Zomato Share Price Target: In this article, you will read about Zomato Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Zomato, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Zomato Overview:
Zomato a very popular Online food delivery company in India. Founded in the year 2008. Zomato headquarters located in Gurugram, Haryana, India. Zomato, also known as FoodieBay that started as a restaurant-listing and recommendation and now a popular and well-known food delivery app.
On December 31, 2020, Zomato was established in 23 countries and had an active network of 131,233 food delivery businesses with 161,637 committed delivery partners.
| Name | Zomato |
|---|---|
| Industry | Online food delivery |
| Type | Public |
| Founded | 2008 |
| Headquarters | Gurugram, Haryana, India |
| Exchange | NSE, BSE |
| Country | India |
| Website | www.zomato.com |
| Wikipedia | Zomato |
| Our Website | Click Here |
Shareholders of Zomato:
The below table shows top shareholders of Zomato:
| Shareholder’s name | Total Shares Held | Shareholding (%) | Quarter Ending |
|---|---|---|---|
| Info Edge (India) Limited | 1,194,687,095 | 13.88 | Sep-23 |
| Antfin Singapore Holding Pte. Ltd. | 550,250,900 | 6.39 | Sep-23 |
| Deepinder Goyal | 369,471,500 | 4.29 | Sep-23 |
| Alipay Singapore Holding Pte. Ltd. | 296,073,993 | 3.44 | Sep-23 |
| Svf Growth (Singapore) Pte Ltd | 187,138,736 | 2.17 | Sep-23 |
| Canada Pension Plan Investment Board | 173,185,465 | 2.01 | Sep-23 |
| Dunearn Investments (Mauritius) Pte Ltd | 171,312,300 | 1.99 | Sep-23 |
| Camas Investments Pte. Ltd. | 168,084,489 | 1.95 | Sep-23 |
| Motilal Oswal Flexi Cap Fund | 161,542,870 | 1.88 | Sep-23 |
| Macritchie Investments Pte Ltd | 159,155,150 | 1.85 | Sep-23 |
Fundamentals of Zomato:
The market cap of Zomato is 1.03T. The number of shares outstanding is 8.55B. And Earnings per share is -₹0.60. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 1.03T |
| Enterprise value | ₹1,028,069,982,208.00 |
| Shares outstanding | 8.55B |
| P/E ratio | – |
| Forward P/E ratio | 83.88 |
| Price / Book | 5.47 |
| Book value | ₹21.94 |
| Payout ratio | 0.00% |
| Quick ratio | 3.70 |
| Current ratio | 3.93 |
| Debt / Equity | 2.64 |
| Price / Sales | 11.07 |
| Earnings per share | -₹0.60 |
| Revenue per share | ₹11.59 |
| Total cash per share | ₹6.29 |
| Forward annual dividend rate | – |
| Ex-Dividend date | – |
| Forward annual dividend yield | – |
| Five Year Avg Dividend Yield | – |
| Total cash | 56.63B |
| Total debt | 5.21B |
| Total revenue | 92.68B |
| Return on assets | -3.52% |
| Return on equity | -2.51% |
| Gross profit | – |
| Gross margin | 61.32% |
| % Held by insiders | 42.36% |
| % Held by Institutions | 39.93% |
Zomato Share Price NSE/BSE:
Zomato Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange. Zomato shares were listed on BSE, and NSE on July 23, 2021.
Zomato shares on NSE are currently trading at around 120.15 INR, each as of December 2023. Zomato shares on BSE are currently trading at 119.90 INR.
Zomato IPO Details
| IPO Date | July 14, 2021 to July 16, 2021 |
| Listing Date | July 23, 2021 |
| Face Value | ₹1 per share |
| Price Band | ₹72 to ₹76 per share |
| Lot Size | 195 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹9,375.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹9,000.00 Cr) |
| Offer for Sale | [.] shares of ₹1 (aggregating up to ₹375.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Zomato Share Price History:
| Year | Zomato | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 2021 | ₹137.45 | – | ↑ ₹169↓ ₹120 |
| 2022 | ₹59.35 | -56.9% | ↑ ₹142↓ ₹40.55 |
| 2023 | ₹119.95 | 102.1% | ↑ ₹126↓ ₹44.35 |
Zomato Expected Share Price Target:
| Years | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹130 | ₹175 |
| 2025 | ₹180 | ₹220 |
| 2026 | ₹235 | ₹295 |
| 2027 | ₹300 | ₹365 |
| 2030 | ₹475 | ₹545 |
| 2035 | ₹800 | ₹875 |
Also Consider Reading:
- SJVN Share Price Target
- HDFC Bank Share Price Target
- Adani Power Share Price Target
- RattanIndia Enterprises Share Price Target
Zomato Share Price Target 2024:
On the analysis we will get to know the Zomato share price target by 2024, the minimum price range of 130, and the maximum share price of 175. This range of amounts is based on the strategies of the company.
Zomato Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 130 | 175 |
Zomato Share Price Target 2025:
The expected minimum range of Zomato share price target in 2025 is 180, and the maximum share price target is 220.
Zomato Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 180 | 220 |
Zomato Share Price Target 2027:
By the year 2027, the expected minimum range of Zomato share price is 300, and the maximum price range is 365.
Zomato Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 300 | 365 |
Zomato Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Zomato shares is 475, and the maximum price range is 545.
Zomato Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 475 | 545 |
Zomato Share Price Target 2035:
Looking ahead to 2035 the expected minimum price range for Zomato shares is 800, and the maximum price range is 875.
Zomato Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 800 | 875 |
Conclusion:
I hope you got clarity on the Zomato Share Price Target from 2023 to 2050. This is just the prediction, You need to analyze the graph to get an idea.
Disclaimer:
Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Zomato is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the Zomato Share Price Target for 2024?
A: The expected price target for Zomato in 2024 is 130 to 175 per share.
2. What is the Zomato Share Price Target for 2025?
A: The expected price target for Zomato in 2025 is 180 to 220 per share.
3. What is the Zomato Share Price Target for 2030?
A: The expected price target for Zomato in 2030 is 475 to 545 per share.
4. What is the Zomato Share Price Target for 2035?
A: The expected price target for Zomato in 2035 is 800 to 875 per share.
