Hello friends, today we will talk about Zomato Share Price Target 2023, 2024, 2025, 2026, 2030, in which direction the performance of this company related to food delivery business has the potential to go in the coming years, today we will try to know. Due to the speed with which Zomato is making a strong hold in the food delivery business, every major investor is seen expecting good growth in the company.
Today, along with detailed analysis of Zomato’s business, we will also look at the future opportunities of the company’s business, which will give us a little idea of how much Zomato Share Price Target can show in the coming years. Let us analyze in detail:-
Zomato Share Price Target 2023
If seen in the food delivery business, Zomato appears to be a leading platform in India, looking at the food delivery market in India for the last few years, due to the speed with which it seems to be growing, the company gets a very good profit from it. It is visible. If you look at the platform of Zomato, the number of active users is seen around 32.1 million every month and the number of new users is increasing every year with a good speed.
Along with this, in the coming years also, the company is investing a lot of money on advertising to attract new customers on its platform, due to which it can be expected that there will be even better growth in the coming years. With this, the number of active users on the company’s platform is going to be seen increasing.
Zomato Share Price Target By 2023, as new users will be added on the company’s platform, you can expect to see the first target of 70 rupees, showing the same growth in the business. After this target, you can definitely see another target of 78 rupees very soon.
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Zomato Share Price Target 2024
If seen slowly, Zomato is seen continuously expanding its network to spread its business across the country. Even now, most of the company’s business is seen inside the big cities of the country, due to which Zomato has a lot of opportunities to spread its business rapidly in new small cities in the coming times. appears.
In the last few years, the company is seen offering its food delivery services on many such new pincodes and in the coming days, it is seen making a complete management plan to offer its services at more new locations. . As Zomato will be seen doing its food delivery business at new locations, its benefits will surely be seen on the company’s business slowly.
Zomato Share Price Target 2024: If you look at Zomato Share Price Target till 2024, you can see the first target going around 90 rupees along with earning excellent returns. After that you can definitely see the second target to be Rs 95 profit.
Zomato Share Price Target 2025
Zomato is slowly getting to see its business increasing its presence in the international market along with the Indian market. If seen now, the company’s business is spread in about 23 countries in the international market, which includes many big countries like UAE, Australia, New Zealand, Philippines, Indonesia, Malaysia, USA, from where the company earns around 10 percent. Revenue is seen coming.
In order to increase its presence in its international market in the coming years, the company seems to be making full plans to strengthen its network in its existing international market as well as to spread its business in the market of different new countries. In the coming days, if according to the plan, success is seen in spreading the business in the new international market, then Zomato is definitely going to get a very good benefit from it.
Zomato Share Price Target By 2025, showing very good growth, you can see the first target of Rs 110, as the business will get stronger in the international market as well. And then you can definitely think of holding the second target for Rs.125.
Zomato Share Price Target 2026
Along with the food delivery business, Zomato is also gradually increasing its focus on different revenue sources. The company is seen paying attention to many different revenue sources like Premium Membership, Dining-out services, Hyperpure on its platform from where the company is seeing very good revenue growth.
In the coming times also, Zomato seems to be planning a complete plan to enter the business of online grocery services to increase its revenue source, for which the management has recently invested a large amount on Grofers. It has been seen that as the company’s own `Revenue sources’ will be seen increasing, you will also see growth in the business accordingly.
In the coming years, as the company’s revenue sources will increase, if you look at the Zomato Share Price Target till 2026, you can expect to see the first target of Rs 150 while earning good returns. After that you can see the second target to be Rs 170 for interest.
Zomato Share Price Target 2030
If seen in India, the food delivery market has just started growing slowly, as people’s lifestyle is slowly changing, due to this, more and more people are seen ordering food online. Due to which Zomato being a leading player in the food delivery market, the company is definitely going to get the benefit of this growth.
As the income level of the people is increasing, accordingly, in the food delivery market, the value of the average food delivery order of the customer is also increasing rapidly every year, due to which gradually The expenses of the companies are also seen to be decreasing and due to this, the company is going to get a lot of help in growing its business rapidly in the future.
Looking at the company’s business growth opportunities in the long run, if we look at the Zomato Share Price Target till 2030, there is every possibility of the share price going around Rs 450 along with earning very good returns to the shareholders.
Zomato Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | Zomato Share Price Target |
|---|---|
| First Target 2023 | Rs 70 |
| Second Target 2023 | Rs 78 |
| First Target 2024 | Rs 90 |
| Second Target 2024 | Rs 95 |
| First Target 2025 | Rs 110 |
| Second Target 2025 | Rs 125 |
| First Target 2026 | Rs 150 |
| Second Target 2026 | Rs 170 |
| Target 2030 | Rs 450 |
Future of Zomato Share
To maintain its leading position in the food delivery business, Zomato is trying its best to offer better services to its customers, for this the company is continuously expanding its network along with keeping its platform updated with better technology. The benefit of which the company is definitely going to be seen in the future.
Along with this, Zomato is seen trying its best to enter new business segments by acquiring new companies one after the other to increase the growth in its business. If in the coming time, the company is seen to be successful in strengthening its hold in the new business segment as well, then Zomato will definitely be seen getting its benefits in the future.
Risk of Zomato Share
Talking about the biggest risk in the business of Zomato, the company seems to be doing its business in loss for a long time, if the business of the company remains in loss for a long time, then it will affect the share price of the company. You are also going to be seen having very bad effects.
Talking about the second risk, in the food delivery market, Zomato’s competitor Swiggy is constantly seen adopting new strategies to increase its market share, if more new competitors like Swiggy enter this market in the coming days. If this happens, then Zomato is in danger of losing its market share.
Our Opinion:-
There is no doubt that the food delivery market is going to grow at a good pace in the coming times, Zomato has already established its brand value in this business segment, so the company will definitely benefit from it in the long run. Will be visible to meet. If you are a long term investor and have the ability to take some risk then only you should consider investing in this company. But keep in mind that before taking any investment related decision, do not forget to do a detailed analysis about the business of the company itself or take the advice of your financial advisor.