Zomato, a leading name in the food delivery industry, has its share price targets set for the coming years. For 2024, analysts expect the share price to be around ₹158. Looking further ahead, it’s projected to rise to ₹183 in 2025 and ₹199 in 2026. By 2027, the target is ₹245, with expectations to reach ₹295 by 2028. The positive outlook continues with a forecast of ₹348 in 2029, and a potential peak of ₹412 by 2030. These targets reflect Zomato’s growth prospects and its role in the evolving foodservice market. This article will provide more details on Zomato Share Price Target 2024, 2025 to 2030.
Zomato Company Details
Zomato is a popular online platform that connects people with food. Founded in 2008 in India, it started as a restaurant discovery service and has grown into a major food delivery service. Zomato helps users find restaurants, read reviews, and order food online. It operates in multiple countries and offers additional services like table reservations and food reviews. Known for its user-friendly app and extensive restaurant listings, Zomato continues to play a significant role in the global food industry.
Official Website | zomato.com |
Founders | Deepinder Goyal, Akriti Chopra, Pankaj Chaddah, Gunjan Patidar |
Founded | 2008 |
Formerly Known | FoodieBay (2008–2010) |
Headquarters | Gurgaon, Haryana, India |
Number of employees | 6,173 (2023) |
Category | Share Price |
Zomato Share Price Target Tomorrow
Zomato’s share price is projected to be around ₹158 in 2024. The forecast continues with ₹183 in 2025 and rises to ₹199 in 2026. By 2027, it is expected to reach ₹245, climbing to ₹295 in 2028. The positive trend extends further with a target of ₹348 in 2029 and could hit ₹412 by 2030.
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Zomato Share Price Target 2024
Zomato Share Price Target 2024 expected target at the beginning could be ₹135, mid of the year could be ₹145, and the year-end target could be ₹158.
S.No. | Zomato Share Price Target 2024 (Months) | Maximum Target | MinimumTarget |
1 | January | Rs –Â | Rs –Â |
2 | February | Rs 170 | Rs 135 |
3 | March | Rs 172 | Rs 138 |
4 | April | Rs 174 | Rs 139 |
5 | May | Rs 177 | Rs 143 |
6 | June | Rs 175 | Rs 145 |
7 | July | Rs 180 | Rs 142 |
8 | August | Rs 182 | Rs 147 |
9 | September | Rs 185 | Rs 149 |
10 | October | Rs 188 | Rs 155 |
11 | November | Rs 187 | Rs 158 |
12 | December | Rs 190 | Rs 158 |
Zomato Share Price Target 2025
Zomato Share Price Target 2025 expected target at the beginning could be ₹162, mid of the year could be ₹164, and the year-end target could be ₹183.
S.No. | Zomato Share Price Target 2025 (Months) | Maximum Target | MinimumTarget |
1 | January | Rs 192 | Rs 162 |
2 | February | Rs 199 | Rs 163 |
3 | March | Rs 200 | Rs 166 |
4 | April | Rs 202 | Rs 167 |
5 | May | Rs 200 | Rs 168 |
6 | June | Rs 199 | Rs 164 |
7 | July | Rs 205 | Rs 169 |
8 | August | Rs 206 | Rs 172 |
9 | September | Rs 203 | Rs 177 |
10 | October | Rs 209 | Rs 172 |
11 | November | Rs 212 | Rs 180 |
12 | December | Rs 211 | Rs 183 |
Zomato Share Price Target 2026 to 2030
S.No. | Zomato Share Price Target Years | Maximum Target | Minimum Target |
---|---|---|---|
1 | Zomato Share Price Target 2026 | Rs 248 | Rs 199 |
2 | Zomato Share Price Target 2027 | Rs 288 | Rs 245 |
3 | Zomato Share Price Target 2028 | Rs 362 | Rs 295 |
4 | Zomato Share Price Target 2029 | Rs 490 | Rs 348 |
5 | Zomato Share Price Target 2030 | Rs 550 | Rs 412 |
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Zomato Financials 2023
Revenue | 70.79 Billion INR | ⬆ 68.86% YOY |
Operating expense | 58.37 Billion INR | ⬆ 45.22% YOY |
Net Income | -9.71 Billion INR | ⬆ 19.64% YOY |
Net Profit Margin | -13.72 | ⬆ 52.41% YOY |
Earnings Per Share | -1.20 | ⬆ 4.68% YOY |
EBITDA | -13.43 Billion INR | ⬆ 28.71.00% |
Effective Tax Rate | 4.30% | |
Total Assets | 215.99 Billion INR | ⬆ 0.31% YOY |
Total Liabilities | 21.46 Trillion INR | ⬆ -0.76% YOY |
Total Equity | 194.53 Billion INR |
|
Return on assets | -5.29% | |
Return on Capital | -5.64% | |
P/E Ratio |
|
|
Dividend Yield |
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Zomato Shareholding PatternÂ
FII | 54.88% |
DII | 2.12% |
Mutual Funds | 12.34% |
Retail & Others | 30.66% |
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I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.