Paytm Share Price Target & Forecast for 2022, 2023, 2025, 2030 is range bound as per stock valuation, profitability and business growth. Paytm made a debut in stock market with upper price band of Rs 2150, but on opening day stock losses more than 20%.
Due to high valuation and regular losses in financial results, stock market have not favoured Paytm share in this IPO buzz. Paytm share price target for 2022 can be in between 1400 to 2000 and it also depends on quarterly financial results and performance of the company. Paytm Stock trend will be known in some trading sessions and then proper decision on stock can be made. Paytm stock price prediction for 2022 can be made after new financial results, trading sessions and announcements.
Paytm business is good and they have diversified in various segments like payment bank, wallet payment, Paytm mall, Paytm money, insurance, travel, mutual funds, ecommerce, Paytm business for merchants to whom they provide business solutions like pos machine, wallet payment, etc. Paytm also looking to launch credit card, loan segment, acquisition of other businesses, etc to grow further.
Macquarie has initiated underperform rating to Paytm and cuts target to Rs 1200 per share in their research. Reason to cut price target is continuous losses in financial results, high valuation, business performance. Mostly it all depends on company performance now and if Paytm reduce losses in next quarters, and manage to make more profits then all negatively in Paytm stock will be gone and it will move further to new highs.
If you have got allotment of paytm shares in IPO, then you must wait for bounce back and exit and for long term, you must wait for correct price and some quarter results. If anyone looking to buy Paytm stock for long term, one should must do proper research and wait for right stock price. You must consult your financial advisor before investing in any stock.