Zomato Share Price Target 2024, 2025, 2030, 2040, 2050

Investors from all over the globe have noticed Zomato, a top platform for food delivery and restaurant discovery, thanks to its cutting-edge business strategy and impressive growth.

Potential future share price objectives are of great interest to investors as the firm keeps growing. This article will examine the share price projections for Zomato for the years 2024–2050, considering market trends, financial research, and expert views. The targets are set for 2030, 2040, and 2025.

What is Zomato Ltd NSE: ZOMATO?

In 2008, Zomato Ltd. was founded as an international meal delivery and restaurant aggregator based in India. You can see restaurant details, menus, and reviews written by actual customers, and it even lets you book tables and order meals online. Zomato has a substantial foothold in India and is accessible in 24 other countries.

Fundamental Table for Zomato (As of June 2024)

Company Name	Zomato Limited
Market Cap	₹ 1,71,332 Cr (As of June 2024)
P/E Ratio (TTM)	485.25
Industry P/E	159.63
Debt to Equity Ratio	0.04
ROE	1.72%
Dividend Yield	0.00%
52 Week High	INR 207.20
52 Week Low	INR 72.55
P/B Ratio	8.39
EPS (TTM)	0.40
Book Value	23.14
Face Value	1
Official Website	Zomato Limited

Zomato Share Price Target 2024

Zomato is predicted to reach a turning point in 2024 as it further establishes its dominance in the meal delivery industry. According to investors, shares might rise in value due to the company persistent attempts to boost operating efficiency and broaden its service offerings.

Year	Minimum (₹)	Maximum (₹)
2024	138.43	347

Month (2024)	Minimum (₹)	Maximum (₹)
January	138.43	215.67
February	142.58	220.56
March	146.86	225.57
April	151.26	230.71
May	155.79	236.00
June	180.47	241.40
July	205.28	247.04
August	210.24	282.81
September	225.35	298.73
October	230.61	304.80
November	236.03	321.02
December	241.61	347

Zomato Share Price Target 2025

Zomato will likely continue to profit from its dominant position in the industry and the rising demand for meal delivery services in 2025. The firm is considering strategic investments and possible new collaborations to increase profits and broaden its consumer base.

Year	Minimum (₹)	Maximum (₹)
2025	240.90	586.07

Month (2025)	Minimum (₹)	Maximum (₹)
January	240.90	318.90
February	248.13	337.27
March	255.57	345.89
April	263.24	364.77
May	271.14	383.91
June	279.27	393.33
July	337.65	403.03
August	356.28	413.02
September	405.17	455.31
October	414.32	483.91
November	423.75	514.83
December	433.46	586.07

Zomato Share Price Target 2030

The food tech industry is expected to have changed significantly by 2030, and Zomato will play a vital role in it. The company aims to increase its market share and profitability significantly via innovation and improving the customer experience.

Year	Minimum (₹)	Maximum (₹)
2030	918.52	1178.52

Month (2030)	Minimum (₹)	Maximum (₹)
January	918.52	978.52
February	925.00	985.00
March	932.50	992.50
April	940.00	1000.00
May	947.50	1007.50
June	955.00	1015.00
July	962.50	1022.50
August	970.00	1040.00
September	977.50	1077.50
October	1055.00	1105.00
November	1092.50	1152.50
December	1050	1178.52

Share Price Target 2040

We anticipate that Zomato will have solidified its position as the world preeminent meal delivery service by 2040. The firm aims to provide steady growth and shareholder value through a diverse portfolio and a significant emphasis on sustainability.

Year	Minimum (₹)	Maximum (₹)
2040	1750.00	2000.00

Month (2040)	Minimum (₹)	Maximum (₹)
January	1750.00	2000.00
February	1775.00	2025.00
March	1800.00	2050.00
April	1825.00	2075.00
May	1850.00	2100.00
June	1875.00	2125.00
July	1900.00	2150.00
August	1925.00	2175.00
September	1950.00	2200.00
October	1975.00	2225.00
November	2000.00	2250.00
December	2025.00	2275.00

Share Price Target 2050

Zomato plans to use data analytics and technology to revolutionize the food industry by 2050, improving the consumer experience. Innovation and market expansion will fuel the company ambitious growth goals.

Year	Minimum (₹)	Maximum (₹)
2050	5500.00	6500.00

Month (2050)	Minimum (₹)	Maximum (₹)
January	5500.00	6500.00
February	5550.00	6550.00
March	5600.00	6600.00
April	5650.00	6650.00
May	5700.00	6700.00
June	5750.00	6750.00
July	5800.00	6800.00
August	5850.00	6850.00
September	5900.00	6900.00
October	5950.00	6950.00
November	6000.00	7000.00
December	6050.00	7050.00

Should I buy Zomato stock?

Year	Minimum (₹)	Maximum (₹)
2024	138.43	347
2025	240.90	586.07
2030	918.52	1178.52
2040	1750.00	2000.00
2050	5500.00	6500.00

Bull Case

1. Zomato has a significant presence in the meal delivery sector and is well known.
2. Online meal delivery has a lot of room to develop because of shifting customer tastes and more internet access.
3. Prosperous is branching out into untapped areas and offering a more comprehensive range of services.
4. Investments in technology and ongoing innovation to improve delivery times and the customer experience.
5. The company financials, especially its sales growth and profitability, are expected to improve in the long run.

Bear Case

1. Rivalry from food delivery services like Uber Eats and Swiggy is fierce.
2. Potentially affecting operations include changes to regulations about data privacy, food safety, and labour legislation.
3. Possible interruptions to the supply chain and reliance on third-party delivery carriers.
4. Excessive spending on advertising to maintain current customer base size.
5. The future of the meal delivery model’s profitability and viability is still being determined.

Zomato Ltd Earnings Results

Zomato has been consistently delivering profitable financial outcomes over the last several quarters. Q2 2024 saw the continuation of the company profitable streak, propelled by expansion in its main food delivery operation and its fast commerce subsidiary, Blinkit.

Release Date	Period End	EPS Actual	EPS Forecast	EPS Surprise	Revenue Actual	Revenue Forecast	Revenue Surprise
Jul 30, 2024	06/2024		0.315	0.32		39.79B	39.79
May 13, 2024	03/2024	0.2	0.2065	0.01	35.62B	34.57B	+1.05
Feb 07, 2024	12/2023	0.16	0.1266	+0.03	32.88B	31.52B	+1.36
Nov 17, 2023	09/2023	0.04	0.0359	0	28.48B	26.39B	+2.09
Aug 01, 2023	06/2023		0.0209	24.16B	23.94B	+0.22

Expert Forecasts on the Future of Zomato Ltd.

Top financial experts from Goldman Sachs, Morgan Stanley, and JP Morgan have offered optimistic projections for Zomato, praising the company commanding market position and promising future. Investors who are confident in the company capacity to overcome obstacles and seize development possibilities continue to give Zomato a good outlook.

Conclusion

Zomato has a bright future, with share price objectives set for 2024,2025,2030,2040, and 2050. The goals may change over time, but they always highlight the enormous development potential that Zomato has thanks to its dominant market position, cutting edge business strategy, and effective expansion plans. Nevertheless, before making any investing choices, investors should thoroughly assess the risks and seek advice from financial professionals.

FAQs