Maplebear Inc. (CART)
NASDAQ: CART · Real-Time Price · USD
46.32
-0.26 (-0.56%)
At close: Jan 17, 2025, 4:00 PM
46.45
+0.13 (0.28%)
Pre-market: Jan 21, 2025, 4:24 AM EST
Instacart Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Instacart stock have an average target of 48.9, with a low estimate of 37 and a high estimate of 60. The average target predicts an increase of 5.57% from the current stock price of 46.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Instacart stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 5 | 5 |
| Buy | 10 | 10 | 9 | 9 | 9 | 9 |
| Hold | 10 | 10 | 11 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 25 | 24 | 24 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $41 → $44 | Hold | Maintains | $41 → $44 | -5.01% | Jan 13, 2025 |
| Needham | Needham | Hold → Strong Buy Upgrades $56 | Hold → Strong Buy | Upgrades | $56 | +20.90% | Dec 17, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $49 → $56 | Strong Buy | Maintains | $49 → $56 | +20.90% | Dec 9, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $37 | Hold | Initiates | $37 | -20.12% | Dec 3, 2024 |
| Macquarie | Macquarie | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +12.26% | Nov 14, 2024 |
Financial Forecast
Revenue This Year
3.45B
from 3.04B
Increased by 13.51%
Revenue Next Year
3.76B
from 3.45B
Increased by 9.01%
EPS This Year
1.43
from -12.43
EPS Next Year
1.61
from 1.43
Increased by 12.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.6B | 4.0B | 4.4B | |||
| Avg | 3.5B | 3.8B | 4.1B | |||
| Low | 3.3B | 3.4B | 3.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.3% | 14.6% | 17.2% | |||
| Avg | 13.5% | 9.0% | 8.8% | |||
| Low | 8.7% | -0.1% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.71 | 2.99 | 3.34 | |||
| Avg | 1.43 | 1.61 | 1.98 | |||
| Low | 1.10 | 1.06 | 1.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 109.6% | 107.8% | |||
| Avg | - | 12.6% | 23.5% | |||
| Low | - | -25.9% | -16.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.