Maplebear Stock: A Deep Dive Into Analyst Perspectives (9 Ratings)
Portfolio Pulse from Benzinga Insights
Maplebear (NASDAQ:CART), known as Instacart, has received diverse analyst ratings over the past three months, with a majority being somewhat bullish. Analysts have set a 12-month average price target of $44.22, reflecting a 4.66% increase from previous estimates. The company shows strong financial health with impressive revenue growth, net margin, ROE, and ROA, and maintains a low debt-to-equity ratio.
September 23, 2024 | 5:00 pm
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Maplebear (Instacart) has received a range of analyst ratings, mostly somewhat bullish, with a 12-month average price target of $44.22. The company's strong financial performance, including a 14.94% revenue growth and low debt-to-equity ratio, supports positive sentiment.
The majority of analysts are somewhat bullish on Maplebear, with a notable increase in the average price target. The company's strong financial metrics, such as high revenue growth and low debt, contribute to a positive outlook. This suggests a likely short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100