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Buy or Sell: Zomato Share Price Target 2023, 2024, 2025, 2027, 2030 to 2050

HP Jinjholiya

24 August 2024

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Today, we’re going on a journey to explore Zomato Share Price Target for 2023 to 2050. We’ll use our knowledge and the company’s growth prospects to make an estimate, as the performance over the years has made many curious about whether Zomato is a wise investment for the long term.

As an investor or a beginner interested in Zomato, it is essential to understand the potential of Zomato’s share price target. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Zomato Share price target for 2023, 2024, 2025, 2027, 2030 to 2050. Additionally, we’ll also consider analyst recommendations from various brokerage firms.

Overview of Zomato

Zomato is a prominent player in the online food delivery industry. Founded in 2008 by Deepinder Goyal and Pankaj Chaddah, the company has established itself as a leading platform for ordering food online. With its headquarters located in Gurugram, Haryana, India, Zomato operates in numerous countries across the globe, serving a wide range of customers.

As an online food delivery platform, Zomato offers a variety of services to both customers and restaurants. Its primary focus is to connect users with local restaurants and facilitate the ordering and delivery process. Customers can explore a vast array of culinary options, browse menus, and place orders conveniently through the Zomato website or app.

Zomato’s extensive network spans multiple countries, making it a convenient option for individuals seeking diverse cuisine choices. The company has expanded its operations to serve customers in several countries, including India, the United States, Canada, Australia, and many more.

Apart from its food delivery services, Zomato also provides restaurant discovery and review features. Users can access detailed information about restaurants, such as reviews, ratings, and photos, helping them make informed decisions when choosing where to dine. This aspect of Zomato’s platform caters to users who enjoy exploring new eateries and sharing their experiences with others.

Over the years, Zomato has become a household name, synonymous with convenient and reliable online food delivery. The company’s dedication to customer satisfaction and its robust network of partner restaurants have contributed to its success in the industry. With an intuitive user interface, a wide range of culinary choices, and a strong presence in multiple countries, Zomato continues to revolutionize the way people order and enjoy food

Keep an eye on Zomato’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Zomato’s share price.

Zomato Share Price Live

Zomato Share Price History

Fundamentals of Zomato

The fundamental analysis of Zomato Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.

The most useful metrics for a fundamental analysis of a company may vary depending on the specific company and industry, as well as the goals and investment strategy of the analyst. here are some additional metrics that can be useful in fundamental analysis.

Zomato Share Price Target

An effective method for evaluating the Zomato share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.

These organizations frequently offer comprehensive assessments of the company’s financial performance, future prospects, and industry trends, accompanied by recommendations and target prices.

Our Recommendation

We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Zomato price target for 2023, 2024, 2025, 2027, 2030 to 2050, based on our knowledge and forecasting.

Zomato Share Price Target 2023

As of 27 May 2023, Given the current share price of INR 67, the minimum target for 2023 could be projected at around INR 80, considering Zomato’s ongoing expansion efforts, revenue growth, and increasing market share.

However, it’s crucial to note that unforeseen market volatility or economic downturns can impact share prices, making it essential to approach investments with caution. The maximum target for 2023 might be estimated at around INR 100 if Zomato demonstrates robust financial performance and successfully capitalizes on market opportunities.

Zomato Share Price Target 2024

For 2024, Zomato’s share price target could witness further growth, potentially reaching a minimum target of INR 120. Factors such as enhanced operational efficiency, increased customer adoption, and favorable industry dynamics can contribute to this growth.

A maximum target of INR 150 might be feasible if Zomato continues to expand its market presence, establishes strategic partnerships, and demonstrates sustained revenue and profit growth.

Zomato Share Price Target 2025

By 2025, Zomato’s share price may experience continued upward momentum. With an increased focus on innovation, technology, and customer-centric strategies, Zomato could achieve a minimum target of around INR 180. Expanding into new geographies, optimizing delivery networks, and driving customer loyalty could be pivotal in achieving this target.

The maximum target for 2025 might reach INR 220 if Zomato maintains its strong market position, successfully diversifies revenue streams, and demonstrates sustained profitability.

Zomato Share Price Target 2026

By 2026, Zomato’s share price may aim for a minimum target of INR 250, driven by sustained business expansion, increased market dominance, and effective cost management. The maximum target for this year could reach INR 300 if Zomato successfully capitalizes on emerging market opportunities and demonstrates consistent financial performance.

Zomato Share Price Target 2027

For 2027, Zomato’s share price might aim for a minimum target of INR 300, considering its potential to penetrate new markets, drive technological advancements, and strengthen its competitive edge. The maximum target could be projected at INR 350, assuming continued business growth and favorable industry conditions.

Zomato Share Price Target 2030

Looking further ahead, the share price target for 2030 might range from a minimum of INR 400 to a maximum of INR 500, driven by Zomato’s sustained expansion, market leadership, and potential entry into new sectors or complementary industries.

Zomato Share Price Target 2050

Share price targets for 2040 and 2050 become highly speculative due to the long-term nature of the forecast. Potential minimum targets for 2040 and 2050 could be estimated at INR 600 and INR 800, respectively, assuming Zomato maintains its growth trajectory and adapts to changing market dynamics. Maximum targets for these years might reach INR 800 and INR 1000, respectively, considering Zomato’s ability to continuously innovate, capture new markets, and deliver strong financial performance.

It is important to note that stock prices are influenced by a variety of factors, including economic conditions, industry trends, company performance, and investor sentiment.

These factors can change rapidly and impact the stock price of Zomato and other companies. It is important to consult with a licensed financial advisor or conduct your own research before making any investment decisions