Meesho shares jump after UBS says 'Buy'

Business Dec 17, 2025

Meesho's stock shot up 9% on Wednesday after UBS gave it a "Buy" rating and set a target price of ₹220—about 22% higher than now.
The company's market cap is now close to ₹90,000 crore, and its IPO last week was oversubscribed 79 times.

Why does this matter?

UBS likes Meesho's asset-light, cash-positive business model, which stands out from other internet companies.
Co-founder Vidit Aatrey's stake is now worth over ₹9,000 crore—making him a new billionaire.

What's next for Meesho?

UBS expects Meesho to keep growing fast, with users possibly jumping from 199 million to over 500 million by 2030.
They see more orders per user and better profit margins ahead if things go as planned.