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Zomato Share Price Target 2022, 2023, 2025, and 2030: Will the Bullish Trend Continue?

We are pleased to present another price prediction article by skyhaifa.com In this post, we’ll provide all the details about Zomato Ltd along with Zomato share price target 2022, 2023, 2025, and 2030.

Zomato is a restaurant discovery and food delivery service that operates in 23 countries. Founded in 2008 by Deepinder Goyal and Pankaj Chaddah, Zomato has raised $234 million from investors such as Info Edge, Temasek Holdings, Vy Capital, Sequoia Capital, DST Global and others.

Zomato is one of the most popular online food-ordering services in India. The company has over 1 million orders on its platform per day. It also has more than 7 million monthly active users on its app across 23 countries.

The company is projected to have a revenue of $160-170 million in FY 2018-19 which is an increase of 60% over the previous year’s revenue of $99 million. Zomato will be targeting a revenue of $280-300 million for FY 2019-2020 and eventually more than $400 million for FY 2020-2021 and beyond.

Introduction: Zomato – A Fast-Growing Startup with a Promising Future

Zomato is a restaurant search and discovery platform based in India. Founded in 2008, the company has grown to over 20 countries and has more than 3 million restaurants listed on its database. It is one of the most popular food delivery apps in India, with more than 150,000 orders per day.

The company’s mission is to “connect people to better food” and it aims to do this by providing authentic reviews from real customers as well as making it easier for people find their favorite dishes around them.

Zomato Ltd Overview:

Company NameZOMATO LTD.
FounderPankaj Chaddah and Deepinder Goyal
Founded in 2008, India
Headquarters Gurgaon, Haryana, India
Area ServedWorldwide
Market Cap587.50B INR
Primary ExchangeNSE, BSE
Websitewww.zomato.com
Zomato Ltd Overview
Valuation MeasuresValue/Price
Market Cap (intraday)587.50B
Enterprise Value523.31B
Price/Sales (ttm)10.88
Enterprise Value/Revenue9.69
Enterprise Value/EBITDA-83.36
52 Week HighRs.161.85
52 Week LowRs.40.60
S&P500 52-Week Change-15.15%
Zomato Ltd Overview

Zomato share price history

Check out Zomato share price history! See how the company has performed over the years and get insights into what might have caused the stock price to fluctuate.

Currency in INR
DateOpenHighLowCloseAdj Close
01-08-2021135.75141.45120.5134.55134.55
01-09-2021134.55152.75130.7136.6136.6
01-10-2021137.3146.15130.5131.55131.55
01-11-2021133.6169127.5152.55152.55
01-12-2021153157.9124.6137.4137.4
01-01-2022139.7142.4584.1590.490.4
01-02-202291.7599.7575.7579.9579.95
01-03-202279.9588.775.582.382.3
01-04-202282.188.371.171.7571.75
01-05-202271.7577.750.0574.6574.65
01-06-202275.479.853.3553.8553.85
01-07-202254.1561.540.646.846.8
01-08-202246.869.2545.0557.9557.95
01-09-202258.766.656.9562.3562.35
01-10-20226270.260.8563.163.1
01-11-202263.575.456268.768.7
17-11-202268.469.867.567.767.7
Zomato share price history

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Zomato Share Price Target 2022 To 2030

Zomato is a restaurant search and discovery service. It enables users to search for restaurants, read reviews, and make online reservations. The company has been in operation since 2008.

Zomato has been expanding its services in recent years. It now offers food delivery services in over 100 cities in India and 17 countries outside of India. Zomato also operates a food ordering app called Zomato Order that is available on Android and iOS devices as well as desktop browsers.

Zomato’s revenue comes from three main sources: advertising, food delivery, and online ordering (including third-party orders). The company generates advertising revenue by selling ads on its website or through its mobile apps to local businesses. The company generates revenue from food delivery by charging the restaurant a commission fee for each order it fulfills through the platform. And finally, the company generates revenue from online ordering by charging customers a convenience fee for each order it fulfills through the platform.

Zomato Share Price Target 2022 To 2030

YearLowest PriceMedium PriceHighest Price
2022Rs.55Rs.70Rs.85
2023Rs.86Rs.103Rs.120
2024Rs.121Rs.140Rs.160
2025Rs.161Rs.186Rs.210
2026Rs.211Rs.263Rs.315
2027Rs.316Rs.330Rs.345
2028Rs.346Rs.385Rs.425
2029Rs.426Rs.473Rs.520
2030Rs.521Rs.575Rs.630
Zomato Share Price Target 2022 To 2030

Zomato Share Price Live Chart

Zomato Share Price Target 2022

YearLowest PriceMedium PriceHighest Price
2022Rs.55Rs.70Rs.85
Zomato Share Price Target 2022

Zomato is a restaurant search and discovery platform that enables users to find restaurants near them. It provides information about the restaurants, such as food type, price range and user reviews. Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah.

Zomato is headquartered in Gurgaon, India and it has offices in over 22 countries.

In 2018, Zomato raised $200 million from Naspers Group for an approximate 17% stake in the company. The company also raised $50 million from Alibaba Group’s Ant Financial Services Group for a 10% stake in the company.

In 2019, Zomato announced that it will be opening its first international office outside of India in Berlin, Germany by 2020.

Zomato has a market capitalization of 587.50B INR with a share price target of Rs.85 at 2022

Zomato Share Price Target 2023

YearLowest PriceMedium PriceHighest Price
2023Rs.86Rs.103Rs.120
Zomato Share Price Target 2023

Zomato is an online food ordering and delivery service provider. It offers a wide range of cuisines across various regions. Zomato is the perfect choice for foodies who want to explore different regional cuisines without having to step out of their homes.

The company has been able to generate a high revenue from its services, which has also helped it to maintain its share price at a high level. Zomato’s share price target for 2023 is set at Rs.120 per share.

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Zomato Share Price Target 2024

YearLowest PriceMedium PriceHighest Price
2024Rs.121Rs.140Rs.160
Zomato Share Price Target 2024

Zomato is a restaurant discovery and food delivery service that was founded in 2008. The company operates in 28 countries and has over 1 million restaurants on its platform.

The company has been profitable since 2014, which is a big achievement for any startup. Zomato’s 2018 revenue was $114 million, up from $102 million in 2017. It also increased its net profit by over 100% to $13 million from the year before.

Zomato’s share price target for 2024 is set at Rs.160 per share (based on the current price of Rs.67.70).

Zomato Share Price Target 2025

YearLowest PriceMedium PriceHighest Price
2025Rs.161Rs.186Rs.210
Zomato Share Price Target 2025

Zomato has been on a growth trajectory for the last few years. The company has been expanding its services and entering new markets at a rapid pace.

Zomato is now present in more than 23 countries, with over 1 million restaurants listed on its platform.

It is also one of the leading restaurant discovery platforms in India, with over 30 million monthly visitors to its website and mobile app.

We believe that Zomato will be able to maintain its growth momentum and grow exponentially in the coming years, as it continues to expand into new markets worldwide and add more services to its offerings.

Based on these facts, our target price for Zomato shares 2025 would be Rs.210 (+/- 10%)

Zomato Share Price Target 2026

YearLowest PriceMedium PriceHighest Price
2026Rs.211Rs.263Rs.315
Zomato Share Price Target 2026

Zomato is an Indian company that operates in the online and mobile food ordering space. The company has been facing intense competition from Swiggy, UberEATS and Foodpanda.

Zomato is the world’s largest restaurant search engine. It has over 1 million restaurants listed on its website, which is more than all of its competitors combined.

Zomato is currently operating in 24 countries with a presence in over 200 cities globally.

Zomato share price target for 2026 will be 211 INR (Lowest Price) and 315 INR (Highest Price), with a medium price range of 263 INR.

Zomato Share Price Target 2027

YearLowest PriceMedium PriceHighest Price
2027Rs.316Rs.330Rs.345
Zomato Share Price Target 2027

Zomato is a platform that provides information about restaurants in a given geographical location. It is an online and app-based service that offers information about restaurants, dishes, menus and prices.

The company has been around for more than 10 years now and it has become one of the most popular platforms for people looking for good places to eat.

Zomato’s share price target in 2027 is Rs.345 per share.

Zomato Share Price Target 2028

YearLowest PriceMedium PriceHighest Price
2028Rs.346Rs.385Rs.425
Zomato Share Price Target 2028

Zomato Share Price Target 2029

YearLowest PriceMedium PriceHighest Price
2029Rs.426Rs.473Rs.520
Zomato Share Price Target 2029

Zomato is a restaurant search and discovery application. The company was founded in 2008 by Deepinder Goyal, Pankaj Chaddah and Mohit Arora. It is headquartered in Gurgaon, Haryana, India.

Zomato provides information on restaurants near the user’s location with ratings and reviews. Zomato has an app for both iOS and Android operating systems. As of August 2018, Zomato has over 114 million reviews from over 1 million restaurants across 24 countries.

Zomato is the largest food delivery service provider in India with a market share of 60%.

The company also operates globally with regional headquarters in London, Singapore and Dubai.

It has its own delivery fleet across 16 cities in India including Delhi NCR, Mumbai and Bengaluru.

According to our analysis of technical aspects and current market conditions according to our analysis and current market conditions, Zomato share price target for 2029 will be 426 INR (Lowest Price) and 520 INR (Highest Price), with a medium price range of 473 INR.

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Zomato Share Price Target 2030

YearLowest PriceMedium PriceHighest Price
2030Rs.521Rs.575Rs.630
Zomato Share Price Target 2030

Zomato is an Indian restaurant search and discovery service. Zomato has been one of the most successful start-ups in India, with a current valuation of around $1 billion (as of January 2018).

In April 2016, Zomato announced that it had raised $165 million from Sequoia Capital and Info Edge, at a valuation of $660 million. In September 2017, it raised another round of funding worth USD 200 million from Ant Financials (a company affiliated with Alibaba Group), at a valuation of USD 1 billion.

The company is profitable on an EBITDA basis with over 100 million monthly active users across 22 countries worldwide.

According to our analysis and current market conditions, Zomato share price target for 2030 will be 521 INR (Lowest Price) and 630 INR (Highest Price), with a medium price range of 575 INR.

Frequently Asking Questions

What is the target price for Zomato?

Some technical and fundamental analysis, Zomato share price target for 2023 will be 120 INR

Is Zomato suitable for the long term?

Zomato has been a popular app for foodies and restaurant-goers alike. The app is available in over 23 countries, but it’s unclear whether or not it will last over the long term. With competitors such as Yelp growing stronger, it’s possible that Zomato could see a drop in popularity.

Why Zomato share is falling today?

Two of the reasons for the fall in share price is because of high competition as well as decline in profitability.

Is Zomato good for long term?

Zomato is a global food and restaurant search engine. It is a free service that helps people find great places to eat. In India, Zomato has over 500,000 listings with reviews and ratings of every restaurant.

Can I buy Zomato shares today?

Zomato has been on the rise today, after receiving a takeover offer from Global Restaurant Group. So can I buy Zomato shares today?

Should we invest in Zomato shares?

Zomato is a restaurant discovery and food delivery service. Zomato has been experiencing exponential growth in the past couple of years.

Conclusion

This article discusses Zomato’s share price target for 2022, 2023, 2024, 2025, and 2030. Investments in stocks or shares are always subject to financial risk. Ensure that you do your own research before making an investment.

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