Analyst Consensus (2 calls)
Indian online food delivery giant Swiggy has significantly narrowed its losses to ₹800 crore in Q4 FY26, a 25% reduction year-on-year, while achieving a robust 45% revenue surge.
Zomato's shares witnessed a significant rally following its impressive Q4 earnings, highlighted by a substantial profit increase and revenue growth primarily fueled by its quick commerce arm, Blinkit. Analysts are largely optimistic about the company's future trajectory.
Food delivery giant Zomato [ZOMATO] has set an ambitious target of achieving $1 billion in adjusted EBITDA by FY29, following its recent achievement of profitability in FY24, as revealed by CEO Deepinder Goyal.
HSBC reiterates a 'Buy' rating on Zomato [ZOMATO], citing strong long-term value despite acknowledging an uneven growth path and intense competition challenges for its quick commerce unit, Blinkit.
Zomato [ZOMATO] is set to unveil its Q4 performance, with analysts forecasting a substantial surge in revenue and profit, largely propelled by its quick commerce arm, Blinkit.
HSBC has trimmed target prices for quick commerce players following fee increases, but maintains a bullish stance on Zomato while cautioning on Swiggy due to intensifying competition and pricing pressures.