ETERNAL

Share Price Target 2026: Brokerages turn bullish on Zomato parent after strong Q4, See up to 35% upside

Eternal Share Price Target 2026: Brokerages such as Goldman Sachs and Morgan Stanley have turned positive on Eternal, the parent company of Zomato, following its strong Q4 performance. Analysts believe the stock has meaningful upside potential over the coming years. Eternal Q4 Update Deepinder Goyal-led, Eternal reported a sharp improvement in its fourth-quarter earnings on Tuesday, April 28, posting a multi-fold jump in consolidated net profit to Rs 174 crore. Revenue from operations surged to Rs 17,292 crore, compared to Rs 5,833 crore in the same quarter last year, reflecting significant business expansion. However, total expenses also rose substantially to Rs 17,406 crore, up from Rs 6,104 crore in the corresponding quarter of the previous financial year, indicating continued investment in growth and operations.