WallStreetZenWallStreetZen

NASDAQ: CART
Instacart Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CART

Based on 17 analysts offering 12 month price targets for Instacart .
Min Forecast
$26.00-24.51%
Avg Forecast
$41.29+19.9%
Max Forecast
$49.00+42.28%

Should I buy or sell CART stock?

Based on 17 analysts offering ratings for Instacart .
Buy
Strong Buy
7 analysts 41.18%
Buy
6 analysts 35.29%
Hold
4 analysts 23.53%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CART stock forecasts and price targets.

CART stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-16Find Out Why
lockedlocked$00.00+00.00%2024-05-09
lockedlocked$00.00+00.00%2024-05-09Find Out Why
lockedlocked$00.00+00.00%2024-05-09Find Out Why
lockedlocked$00.00+00.00%2024-05-09
Stifel Nicolaus
Top 2%
99
Strong BuyMaintains$45.00+30.66%2024-05-09
Piper Sandler
Bottom 7%
7
Strong BuyReiterates$47.00+36.47%2024-05-09
Morgan Stanley
Top 5%
96
HoldMaintains$40.00+16.14%2024-05-06
Oppenheimer
Top 2%
99
BuyMaintains$48.00+39.37%2024-04-29
Moffett Nathanson
Top 30%
71
HoldReiterates$37.00+7.43%2024-04-11

1 of 2

Forecast return on equity

Is CART forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is CART forecast to generate an efficient return on assets?
Insufficient data to display

CART revenue forecast

What is CART's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.3B
Avg 2 year Forecast
$3.6B
Avg 3 year Forecast
$4.0B

CART vs Internet Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
CART$34.44$41.29+19.90%Buy
VIPS$17.32$24.00+38.57%Buy
W$67.10$71.53+6.60%Buy
ETSY$63.97$74.32+16.17%Buy
CHWY$16.04$23.63+47.34%Buy
View Top Internet Retail Stocks

Instacart Stock Forecast FAQ

Is Instacart Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NASDAQ: CART) stock is to Buy CART stock.

Out of 17 analysts, 7 (41.18%) are recommending CART as a Strong Buy, 6 (35.29%) are recommending CART as a Buy, 4 (23.53%) are recommending CART as a Hold, 0 (0%) are recommending CART as a Sell, and 0 (0%) are recommending CART as a Strong Sell.

If you're new to stock investing, here's how to buy Instacart stock.

What is CART's revenue growth forecast for 2024-2026?

(NASDAQ: CART) Instacart's forecast annual revenue growth rate of N/A is not forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 10.1%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Instacart's revenue in 2024 is N/A.On average, 6 Wall Street analysts forecast CART's revenue for 2024 to be $884,105,998,633, with the lowest CART revenue forecast at $872,448,905,984, and the highest CART revenue forecast at $891,773,278,673. On average, 6 Wall Street analysts forecast CART's revenue for 2025 to be $964,192,096,555, with the lowest CART revenue forecast at $931,476,850,776, and the highest CART revenue forecast at $992,209,194,386.

In 2026, CART is forecast to generate $1,065,526,137,007 in revenue, with the lowest revenue forecast at $1,040,797,663,328 and the highest revenue forecast at $1,092,693,020,674.

What is CART's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: CART) forecast ROA is N/A, which is lower than the forecast US Internet Retail industry average of N/A.

What is CART's Price Target?

According to 17 Wall Street analysts that have issued a 1 year CART price target, the average CART price target is $41.29, with the highest CART stock price forecast at $49.00 and the lowest CART stock price forecast at $26.00.

On average, Wall Street analysts predict that Instacart's share price could reach $41.29 by May 16, 2025. The average Instacart stock price prediction forecasts a potential upside of 19.9% from the current CART share price of $34.44.

What is CART's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: CART) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.