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Instacart (CART-Q)
NASDAQ:CART
41.78
0.11
(0.26%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are impressed with Instacart's Q2 report, which showed a significant increase in total revenue and adjusted EBITDA year over year. The company's robust guidance also beat expectations. However, some remain cautious about investing in this new public company, preferring to buy groceries like meat in person.
$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 : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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, there was no coverage of Instacart published on Stockchase.
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 2024-12-13, Instacart (CART-Q) stock closed at a price of $41.78.
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.