Brightcom Company Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Brightcom Group Company Fundamentals, Businesses and more
Do you have come to know about Brightcom Company Share Price Target? If yes, then you have come to to the right place.
In this article we are going to discuss about the share of Brightcom Group company. As this company is engaged in digital marketing services and has the potential to give the multibagger returns.
As this sector is growing, the company is also seeing very good growth in its financials. And the investors are predicting that the company can show a huge rise in its share price. So, that’s why we are writing this article i.e. about Brightcom Company share price target. So first we will know about its businesses and then we will try to predict it’s share price target, let’s get started.
About Brightcom Company
Brightcom Group limited is a global tech company that provides solutions for digital marketing, digital payments, and business automation. The company was founded in 2008 and is headquartered in Israel, with offices in the United States, Europe, and Asia.
The digital marketing services of the company includes programmatic advertising, mobile advertising, video advertising, and social media advertising. Its digital payment solutions include a global payment gateway and a mobile payment app. Brightcom Company business automation services include customer relationship management software and enterprise resource planning software.
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Brightcom Company Financial Trends
If we talk about the Revenue and Profit of Brightcom Company then –
Its revenue in 2019 has been ₹ 2,580 Cr and profit is ₹ 444 Cr. There was a revenue of ₹ 2,692 Cr in 2020 and a profit of ₹ 440 Cr. In the same 2021, there was a profit of ₹ 483 crore with a revenue of ₹ 2,856 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ 912 Cr with a revenue of ₹ 5,020 Cr.
Brightcom Company Share Price Target 2023, 2024, 2025, 2026, 2030 Table list
| Years | Minimum Target | Maximum Price |
|---|---|---|
| Brightcom Company Share Price Target 2023 | ₹16 | ₹17 |
| Brightcom Company Share Price Target 2024 | ₹21 | ₹23 |
| Brightcom Company Share Price Target 2025 | ₹28 | ₹30 |
| Brightcom Company Share Price Target 2026 | ₹39 | ₹44 |
| Brightcom Company Share Price Target 2027 | 54 | 60 |
| Brightcom Company Share Price Target 2028 | ₹70 | ₹75 |
| Brightcom Company Share Price Target 2029 | ₹90 | ₹100 |
| Brightcom Company Share Price Target 2030 | ₹120 | 150 |
Brightcom Company Share Price Target 2023
There is very little possibility of growth in the stock as it has been giving negative returns for the past few years. The same has given returns of -85% last year i.e. from April 2022 to April 2023. While in last 6 month its has given returns of -58%, which is very bad. So, the possibility of getting good returns is very low that’s why, Brightcom Company Share Price Target 2023 can be ₹16 and maximum price can be ₹17. So my opinion would be to stay away from this stock this year.
Brightcom Company Share Price Target 2024
Well, the Brightcom Share has given only 7% returns since 2015. But the company had its high of ₹117 in December 2021, after which again its shares fell heavily. So there is some possibility that in future we will get to see good profit. Same, the fundamentals and financial condition of the company is good and being good gradually. So considering these, the first and second Brightcom Company Share Price Target 2024 can be ₹21 and ₹23 respectively.
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Brightcom Company Share Price Target 2025
The fundamentals of the Brightcom company look very good. Its stock is trading at a very cheap price, so its P/E ratio is 1.37, which is good. Same, Its ROE is 21.33% which is good while EPS is 6.76 which is good for its price.
So keeping all these in mind, Brightcom Company Share Price Target 2025 will be ₹28 and may be the share’s maximum price can goes upto ₹30. Just because the fundamentals of the company are good, we cannot decide its future price. Financial also plays its role as well as the interest of investors, so let’s know from this also.
Brightcom Company Share Price Target 2030
If we look at it from long term perspective, we can get to see almost decent profit. The financial of Brightcom Group is almost fine. The company’s Profit is increasing every year, even the company makes huge profit of ₹912 crore in 2022.
Considering these, Brightcom Company Share Price Target 2030 will be ₹120 and maximum price can be ₹130. But yes, keep in the mind that Brightcom Group is a small cap company which has very high chances of loss than profit.
For more details about the Brightcom Group share, you can watch this video –
Conclusion
So what will be its share price in the future only time can tell. We can only speculate, which we did. We and other investors also believe that the stock of Brightcom Group can sustain in the long run. But for the time being, keeping distance from it will be a profitable deal. But as soon as you get to see the movements of the stock, you can invest.
That’s all for today’s article, I hope you have liked reading about Brightcom Company Share Price Target 2023, 2024, 2025, 2026, 2030. If you have any doubt or questions regarding this, you can ask via commenting.
FAQs
Is Brightcom Group a debt free company?
Yes, Brightcom is not a debt free company, currently this company has a debt of ₹0 crore and its debt to equity ratio is 0.
Who is the owner of Brightcom company?
Suresh Reddy Suresh is the Chairman, & CEO of Brightcom Group company.
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