Maplebear Inc. (CART)
NASDAQ: CART · Real-Time Price · USD
52.37
-0.19 (-0.35%)
At close: Feb 21, 2025, 4:00 PM
52.20
-0.16 (-0.32%)
After-hours: Feb 21, 2025, 6:23 PM EST
Instacart Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for Instacart stock have an average target of 49.5, with a low estimate of 37 and a high estimate of 62. The average target predicts a decrease of -5.47% from the current stock price of 52.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Instacart stock from 26 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 5 | 5 | 6 |
| Buy | 10 | 9 | 9 | 9 | 9 | 9 |
| Hold | 10 | 11 | 11 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 24 | 24 | 25 | 25 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy Initiates $62 | Strong Buy | Initiates | $62 | +18.40% | Feb 12, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $41 → $44 | Hold | Maintains | $41 → $44 | -15.97% | Jan 13, 2025 |
| Needham | Needham | Hold → Strong Buy Upgrades $56 | Hold → Strong Buy | Upgrades | $56 | +6.94% | Dec 17, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $49 → $56 | Strong Buy | Maintains | $49 → $56 | +6.94% | Dec 9, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $37 | Hold | Initiates | $37 | -29.34% | Dec 3, 2024 |
Financial Forecast
Revenue This Year
3.45B
from 3.04B
Increased by 13.51%
Revenue Next Year
3.77B
from 3.45B
Increased by 9.15%
EPS This Year
1.45
from -12.43
EPS Next Year
1.64
from 1.45
Increased by 13.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.6B | 4.0B | 42.4B | |||
| Avg | 3.5B | 3.8B | 5.4B | |||
| Low | 3.3B | 3.4B | 3.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.4% | 14.8% | 1,023.7% | |||
| Avg | 13.5% | 9.2% | 42.8% | |||
| Low | 8.7% | -0.1% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.71 | 2.99 | 3.34 | |||
| Avg | 1.45 | 1.64 | 2.03 | |||
| Low | 1.10 | 1.06 | 1.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 106.7% | 103.2% | |||
| Avg | - | 13.5% | 23.4% | |||
| Low | - | -26.9% | -18.3% |
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.