CART
Q4 2026 EPS Estimate
$0.64
Nov 9, 2026
Revenue Estimate
$1.07B
FY2026E EPS$2.35
FY2027E EPS$2.97

Analyst Sentiment

Wall St. Consensus
Buy
29 analysts·High coverage
68
Score
22 Buy (76%)6 Hold (21%)1 Sell (3%)
Rating Breakdown
Strong Buy
00%
Buy
2276%
Hold
621%
Sell
13%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$45.00
-12.4%
Consensus
$56.00
+9.1%
Bull
$77.00
+50.0%
12-Month Target Range29 analysts
$45.00$56.00$77.00
Current $51.35Consensus
Current Price
$51.35
Upside to Consensus
$4.65

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+10.73%
EPS+26.75%
FY2028
Rev+10.55%
EPS+17.63%
FY2029
Rev+6.49%
EPS+24.43%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$4.25B$4.71B$5.20B$5.54B$5.93B
Low$4.12B$4.32B$4.50B$5.14B$5.49B
High$4.30B$4.88B$5.40B$5.68B$6.07B
EBITDA Avg$814M$1.07B$1.10B$1.46B$1.72B
Low$745M$857M$766M$1.33B$1.56B
High$882M$1.27B$1.44B$1.51B$1.77B
EBIT Avg$722M$977M$1.02B$1.38B$1.63B
Low$653M$769M$679M$1.25B$1.48B
High$790M$1.19B$1.35B$1.42B$1.69B
Net Income Avg$638M$864M$898M$1.22B$1.44B
Low$577M$679M$600M$1.10B$1.31B
High$698M$1.05B$1.20B$1.26B$1.49B
EPS Avg$2.35$2.97$3.50$4.35$5.17
Low$2.06$2.43$2.15$3.94$4.67
High$2.50$3.75$4.27$4.49$5.33
Analysts (Rev / EPS)23 / 2123 / 2219 / 179 / 1215 / 7
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$1.07B$1.12B$1.13B$1.16B$1.18B$1.23B$1.06B$1.07B
Low$1.01B$1.10B$1.11B$1.13B$1.16B$1.21B$1.04B$1.04B
High$1.09B$1.15B$1.16B$1.18B$1.21B$1.26B$1.09B$1.09B
EBITDA Avg$209M$224M$223M$199M$242M$256M$261M$235M
Low$173M$185M$217M$194M$236M$249M$255M$230M
High$232M$264M$228M$203M$248M$262M$268M$241M
EBIT Avg$178M$194M$193M$170M$214M$228M$234M$208M
Low$141M$154M$187M$165M$208M$221M$227M$203M
High$201M$234M$198M$174M$219M$234M$240M$214M
Net Income Avg$157M$171M$170M$150M$189M$201M$207M$184M
Low$125M$136M$166M$146M$183M$196M$201M$179M
High$177M$207M$175M$154M$194M$207M$212M$189M
EPS Avg$0.63$0.69$0.68$0.60$0.76$0.81$0.83$0.74
Low$0.50$0.55$0.67$0.59$0.74$0.79$0.81$0.72
High$0.71$0.83$0.70$0.62$0.78$0.83$0.85$0.76
Analysts (Rev / EPS)17 / 1817 / 178 / 716 / 1510 / 98 / 78 / 97 / 8

Earnings Surprises

Recent Analyst Actions

Sep 2, 2026Argus Research
Instacart price target raised to $58 from $50 at Argus
Target:$58.00
+15.9%from $50.05
Aug 7, 2026Morgan Stanley
Instacart price target raised to $58 from $52 at Morgan Stanley
Target:$58.00
+14.9%from $50.48
Aug 7, 2026Raymond James
Instacart price target raised to $55 from $50 at Raymond James
Target:$55.00
+9.5%from $50.24
Aug 7, 2026Robert W. Baird
Instacart price target raised to $55 from $48 at Baird
Target:$55.00
+9.8%from $50.08
Aug 7, 2026Cantor Fitzgerald
Instacart price target raised to $63 from $56 at Cantor Fitzgerald
Target:$63.00
+25.9%from $50.05
Aug 7, 2026BMO Capital
Instacart price target raised to $65 from $60 at BMO Capital
Target:$65.00
+44.3%from $45.03
Aug 7, 2026Guggenheim
Instacart price target raised to $46 from $44 at Guggenheim
Target:$46.00
+2.2%from $45.03
Aug 7, 2026Wells Fargo
Instacart price target raised to $54 from $47 at Wells Fargo
Target:$54.00
+19.9%from $45.03
Aug 7, 2026Needham
Instacart (CART) PT Raised to $63 at Needham
Target:$63.00
+39.9%from $45.03
Aug 7, 2026Barclays
Instacart price target raised to $77 from $69 at Barclays
Target:$77.00
+71.0%from $45.03
Aug 7, 2026BNP Paribas
BNP Paribas Exane Upgrades Instacart (CART) to Neutral
Target:$56.00
+24.4%from $45.03
Aug 3, 2026William Blair
Benchmark Reiterates Buy Rating on Instacart (CART)
Target:$55.00
+21.8%from $45.15
Jul 31, 2026Deutsche Bank
Instacart price target raised to $45 from $41 at Deutsche Bank
Target:$45.00
+1.4%from $44.36
Jul 30, 2026Morgan Stanley
Instacart price target raised to $52 from $48 at Morgan Stanley
Target:$52.00
+16.8%from $44.52
Jul 29, 2026Guggenheim
Instacart (CART) PT Raised to $44 at Guggenheim
Target:$44.00
-3.6%from $45.62
Jul 20, 2026Cantor Fitzgerald
Instacart (CART) PT Raised to $56 at Cantor Fitzgerald on Compelling Risk/Reward
Target:$56.00
+21.2%from $46.21
Jun 22, 2026Jefferies
Instacart (CART) Reiterated at Market Outperform by Citizens amid AI Assistant Rollout
Target:$60.00
+34.7%from $44.55
Jun 2, 2026Argus Research
Instacart price target raised to $50 from $45 at Argus
Target:$50.00
+20.5%from $41.48
May 7, 2026Barclays
Instacart price target raised to $69 from $65 at Barclays
Target:$69.00
+71.8%from $40.16
May 6, 2026Stifel Nicolaus
Instacart price target lowered to $45 from $46 at Stifel
Target:$45.00
+12.1%from $40.16
Apr 27, 2026Cantor Fitzgerald
Instacart price target raised to $52 from $47 at Cantor Fitzgerald
Target:$52.00
+23.3%from $42.17
Apr 9, 2026Raymond James
Instacart upgraded to Outperform from Market Perform at Raymond James
Target:$50.00
+23.9%from $40.34
Feb 13, 2026Needham
Instacart price target raised to $55 from $50 at Needham
Target:$55.00
+45.8%from $37.73
Feb 13, 2026Cantor Fitzgerald
Instacart price target lowered to $47 from $54 at Cantor Fitzgerald
Target:$47.00
+22.2%from $38.45
Feb 13, 2026BMO Capital
Instacart price target raised to $60 from $58 at BMO Capital
Target:$60.00
+80.5%from $33.24
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.