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NASDAQ: CART
Instacart Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for CART

Based on 17 analysts offering 12 month price targets for Instacart

Min Forecast
$37.00-11.67%
Avg Forecast
$49.59+18.38%
Max Forecast
$60.00+43.23%

Should I buy or sell CART stock?

Based on 17 analysts offering ratings for Instacart .

Buy
Strong Buy
7 analysts 41.18%
Buy
4 analysts 23.53%
Hold
6 analysts 35.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Buy" rating. Learn More

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%2024-12-09Find Out Why
lockedlocked$00.00+00.00%2024-12-03Find Out Why
lockedlocked$00.00+00.00%2024-11-14
lockedlocked$00.00+00.00%2024-11-13
lockedlocked$00.00+00.00%2024-11-13
Barclays
Top 9%
92
Strong BuyMaintains$56.00+33.68%2024-11-13
JP Morgan
Top 1%
100
Strong BuyMaintains$52.00+24.13%2024-11-13
Oppenheimer
Top 2%
99
BuyMaintains$60.00+43.23%2024-11-13
Bank of America
Top 2%
99
HoldMaintains$51.00+21.75%2024-11-13
BMO Capital
Top 8%
93
HoldMaintains$48.00+14.59%2024-11-13

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Forecast return on equity

Is CART forecast to generate an efficient return?

Company
21.78%
Industry
53.87%
Market
69.92%
CART's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CART forecast to generate an efficient return on assets?

Company
15.93%
Industry
23.83%
CART is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CART earnings per share forecast

What is CART's earnings per share in the next 3 years based on estimates from 12 analysts?

Avg 1 year Forecast
$1.40-86.83%
Avg 2 year Forecast
$1.61-84.89%
Avg 3 year Forecast
$2.02-81.03%
CART's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CART revenue forecast

What is CART's revenue in the next 3 years based on estimates from 10 analysts?

Avg 1 year Forecast
$3.4B+2.55%
Avg 2 year Forecast
$3.7B+11.8%
Avg 3 year Forecast
$4.0B+21.92%
CART's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CART earnings growth forecast

How is CART forecast to perform vs Internet Retail companies and vs the US market?

Company
-42.9%
Industry
17.13%
Market
17.17%
CART's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CART's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CART's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CART revenue growth forecast

How is CART forecast to perform vs Internet Retail companies and vs the US market?

Company
6.79%
Industry
8.03%
Market
8.75%
CART's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CART's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CART vs Internet Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
CART$41.89$49.59+18.38%Buy
GLBE$55.58$53.17-4.34%Strong Buy
CHWY$31.87$36.53+14.63%Strong Buy
VIPS$13.73$15.50+12.89%Buy
W$53.26$55.17+3.58%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, 4 (23.53%) are recommending CART as a Buy, 6 (35.29%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: CART) Instacart's forecast annual earnings growth rate of -42.9% is not forecast to beat the US Internet Retail industry's average forecast earnings growth rate of 17.13%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.17%.

Instacart's earnings in 2024 is $435,000,000.On average, 12 Wall Street analysts forecast CART's earnings for 2024 to be $359,704,065, with the lowest CART earnings forecast at $282,584,254, and the highest CART earnings forecast at $408,462,694. On average, 11 Wall Street analysts forecast CART's earnings for 2025 to be $412,547,321, with the lowest CART earnings forecast at $290,291,097, and the highest CART earnings forecast at $585,720,089.

In 2026, CART is forecast to generate $518,131,074 in earnings, with the lowest earnings forecast at $344,239,000 and the highest earnings forecast at $739,856,955.

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

(NASDAQ: CART) Instacart's forecast annual revenue growth rate of 6.79% is not forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 8.03%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.75%.

Instacart's revenue in 2024 is $3,298,000,000.On average, 10 Wall Street analysts forecast CART's revenue for 2024 to be $868,802,461,851, with the lowest CART revenue forecast at $867,790,553,328, and the highest CART revenue forecast at $872,774,311,982. On average, 10 Wall Street analysts forecast CART's revenue for 2025 to be $947,179,002,850, with the lowest CART revenue forecast at $932,940,352,995, and the highest CART revenue forecast at $961,557,146,568.

In 2026, CART is forecast to generate $1,032,929,965,289 in revenue, with the lowest revenue forecast at $1,010,624,048,784 and the highest revenue forecast at $1,053,525,476,376.

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

(NASDAQ: CART) forecast ROA is 15.93%, which is lower than the forecast US Internet Retail industry average of 23.83%.

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 $49.59, with the highest CART stock price forecast at $60.00 and the lowest CART stock price forecast at $37.00.

On average, Wall Street analysts predict that Instacart's share price could reach $49.59 by Dec 9, 2025. The average Instacart stock price prediction forecasts a potential upside of 18.38% from the current CART share price of $41.89.

What is CART's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: CART) Instacart's current Earnings Per Share (EPS) is $10.63. On average, analysts forecast that CART's EPS will be $1.40 for 2024, with the lowest EPS forecast at $1.10, and the highest EPS forecast at $1.59. On average, analysts forecast that CART's EPS will be $1.61 for 2025, with the lowest EPS forecast at $1.13, and the highest EPS forecast at $2.28. In 2026, CART's EPS is forecast to hit $2.02 (min: $1.34, max: $2.88).

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

(NASDAQ: CART) forecast ROE is 21.78%, which is considered strong.
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