Zomato share price target 2023, 2025, and 2030

Zomato is an online food delivery business model that caters to its services in 23 countries. This is the largest food delivery network in India and has more than 2 million active delivery partners across its serviceable areas.

Zomato has majorly three main business segments.

  1. Food delivery – Food delivery is the major source of revenue for Zomato in which it gets revenue through commissions from the restaurants.
  2. Dining out
  3. Farm Fresh

Zomato share price target 2023

Zomato is phenomenally expanding its business in other countries. The company is gradually decreasing its debt as well as recording positive growth overall in its bottom line. The online food delivery business is experiencing exceptional growth in India where the growth is in double digits.

As per our estimates, Zomato’s share price could reach up by 2023 is 120

Zomato share price target 2025

In the past 6 months, Zomato’s share price has given more than 100% returns to investors. Zomato will surely perform extraordinarily well in the online food delivery chain. Zomato share price target in 2025 is 150.

Zomato share price target 2030

Zomato has rapidly acquired similar startups belonging to its sector. Till now the major acquisition was Blinkit which was acquired with 4,400 crores. Along with that Zomato has also acquired some startups like UberEats, and some others.

Zomato share price target for 2030 is 230

Conclusion

In conclusion, Zomato has a very bright future in the online food delivery business. The company is expanding its business not only in India but even in other countries. Online food delivery is rapidly expanding in India where middle-class people are rapidly changing their lifestyle.

Zomato share price target 2023

Zomato share price target for 2023 is 120

Zomato share price target 2025

Zomato share price target for 2025 is 150

Zomato share price target 2030

Zomato share price target for 2030 is 230

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top