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Zomato Share Price Prediction for 2024, 2025, 2030, and 2040

Zomato Share Price Prediction for 2024, 2025, 2030, and 2040

In this post, you will find a complete Zomato share price prediction for 2024, 2025, 2030, and 2040. We will analyse the estimated stock price of the company so that you can make better decisions about investing in this company. Before we dive into Zomato’s share price predictions, let’s first understand the company’s background, financials, technical fundamentals, etc.

About Zomato Limited

Zomato is a technology platform and food delivery app that connects customers, restaurant partners, and delivery partners across local markets, serving their multiple needs. The company’s core business offerings include:

  • Food ordering and delivery
  • Hyperpure (B2B supplies)
  • Dining-out and others

Key Metrics

Market Cap (₹)46,136.66
Sectoral Market Cap Rank1
PE Ratio (x)-40.52
Price to Book Ratio (x)2.85
EPS – TTM (₹)-1.34
Stock – 52 Week High & Low (₹)88.70 / 40.60

Highlights of the Zomato Limited share price forecast are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 30₹ 65
2024₹ 45₹ 80
2025₹ 50₹ 90
2026₹ 60₹ 100
2027₹ 60₹ 120
2028₹ 80₹ 150
2030₹ 200₹ 300
2040₹ 800₹ 1200

Important Note: These price predictions of “Zomato Limited ” are only for reference purpose only, short-term and long-term Zomato Ltd. stock price predictions may be different due to the different analysed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis. 

Zomato Share Price Prediction for 2023

The stock of the company has not performed well for the past 1.5 years. This is because of the company’s poor financial conditions and overpriced shares since its first IPO. Before the IPO, various researchers predicted good growth of the Zomato stock, but the results have not come as expected. As per our stock forecasting method, there is little chance of positive stock growth in this year.

YearMinimum PriceMaximum Price
2023₹ 30₹ 65

Zomato Share Price Prediction for 2024

There is not much competition in the food delivery business because there are only two major players: Zomato and Swiggy. If we analyse the market share of both brands, Zomato trumps Swiggy on this front. As of February 2022, Zomato’s number of restaurant partners stood at 390,000, while Swiggy’s was less than half that at 128,000. If we talk about stock predictions, the minimum price would be ₹ 45 and the maximum price would be ₹ 80.

YearMinimum PriceMaximum Price
2024₹ 45₹ 80

Zomato Share Price Prediction for 2025

By the previous fiscal year, the company had continuously expanded its food delivery offering to over 1,000 locations. This was brought on by solid volume growth in orders with consistent average order values. While the GOV (gross order value) from these new markets is very low currently, the company has seeded these markets early with the objective of being a first mover and will benefit from growth as these markets scale over time.

YearMinimum PriceMaximum Price
2025₹ 50₹ 90

Zomato Share Price Prediction for 2026

The company’s GOV (gross order value) recorded a high in the previous financial year. GOV reached INR 213.0 billion in FY22, a year-on-year (“YoY”) increase of 125% over FY21. This was due to a healthy increase in order volume while the average order value remained stable. The market in this period will remain stable this year, as per our prediction. The minimum price would be ₹ 60, and the maximum would be ₹ 100.

YearMinimum PriceMaximum Price
2026₹ 60₹ 100

Zomato Share Price Prediction for 2027

If we analyse the contribution of GOV (gross order value) to revenue, it remained positive during the previous financial year. On the other side, contribution margin declined viz-a-viz FY21. The fall in contribution margin is attributable primarily to an increase in last-mile delivery costs as well as investments to drive customer acquisition and retention with a view to supporting future growth. According to the forecasted method, the stock will grow little during this period, with a minimum price of 60 and a maximum price of 120. 

YearMinimum PriceMaximum Price
2027₹ 60₹ 120

Zomato Share Price Prediction for 2028

One company segment called Hyperpure generates good revenue, but the problem is that this Hyperpure is available in only 10 cities across India. Zomato Limited needs to expand this segment in major cities in the country to attract new customers.

YearMinimum PriceMaximum Price
2028₹ 80₹ 150

Zomato Share Price Prediction for 2030

The food services industry in India is expected to grow at a CAGR of over 9% for the next few years. The Indian food services market is also highly fragmented and dominated by standalone restaurants, which form the majority of the market as compared to large, organised chains. Given the significantly low penetration of restaurant food in India, Zomato has a long way to go in terms of building the market and playing a pivotal role in the growth of its key stakeholders and the entire ecosystem. Company offerings help improve the assortment, affordability, accessibility, and quality (“AAAQ”) of restaurant food for its customers.

YearMinimum PriceMaximum Price
2030₹ 200₹ 300

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Zomato Share Price Prediction for 2040

Online food delivery users are still a very small portion of total online users in India. If we analyse the customer base of the company, its customer base and order frequency have grown significantly over the last few years. We expect this trend to continue going forward, given the large untapped opportunity.

YearMinimum PriceMaximum Price
2040₹ 800₹ 1,200

Recommendations: Invest in Zomato stock or sell it?

Over the past few years, Zomato has been relentlessly executing in its food business to build a trusted platform and consumer brand with an extensive network of restaurants and delivery partners. While doing so, the company has also been consistently working towards achieving its own shareholders expectations of growth alongside a reduction in operating losses.

According to present data, Zomato’s shares and potentially its market environment have been in bearish cycles for the last 18 months. Currently, there seems to be a trend where stocks in the retail trade sector are not very popular in this period. As per our stock analysis, there is a negative or neutral trend in the stock; this stock is not good for making money.

FAQ’s

The current PE ratio (price-earnings ratio) of Zomato is -40.52.

Zomato share price saw a 52-week high of 88.70 and a 52-week low of ₹ 40.60.

According to our prediction, the share price of Zomato in 2024 can be at least ₹ 45 and at its maximum around ₹ 80.

According to our prediction, the share price of Zomato in the next five years can be at least ₹ 80 and at its maximum around ₹ 150.

According to our prediction, the share price of Zomato in the next five years can be at least ₹ 200 and at its maximum around ₹ 300.

Zomato shares can go up to ₹ 1,200 by the year 2040.

As per our stock analysis, there is a negative or neutral trend in the stock; this stock is not good for making money.

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