Instacart (CART) PT Raised to $56 at Cantor Fitzgerald

Go back to Instacart (CART) PT Raised to $56 at Cantor Fitzgerald

Instacart (CART) PT Raised to $56 at Stifel

November 13, 2024 8:51 AM EST

Stifel analyst Mark Kelley raised the price target on Instacart (NASDAQ: CART) to $56.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "Instacart reported 3Q results that were ahead of expectations (GTV, revenue, EBITDA), and offered a relatively in-line 4Q guide... More

Instacart (CART) PT Raised to $52 at Macquarie

November 13, 2024 7:15 AM EST

Macquarie analyst Ross Compton raised the price target on Instacart (NASDAQ: CART) to $52.00 (from $50.00) while maintaining a Outperform rating.

The analyst comments "Q3 GTV grew 11%, to $8.3bn marginally above our $8.2bn estimate: GTV was helped as order volumes grew 10% to 72.9m. Transaction revenue of $606m beat cons. $602m (FactSet)- with 7.3%... More

Instacart (CART) PT Raised to $48 at BMO Capital

November 13, 2024 7:12 AM EST

BMO Capital analyst Brian J. Pitz raised the price target on Instacart (NASDAQ: CART) to $48.00 (from $39.00) while maintaining a Market Perform rating.

The analyst commented, "Unit volume once again exceeded expectations in 3Q24 (+10% vs. 8% BMO), on: 1) improving supply optionality with Uber; 2) affordability capabilities... More

Instacart (CART) PT Raised to $51 at Baird

November 13, 2024 6:44 AM EST

Baird analyst Colin Sebastian raised the price target on Instacart (NASDAQ: CART) to $51.00 (from $44.00) while maintaining a Outperform rating.... More

Instacart (CART) PT Raised to $55 at Citi

November 13, 2024 5:31 AM EST

Citi analyst Ronald Josey raised the price target on Instacart (NASDAQ: CART) to $55.00 (from $47.00) while maintaining a Buy rating.

The analyst comments "With Order & GTV growth accelerating to +10% Y/Y & +11% Y/Y, respectively, 3Q24 results highlight strengthening demand as Instacart improves affordability and... More

After-hours movers: Spotify, Rivian, CAVA Group and more

November 12, 2024 4:52 PM EST

After-Hours Stock Movers:

Spotify (NYSE: SPOT) rose 8% after issuing a solid forecast for the year, along with strong subscriber data.

SoundHound AI (NASDAQ: SOUN) was choppy... More

Instacart shares drop as Q4 outlook falls short

November 12, 2024 4:16 PM EST

Instacart (NASDAQ: CART) reported third-quarter earnings that beat analyst expectations. Still, shares fell 6.3% in after-hours trade as investors were likely disappointed by the company's fourth-quarter guidance.


The grocery delivery platform posted adjusted earnings per share of $0.42, surpassing the analyst consensus of $0.22. Revenue for the... More

Instacart (CART) Tops Q3 EPS by 20c

November 12, 2024 4:06 PM EST

Instacart (NASDAQ: CART) reported Q3 EPS of $0.42, $0.20 better than the analyst estimate of $0.22. Revenue for the quarter came in at $852 million versus the consensus estimate of $843.6 million.


For earnings history and earnings-related data on Instacart (CART) click here.

... More

Increasing unusual put option volume: SATS ZETA INSM TROW MTUM WEN CART CHD MPWR PTEN

November 12, 2024 4:58 AM EST

Increasing unusual put option volume: SATS ZETA INSM TROW MTUM WEN CART CHD MPWR PTEN

... More