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NASDAQ: CART
Instacart Stock Forecast, Predictions & Price Target

Analyst price target for CART

Based on 14 analysts offering 12 month price targets for Instacart .
Min Forecast
$26.00-17.62%
Avg Forecast
$34.43+9.09%
Max Forecast
$48.00+52.09%

Should I buy or sell CART stock?

Based on 14 analysts offering ratings for Instacart .
Buy
Strong Buy
7 analysts 50%
Buy
2 analysts 14.29%
Hold
5 analysts 35.71%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CART stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-14Find Out Why
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2024-01-22
lockedlocked$00.00+00.00%2024-01-17
lockedlocked$00.00+00.00%2024-01-09
Wedbush
Top 5%
96
HoldMaintains$26.00-17.62%2023-12-27
JMP Securities
Top 5%
96
BuyMaintains$35.00+10.90%2023-11-09
Citigroup
Top 4%
97
Strong BuyInitiates Coverage On$34.00+7.73%2023-10-16
Bank of America
Top 1%
100
HoldInitiates Coverage On$30.00-4.94%2023-10-16
JP Morgan
Top 1%
100
Strong BuyInitiates Coverage On$33.00+4.56%2023-10-16

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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
$3.5B
Avg 3 year Forecast
$3.9B

CART vs Internet Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
CART$31.56$34.43+9.09%Buy
ETSY$72.08$79.53+10.33%Buy
VIPS$17.34$19.50+12.46%Strong Buy
CHWY$17.24$29.70+72.27%Buy
W$57.34$66.56+16.07%Buy

Instacart Stock Forecast FAQ

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

The consensus among 14 Wall Street analysts covering (NASDAQ: CART) stock is to Buy CART stock.

Out of 14 analysts, 7 (50%) are recommending CART as a Strong Buy, 2 (14.29%) are recommending CART as a Buy, 5 (35.71%) 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 11.38%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.31%.

Instacart's revenue in 2024 is N/A.On average, 6 Wall Street analysts forecast CART's revenue for 2024 to be $919,989,875,379, with the lowest CART revenue forecast at $913,223,781,050, and the highest CART revenue forecast at $925,948,387,340. On average, 6 Wall Street analysts forecast CART's revenue for 2025 to be $991,410,476,067, with the lowest CART revenue forecast at $976,854,658,544, and the highest CART revenue forecast at $1,023,309,419,167.

In 2026, CART is forecast to generate $1,096,351,909,774 in revenue, with the lowest revenue forecast at $1,078,158,889,220 and the highest revenue forecast at $1,114,544,930,328.

What is CART's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CART) forecast ROA is N/A, which is lower than the forecast US Internet Retail industry average of 7.41%.

What is CART's Price Target?

According to 14 Wall Street analysts that have issued a 1 year CART price target, the average CART price target is $34.43, with the highest CART stock price forecast at $48.00 and the lowest CART stock price forecast at $26.00.

On average, Wall Street analysts predict that Instacart's share price could reach $34.43 by Feb 14, 2025. The average Instacart stock price prediction forecasts a potential upside of 9.09% from the current CART share price of $31.56.

What is CART's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: CART) forecast ROE is N/A, which is considered weak.
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