Zomato Share Price Target Analysis and Projections

Zomato's share price has been on a rollercoaster ride, with a significant jump in 2021. The company's market capitalization has reached a record high of over $13 billion.

The key to understanding Zomato's share price target lies in its financial performance. In the fiscal year 2021, the company reported a revenue growth of 61% year-over-year. This impressive growth is a testament to its expanding user base and increasing demand for food delivery services.

Zomato's net loss also narrowed down to Rs. 2,400 crores in FY 2021, compared to Rs. 3,645 crores in the previous year. This indicates a positive trend in the company's financial health.

The company's ability to maintain profitability while expanding its services will be crucial in determining its share price target.

Zomato's share price has shown impressive growth, with a 140% year-to-date return to its investors.

The long-term earning potential for Zomato is promising, with a potential increase of +19.02% in one year.

Zomato's share price has surpassed the Rs 300 milestone, a significant achievement for the company.

In a single trading session, Zomato's share price rallied over 5% on news of a block deal, jumping as high as 5.56% to Rs 96.00 apiece.

The block deal involved around 3.2 crore Zomato shares worth Rs 288 crore, changing hands at Rs 90.10 per share.

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Zomato's share price has seen significant movements in recent times. The stock rallied over 5% in early morning trade on August 28 amid reports of a block deal.

The block deal involved around 3.2 crore Zomato shares worth Rs 288 crore changing hands at Rs 90.10 per share. This led to the stock jumping as much as 5.56% to a high of Rs 96.00 apiece on the BSE.

Zomato's share price surged over 4% in early Friday trading, reaching a new 52-week peak following robust Q3 results driven by food delivery growth. The online food delivery platform reported a significant jump in net profit and revenue.

The stock has soared over 121% in the past year and was trading higher on the BSE. Zomato shares have been on a tear, with its stock price jumping over 87% since January.

Zomato's share price rose close to its 52-week high after the company clarified it has no plans for a $2 billion acquisition of Shiprocket. This led to a rise in Zomato's share price on Friday.

The stock touched a high of Rs 114.35 after around 9.27 crore equity shares changed hands in the pre-open session. This was due to reports that SVF Growth Fund is likely to offload a 1.1% stake in the online food delivery major.

Zomato's stock surged 4.8% on March 1, reaching an all-time high of Rs 173.45 on the Bombay Stock Exchange (BSE).

Over the past year, Zomato shares have soared by over 200%, outperforming the Nifty 50 index.

Zomato reported a consolidated net profit of Rs 138 crore in the third quarter of the fiscal year, with consolidated revenue reaching Rs 3,288 crore.

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The company's share price rose close to its 52-week high after it clarified it has no plans for a $2 billion acquisition of Shiprocket.

Zomato's share price surged over 4% in early Friday trading, reaching a new 52-week peak following robust Q3 results driven by food delivery growth.

Zomato shares have soared over 121% in the past year and were trading higher on the BSE.

Zomato's online food delivery platform reported a significant jump in net profit and revenue, with promising prospects for continued growth in gross order value.

Analysts at Emkay Global Financial Services praised Zomato's performance across segments, particularly highlighting its food delivery contribution margin improvement and Blinkit's positive trajectory.

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Zomato has received several upgrades from brokerages, with CLSA upgrading the company to outperform from a buy rating.

Zomato's shares hit a 52-week high after this upgrade, thanks to acceleration in gross order value and improvement in profitability.

Brokerages have cited Zomato's strong financials as a reason for their positive recommendations, with the company reporting a net profit of Rs 36 crore in Q2 FY24.

Zomato's growth in quick commerce has been particularly impressive, with a 86% YoY increase in Q2 FY24.

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Zomato shares have hit a fresh 52-week high on multiple occasions, with the latest being after Q3 profit in February 2024. This surge in share price was driven by food delivery growth and a significant jump in net profit and revenue.

Brokerage firms have been actively recommending Zomato shares to investors, with CLSA upgrading the company to outperform from a buy rating in November 2023. The brokerage cited acceleration in gross order value (GOV) and improvement in profitability as reasons for the upgrade.

Zomato reported a net profit of Rs 36 crore in Q2 FY24, a significant turnaround from a loss of Rs 251 crore in Q2 FY23. The company's GOV grew 20% YoY in food delivery and 86% in quick commerce in Q2 FY24.

Analysts at Emkay Global Financial Services praised Zomato's performance across segments, particularly highlighting its food delivery contribution margin improvement and Blinkit's positive trajectory. Zomato shares have soared over 121% in the past year.

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Zee Business has highlighted Zomato as one of the top brokerage calls, recommending investors to keep an eye out for the stock. This is not the only time Zee Business has recommended Zomato, as they also featured it in their list of top brokerage calls under Rs 200 in February 2024.

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SoftBank Vision Fund is offloading 10 crore shares in Zomato in a block deal worth Rs 940 crore.

The sale follows the complete exit of Tiger Global from Zomato.

Zomato shares rallied 73% in the last six months.

Shares of Zomato were trading 3.7% higher at Rs 98.20 on August 30 in early morning trade.

The sale of 10 crore shares represents a significant transaction, but the parties involved were not immediately disclosed.

Zomato's share price has seen significant growth, surging over 4% in early Friday trading, reaching a new 52-week peak following robust Q3 results driven by food delivery growth.

The company's Q3 results showed a significant jump in net profit and revenue, with promising prospects for continued growth in gross order value. Zomato shares have soared over 121% in the past year.

Zomato's stock has outperformed the Nifty 50 index, with shares surging by over 200% in the past year, reaching an all-time high of Rs 173.45 on the Bombay Stock Exchange (BSE).

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Blinkit is booming, and one reason is its focus on same-day delivery, which is now available in over 20 cities across India.

Blinkit is owned by Zomato, a well-known food delivery company that has expanded its services to include grocery delivery.

The convenience of same-day delivery is a major draw for customers, who can order essentials and have them delivered in as little as 60 minutes.

Blinkit has been able to maintain high customer satisfaction ratings by offering a wide range of products, including fresh produce, meat, dairy, and household essentials.

Its network of dark stores, which are essentially warehouses that are located in high-traffic areas, allows Blinkit to quickly fulfill orders and get them to customers on time.

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Swiggy delivery workers went on strike in Mumbai, causing disruption in food delivery services in the city.

The strike had a notable impact on the stock market, with Zomato shares rising as much as 4% on Tuesday.

Analysts believe that the strike could benefit Zomato, potentially due to the disruption in food delivery services in Mumbai.

Foreign Institutional Investors (FIIs) have been paring their stake in Zomato, while mutual funds have increased their holdings in the company.

This shift in investment could be a result of Zomato's increased revenue and profit in Q1FY24, which may have made the company more attractive to mutual funds.

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Zomato Ltd shares surged 4% on November 29, driven by a massive block deal.

A total of 29 crore shares were traded at Rs 112 per share, amounting to Rs 3,248 crore.

Alipay Singapore Holding Pte Ltd was the likely seller, offloading its entire 3.44% stake in the company.

The block deal was executed at a 2.2% discount to Nov 28's closing price of Rs 113.80.

Zomato's stock has gained nearly 90% year-to-date.

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Zomato's share price has been on a rollercoaster ride in recent times, with a 4% surge in early Friday trading reaching a new 52-week peak after robust Q3 results.

The online food delivery platform reported a significant jump in net profit and revenue, with promising prospects for continued growth in gross order value.

Zomato shares have soared over 121% in the past year, with a fresh 52-week high reached after Q3 results.

However, the company's shares took a hit in December, falling 2% after a Rs 402 crore show-cause notice from GST authorities regarding alleged unpaid taxes on delivery charges.

Zomato plans to contest the notice, but acknowledges the substantial amount in question, over 10 times its recent quarterly profit.

Analysts at Emkay Global Financial Services praised Zomato's performance across segments, particularly highlighting its food delivery contribution margin improvement and Blinkit's positive trajectory.

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Morgan Stanley has released a report on Zomato, providing valuable insights into the company's future. The report highlights Zomato's potential for growth.

The report suggests that Zomato's business is expected to grow significantly in the future. Morgan Stanley's view on Zomato's growth prospects is a key takeaway from the report.

Zomato's future growth prospects are a major focus of the Morgan Stanley report. The report provides a detailed analysis of the company's business and its potential for expansion.

Brokerages have expressed positive views on Zomato's future growth prospects, according to the Morgan Stanley report. The report highlights the potential for Zomato to become a leading player in the food delivery industry.

The Morgan Stanley report provides a comprehensive overview of Zomato's business and its future growth prospects. The report is a valuable resource for investors looking to understand the company's potential.

Zomato's share price has shown impressive growth, with a 140% year-to-date return to its investors. This is a significant milestone for the company.

In the long term, Zomato's earning potential is estimated to be +19.02% in one year. This suggests a promising future for the company's stock.

A block deal in August 2024 saw Zomato's share price rally over 5%, reaching a high of Rs 96.00 apiece on the BSE. This indicates a strong demand for the company's shares.

Macquarie has a more cautious outlook, predicting a 44% downside if its target price is considered. This is based on Zomato's December quarter earnings and investments in Blinkit and employee expenses.

Zomato's share price has finally surpassed the Rs 300 milestone. This significant achievement is a testament to the company's growth and potential.

The stock has delivered a 140% year-to-date return to its investors, making it a lucrative investment opportunity. This impressive growth is a result of Zomato's robust performance and promising prospects for continued growth.

In early morning trade on August 28, Zomato's share price rallied over 5% amid reports of a block deal. Around 3.2 crore Zomato shares worth Rs 288 crore changed hands in the block deal window at Rs 90.10 per share.

Zomato's share price surged over 4% in early Friday trading, reaching a new 52-week peak following robust Q3 results. The online food delivery platform reported a significant jump in net profit and revenue.

The long-term earning potential of Zomato's stock is positive, with a predicted growth of +19.02% in one year. This indicates that the stock has potential for long-term growth and investment.

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Zomato Ltd shares might have fallen 17 per cent in 2025 so far, and they stare at a potential 44 per cent further downside if Macquarie's fresh target price is taken into consideration.

Macquarie's target price of Rs 130 implies 55 times FY27 PE (adjusted for treasury income), which might be a concern for investors.

The third quarter earnings of Zomato were below consensus and its estimates, driven by investments in Blinkit and higher employee expenses.

Zomato's GOV in quick commerce grew 120 per cent YoY, beating Macquarie's estimates due to strong MTU addition, but this was likely driven by higher marketing spends.

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The adjusted Ebitda Margin at minus 1.3 per cent of GOV against expectations of a near-breakeven might be a warning sign for investors.

Macquarie sees a mild downside to consensus forecast of 20 per cent 3-year GOV CAGR and 4.5-5 per cent adjusted Ebitda margin for FY26-28 in the food delivery segment.

Zomato's management brought forward its guidance of 2,000 stores to December 2025 against December 2026 earlier, which might be a positive sign for the company's growth.

However, Macquarie regards Zomato as an efficient quick commerce and food delivery platform, but for the shares, it sees limited margin of safety.

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