NASDAQ:CART

41.91
0.25 (0.60%) 1d
0

Related posts

Nervous markets await Nvidia
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Instacart's Q2 report has shown impressive growth, with total revenue increasing by 15% year-over-year and an astonishing 89% rise in adjusted EBITDA, which surpassed market expectations. This strong performance not only indicates the company's ability to adapt and thrive in a competitive grocery delivery space but also provides robust guidance for future earnings. However, there's a note of caution as some experts express a 'wait and see' attitude towards this relatively new public entity. The preference for purchasing certain groceries, like meat, in physical stores suggests that while digital grocery shopping is on the rise, traditional shopping habits still hold significant sway over consumer behavior. As such, these mixed sentiments highlight both the potential and the challenges facing Instacart in solidifying a steadfast market position.

Consensus
Cautious
Valuation
Fair Value
Similar
AMZN,AMZN
WAIT

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. 

DON'T BUY

Too many problems and doesn't see growth. Prefers Doordash.

COMMENT

They raised their IPO price (happening next Monday) after the success of Arm's IPO this week.

Showing 1 to 3 of 3 entries
  • «
  • 1
  • »

Instacart(CART-Q) Rating

Ranking : 1 out of 5

Star iconStar empty iconStar empty iconStar empty iconStar empty icon

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Instacart is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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 2025-04-25, Instacart (CART-Q) stock closed at a price of $41.91.