Instacart Announces Fourth Quarter and Full Year 2024 Financial Results

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Instacart (CART) PT Lowered to $52 at Mizuho

February 26, 2025 6:11 AM EST

Mizuho analyst James Lee lowered the price target on Instacart (NASDAQ: CART) to $52.00 (from $55.00) while maintaining a Outperform rating.

The analyst comments "The company reported a mixed quarter with strong GTV guidance, offset by soft EBITDA guidance from on-going investments for growth. These... More

Instacart (CART) PT Lowered to $56 at Goldman Sachs

February 26, 2025 6:09 AM EST

Goldman Sachs analyst Eric Sheridan lowered the price target on Instacart (NASDAQ: CART) to $56.00 (from $57.00) while maintaining a Buy rating.

The analyst comments "CARTs Q424 earnings results & mgmt. commentary highlighted a number of themes: 1) Q4 results produced solid GTV growth of ~10%, with order growth outpacing GTV on the back of growing restaurant contribution,... More

Instacart (CART) Tops Q4 EPS by 28c

February 25, 2025 4:08 PM EST

Instacart (NASDAQ: CART) reported Q4 EPS of $0.53, $0.28 better than the analyst estimate of $0.25. Revenue for the quarter came in at $883 million versus the consensus estimate of $867.88 million.

Q125 Outlook

GTV $9,000 - $9,150 millionAdjusted EBITDA $220 - $230 million

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

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