Swiggy Share Price Target: Swiggy Ltd. is the second-largest food delivery platform in the Indian market space. The company also operates a B2B supply chain to cater to wholesale markets and runs a membership program as a ‘Swiggy One’ that offers exclusive dining-out and delivery to members.
This article provides you with Swiggy’s Share price target for 2024, 2025, 2026, and 2030 and market trends, competitive landscape, and business potential.
Let’s explore!
Swiggy Share Price Target 2024 to 2030
| Swiggy Share Price Target Year | Share Price Target First | Share Price Target Second |
|---|---|---|
| 2024 | 480 | 500 |
| 2025 | 530 | 550 |
| 2026 | 655 | 690 |
| 2027 | 790 | 825 |
| 2028 | 835 | 870 |
| 2029 | 974 | 1000 |
| 2030 | 1050 | 1120 |
Swiggy Ltd: Market Outlook
- Open at Rs 505.00
- Close at Rs 541.95
- Volume 26,879,369
- W VAP 512.56
- Upper Circuit Rs 559.40
- Lower Circuit Rs 395
- PE Ratio NA
- Div Yield NA
- 52-Weeks High 541.95
- 52-Weeks Low 391.00
- Market Cap Rs 1,19000 CRORE
- Face Value Rs 1.00
Swiggy Share Price Target 2024
For 2024, Swiggy’s share price target is expected to be Rs 480 while the highest share target is Rs 500. We’ll describe three key points that can affect share price in the long run.
Expansion of Services
Swiggy Ltd’s revenue growth relies heavily on its key services like food delivery, instamart, DineOut, Genie, and Minis. The company’s core strength is expanding its services and product line, increasing the services means more customer footfall and revenue growth that directly affects the share price target.
Technological Advancement
In the fast-paced changing technology age, Swiggy focused on adopting new technology to enhance customer experience and reduce the cost of services. The company is deploying an AI-driven chatbot to optimise operations, and delivery routes for agents. This technology-driven tool improves operational efficiency and reduces cost, positively affecting revenue and share price targets.
Sustainability Initiative
With the Changing customer preferences like healthy eating, green initiatives like adopting electric vehicles, and cost efficiency by adopting advanced technology, Swiggy may cut the losses and become a profitable company which means an increase in revenue and share price.
Also Read NTPC Green Energy Share Price Target
Swiggy Share Price Target 2025
For 2025, Swiggy’s share price target is expected to be reached at Rs 530 while the highest share price target at Rs.550. Here, we’ll discuss two crucial points that may improve financial growth and sales margin.
Competitive Market
The Online food delivery market is now very crowded, creating intense competition. Key players like Zomato, FoodPanda, and Ubereat continuously expanding and innovating their services to attract consumers.
Swiggy is one of the leading firms in the online delivery landscape. Its ability to adopt advanced technologies to mitigate delivery and operating costs. The company introduces innovative services to improve consumer experience. It can maintain competitive pricing and improve revenue which positively impacts profit on growth.
International Expansion
International expansion can help to increase revenue and boost market presence. The food and grocery delivery platform, Swiggy has launched a new feature named ‘’ International Logins’’. It allows users to access the app from 27 countries. All 27 countries users can order food, and groceries and book restaurant tables for spouses and relatives in India.
Swiggy Share Price Target 2026
For 2026, Swiggy’s share price target is expected to be reached at Rs 655 while the highest share price target at Rs. 690. Here, we’ll discuss two key points that may improve or downgrade financial growth and sales margin.
Partnership and Collaboration
Swiggy has partnered with restaurants, delivery partners, and several companies to boost its services. Partnership and collaboration can lead its market presence and attract more customers to the platform, leading to increased sales and revenue that would see the share price growth.
Regulatory Changes
Swiggy serves in a variety of segments such as Food delivery, and quick commerce. Changes in regulations like food safety, and delivery boy security may cause increased costs of operation that deteriorate profitability and brand reputation.
Swiggy Share Price Target 2030
For 2030, Swiggy’s share price target is expected to be Rs1050 while the highest share price target is Rs. 1120. We’ll discuss two key points that may challenge growth potential and sales margin.
Focus on Profitability
Swiggy is doing its business very efficiently. It shows the revenue of the company growing consistently.
Business Expansion
The company is highly focused on business expansion. Recently, Swiggy has introduced 10-minute food delivery service ‘’Bolt’’ and expanded over 400 cities to capture new opportunities available in the market.
Apart from its existing business vertical Swiggy has plans to double its active Dark store area by March 2025 and increase the store size. Expansion of new services could increase revenue potential and footfall of new users.
Swiggy Ltd: Peer Competitors
Swiggy has strong peer competitors that are competitive in the segment and create challenges to gain sales and profit margins. Here are five companies along with market capitalization.
- Zomato
- Market Capitalization Rs 2.63 crore, CPM Rs 286.20
- Food Panda (Owned by Delivery Hero)
- Market Capitalization around $ 4.5 billion (as of 2023)
- Danzo
- Market Capitalization around $ 775 million (as of 2023)
- UberEats ( Part of Uber Technology)
- Market Capitalization approx $56 billion (as of 2023)
- Grab
- Market Capitalization around $ 12 billion (as of 2023)
Swiggy Ltd Financials
Swiggy Ltd Q2 FY25 Results: According to quarterly results, food and grocery delivery firm announced to reduce 5 percent its losses from Rs 657 crore rupees in Q2 FY24 to Rs 625.5 crore rupees for the three-month ended quarter two financial year 2024-25 driven by strong order growth in both segment food delivery and quick commerce.
Swiggy’s revenue from operations increased by 30 percent from Rs 2,763.3 crore rupees in Q2 FY24 to Rs 3,601.5 crore rupees for the three-month ended quarter two financial year 2024-25 due to a number of user transactions growing on the platform.
Swiggy had reported revenue in the Q1FY25 of Rs 3,222.2 crore rupees while its losses were recorded at Rs 611 crore during the period.
| Particulars | Q2FY25 | Q2FY24 | Q1FY25 |
|---|---|---|---|
| Revenue from operations | 3,601.5 | 2,763.3 | 3,222.2 |
| Proft / Loss | 625.5 | 667.0 | 611.0 |
Swiggy Business Fundamentals
Established in 2014, to help customers to order food online from nearby restaurants to delivery. The Bangalore-based company started its operations in some cities and now it has a presence above 500 cities and directly competes with its peer Zomato.
The company operates in a B2B supply chain to cater to wholesale markets and runs a membership program as a ‘Swiggy One’ that offers exclusive dining-out and delivery to members.
Frequently Ask Questions Swiggy Ltd.
Q1. What is the price of Swiggy in 2030?
Swiggy share price target in 2030 is expected to be Rs 1,50 and at the higher level of Rs 1,120driven by strong earnings.
Q2. What is the future of Swiggy in 2025?
Swiiggy Ltd is a leading food delivery giant. Its revenue increasing constantly YoY and losses are decreasing. You can consider it a good sign for the long run perspective, expected share price target of Rs 530 and highest price target of Rs 550.
Q3.What is the target price of Swiggy in 2026?
Swiggy is growing very fast pace due to demand in the segment. We anticipate in 2026 Swiggy’s price target reach Rs 690.
Conclusion
Food delivery and quick commerce company, Swiggy is continuously focused on expansion of its services to beat its rival Zomat and reduce its losses to come in profit. The company’s quarterly results show its potential to mitigate costs and increase revenue from operations.
Disclaimer
In this article, the information and insights provided to you are based on my o research and experiences. This is not a buy or sale recommendation.
We are not a SEBI registered financial advisor so please before making any investment decisions do your own due diligence or consult with your financial advisor.