Archive · 3 Jun 2025
Morgan Stanley Predicts 22% Upside for Swiggy Shares
Imagine a company called Swiggy, like a food and grocery delivery service.
Morgan Stanley, a financial expert, thinks Swiggy's stock price will go up.
They predict the price could rise by 22%.
This is because Swiggy is getting better at delivering food, and expanding into quick-commerce like groceries.
Morgan Stanley thinks the stock market isn't fully considering Swiggy's potential growth.
They believe Swiggy and one other company will mostly control food delivery in India.
Some analysts say buy Swiggy stock, while others suggest holding or selling it.
This means if you owned Swiggy stock, Morgan Stanley thinks you might make more money soon.
Morgan Stanley initiated coverage on Swiggy with an "overweight" rating.
The brokerage set a price target of ₹405, suggesting a 22% potential upside.
Key factors include improving food delivery execution and quick-commerce expansion.
Morgan Stanley anticipates the food delivery market to remain a duopoly.
15 out of 21 analysts have a "buy" rating on Swiggy.
- Who
- Morgan Stanley, a brokerage firm, and Swiggy, a food delivery company.
- What
- Morgan Stanley initiated coverage of Swiggy with an "overweight" rating.
- When
- As of June 3, according to Morgan Stanley's analysis.
- Where
- In India's food delivery market.
- Why
- Due to improving food delivery execution, quick-commerce expansion, and market pricing.
Negative Perspectives
Positive Perspectives
Analyst Ratings
Negative Perspectives
Three analysts have a 'hold' recommendation, while three have a 'sell' recommendation on Swiggy.
Positive Perspectives
Not stated in the article
- Morgan Stanley Price Target
- ₹405
- Potential Upside
- 22%
- Swiggy's IPO Price
- ₹390
- Swiggy's Closing Price on Monday
- ₹333
- Swiggy's decline in last month
- 3%
- Morgan Stanley Rating
- Overweight
- Quick-commerce TAM by 2030
- $57 billion