Zomato share price target 2024, 2025, 2026, 2028, 2030, 2035

Zomato is an online food delivery and restaurant discovery platform for users. It was listed on both the NSE and BSE exchanges on Friday, July 2021. Gurgaon-based company has grown rapidly in the Indian market as well as in other 23 countries across the world. Its share price is almost stable over time, it has seen some ups and downs, but still, we can target its future share price.

But, before estimating its share value in the market, we need to share its basic information. Zomato is a popular online food delivery company and also provides other services. The company is located in Gurgaon, Haryana, India, and Deepinder Goyal is the Founder and CEO of this company.

Zomato was founded as a FoodieBay in 2008 by Deepinder Goyal and Pankaj Chaddah. Later it has changed to Zomato and presence in top countries like the USA, Australia, UAE, UK, Qatar, etc.

The company reported revenue of Rs 7,761 crore in FY23, with total assets of Rs 16,767.20 crore. In 2023, the net profit is negative. But, now the company is in a boom and the price has increased by 98.15% in just 6 months.

Currently, its share price is Rs 124.60 (high), and just 6 months ago it was only Rs 51. Our analysis shows that it could reach Rs 225.10 to Rs 325.50 by the end of 2025.

YearTarget PriceChange
2023128.4036.29%
2024175.00172.74%
2025350.20219.63%
2026410.40235.51%
2027430.80301.21%
2028515.15348.01%
2029575.25379.28%
2030615.40410.28%

Zomato Limited – Overview

Zomato Limited was established in 2010 and is based in Gurugram, India. The company operates as an online food delivery company in India and internationally. Its mobile technology platform connects customers, restaurant partners, and delivery partners.

The company also operates HyperPure, a procurement solution that supplies ingredients and kitchen products to restaurant partners. Its platform helps to find and discover restaurants.

Zomato Stock Forecast:

See also – SBI share price target for 2025 2030

Fundamentals of Zomato

Zomato is one of the leading online food delivery and hotel discovery platforms. Its trading volume is 169,788,452 and its market cap is ₹ 40,150 Cr. The below table contains brief information about Zomato stock:

Company nameZomato
IndustryOnline Food Ordering
Founded2008
CountryIndia
Primary ExchangeNSE/BSE
Face Value1
Official websitewww.zomato.com

Zomato historical prices (last 2 years)

You can check the statistics of Zomato’s share price for the last 2 years i.e. 2021 and 2022 in the below table:

YearMonthLow (₹)High (₹)
2021Jul115.00138.92
2021Nov136.80161.30
2022Jan129.00142.45
2022Jul53.3561.50
2023Dec113.20124.60

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Note: You are advised that the target price is based on our research, experience, and technical analysis. This is only an estimated value that may differ from the actual price. Therefore, you are advised to do your research and consult with your financial advisor.

Zomato share price target for 2024

In 2024, as per our research and forecast system, the minimum target price for Zomato shares is Rs 165.20 to Rs 195.50, while the average is Rs 178.80 to Rs 188.10. At the end of the year, the highest target price for Zomato shares is Rs 205.40 to Rs 228.40 by 2024.

  • Target-I: Rs 178.80 to Rs 188.10
  • Target-II: Rs 205.40 to Rs 228.40

Zomato share price target for 2025

As per our forecasting system, the minimum price range of Zomato shares in 2025 is Rs 225.50 to Rs 238.20. While the maximum target price of Zomato shares is Rs 242.40 to Rs 265.00 at the end of the year.

  • Target-I: Rs 225.50 to Rs 238.20
  • Target-II: Rs 242.40 to Rs 265.00

Zomato share price target for 2026

In 2026, as per our prediction system and research, the lowest target price for Zomato shares is Rs 295.30 to Rs 325.00. At the same time, the highest target price for Zomato shares in 2026 is Rs 330.50 to Rs 360.20 at the end of the year.

  • Target-I: Rs 295.30 to Rs 325.00
  • Target-II: Rs 330.50 to Rs 360.20

Zomato share price target for 2028

As per our forecast system, the minimum Zomato target price in 2028 is Rs 415.15 to Rs 430.50. And the maximum target price of Zomato shares is Rs 465.30 to Rs 510.40 in the middle of the year.

  • Target-I: Rs 415.15 to Rs 430.50
  • Target-II: Rs 465.30 to Rs 510.40

Zomato share price target for 2030

In 2030, based on our research and forecast system, the minimum target price for Zomato shares is Rs 535.50 to Rs 555.20. Similarly, in the middle of the year, the maximum target price for Zomato shares is Rs 615.30 to Rs 645.15.

  • Target-I: Rs 535.50 to Rs 555.20
  • Target-II: Rs 615.30 to Rs 645.15

Zomato share price target for 2035

In 2035, as per our research and forecast system, the minimum target price for Zomato shares is Rs 785.15 to Rs 815.30. At the same time, the maximum target price for Zomato shares is Rs 880.10 to Rs 915.40 by 2030.

  • Target-I: Rs 785.15 to Rs 815.30
  • Target-II: Rs 880.10 to Rs 915.40

How to buy Zomato Shares?

You can buy Zomato shares online through various brokerage portals. You need to open a trading/Demat account by entering your details. Once you open your account, you can trade on NSE and BSE where Zomato shares are listed.

See also – Tata Motors share price target

  • Verify your details: You must enter your details and upload the required documents in the described format.
  • Deposit funds in your trading account: For trading on the Stock Exchange, you must deposit money in your Demat account.
  • Search Zomato on the search bar: To buy Zomato shares, type Zomato on the search bar, and you will find the ticker symbol “ZOMATO”, add it.
  • Place your order: Once you have decided to buy Zomato shares, place an order by paying the amount through your Demat account.
  • Confirm your order: Finally, confirm your order, that’s all.

Mediation Portal List:

Read also – Shalimar Paints share price target

Zomato Stock Risk Factors

Zomato shares also carry some risks, so consider before investing in Zomato Stock:

  • Competition: Zomato competes with both established players and new entrants in the food delivery market.
  • Depend on the Internet: The company is fully dependent on the Internet and mobile technology, so any disruption to this system can affect its financial performance.
  • Typical Customer: Zomato’s business model is fully dependent on typical customers, if they discontinue, then affects its business performance.
  • Changes in Rules & Regulations: Changes in laws can be another major problem for any company, which always remains a risk for the company.

See also – Asian Paints share price target

FAQs
Q: What is the target price of Zomato shares in 2025?

A: The highest target price for Zomato shares in 2025 is Rs 242.40 to Rs 265.00, while the average price will be Rs 250.60.

Q: Is Zomato stock good for investments?

A: For the short term, it will be a good option and you can expect good returns.

Q: What is the target price of Zomato shares in 2030?

A: At the end of the year, the maximum target price for Zomato shares is Rs 615.30 to Rs 645.15 by 2030, while the average target price will be Rs 620.80.

How to Buy Zomato Shares?

To buy Zomato shares or any other shares, you need to open a Demat/Trading account through a stockbroker platform. Verify your KYC details and add money to your trading account to buy the Zomato shares.

Disclaimer: The target price on our website (bankshala.com) is for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice for your investments. Trading is an uncertain business, please consult your financial advisor before making any investment.

About Bankshala team

We are a dedicated professional team, working closely with each other to provide quality content in the banking and finance sectors. Some editors have been investing in the stock market for almost 15 years and have a lot of experience.

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