If you’ve been around the stock market, you must have heard of Zomato, So, let’s dig into the Zomato share price target for 2024, 2025, 2026, 2027, and even 2030. this food delivery application wreaking havoc across the borders of India. You must have ordered food from their app the other night, right? But there’s more to this company than just pizza at your doorstep. With what’s going on with this trend regarding their stock lately, many investors are dying to know where it heads in the next few years.
By the end of this, you’ll get a full view of whether Zomato stock is a good fit for your portfolio or not. Let’s dive right in and keep it real!
Zomato Company Details
As we progress, let’s just look at the company itself to get a little bit of background on what is going on underneath the hood.
| Company Attribute | Details |
|---|---|
| Official Website | Zomato.com |
| Founded | 2008 |
| Headquarters | Gurgaon, Haryana, India |
| Number of Employees | 5,000+ |
| Category | Share Price |
Current Market Overview of Zomato Share Price
Here’s a sneak peek into how Zomato is performing with the current stock performance. It indicates to us how the stock sits at present based on the latest available market data.
| Metric | Value |
|---|---|
| Open Price | ₹279.00 |
| High Price | ₹279.40 |
| Low Price | ₹274.00 |
| Current Price | ₹274.95 |
| Market Cap | ₹2.39T |
| P/E Ratio | 405.29 |
| Dividend Yield | 0.00% |
| 52-Week High | ₹298.25 |
| 52-Week Low | ₹101.25 |
Has had it’s fair share of ups and downs- specifically, in the last year- where the stock of Zomato Share Price went from touching the absolute bottom around ₹46 to bouncing back above ₹100. If that isn’t a rollercoaster, I do not know what is.
In itself, the negative P/E ratio means that, at this particular point in time, Zomato isn’t earning profits; it is still about top-line growth and customer acquisition, which puts it in a state of spending rather than earning for now. And if it plays it right, that can flip. Check out Urja Global Share Price Target 2024, 2025 Upto 2030 Prediction
Zomato Share Price Target from 2024 to 2030
So, coming to the point of what brought you here: the share price of Zomato Share Price Target in the next few years. Take this with a pinch of salt because the stock market is probably among the most unpredictable things in the world. However, according to experts, this is what might be in store for us.
| Year | Target Price (₹) |
|---|---|
| 2024 | ₹300 |
| 2025 | ₹330 |
| 2026 | ₹350 |
| 2027 | ₹370 |
| 2030 | ₹450 |
Key Factors Affecting Zomato Share Price Growth
But a few key points can tell us what is in store for Zomato’s stock next. And here they are:
- User Acquisition: More customers using the application now will increase orders and, thereby, more money in the pockets of the company. It is not limited to India alone but everywhere in the world.
- Tech Improvements: They have been investing a ton in tech to make their deliveries faster and smarter. That is quite a big deal as the faster the food gets delivered the happier the customer and the more often they will continue ordering.
- Profits: This one’s humongous. Zomato Share Price has yet to make profits. But, if they can cut the expenses and keep the growth going, then profitability may just be knocking at the door. If they crack this code, watch out for a stock surge.
- Competition: Zomato Share Price 2030 is certainly not playing in a vacuum. Swiggy, Amazon, and all local players too will be there in the fray to wrest the top position. And how Zomato manages this competition would determine big things for the stock going forward.
Bull Case for Zomato Stock
If it all goes well, then Zomato can become that rocket ship for the next few years. Expansion into grocery delivery and even cloud kitchens can see insane growth. Imagine: if Zomato Share Price turns profitable and expands into more markets globally, it is going to be unstoppable. Here, the stock of Zomato can shoot past ₹450 by 2030 turning out to become one of the key players in the market.
Bear Case for the Zomato Stock
But not all sunshine and rainbows. Competition, if it stumbles upon a peak, and Zomato fails to cut down its costs, things go ugly. Worse, if Zomato fails to be profitable soon, investors lose interest, and the stock will go downhill. It’s possible that in a bear scenario, the stock of Zomato can stay below ₹300 or even go lower if the company can’t scale or more competition comes its way.
So, should I invest in Zomato?
So, what do you hold? Do you put your money in the stock of Zomato? Here is the thing. If you are a long-term player then, Zomato Share Price Target has good potential. It is huge in terms of its brand and user following. Moreover, the market in which it operates is only going to grow. The downside is you will have to endure the volatility of the stock.
This may give you more headaches than profits if you are looking for short-term gain. It is still trying to find out how to generate money and has stiffer competition as well. So, this one is ideally suited for investors, unless you are quite comfortable with a wild ride, thinking in terms of years ahead.
Conclusion:
Altogether, share prices for Zomato Share Price from 2024 until 2030 are promising. This is not sufficient to make this an easy call. Whether you should buy Zomato stock or not depends upon your investment strategy and how much you want to take the risk to invest in this particular company.
Do your research, listen to the whispers, and invest according to your financial goals, just like in any stock.
FAQs
1. Zomato Stock Good for Long-Term Investment?
It depends on the long-term goal. Growth prospects are terrific with Zomato, but some risks accompany them.
2. What is the biggest threat to Zomato stock?
Other notable threats are that Zomato is not generating any profit to date, and the threat of new competition, and growing costs.
3. Will Zomato Share Price reach ₹450 by 2030?
Present projections suggest that the market is a wild place; anything can go on.
4. Does Zomato pay a dividend?
No. It is still an expansionary firm that pays no dividends.