Stock Price & Analysis

Sell CART stock as it has shown significant weakness with a 21.53% drop after reporting worse-than-expected Q4 revenue and facing mixed analyst ratings. The stock's technical indicators also suggest bearish momentum.

The price prediction for CART stock in 2025 is $48.00, driven by oversold conditions and analyst targets. Recent earnings misses and competition pose risks, but rebound potential exists.

The S1 support level for CART Stock is $37.08 ,The R1 resistant level for CART Stock is $40.25.

As of the end of day on 2025-03-17, the price of CART Stock was $38.

The target price for CART Stock according to analyst rating is 54.28, with the highest price target at 62.00 and the lowest at 45.00. Analysts have a Moderate Buy rating on CART Stock overall.

The market cap of CART is $10.2B.

Analysis and Insights

CART may be considered overvalued based on several factors:

1. Revenue Growth: While CART's revenue has shown consistent growth, rising from $820 million in Q1 2024 to $883 million in Q4 2024, the stock's valuation appears stretched relative to its earnings.

2. Valuation Metrics: CART's forward P/E ratio is elevated at 26.21, and its EV/EBITDA ratio of 17.35 suggests a premium valuation compared to industry peers.

3. Stock Price Volatility: The stock has experienced significant volatility, dropping over 20% recently due to worse-than-expected revenue and revised price forecasts, indicating potential overvaluation.

4. Analyst Sentiment: While some analysts maintain a Buy rating, others have lowered price targets, reflecting uncertainty about the stock's valuation.

5. Financial Health: CART's improving profitability and strong current ratio are positives, but the high valuation may not be justified by current fundamentals.

Conclusion

CART appears overvalued due to its high valuation metrics, recent stock price decline, and mixed analyst sentiment, despite improving financials.

Maplebear Inc., doing business as Instacart, is a grocery technology company. The Company is a diversified technology business that operates a technology solution that enables connections and transactions among end users, retailers, advertisers, and shoppers mainly throughout the United States and Canada. The Company enables end users to transact with retailers for grocery and non-grocery items and with shoppers to pick and deliver the items on the end user’s behalf. The Company also sells software-as-a-service offerings targeted at retailers. It partners with more than 1,400 national, regional, and local retail banners to facilitate online shopping, delivery, and pickup services from more than 80,000 stores across North America on the Instacart Marketplace. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services, digitizes brick-and-mortar stores, and provides advertising services, and insights.

Price Prediction for CART Stock by 2030

Based on current trends and analyst expectations, CART stock could trade between $45 and $55 by 2030, driven by its improving revenue growth and strategic initiatives. The stock is currently facing headwinds from weaker-than-expected Q4 revenue, but analysts remain optimistic about its long-term potential. Bernstein maintains a Buy rating with a $55 target, reflecting confidence in its growth trajectory.

CART has a total of 3380 employees.