{"id":70256,"date":"2026-04-13T15:58:18","date_gmt":"2026-04-13T10:28:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=70256"},"modified":"2026-09-30T11:16:24","modified_gmt":"2026-09-30T05:46:24","slug":"blogs-zomato-target-share-price-target-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/","title":{"rendered":"Zomato Share Price Target 2026 (Eternal): Analyst Targets, Bull Case and Bear Case After Q1 FY27 Results"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Eternal (Zomato) CMP Rs 322.60 (30 Sep 2026). 52-week range Rs 212.60 to Rs 368.45. Q1 FY27 PAT Rs 92 crore. Targets Rs 350 to Rs 415, Macquarie Rs 190. P\/E about 727x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Zomato share price target for 2026 clusters between Rs 350 and Rs 415 among bullish brokerages, against a current price of about Rs 322. Jefferies is at Rs 415, Citi at Rs 385 and Morgan Stanley at Rs 373, while Macquarie sits at Rs 190 with an Underperform rating. The stock has gained about 26 percent since late June after a Q1 FY27 quarter in which Blinkit&#8217;s adjusted EBITDA reached Rs 102 crore, against a loss of Rs 162 crore a year earlier. At roughly 727 times trailing earnings, the upside to the average target near Rs 367 is about 14 percent, so the margin for error is thin.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/univest.in\/stocks\/eternal\/zomato-ltd-share-price-today\">Eternal Ltd<\/a> (formerly Zomato) trades around Rs 322 on 30 September 2026, about 12.4 percent below its 52-week high of Rs 368.45 and 51.7 percent above its 52-week low of Rs 212.60. The Zomato share price target from brokerages has moved higher since the June quarter results, with Jefferies at Rs 415, Citi at Rs 385 and Morgan Stanley at Rs 373. Macquarie is the only Underperform among the five brokerages tracked here, with a target of Rs 190.<\/p>\n<p>Since the last update in June 2026, the stock has gained about 26 percent, Q1 FY27 results have been filed and most analyst targets have been revised. Below you will find the price snapshot, the Q1 FY27 segment breakdown, every brokerage target, support and resistance levels, the shareholding trend and a bull, base and bear scenario table.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=zomato-share-price-target\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#What_Is_the_Zomato_Share_Price_Target_for_2026\" title=\"What Is the Zomato Share Price Target for 2026?\">What Is the Zomato Share Price Target for 2026?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Zomato_Share_Price_Target_by_Brokerage_After_Q1_FY27\" title=\"Zomato Share Price Target by Brokerage After Q1 FY27\">Zomato Share Price Target by Brokerage After Q1 FY27<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Zomato_Share_Price_Today_Snapshot_as_of_30_September_2026\" title=\"Zomato Share Price Today: Snapshot as of 30 September 2026\">Zomato Share Price Today: Snapshot as of 30 September 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#About_Eternal_Zomato_Business_Ticker_and_FY26_Financials\" title=\"About Eternal (Zomato): Business, Ticker and FY26 Financials\">About Eternal (Zomato): Business, Ticker and FY26 Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#How_Did_Eternal_Zomato_Perform_in_Q1_FY27\" title=\"How Did Eternal (Zomato) Perform in Q1 FY27?\">How Did Eternal (Zomato) Perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Key_Catalysts_for_the_Zomato_Share_Price_Target_in_2026\" title=\"Key Catalysts for the Zomato Share Price Target in 2026\">Key Catalysts for the Zomato Share Price Target in 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#1_Blinkit_Margin_Ramp\" title=\"1. Blinkit Margin Ramp\">1. Blinkit Margin Ramp<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#2_Food_Delivery_Compounding\" title=\"2. Food Delivery Compounding\">2. Food Delivery Compounding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#3_Store_Expansion_Into_Next-Tier_Cities\" title=\"3. Store Expansion Into Next-Tier Cities\">3. Store Expansion Into Next-Tier Cities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#4_Hyperpure_and_District_Optionality\" title=\"4. Hyperpure and District Optionality\">4. Hyperpure and District Optionality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#5_Leadership_and_Guidance\" title=\"5. Leadership and Guidance\">5. Leadership and Guidance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#What_Are_the_Key_Risks_to_the_Zomato_Share_Price_Target\" title=\"What Are the Key Risks to the Zomato Share Price Target?\">What Are the Key Risks to the Zomato Share Price Target?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Valuation_Near_727x_Earnings\" title=\"Valuation Near 727x Earnings\">Valuation Near 727x Earnings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Sustained_FII_Selling\" title=\"Sustained FII Selling\">Sustained FII Selling<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Quick_Commerce_Competition_and_Thin_Margins\" title=\"Quick Commerce Competition and Thin Margins\">Quick Commerce Competition and Thin Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Earnings_Volatility_Around_Q2_FY27_Results\" title=\"Earnings Volatility Around Q2 FY27 Results\">Earnings Volatility Around Q2 FY27 Results<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Zomato_Stock_Analysis_Support_and_Resistance_Levels\" title=\"Zomato Stock Analysis: Support and Resistance Levels\">Zomato Stock Analysis: Support and Resistance Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Institutional_Holding_How_FII_and_DII_Shareholding_in_Eternal_Has_Changed\" title=\"Institutional Holding: How FII and DII Shareholding in Eternal Has Changed\">Institutional Holding: How FII and DII Shareholding in Eternal Has Changed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Zomato_Share_Price_Target_2026_and_2027_Short_Medium_and_Long_Term\" title=\"Zomato Share Price Target 2026 and 2027: Short, Medium and Long Term\">Zomato Share Price Target 2026 and 2027: Short, Medium and Long Term<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Short-Term_Zomato_Share_Price_Target_3_to_6_Months\" title=\"Short-Term Zomato Share Price Target (3 to 6 Months)\">Short-Term Zomato Share Price Target (3 to 6 Months)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#12-Month_Analyst_Consensus_Target\" title=\"12-Month Analyst Consensus Target\">12-Month Analyst Consensus Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Long-Term_Zomato_Share_Price_Target_2027_to_2028\" title=\"Long-Term Zomato Share Price Target (2027 to 2028)\">Long-Term Zomato Share Price Target (2027 to 2028)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Zomato_Share_Price_Target_Scenarios_Bull_Case_Base_Case_and_Bear_Case\" title=\"Zomato Share Price Target Scenarios: Bull Case, Base Case and Bear Case\">Zomato Share Price Target Scenarios: Bull Case, Base Case and Bear Case<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Is_Zomato_a_Good_Buy_at_Rs_322_Zomato_Buy_or_Sell_View\" title=\"Is Zomato a Good Buy at Rs 322? Zomato Buy or Sell View\">Is Zomato a Good Buy at Rs 322? Zomato Buy or Sell View<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#How_to_Invest_in_Zomato_Eternal_Shares\" title=\"How to Invest in Zomato (Eternal) Shares\">How to Invest in Zomato (Eternal) Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#FAQs_on_Zomato_Share_Price_Target_2026\" title=\"FAQs on Zomato Share Price Target 2026\">FAQs on Zomato Share Price Target 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#What_is_the_Zomato_share_price_target_for_2026\" title=\"What is the Zomato share price target for 2026?\">What is the Zomato share price target for 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Is_Zomato_the_same_as_Eternal\" title=\"Is Zomato the same as Eternal?\">Is Zomato the same as Eternal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Is_Zomato_a_good_stock_to_buy_at_Rs_322\" title=\"Is Zomato a good stock to buy at Rs 322?\">Is Zomato a good stock to buy at Rs 322?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#What_is_the_Zomato_share_price_target_for_2027\" title=\"What is the Zomato share price target for 2027?\">What is the Zomato share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#Why_has_the_Zomato_share_price_risen_since_June_2026\" title=\"Why has the Zomato share price risen since June 2026?\">Why has the Zomato share price risen since June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#What_are_the_risks_to_the_Zomato_share_price_target\" title=\"What are the risks to the Zomato share price target?\">What are the risks to the Zomato share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#What_are_Zomatos_52-week_high_and_low\" title=\"What are Zomato&#8217;s 52-week high and low?\">What are Zomato&#8217;s 52-week high and low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/univest.in\/blogs-2\/blogs-zomato-target-share-price-target-2026\/#How_can_I_track_Zomato_share_price_target_updates\" title=\"How can I track Zomato share price target updates?\">How can I track Zomato share price target updates?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Zomato_Share_Price_Target_for_2026\"><\/span><strong>What Is the Zomato Share Price Target for 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Zomato share price target for 2026 ranges from Rs 350 to Rs 385 among most Buy-rated brokerages, with Jefferies at Rs 415 as the highest of the five brokerages tracked below and Macquarie at Rs 190 as the lowest. Against the current price of about Rs 322, the Rs 350 to Rs 385 band implies 8.5 to 19 percent upside. The average of tracked analyst targets is near Rs 367, about 14 percent above the market price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Zomato_Share_Price_Target_by_Brokerage_After_Q1_FY27\"><\/span><strong>Zomato Share Price Target by Brokerage After Q1 FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tr>\n<th>Brokerage<\/th>\n<th>Rating<\/th>\n<th>Target (Rs)<\/th>\n<th>Move vs Rs 322.60<\/th>\n<th>Latest Action<\/th>\n<\/tr>\n<tr>\n<td>Jefferies<\/td>\n<td>Buy<\/td>\n<td>415<\/td>\n<td>+28.6%<\/td>\n<td>Raised from Rs 400 after Q1 FY27 (July 2026)<\/td>\n<\/tr>\n<tr>\n<td>Citi<\/td>\n<td>Buy<\/td>\n<td>385<\/td>\n<td>+19.3%<\/td>\n<td>Raised from Rs 360 after Q1 FY27<\/td>\n<\/tr>\n<tr>\n<td>Morgan Stanley<\/td>\n<td>Overweight<\/td>\n<td>373<\/td>\n<td>+15.6%<\/td>\n<td>Raised from Rs 347 after Q1 FY27<\/td>\n<\/tr>\n<tr>\n<td>Goldman Sachs<\/td>\n<td>Buy<\/td>\n<td>350<\/td>\n<td>+8.5%<\/td>\n<td>Raised from Rs 340 on 27 June 2026<\/td>\n<\/tr>\n<tr>\n<td>Macquarie<\/td>\n<td>Underperform<\/td>\n<td>190<\/td>\n<td>-41.1%<\/td>\n<td>Cautious on quick commerce economics and valuation<\/td>\n<\/tr>\n<tr>\n<td>Average across all tracked analysts<\/td>\n<td>Consensus Buy<\/td>\n<td>367<\/td>\n<td>+13.8%<\/td>\n<td>As of 29 September 2026<\/td>\n<\/tr>\n<\/table>\n<p>Four of the five brokerages carry a Buy or Overweight rating, and three raised their targets after the June quarter. Morgan Stanley lifted its EPS estimates after a strong Q1 and positive management commentary. Macquarie argues that today&#8217;s price already reflects a large share of the quick commerce opportunity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Zomato_Share_Price_Today_Snapshot_as_of_30_September_2026\"><\/span><strong>Zomato Share Price Today: Snapshot as of 30 September 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Zomato share price today is Rs 322.60 on the NSE, down 1.60 percent from the previous close of Rs 327.85, with a market capitalisation of Rs 3,15,566 crore. The stock is trading in the upper half of its 52-week range after a 39 percent gain over six months, and the average Zomato share price target of Rs 367 sits about 14 percent above it.<\/p>\n<table>\n<tr>\n<th>Parameter<\/th>\n<th>Value<\/th>\n<th>Context<\/th>\n<\/tr>\n<tr>\n<td>Current Market Price (CMP)<\/td>\n<td>Rs 322.60<\/td>\n<td>NSE, 30 Sep 2026, 10:15 AM IST<\/td>\n<\/tr>\n<tr>\n<td>Previous Close<\/td>\n<td>Rs 327.85<\/td>\n<td>29 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 368.45<\/td>\n<td>Set in October 2025; CMP is 12.4% below<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 212.60<\/td>\n<td>Set in March 2026; CMP is 51.7% above<\/td>\n<\/tr>\n<tr>\n<td>6-Month Return<\/td>\n<td>About +39%<\/td>\n<td>Weekly close Rs 231.72 in the week of 30 Mar 2026<\/td>\n<\/tr>\n<tr>\n<td>1-Year Return<\/td>\n<td>About -2%<\/td>\n<td>Weekly close Rs 328.45 in the week of 29 Sep 2025<\/td>\n<\/tr>\n<tr>\n<td>Market Capitalisation<\/td>\n<td>Rs 3,15,566 crore<\/td>\n<td>Large cap, Nifty 50 constituent<\/td>\n<\/tr>\n<tr>\n<td>Trailing P\/E<\/td>\n<td>About 727x<\/td>\n<td>Industry P\/E about 122x<\/td>\n<\/tr>\n<tr>\n<td>P\/B Ratio<\/td>\n<td>About 10.2x<\/td>\n<td>Book value Rs 32.14 per share<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 0.45<\/td>\n<td>Trailing twelve months<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>About 1.2%<\/td>\n<td>Debt to equity 0.15<\/td>\n<\/tr>\n<tr>\n<td>Dividend<\/td>\n<td>Nil<\/td>\n<td>No dividend paid for FY26<\/td>\n<\/tr>\n<tr>\n<td>Average Analyst Target<\/td>\n<td>Rs 367<\/td>\n<td>About 14% above CMP<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track live price, fundamentals and analyst upgrades on the Univest Screener.<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Eternal_Zomato_Business_Ticker_and_FY26_Financials\"><\/span><strong>About Eternal (Zomato): Business, Ticker and FY26 Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eternal Ltd is the parent company of Zomato (food delivery), Blinkit (quick commerce), District (going-out and ticketing) and Hyperpure (B2B restaurant supplies). It trades as ETERNAL on the NSE and 543320 on the BSE, and it is a constituent of the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a>. Albinder Dhindsa is Group CEO, founder Deepinder Goyal holds 4.40 percent, and the company has no promoter holding.<\/p>\n<p>For FY26, revenue from operations rose 169 percent to Rs 54,364 crore, while net profit fell to Rs 366 crore from Rs 527 crore as the company kept investing in quick commerce. The stock trades at a trailing PE multiple of about 727 times against an industry average near 122 times. This means the Eternal share price target rests on future growth, not on current earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Did_Eternal_Zomato_Perform_in_Q1_FY27\"><\/span><strong>How Did Eternal (Zomato) Perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eternal reported a Q1 FY27 net profit of Rs 92 crore, up 268 percent from Rs 25 crore a year earlier, on revenue from operations of Rs 20,211 crore, up 182 percent. Consolidated adjusted EBITDA rose 223 percent to Rs 555 crore. Blinkit is now the larger business by order value, contributing about 55 percent of consumer NOV. These are the numbers behind the higher Zomato share price target from three brokerages.<\/p>\n<table>\n<tr>\n<th>Segment<\/th>\n<th>Q1 FY27 NOV<\/th>\n<th>YoY Growth<\/th>\n<th>Adjusted EBITDA<\/th>\n<\/tr>\n<tr>\n<td>Food Delivery (Zomato)<\/td>\n<td>Rs 10,769 crore<\/td>\n<td>20.1%<\/td>\n<td>Rs 606 crore (5.6% of NOV)<\/td>\n<\/tr>\n<tr>\n<td>Blinkit<\/td>\n<td>Rs 17,132 crore<\/td>\n<td>86.2%<\/td>\n<td>Rs 102 crore (loss of Rs 162 crore a year ago)<\/td>\n<\/tr>\n<tr>\n<td>Consolidated<\/td>\n<td>Rs 31,120 crore<\/td>\n<td>54%<\/td>\n<td>Rs 555 crore (up 223%)<\/td>\n<\/tr>\n<\/table>\n<p>Sequentially, net profit fell 47.1 percent from Rs 174 crore in Q4 FY26 as the company kept investing in expansion. Blinkit now runs 2,443 stores after adding 200 in the quarter, and Hyperpure added Rs 6 crore of adjusted EBITDA. District and other units together posted an adjusted EBITDA loss of Rs 159 crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Catalysts_for_the_Zomato_Share_Price_Target_in_2026\"><\/span><strong>Key Catalysts for the Zomato Share Price Target in 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Blinkit_Margin_Ramp\"><\/span><strong>1. Blinkit Margin Ramp<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Blinkit&#8217;s move from an adjusted EBITDA margin of about 0.6 percent of NOV toward management&#8217;s 6 percent steady-state assumption is the biggest swing factor for the Zomato target price. Morgan Stanley expects quick commerce margins to settle at the upper end of the 5 to 6 percent range. Because Blinkit is about 55 percent of consumer NOV, even small margin gains change consolidated profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Food_Delivery_Compounding\"><\/span><strong>2. Food Delivery Compounding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Food delivery NOV grew 20.1 percent year on year and 10.4 percent quarter on quarter to Rs 10,769 crore in Q1 FY27. Jefferies called the performance stronger than expected, with faster growth and better profitability. This 5.6 percent margin business funds the quick commerce build-out and underpins the Zomato share price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Store_Expansion_Into_Next-Tier_Cities\"><\/span><strong>3. Store Expansion Into Next-Tier Cities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Blinkit&#8217;s network of 2,443 stores is on the way to the company&#8217;s target of 3,000 stores by March 2027. Citi points to deeper penetration in next-tier cities and believes discounting alone is unlikely to dent Eternal&#8217;s position. These are the sector tailwinds that support the Zomato stock target 2026 range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Hyperpure_and_District_Optionality\"><\/span><strong>4. Hyperpure and District Optionality<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hyperpure stayed adjusted EBITDA positive at Rs 6 crore in Q1 FY27, while District is still loss-making as it builds the going-out category. Together they give the Zomato price forecast options beyond the two core businesses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Leadership_and_Guidance\"><\/span><strong>5. Leadership and Guidance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Group CEO Albinder Dhindsa&#8217;s commentary on competition is now a results-day catalyst. Jefferies noted that Blinkit is avoiding aggressive short-term discounting and prioritising sustainable growth, which supports the FY27 outlook.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_the_Key_Risks_to_the_Zomato_Share_Price_Target\"><\/span><strong>What Are the Key Risks to the Zomato Share Price Target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The main risks are a valuation near 727 times earnings, continued FII selling, thin Blinkit margins and volatility around quarterly results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Near_727x_Earnings\"><\/span><strong>Valuation Near 727x Earnings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a trailing PE multiple of about 727 times against an industry average near 122 times, and a price to book of about 10.2 times, Eternal is priced for years of growth. Return on equity is only about 1.2 percent. Macquarie&#8217;s Underperform rating with a Rs 190 target reflects this concern.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Sustained_FII_Selling\"><\/span><strong>Sustained FII Selling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Foreign institutions cut their stake from 42.34 percent in June 2025 to 29.08 percent in June 2026. Domestic institutions absorbed the selling, but further FII exits could cap the rally, especially in risk-off phases.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quick_Commerce_Competition_and_Thin_Margins\"><\/span><strong>Quick Commerce Competition and Thin Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Blinkit&#8217;s adjusted EBITDA margin is about 0.6 percent of NOV against the 6 percent assumption. A price war or faster dark store additions by rivals would delay that path, and Macquarie questions how sustainable quick commerce profitability is.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Volatility_Around_Q2_FY27_Results\"><\/span><strong>Earnings Volatility Around Q2 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit fell 47.1 percent from Q4 FY26 to Q1 FY27, and the company closed its insider trading window on 18 September 2026 ahead of the September quarter results. The results date is not confirmed, and the statutory deadline is 14 November 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Zomato_Stock_Analysis_Support_and_Resistance_Levels\"><\/span><strong>Zomato Stock Analysis: Support and Resistance Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Zomato stock analysis on weekly charts shows a trading range of Rs 310 to Rs 345 through August and September 2026, after the stock climbed from Rs 255 in late June.<\/p>\n<p>The first support level is Rs 310 to Rs 316, where the weekly lows of August and mid-September formed. Below that, Rs 300 is the early-August low and Rs 275 to Rs 280 marks the July lows. A weekly close below Rs 300 would weaken the recovery structure.<\/p>\n<p>The first resistance level is Rs 335 to Rs 345, capped by the Rs 344.40 high of the week of 21 September. A weekly close above Rs 345 would put the 52-week high of Rs 368.45 in view, about 14 percent above the current price. These levels are drawn from weekly price action and are not trade recommendations, but they frame the near-term Zomato share price target.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_How_FII_and_DII_Shareholding_in_Eternal_Has_Changed\"><\/span><strong>Institutional Holding: How FII and DII Shareholding in Eternal Has Changed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Foreign institutions now hold 29.08 percent of Eternal, down from 42.34 percent in June 2025, while domestic institutions hold 39.32 percent, up from 26.59 percent.<\/p>\n<table>\n<tr>\n<th>Quarter<\/th>\n<th>FII Holding<\/th>\n<th>DII Holding<\/th>\n<th>Public Holding<\/th>\n<\/tr>\n<tr>\n<td>Jun 2025<\/td>\n<td>42.34%<\/td>\n<td>26.59%<\/td>\n<td>31.07%<\/td>\n<\/tr>\n<tr>\n<td>Sep 2025<\/td>\n<td>39.04%<\/td>\n<td>30.12%<\/td>\n<td>30.84%<\/td>\n<\/tr>\n<tr>\n<td>Dec 2025<\/td>\n<td>36.24%<\/td>\n<td>32.71%<\/td>\n<td>31.05%<\/td>\n<\/tr>\n<tr>\n<td>Mar 2026<\/td>\n<td>32.61%<\/td>\n<td>35.99%<\/td>\n<td>31.41%<\/td>\n<\/tr>\n<tr>\n<td>Jun 2026<\/td>\n<td>29.08%<\/td>\n<td>39.32%<\/td>\n<td>31.61%<\/td>\n<\/tr>\n<\/table>\n<p>Domestic funds, ETFs and insurers absorbed 12.73 percentage points of stock over the year, which is why the FII exit has not produced a matching price fall; the stock is about 2 percent lower than a year ago. Info Edge (India) holds 12.38 percent, and with no promoter holding, institutional and retail flows set the price.<\/p>\n<p>A reversal in FII flows would remove a key overhang for the Zomato share price target. The September quarter shareholding update will show whether the decline continued.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Zomato_Share_Price_Target_2026_and_2027_Short_Medium_and_Long_Term\"><\/span><strong>Zomato Share Price Target 2026 and 2027: Short, Medium and Long Term<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short-Term_Zomato_Share_Price_Target_3_to_6_Months\"><\/span><strong>Short-Term Zomato Share Price Target (3 to 6 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The short-term Zomato share price target range is Rs 305 to Rs 345, matching the August to September trading band. A close above Rs 345 would set up a test of the 52-week high, while a drop under Rs 300 would put Rs 275 to Rs 280 in play. Q2 FY27 results are the main near-term trigger.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12-Month_Analyst_Consensus_Target\"><\/span><strong>12-Month Analyst Consensus Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month Zomato target price from Buy-rated brokerages is Rs 350 to Rs 385, with the analyst consensus near Rs 367. This base case assumes Blinkit keeps scaling while margins move toward the 5 to 6 percent range, food delivery holds 20 percent growth and no macro shock arrives.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Long-Term_Zomato_Share_Price_Target_2027_to_2028\"><\/span><strong>Long-Term Zomato Share Price Target (2027 to 2028)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The long-term Zomato share price target for 2027 to 2028 is Rs 420 to Rs 520 in the Univest scenario range. This needs Blinkit to sustain the guided 60 percent plus NOV CAGR over FY26 to FY29, food delivery to compound at 20 percent plus and quick commerce to turn durably profitable. A slowdown in Blinkit or a prolonged margin war would push this timeline out.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Zomato_Share_Price_Target_Scenarios_Bull_Case_Base_Case_and_Bear_Case\"><\/span><strong>Zomato Share Price Target Scenarios: Bull Case, Base Case and Bear Case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tr>\n<th>Scenario<\/th>\n<th>Price Target<\/th>\n<th>Assumption<\/th>\n<\/tr>\n<tr>\n<td>Bear Case<\/td>\n<td>Rs 212 to Rs 250<\/td>\n<td>Blinkit margins stall, competition intensifies, FII selling continues<\/td>\n<\/tr>\n<tr>\n<td>Base Case (Consensus)<\/td>\n<td>Rs 350 to Rs 385<\/td>\n<td>In-line execution; Goldman Rs 350, Morgan Stanley Rs 373, Citi Rs 385<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 400 to Rs 430<\/td>\n<td>Faster Blinkit margin ramp toward 6%; Jefferies at Rs 415<\/td>\n<\/tr>\n<tr>\n<td>Short-Term Range<\/td>\n<td>Rs 305 to Rs 345<\/td>\n<td>3 to 6 month band based on August to September trading<\/td>\n<\/tr>\n<tr>\n<td>Long-Term (2027 to 2028)<\/td>\n<td>Rs 420 to Rs 520<\/td>\n<td>Blinkit 60%+ NOV CAGR, food delivery 20%+ growth<\/td>\n<\/tr>\n<\/table>\n<p>The bear case of Rs 212 to Rs 250 sits near the 52-week low, and Macquarie&#8217;s Rs 190 is lower still. The bull case of Rs 400 to Rs 430 needs a faster path to a 6 percent Blinkit margin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Zomato_a_Good_Buy_at_Rs_322_Zomato_Buy_or_Sell_View\"><\/span><strong>Is Zomato a Good Buy at Rs 322? Zomato Buy or Sell View<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Whether Zomato is a buy at Rs 322 depends on horizon and risk appetite. The upside to the average Zomato share price target is about 14 percent, compared with the 30 percent plus upside that existed in June at Rs 255, and the stock trades at 727 times earnings.<\/p>\n<p>Long-term holders may focus on Blinkit&#8217;s margin path and food delivery growth, and treat the Rs 300 to Rs 316 zone as the levels to watch. Short-term traders may prefer to wait for the Q2 FY27 result reaction before taking fresh positions. Position sizing matters because a 25 percent drawdown is within this stock&#8217;s history: it fell from a weekly close of Rs 287.70 to Rs 215.68 between mid-January and mid-March 2026.<\/p>\n<p>Consult a SEBI-registered advisor before acting, since this Zomato buy or sell view is educational and not personal advice.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Zomato_Eternal_Shares\"><\/span><strong>How to Invest in Zomato (Eternal) Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Step 1: Check the live price, PE multiple and the latest Zomato share price target range on the Univest Screener.<\/p>\n<p>Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest.<\/p>\n<p>Step 3: Search for ETERNAL on the NSE or 543320 on the BSE in your trading app.<\/p>\n<p>Step 4: Place a limit order near your planned entry price and size the position so a 25 percent fall is bearable.<\/p>\n<p>Step 5: Track Q2 FY27 results, Blinkit margins and FII flows, and set price alerts on the Univest App.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Eternal (Zomato) live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eternal (Zomato) trades around Rs 322 against a Zomato share price target range of Rs 350 to Rs 385 from Buy-rated brokerages, with Jefferies at Rs 415 and Macquarie at Rs 190. Q1 FY27 delivered a net profit of Rs 92 crore, Blinkit adjusted EBITDA of Rs 102 crore (up from Rs 37 crore in Q4 FY26) and food delivery margins of 5.6 percent. The main risks are the 727x valuation, FII selling and thin quick commerce margins.<\/p>\n<p>The stock has moved about 26 percent in three months, so the upside to consensus is now roughly 14 percent. The triggers to watch are Q2 FY27 results, Blinkit&#8217;s margin, FII flows and the Rs 310 and Rs 345 levels. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Zomato_Share_Price_Target_2026\"><\/span><strong>FAQs on Zomato Share Price Target 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Zomato_share_price_target_for_2026\"><\/span><strong>What is the Zomato share price target for 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Zomato share price target for 2026 is Rs 350 to Rs 385 from most Buy-rated brokerages, with Jefferies at Rs 415, Citi at Rs 385, Morgan Stanley at Rs 373 and Goldman Sachs at Rs 350. Macquarie is the outlier at Rs 190 with an Underperform rating. These are analyst estimates and can change after every quarterly result.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Zomato_the_same_as_Eternal\"><\/span><strong>Is Zomato the same as Eternal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. Zomato Ltd is now Eternal Ltd, which trades as ETERNAL on the NSE and 543320 on the BSE. The company owns Zomato, Blinkit, District and Hyperpure, so any Eternal share price target refers to the same stock that most investors still search for as Zomato.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Zomato_a_good_stock_to_buy_at_Rs_322\"><\/span><strong>Is Zomato a good stock to buy at Rs 322?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Whether Zomato is a good buy at Rs 322 depends on your horizon and risk appetite. The average analyst target of about Rs 367 implies roughly 14 percent upside, while the stock trades at about 727 times trailing earnings and pays no dividend. Consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Zomato_share_price_target_for_2027\"><\/span><strong>What is the Zomato share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Zomato share price target for 2027 to 2028 is Rs 420 to Rs 520 in a long-term scenario that assumes Blinkit NOV compounds at 60 percent plus, food delivery grows 20 percent plus and quick commerce turns durably profitable. Brokerage 12-month targets sit lower, at Rs 350 to Rs 385.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_has_the_Zomato_share_price_risen_since_June_2026\"><\/span><strong>Why has the Zomato share price risen since June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Zomato share price is up about 26 percent since late June, from around Rs 255 to about Rs 322. The rise began before the Q1 FY27 results in July and extended after them, when Blinkit adjusted EBITDA reached Rs 102 crore and food delivery NOV grew 20.1 percent. Morgan Stanley, Citi and Jefferies raised their targets after the results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_to_the_Zomato_share_price_target\"><\/span><strong>What are the risks to the Zomato share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are a valuation near 727 times earnings, FII selling that cut foreign holding from 42.34 percent to 29.08 percent in a year, Blinkit margins near 0.6 percent of NOV and volatility around Q2 FY27 results. Macquarie&#8217;s Rs 190 target reflects the bear view on these points.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Zomatos_52-week_high_and_low\"><\/span><strong>What are Zomato&#8217;s 52-week high and low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Zomato&#8217;s 52-week high is Rs 368.45, set in October 2025, and its 52-week low is Rs 212.60, set in March 2026. At about Rs 322, the stock is 12.4 percent below the high and 51.7 percent above the low.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_track_Zomato_share_price_target_updates\"><\/span><strong>How can I track Zomato share price target updates?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can track the live Zomato share price today, brokerage target changes, FII and DII flows and quarterly results on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts and price alerts on ETERNAL.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Zomato share price target for 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Zomato share price target for 2026 is Rs 350 to Rs 385 from most Buy-rated brokerages, with Jefferies at Rs 415, Citi at Rs 385, Morgan Stanley at Rs 373 and Goldman Sachs at Rs 350. Macquarie is the outlier at Rs 190 with an Underperform rating. These are analyst estimates and can change after every quarterly result.\"}},{\"@type\":\"Question\",\"name\":\"Is Zomato the same as Eternal?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. Zomato Ltd is now Eternal Ltd, which trades as ETERNAL on the NSE and 543320 on the BSE. The company owns Zomato, Blinkit, District and Hyperpure, so any Eternal share price target refers to the same stock that most investors still search for as Zomato.\"}},{\"@type\":\"Question\",\"name\":\"Is Zomato a good stock to buy at Rs 322?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Whether Zomato is a good buy at Rs 322 depends on your horizon and risk appetite. The average analyst target of about Rs 367 implies roughly 14 percent upside, while the stock trades at about 727 times trailing earnings and pays no dividend. Consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"What is the Zomato share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Zomato share price target for 2027 to 2028 is Rs 420 to Rs 520 in a long-term scenario that assumes Blinkit NOV compounds at 60 percent plus, food delivery grows 20 percent plus and quick commerce turns durably profitable. Brokerage 12-month targets sit lower, at Rs 350 to Rs 385.\"}},{\"@type\":\"Question\",\"name\":\"Why has the Zomato share price risen since June 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Zomato share price is up about 26 percent since late June, from around Rs 255 to about Rs 322. The rise began before the Q1 FY27 results in July and extended after them, when Blinkit adjusted EBITDA reached Rs 102 crore and food delivery NOV grew 20.1 percent. Morgan Stanley, Citi and Jefferies raised their targets after the results.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks to the Zomato share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are a valuation near 727 times earnings, FII selling that cut foreign holding from 42.34 percent to 29.08 percent in a year, Blinkit margins near 0.6 percent of NOV and volatility around Q2 FY27 results. Macquarie's Rs 190 target reflects the bear view on these points.\"}},{\"@type\":\"Question\",\"name\":\"What are Zomato's 52-week high and low?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Zomato's 52-week high is Rs 368.45, set in October 2025, and its 52-week low is Rs 212.60, set in March 2026. At about Rs 322, the stock is 12.4 percent below the high and 51.7 percent above the low.\"}},{\"@type\":\"Question\",\"name\":\"How can I track Zomato share price target updates?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can track the live Zomato share price today, brokerage target changes, FII and DII flows and quarterly results on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts and price alerts on ETERNAL.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zomato share price target 2026: brokerages see Rs 350 to Rs 385, with Jefferies at Rs 415 and Macquarie at Rs 190, against a price of about Rs 322 after Q1 FY27 results.<\/p>\n","protected":false},"author":35,"featured_media":280248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[7666,7665,7663,7667,7662,524,7664],"class_list":["post-70256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blinkit","tag-eternal-ltd","tag-eternal-share-price-target","tag-zomato-q1-fy27-results","tag-zomato-share-price-target","tag-zomato-share-price-today","tag-zomato-stock-analysis"],"metadata":{"_edit_lock":["1790747571:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["80"],"rank_math_focus_keyword":["Zomato share price target"],"rank_math_title":["Zomato Share Price Target 2026: Buy Targets Up to Rs 415"],"rank_math_description":["Zomato share price target 2026: Jefferies Rs 415, Citi Rs 385, Morgan Stanley Rs 373 vs CMP Rs 322. Q1 FY27 results, bull case, bear case, key risks and FAQs."],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"_thumbnail_id":["280248"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["7932"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/zomato-share-price-target-2026-eternal-analyst-targets-bull-case-and-bear-case-1.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/70256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=70256"}],"version-history":[{"count":4,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/70256\/revisions"}],"predecessor-version":[{"id":280251,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/70256\/revisions\/280251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/280248"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=70256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=70256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=70256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}