Zomato’s 4Q Earnings Report: Net Income Misses Estimates Despite Revenue Increase

Zomato on Smartkarma

Analyst coverage of Zomato on Smartkarma reveals varied sentiments and insights from top independent analysts. Sumeet Singh‘s report titled “Zomato Placement – Momentum Is Very Strong, Somewhat Well Flagged” discusses AntFin’s plan to raise around US$350m by selling a portion of Zomato, highlighting the deal dynamics and Ant Group’s previous stake sales. On the bullish side, Clarence Chu‘s analysis, “Zomato Placement – SVF’s Overhang Will Be Lifted Post-Deal, Momentum on the Stock Remains Strong,” notes Softbank Group’s intent to raise US$135m from selling its remaining stake in Zomato, portraying the deal as a cleanup move that won’t impact Zomato significantly.

Pranav Bhavsar‘s perspective in the report “[Week 15] Namaste India 🙏 | 2023 Bloopers Edition” takes a wider view, mentioning Zomato among market bloopers to be addressed for potential enhancements. Additionally, Sumeet Singh‘s contrasting bearish report “Zomato Lock-Up – Last of the Softbank Selldown” reflects on Softbank’s earlier selldowns after Zomato‘s acquisition of Blinkit shares, hinting at another possible selldown. These insights from multiple analysts on Smartkarma provide investors with a comprehensive view of Zomato‘s current situation and future prospects.

A look at Zomato Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores have provided insights into the long-term outlook for Zomato, the online restaurant guide and food ordering platform. With a strong growth score of 5, Zomato is well-positioned for expansion and market success. Its resilience score of 5 indicates the company’s ability to withstand challenges and adapt to market dynamics, bolstering confidence in its long-term sustainability. Additionally, Zomato has a momentum score of 5, showcasing positive market momentum and investor interest in the company’s future prospects.

While Zomato‘s value score is at 2 and dividend score is at 1, the high growth, resilience, and momentum scores paint a positive outlook for the company’s continued success in the online food service industry. With its platform connecting customers, restaurants, and delivery partners worldwide, Zomato‘s innovative approach and strong market position could drive significant growth and value creation in the foreseeable future.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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