Zomato Ltd Share Price Target – 2022, 2023, 2024, 2025, 2026 and 2030

If you are looking for “Zomato Ltd share price targets” for upcoming years you are in the right place. Before we dive into Zomato Ltd stock price targets, Let’s understand the Zomato Ltd company background, technical fundamentals etc.

About Zomato Ltd Limited

zomato
Zomato Ltd

Zomato Ltd is a food delivery company in India, and its Indi’s most used food ordering app by its users. It got launched in 2010, Initially, they were only listing the restaurant details on its platform, later back in 2015 it started its food delivery services.

Latest Story: Rakesh Jhunjhunwala Passes away at 62

Fundamentals of Zomato Ltd

Let’s look at the fundamentals of Zomato Ltd, based on which we can get a clear understanding of the expertise in the food delivery sector

  • Current Market Cap: The current market cap of Zomato Ltd as of August 2 2022, is ₹ 43,996.75 Cr.
  • P/E Ratio: The current price to earning ratio of Zomato Ltd is 0
  • Sales Growth: Sales growth over the period of time for Zomato Ltd is -26.64%
  • Profit Growth: Profit growth is around 63.85 % over the period of time

Zomato Ltd Price Target Details

We have done a complete analysis of Zomato Ltd and have come up with its share price targets for upcoming years.

Zomato Ltd Chart Analysis - Trading view
Zomato Ltd Chart Analysis – Trading view

Note: These price targets of “Zomato Ltd” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.

Zomato Ltd share price target 2022

After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Zomato Ltd we found, and also the Q1 results which got announced on August 2, gave a positive rally in the BSE nad NSE exchanges, it shot up to 20% gains in just 1 day, which was highly unexpected. The current share price of Zomato is ₹54.

The target share price of Zomato Ltd for the year 2022 will be ₹70

Zomato Ltd share price target 2023

Looking at the market trend in increase food ordering segment zomato is the major player, even though swiggy also trying to capture the market, and recent Amazon also launched its food ordering business model. However, there is heavy competition, the brand value zomato has been created no other company could produce.

The target share price of Zomato Ltd for the year 2023 will be ₹110

Zomato Ltd share price target 2024

The target share price of Zomato Ltd for the year 2024 will be ₹150

Zomato Ltd share price target 2025

The target share price of Zomato Ltd for the year 2025 will be ₹210

Zomato Ltd share price target 2026

The target price of Zomato Ltd for the year 2027 will be ₹300

Zomato Ltd share price target 2027 to 2030

The target share price of Zomato Ltd for the years 2027, 2028, 2029, and 2030 will be ₹340, ₹420, ₹550, and ₹620 respectively.

Year Zomato Ltd Share Price Targets (₹)
202270
2023110
2024150
2025210
2026300
2027340
2028420
2029550
2030620
Photo of author

Gopal Kavalireddi

Head of Stock Market Research @FYERS, Also a contributor in StockIPO, I have more than 10 years of experience in the stock market and investments. I have degree of M.S., PGPM, MDP.

Leave a Comment

FREE Investment and Trading Tips