Where Maplebear Stands With Analysts
Portfolio Pulse from Benzinga Insights
Maplebear (NASDAQ:CART), also known as Instacart, has received mixed analyst ratings over the past three months, with a recent upward trend in price targets. Analysts have set an average 12-month price target of $44.12, reflecting a 5.4% increase from the previous target. The company shows strong financial health with impressive revenue growth, net margin, ROE, and ROA, and a low debt-to-equity ratio.
September 05, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Maplebear (NASDAQ:CART) has received a mix of bullish and somewhat bullish ratings from analysts, with an average 12-month price target of $44.12, up 5.4% from the previous target. The company shows strong financial performance with high revenue growth, net margin, ROE, and ROA, and a low debt-to-equity ratio.
The upward revision in price targets by analysts indicates a positive outlook for Maplebear. The company's strong financial metrics, including revenue growth and low debt, support this positive sentiment. The mix of ratings, with a majority being somewhat bullish, suggests a generally favorable view among analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100