Zomato Share Price Target: Share becomes rocket

Zomato Share Price Target: Zomato will also come in the list of multibagger stocks, so if you want to invest then this is the right opportunity for you. Know the Zomato Share Price Target of this startup company which has high growth potential.

The supervision of Zomato company has started making its services available in India as well as abroad and the business loss is decreasing. In such a situation, should one invest in Zomato Share or not? And what could be Zomato Share Price Target 2024, 2025, 2026, 2030, 2035, 2040?

In this article, we have discussed “Zomato Share Price Target” based on our team study which can help investors in researching this company. Please do not invest based on the targets mentioned in this article and do your study and research before making any investment.

Table of Contents

• Company Overview
• Company Fundamental
• A brief technical analysis of Zomato Limited’s stock
• Zomato Financial Analysis Report
• Risk in Zomato share
• Zomato share Buy or Sell
• Zomato Share Price Target
• Our Team Conclusion
• FAQs

Company Overview

Zomato, an Indian food delivery and restaurant discovery platform, went public in July 2021. The company’s shares initially generate important attention, reflecting strong investor interest in the growing online food services sector. Zomato’s stock price saw volatility in the months following its IPO, influenced by broader market trends and the company’s financial performance.

Despite a promising start, Zomato has faced challenges such as competition, regulatory changes, and fluctuating user engagement. Investors often consider the company’s growth potential in the expanding online food market versus its path to profitability. As with any stock, potential investors should carefully evaluate Zomato’s financial health, market position, and overall industry dynamics before making investment decisions.

Company Fundamental

The company has seen a good increase in net worth in the last 3-4 years. The company has increased its market cap.

A brief technical analysis of Zomato Limited’s stock

Price Trend and Historical Performance

Zomato’s stock has displayed significant volatility since its IPO in July 2021. The initial flow was followed by periods of correction and consolidation. The stock recently touched a new low, indicating potential oversold conditions.

Moving Averages

The 50-day moving average (MA) has recently crossed below the 200-day moving average, signaling a potential bearish trend. This pattern suggests that short-term momentum is weakening compared to long-term trends. However, the 200-day MA remains upward-sloping, indicating that long-term sentiment could still be positive.

Support and Resistance Levels

Recent analysis shows that the stock is currently trading near key support levels around ₹243-₹251. A break below this level could lead to further declines. Resistance is observed around ₹259-₹265, which has acted as a cap for recent rallies. A break above this resistance could signal a potential upside.

Volume Analysis

Trading volume has been relatively low, suggesting a lack of strong conviction in either direction. Increasing volume during a price movement would be a key indicator to confirm the strength of a trend.

Summary

Analysts believe that Zomato’s strong financial position and its wide reach in the market can give it further growth in the future. The company’s investments in digitalization and plans to expand into new markets could set it up for greater growth in the future.

Zomato Financial Analysis Report

Revenue Growth

Zomato reported a strong increase in revenue, with FY2024 revenues rising by 30% year-over-year, driven by higher order volumes and an expanded user base. The company’s focus on diversifying revenue streams, including its subscription model and advertising services, has bolstered its financial performance.

Profitability

Despite revenue growth, Zomato has faced challenges in achieving consistent profitability. For FY2024, the company posted a net loss, although the loss narrowed compared to previous years. The company’s operating expenses, particularly in marketing and customer acquisition, have impacted profitability. However, management has outlined a strategic focus on improving operational efficiency and scaling its tech infrastructure to drive future profitability.

Cash Flow and Liquidity

Zomato’s cash flow position remains strong, supported by strategic investments and funding from venture capital. The company has ample liquidity, with a significant cash reserve that provides flexibility for future growth and expansion initiatives.

Outlook

Looking ahead, Zomato aims to achieve profitability through operational efficiencies and market expansion. The company’s investment in technology and customer acquisition strategies is expected to drive long-term growth and market share.

Summary

Zomato’s financial performance reflects strong revenue growth and improving operational efficiencies. While profitability remains a challenge, the company’s strategic investments and market position suggest a positive long-term outlook.

Risk in Zomato share

Talking about risk, there is a lot of risk in Zomato share when you invest for short term. Zomato company has been in loss for many years. It is not yet known when the company will become profitable but the loss of the company has reduced since last years. Whenever you invest, you should always invest for the long term. Most companies always provide benefits in the long term.

There will definitely be an increase in the work of delivery food in the coming times. Before investing, definitely consult your financial advisor so that you do not suffer any loss. We do not advise to invest in any share, so do your research before investing.

Zomato share Buy or Sell

It is a big decision whether to buy or sell shares. Whenever you buy shares, always do your research. Never buy or sell shares by taking a tip. Whenever you invest in shares, you should invest for the long term and also take advice from experts. We should always invest for whatever period we want. To invest, one should invest in long term because in short term there can be loss or even less profit. Be sure to take advice from your financial advisor.

Zomato Share Price Target

Now you will see the share future target and it can change because it is fully depend on market condition and company fundamental performance.

Our Team Conclusion

Most important point Zomato is long term stock and always keep in mind it is not for short term investment. If you will hold above 2 to 3 years then enter otherwise not. We are not a financial advisor registered by SEBI, hence before investing in Zomato Share, please think once and invest as per your own risk. The stock market is full of risks in which your entire capital can become zero. You must consult your financial advisor before investing.

FAQs