights into its profitability and growth potential.

Another important factor to consider is the macroeconomic environment in which Zomato operates. Economic conditions such as inflation, interest rates, and consumer spending can all have a significant impact on the company’s performance.

For instance, a recession may lead to reduced consumer spending, which could negatively affect Zomato’s revenue and profitability.

On the other hand, a growing economy with rising disposable incomes could drive demand for food delivery services and benefit Zomato’s growth prospects. Therefore, keeping an eye on macroeconomic indicators is crucial for making informed investment decisions in Zomato.

Current share price

As of the writing of this blog post, Zomato’s share price is INR 149.95. The company went public in July 2021, and its share price has fluctuated since then.

Zomato share price target for 2023

According to our detailed analyst estimates, Zomato’s share price target for 2023 is INR 225 to INR 250. This estimate is based on the revenue growth of the company, the expanding user base experience, and cost optimization initiatives taken by the company.

An investor should also consider the company’s expansion plans, both within and outside of India, and how this will affect revenue growth in the long run.

This would allow them to delve into a marketing strategy that targets their target audience using social media platforms, as well as run promotional campaigns they have launched in recent years.

Note: Please note that these target prices are based on current market trends and projections and this is also based on various factors such as market conditions, company performance in the market, and global economic strategies.

We always recommend that investors consult with their consultants and do their own analysis before making funding in the stock market.

Zomato recently took over Grofer’s startup and is expected to add to its revenue and profitability in the upcoming years.

Factors to be considered: Zomato Share Price Target

Considering these factors, many analysts and experts are predicting that Zomato’s share price could reach INR 500–600 by the end of 2023, which would mark a significant increase from its current level of around INR 120–130.

You should also note that there are also some risks and uncertainties that could affect Zomato’s share price performance in 2023. For example, the company faces competition from other players in the market that are also online food delivery partners, such as Swiggy and Uber Eats.

Overall, while there are both positive and negative factors to consider, many experts will remain optimistic about Zomato’s prospects and will be expecting its share price to continue rising in the coming years, with a target value of between INR 500 and 600 by the end of 2023.

Zomato Share Price Target: 2024

Before we dive into Zomato’s share price target for 2024, our analysis should also include the company’s current financials. As of April 2023, Zomato had a market capitalization of INR 1,01,155.45 crore and a share market value of INR 160.70. Its revenue in the first quarter of the fiscal year 2023 was INR 2,651 crore, an increase of 14.2% from the previous quarter.

However, the company posted a net loss of INR 332.3 crore in the previous quarter of the year. Despite this, Zomato is taking an optimistic approach, citing increased demand for food delivery services and a shift in consumer behavior towards online ordering and delivery.

To predict Zomato’s share price target for 2024, we need to look at its growth prospects and revenue projections.

According to industry reports, the online food delivery market in India is expected to grow at a compound annual growth rate (CAGR) of 15.3% between 2022 and 2026.

This growth is due to factors like increasing disposable incomes, shifting consumer behavior towards online ordering, and the convenience of food delivery services to the doorstep.

Zomato is well-positioned to take advantage of this growth, with a strong brand presence and a large customer base in the market.

Assuming a CAGR of 10.1% for the online food delivery market in India, you can predict a share price target of INR 230 by the end of 2024. Subsequently, this is a 43% upside from its current share price of INR 160.70, i.e., December 2023.

Don’t forget to read Jubilant Share Price Target 2023 onwards

Prediction Impact factors

Moreover, there are various factors that impact the prediction of the share price value of Zomato’s growth prospects and financials, such as

1. Intense competition from rivals like Swiggy and Dunzo,

2. Changes in consumer behavior and regulatory hurdles

3. The ongoing COVID-19 pandemic could impact Zomato’s performance in the short term.

This is our recommendation to the investors is that they should approach this prediction with caution and do their research before making investment decisions.

Furthermore, understanding Zomato’s corporate governance structure and leadership team could provide a better understanding of the company’s decision-making processes and overall direction.

Here are the Zomato share price targets for 2024 predicted by various financial institutions and analysts:

Comparison Table illustration – Zomato Share Price Target analysts

Zomato share price target: 2025

For the target 2025, first, consider Zomoto’s investigation of financial performance over the last few years and identify any trends or patterns that indicate future growth or risks.

However, an investor should also take into consideration the business model, consumer behavior, and government regulations affecting the food delivery industry.

Zomato Share Price Target: 2026

However, while it is impossible to predict Zomato’s share price with accuracy and certainty, you can look at various factors that may influence its growth in the long term.

If you consider the report of Statista, there is a growth rate in the Indian food delivery market of 9.3% (CAGR) during the years 2021 and 2025. Zomato, a major player in the food market, has a 2026 share price target of INR 310 to INR 360.

Zomato Share Price Target 2030

Furthermore, based on the above table for Zomato’s share price target for 2030, it is clearly seen that the company is expected to experience significant growth in the upcoming years.

You can expect the first target for the end of 2030 to be INR 2500. This would be a 364% increase from the current share price.
According to our expert team, the second target for the end of 2030 is even more ambitious, with a share price value of INR 5000. Ultimately, this would represent a potential increase of 864% from the current share price.
It’s important to note that these are simply projections and should be taken with a grain of salt.

The actual performance of Zomato’s stock may differ from these projections based on a variety of factors, including market conditions and company performance.
However, based on the company’s present performance, this can encourage investors to invest more funds in the food share market.

Follow the below table to get a complete prediction to target Zomato’s share price target for 2030.

Don’t forget to target SBI Share Price 2023 onwards

Predictions for Zomato’s Share Price Target 2040

Based on Zomato’s impressive growth and success in recent years, it’s likely that the company’s share price will continue to rise in the coming years.

However, predicting the exact share price does not come under consideration in any circumstances, but somehow you can target this for 2040, which is between INR 3200 to INR 3433 where INR 3210 (First Target) and INR 3255 (Second Target) as it’s dependent on a variety of factors such as market trends, competition, and global economic conditions.

Nonetheless, Zomato’s strong position in the food delivery industry and its commitment to innovation and expansion give us an indicator of valuable investment opportunities for forthcoming years.

Conclusion

In conclusion, when you are evaluating the current valuations of Zomato shares, it is also important for you to consider not only financial metrics such as P/E ratios but also the impact of investor sentiment and any news events that may have influenced this share price.

Additionally, when exploring the potential impact of regulatory changes, investigating Zomato’s expansion plans and partnerships, analyzing its competitive landscape, and considering the role of social media in shaping investor sentiment all are important factors in evaluating the company’s long-term growth goals and stock performance.