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Instacart (CART-Q)
NASDAQ:CART
35.89
0.56
(1.59%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 2 opinions in the last 12 months.
The reviews for Instacart seem to be mixed, with one expert expressing concerns about the company's performance and growth, while another expert highlights the increase in IPO price following the success of another company's IPO. It appears that there are both positive and negative indicators for Instacart, and it may be worth monitoring how the company responds to these challenges in the future.
$32.320
No
Too many problems and doesn't see growth. Prefers Doordash.
They raised their IPO price (happening next Monday) after the success of Arm's IPO this week.
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Instacart(CART-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
Instacart(CART-Q) Frequently Asked Questions
What is Instacart stock symbol?
Instacart is a American stock, trading under the symbol CART-Q on the NASDAQ (CART). It is usually referred to as NASDAQ:CART or CART-Q
Is Instacart a buy or a sell?
In the last year, 1 stock analyst published opinions about CART-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Instacart.
Is Instacart a good investment or a top pick?
Instacart was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Instacart.
Why is Instacart stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Instacart worth watching?
In the last year, there was no coverage of Instacart published on Stockchase.
What is Instacart stock price?
On 2024-08-30, Instacart (CART-Q) stock closed at a price of $35.89.
Their Q2 report: +15% total revenue and 89% adjusted EBITDA YOY, beating the street, plus delivered robust guidance. That said, he remains wait and see with this new public company, because still prefer buying groceries like meat in person.