Zee Entertainment Enterprises Ltd. (ZEEL), one of India’s top media and entertainment companies, has been making headlines again due to its sharp price swings and ongoing merger updates.
The stock is currently trading around ₹101.39 on the NSE, after moving between ₹100.80 and ₹102.88 in the latest trading session.
Many short-term traders are curious about the ZEEL share price target for tomorrow, while long-term investors are looking deeper into the company’s digital growth, cost-saving efforts, and future earnings potential.
In this article, we’ll cover everything from ZEEL’s short-term price target for tomorrow to its detailed long-term share price forecasts from 2026 to 2040.
We’ll also look at the company’s fundamentals, business performance, and investment outlook — helping you understand whether ZEEL could be a good pick for both traders and long-term investors.
About the Company
Zee Entertainment Enterprises Ltd. (ZEEL) is one of India’s oldest and most diversified entertainment networks. It operates over 40 television channels in multiple languages, including popular ones like Zee TV, Zee Marathi, and Zee Bangla. Its digital platform ZEE5 has emerged as a strong OTT player, competing with Hotstar, SonyLIV, and Netflix in India’s streaming space.
ZEEL’s business spans:
- Broadcast and cable TV networks (domestic and international)
- Digital streaming via ZEE5
- Film production and music distribution through Zee Studios and Zee Music
The company’s relevance in India’s growing entertainment landscape remains strong, though competition from OTT giants and changing consumer habits continue to influence its growth pattern.
Fundamental Analysis
ZEEL’s fundamentals reflect both challenges and recovery signs. The company’s Q2 FY26 results (announced on October 16, 2025) showed moderate revenue growth but a sharp decline in profits due to higher costs and investments in new content.
| Metric (₹ Cr) | Q2 FY26 | QoQ Change | YoY Change |
|---|---|---|---|
| Total Revenue | 1,969 | +7.91% | -1.57% |
| Gross Profit | 101 | -43.33% | -59.24% |
| EBITDA | ~315 (16% margin) | +630 bps | +630 bps |
| Net Profit (PAT) | 76 | -46.80% | -63.50% |
| EPS (₹) | 0.79 | — | — |
Key Financial Ratios (FY26E):
| Ratio | Value | Remarks |
|---|---|---|
| P/E Ratio | ~12x | Below industry average – undervalued zone |
| ROE | ~8% | Moderate efficiency |
| P/B Ratio | ~1.2x | Fair valuation |
| Debt-to-Equity | 0.07 | Virtually debt-free |
| Promoter Holding | 3.99% | Stable with high institutional interest |
Summary:
ZEEL’s balance sheet remains strong with minimal debt and consistent cash flows. However, profitability is under pressure due to content investments and uncertain merger outcomes.
Past Stock Performance
ZEEL’s stock has been underperforming in 2025, declining nearly 30% YTD amid stalled Sony merger talks and rising competition. Historically, the stock touched highs near ₹600 in 2018 but has struggled since 2023 due to governance concerns and industry disruptions.
However, with improved digital metrics (ZEE5 subscribers up 15% YoY) and cost controls, the stock has shown signs of stabilization near ₹100 levels — a crucial support zone watched by market participants.
ZEEL Share Price Target Tomorrow
| Time Frame | Minimum (₹) | Average (₹) | Maximum (₹) |
|---|---|---|---|
| Tomorrow (Next Trading Session) | 99 | 102 | 105 |
Assumptions:
- Technical support near ₹100 is likely to hold.
- RSI and volume indicators suggest mild bullish momentum.
- Positive sentiment around Q3 FY26 performance or merger revival could drive short-term gains.
- Broader Nifty and media index trends will influence intraday movement.
ZEEL Share Price Target 2026–2040
| Year | Minimum (₹) | Average (₹) | Maximum (₹) |
|---|---|---|---|
| 2026 | 120 | 145 | 170 |
| 2027 | 140 | 165 | 190 |
| 2028 | 160 | 185 | 210 |
| 2029 | 180 | 205 | 235 |
| 2030 | 200 | 230 | 270 |
| 2035 | 260 | 320 | 380 |
| 2040 | 340 | 400 | 480 |
ZEEL Long-Term Share Price Target and Forecast 2026–2040
ZEEL Share Price Target 2026
In 2026, ZEEL is expected to show signs of recovery, with its share price likely moving between ₹145 and ₹170. Improved content margins, cost optimization, and a steady rise in advertising revenue could help the company regain investor confidence. Progress on its merger developments may also act as a strong growth catalyst.
ZEEL Share Price Target 2027
By 2027, ZEEL could benefit from stronger digital subscription growth and improved advertising revenues from ZEE5. With the entertainment industry seeing renewed momentum, the share may trade in the range of ₹165 to ₹190, reflecting consistent business performance and rising profitability.
ZEEL Share Price Target 2028
As revenue continues to grow steadily at around 10–12% CAGR, ZEEL’s share price could reach up to ₹210 by 2028. Continued dominance in regional entertainment and expanding OTT reach will likely support valuations at these levels.
ZEEL Share Price Target 2029
In 2029, the focus on content monetization and a broader OTT footprint could further lift ZEEL’s market value. The share may move in the range of ₹205 to ₹235, provided viewership and digital engagement continue to expand steadily.
ZEEL Share Price Target 2030
If ZEEL sustains its profitability recovery and maintains digital leadership, the share price could trend between ₹200 and ₹270 by 2030. The company’s strong content library and operational turnaround may drive consistent long-term performance.
ZEEL Share Price Target 2035
Looking ahead to 2035, ZEEL may achieve a share price of around ₹320 on average, driven by hybrid growth across traditional TV broadcasting and OTT streaming platforms. Increasing digital ad spend and subscription revenues could further support this valuation.
ZEEL Share Price Target 2040
By 2040, ZEEL’s long-term transformation into a fully integrated entertainment and digital media powerhouse could push its share price between ₹400 and ₹480. Strong brand equity, diversified revenue streams, and consistent cash flows are expected to position ZEEL as a key player in India’s evolving media landscape.
Risks and Challenges
- Merger uncertainty: Any delay or failure in the Sony merger could weigh heavily on valuation.
- Ad revenue slowdown: Weak ad spending or competition from digital giants may impact growth.
- Regulatory hurdles: Changes in content or broadcasting rules could affect margins.
- Rising content costs: Increased investment in original shows and digital content can pressure profits.
- Market volatility: Broader market corrections may affect near-term price momentum.
Investment Suitability
- Short-Term Traders: Can consider ZEEL for technical bounce trades with tight stop-losses around ₹98–₹100.
- Long-Term Investors: May find value if the merger concludes successfully and digital growth accelerates.
- Risk Profile: Moderate to high; investors should be comfortable with volatility and media-sector risks.
FAQs
1. What is the tomorrow target for ZEEL?
The ZEEL share price target for tomorrow is expected between ₹99 and ₹105, depending on intraday market sentiment.
2. What is the long-term target for ZEEL in 2030?
By 2030, ZEEL’s share could trade between ₹200 and ₹270, driven by digital growth and cost control measures.
3. What drives ZEEL’s future growth?
Key growth drivers include OTT expansion via ZEE5, regional content leadership, and potential merger synergies.
4. What are the main risks for ZEEL’s share price?
Delays in the Sony merger, weak ad demand, and higher content expenses remain top risks for investors.
Final Thoughts
ZEEL remains an important player in India’s entertainment world, with both exciting opportunities and a few risks along the way. In the short term, the ZEEL share price target tomorrow looks slightly positive as investor sentiment improves. Over the long run, much will depend on how the company manages its merger plans, digital growth, and profit consistency.
In this article, we covered ZEEL’s fundamentals, recent performance, and detailed share price targets from 2026 to 2040 to help you understand its complete outlook. For live updates and real-time price movements, you can visit Sreeen.in and track how ZEEL is performing in the market
