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.
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.
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
Zomato has a significant presence in the meal delivery sector and is well known.
Online meal delivery has a lot of room to develop because of shifting customer tastes and more internet access.
Prosperous is branching out into untapped areas and offering a more comprehensive range of services.
Investments in technology and ongoing innovation to improve delivery times and the customer experience.
The company financials, especially its sales growth and profitability, are expected to improve in the long run.
Rivalry from food delivery services like Uber Eats and Swiggy is fierce.
Potentially affecting operations include changes to regulations about data privacy, food safety, and labour legislation.
Possible interruptions to the supply chain and reliance on third-party delivery carriers.
Excessive spending on advertising to maintain current customer base size.
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.
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
At the beginning of 2024, Zomato had a share price of ₹138.43.
Market demand, competitiveness, regulatory changes, financial performance, and growth expectations are some elements that impact Zomato share price.
Over the last year, Zomato has surpassed rivals such as Swiggy and Uber Eats in share price performance.
Investors should be aware that Zomato faces challenges such as fierce competition, regulation changes, reliance on third-party partners, and doubts about the long-term sustainability of the meal delivery business model.
The price forecasts suggest that 2024 or 2025 would be the ideal year to purchase Zomato shares, given that the firm anticipated substantial expansion in the coming years.
