Zomato Share Price Target 2024, 2025, to 2030

Zomato Limited is one of the leading food delivery and restaurant aggregator players in India. It is an application that is in a position to help customers find restaurants in their local area to provide food delivery, reservation for dine-in, and even write reviews. In this blog post, we will discuss Zomato share price target from 2024 to 2030 based on its recent performance and fundamental analysis. The current market price of Zomato stock is ₹112 as of November 2024. Zomato was listed on the National Stock Exchange (NSE) on July 23, 2021.

In the past few years, Zomato has grown significantly in both user engagement and market presence. Strong revenue growth and expansion efforts have driven the stock to return about 55% over the past year. Zomato’s stock price rose from ₹65 to ₹112 from 2022 to 2024, which is a steady progress. As of 10 November 2024, Zomato’s stock price 52-week high is ₹115 and its 52-week low is ₹51.

Zomato Overview

Zomato Limited was founded in 2008 and is headquartered in Gurgaon, India. The company operates as a digital marketplace connecting customers and restaurants, allowing users to browse menus, read reviews, and order food online. Some of its services include Zomato Gold (a subscription-based dining program) and Hyperpure (a B2B service for restaurant supplies). Zomato’s innovative approach to food delivery and restaurant services positions it as a leader in the Indian food-tech industry. The company’s CEO is Deepinder Goyal.

Zomato Share Price Target 2024

Month	Target Price (₹)
Zomato Target for November 2024	₹254
Zomato Target for December 2024	₹259

Zomato Share Price Target 2025

Month	Target Price (₹)
Zomato Target for January 2025	₹265
Zomato Target for February 2025	₹269
Zomato Target for March 2025	₹304
Zomato Target for April 2025	₹308
Zomato Target for May 2025	₹312
Zomato Target for June 2025	₹318
Zomato Target for July 2025	₹326
Zomato Target for August 2025	₹330
Zomato Target for September 2025	₹335
Zomato Target for October 2025	₹341
Zomato Target for November 2025	₹345
Zomato Target for December 2025	₹351

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Zomato Share Price Target 2026

Month	Target Price (₹)
Zomato Target for January 2026	₹354
Zomato Target for February 2026	₹359
Zomato Target for March 2026	₹363
Zomato Target for April 2026	₹369
Zomato Target for May 2026	₹372
Zomato Target for June 2026	₹376
Zomato Target for July 2026	₹379
Zomato Target for August 2026	₹374
Zomato Target for September 2026	₹378
Zomato Target for October 2026	₹382
Zomato Target for November 2026	₹387
Zomato Target for December 2026	₹390

Zomato Share Price Target 2027

Month	Target Price (₹)
Zomato Target for January 2027	₹392
Zomato Target for February 2027	₹394
Zomato Target for March 2027	₹398
Zomato Target for April 2027	₹401
Zomato Target for May 2027	₹404
Zomato Target for June 2027	₹407
Zomato Target for July 2027	₹409
Zomato Target for August 2027	₹412
Zomato Target for September 2027	₹415
Zomato Target for October 2027	₹420
Zomato Target for November 2027	₹423
Zomato Target for December 2027	₹427

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Zomato Share Price Target 2028

Month	Target Price (₹)
Zomato Target for January 2028	₹431
Zomato Target for February 2028	₹434
Zomato Target for March 2028	₹437
Zomato Target for April 2028	₹440
Zomato Target for May 2028	₹443
Zomato Target for June 2028	₹447
Zomato Target for July 2028	₹440
Zomato Target for August 2028	₹436
Zomato Target for September 2028	₹432
Zomato Target for October 2028	₹435
Zomato Target for November 2028	₹431
Zomato Target for December 2028	₹434

Zomato Share Price Target 2029

Month	Target Price (₹)
Zomato Target for January 2029	₹436
Zomato Target for February 2029	₹439
Zomato Target for March 2029	₹442
Zomato Target for April 2029	₹446
Zomato Target for May 2029	₹448
Zomato Target for June 2029	₹451
Zomato Target for July 2029	₹453
Zomato Target for August 2029	₹457
Zomato Target for September 2029	₹459
Zomato Target for October 2029	₹461
Zomato Target for November 2029	₹468
Zomato Target for December 2029	₹471

Zomato Share Price Target 2030

Month	Target Price (₹)
Zomato Target for January 2030	₹477
Zomato Target for February 2030	₹482
Zomato Target for March 2030	₹484
Zomato Target for April 2030	₹486
Zomato Target for May 2030	₹489
Zomato Target for June 2030	₹503
Zomato Target for July 2030	₹507
Zomato Target for August 2030	₹512
Zomato Target for September 2030	₹516
Zomato Target for October 2030	₹519
Zomato Target for November 2030	₹523
Zomato Target for December 2030	₹526

Also Read: IDFC First Bank Share Price Target

Zomato Financials 2024

Particulars	Year (2024)
Revenue	₹12,961 Cr
Expenses	₹12,670 Cr
EBITA	₹889 Cr
Profit Before Tax	₹291 Cr
Net Profit	₹351 Cr

Zomato Fundamentals

Particulars	Figures
Market Cap	₹2,30,629 Cr
P/E Ratio	310.71
Debt to Equity	0.05
ROE	3.48%
Book Value	₹24.14
Face Value	₹1

Zomato Shareholding Pattern

Shareholder	Shareholding (%)
FIIs	52.53%
Retail Investors	30.12%
Mutual Funds	13.57%
DIIs	3.77%

Conclusion
In the earlier years of Zomato, revenue was quite low, and the company was operating at a loss. However, last year, it turned operational profit for the first time, and since then, the profit has been rising. Because of this, there has also been a sharp rise in the company’s share price. Zomato is very active in trying to capture more market share.

The target price of Zomato Ltd given above is only guidance. We do not give any kind of buy or sell advice. The target prices of the given Zomato Stock are subject to change at any time depending on market conditions. However, TrendFriend advises you to consult your experts before making any investment in Zomato Ltd.