Share of Zomato Limited is currently trading at around Rs.93/- Existing as well as prospective investors are asking for the Zomato Target Price from 2023 to 2030, 2035 & 2040. In this article, we will discuss about the business prospects and financial performance of Zomato Limited and based on our discussion and analysis will tell you the Zomato Target Price from 2023 to 2030, 2035 & 2040
Following questions are also frequently asked by the Investors in relation to the share price target of Zomato Limited:
- What will be Zomato share price in 2030?
- What is the future prediction of Zomato in 2030?
- What is the share price target of Zomato in 2025?
- What is the target price for zomato?
- What is the future of zomato share price?
- Does zomato stock have a future?
Discussion & Analysis of Business & Financial performance as well as future Business Prospects of Zomato Limited:
Zomato Limited is an Indian multinational technology company that provides food delivery and restaurant discovery services. It is one of the largest food delivery companies in India, with a market share of over 50%. Zomato has been growing rapidly in recent years, and its future business prospects are bright.
There are several factors that support Zomato’s future growth. First, the Indian food delivery market is still in its early stages of development, and there is a large untapped market opportunity. According to a report by Statista, the Indian food delivery market is expected to reach $11 billion by 2026. This growth will be driven by a number of factors, including increasing smartphone penetration, rising disposable incomes, and changing consumer preferences.
Second, Zomato has a strong competitive position in the Indian food delivery market. It has the largest market share, a wide network of restaurants, and a loyal customer base. Zomato has also been investing heavily in technology and innovation, which has helped it to stay ahead of its competitors.
Third, Zomato is expanding its business into new areas. In addition to food delivery, Zomato also offers restaurant discovery, table reservation, and grocery delivery services. This diversification will help Zomato to grow its revenue and become a more comprehensive food and grocery platform.
Overall, Zomato is well-positioned for future growth. It has a large addressable market, a strong competitive position, and a diversified business model. If Zomato can continue to execute well, it is likely to become one of the leading food and grocery platforms in the world.
Here are some specific growth opportunities that Zomato can pursue in the future:
- Expand into new markets: Zomato is already present in over 90 cities in India, but there are still many untapped markets in the country. Zomato can expand into smaller cities and towns, as well as into new countries in Southeast Asia and the Middle East.
- Launch new products and services: Zomato can continue to launch new products and services, such as grocery delivery, online payments, and loyalty programs. This will help Zomato to generate more revenue and attract new customers.
- Partner with other businesses: Zomato can partner with other businesses, such as e-commerce companies, banks, and telecom operators. This will help Zomato to reach a wider audience and offer its services to more people.
- Invest in technology: Zomato can continue to invest in technology to improve its platform and make it more user-friendly. This will help Zomato to stay ahead of its competitors and provide a better experience for its customers.
If Zomato can successfully execute on these growth opportunities, it is likely to become a major player in the global food and grocery market.
Share Price Targets:
Zomato Target Price 2023
Based on the above discussion and analysis, the share price of Zomato may touch the level of around Rs.100-120 in 2023.
Zomato Target Price 2024
Based on the above discussion and analysis, the share price of Zomato is likely to touch the level of around Rs.125-150 in 2024.
Zomato Target Price 2025
Based on the above discussion and analysis, the share price of Zomato is likely to remain in the range of Rs.150-200 in 2025.
Zomato Target Price 2026
Based on the above discussion and analysis, the share price of Zomato may touch the level of around Rs.225-250 in 2026.
Zomato Target Price 2027
Based on the above discussion and analysis, the share price of Zomato is likely to touch the level of around Rs.275-300 in 2027.
Zomato Target Price 2028
Based on the above discussion and analysis, the share price of Zomato is likely to remain in the range of Rs.325-350 in 2028.
Zomato Target Price 2029
Based on the above discussion and analysis, the share price of Zomato may touch the level of around Rs.375-425 in 2029.
Zomato Target Price 2030
Based on the above discussion and analysis, the share price of Zomato is likely to touch the level of around Rs.450-500 in 2030.
Zomato Target Price 2035
Based on the above discussion and analysis, the share price of Zomato is likely to remain in the range of Rs.700-750 in 2035.
Zomato Target Price 2040
Based on the above discussion and analysis, the share price of Zomato is likely to remain in the range of Rs.950-1000 in 2040.
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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