Guidance is gone and the earnings call is cancelled: Instacart is now a deal story, with DoorDash acquiring it in a cash-and-stock transaction valued near $17 billion. Revenue beat expectations while EPS came in missing expectations, and merger arithmetic now drives the stock.
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CART Coverage
DoorDash Is Close to Buying Instacart for $17 Billion After Uber Walked Away
Uber walked away, DoorDash stepped in, and now Instacart shareholders are watching their stock climb while DoorDash investors are bailing out fast, raising a real question about who actually wins in this…
Instacart Parent Maplebear Agrees to $5 Million Joint Settlement. A Retiree’s Back-Pay Check Could Complicate Social Security
A settlement check from a job you never got sounds like a windfall, but for a retiree already collecting Social Security, that payment can trigger a tax chain reaction that reaches far…
Instacart Is Exploring a Sale, and Uber and DoorDash Are Circling
Instacart's stock surged after reports that grocery delivery's biggest rivals are circling the company for a potential acquisition, but one named buyer has already walked away and the other carries serious antitrust…
Meta’s Muse Just Put Instacart’s Grocery Empire on Notice
Meta's new AI shopping agent is rattling Instacart investors, but the real threat may not be the one the market is pricing in right now.
Should You Buy the Instacart Dip Even After Costco Just Let DoorDash In?
Costco just handed DoorDash a new same-day delivery deal, and Instacart shareholders took the hit, but the sell-off may have punished the wrong narrative entirely.
Here Are Friday’s Top Wall Street Analyst Research Calls: Baker Hughes, Etsy, HubSpot, Instacart, JetBlue, Roku, SpaceX, Tower Semiconductor, Trade Desk, and More
Wall Street analysts reshuffled their ratings on Friday with some bold calls that could move money fast, including a dramatic target cut on Trade Desk and a fresh Buy on SpaceX as…
Uber and DoorDash Drivers Think They Have No 401(k). The IRS Lets Them Build a $72,000 One but Almost Nobody Does
If you drive for Uber (NYSE:UBER | UBER Price Prediction), deliver for DoorDash (NASDAQ:DASH), or shop for Instacart (NASDAQ:CART), you almost certainly get a 1099-NEC at year-end and no benefits package. That…
Raymond James Just Upgraded Instacart to Outperform: Is the Grocery Delivery War Finally Turning in Its Favor?
Instacart (NASDAQ:CART | CART Price Prediction), also known as Maplebear, got a meaningful vote of confidence Thursday morning when Raymond James upgraded the grocery technology platform to Outperform and set a price…
Here Are Thursday’s Top Wall Street Analyst Research Calls: Alcoa, AppLovin, Circle Internet, CoreWeave, Datadog, Marvell Technology, Netflix, Texas Instruments, and More
Pre-Market Stock Futures: Futures are trading lower this morning, as many on Wall Street feel the temporary ceasefire may be just that. But what a difference a day can make. After it…
Here Are Monday’s Top Wall Street Analyst Research Calls: Analog Devices, CrowdStrike, Expedia, Instacart, Live Nation, Qualcomm, Seagate, Starbucks, and More
Pre-Market Stock Futures: Futures are trading higher as shell-shocked traders and investors return to a holiday-shortened trading week, where all the major indices are approaching or already in correction territory (down 10%).…
Instacart, Booking, and Grindr: Three Platform Plays Investors Are Sleeping On
Three platform businesses are quietly putting up numbers that would make most growth investors jealous. The market hasn’t noticed yet. Instacart (NASDAQ:CART | CART Price Prediction), Booking Holdings (NASDAQ:BKNG), and Grindr (NYSE:GRND)…
Wall Street Loves Nike, NVIDIA and Instacart
It’s always a good idea to keep track of analysts’ stock upgrades. Often, they’re influenced by (1) company fundamentals, such as financial health, future growth, and even meetings with management; (2) industry…
Here are Tuesday’s Top Wall Street Analyst Research Calls: Coreweave, Instacart, Qorvo, Robinhood Markets, Skyworks Solutions, Viasat and More
Pre-Market Stock Futures: The futures are trading mixed after a massive bounce-back rally on Monday across Wall Street, which saw all the major indices trade higher, with the NASDAQ closing up 2.27%…
Stock Market Live November 10: S&P 500 (VOO) Soars as Government Shutdown Nears End
Live Updates Bullish on Meta12:50pm ETIn other AI news, Freedom Capital Markets analyst Saken Ismailov upgraded Meta Platforms (Nasdaq: META | META Price Prediction) to buy with an $800 price target this…
The Billionaire Portfolio: 3 Stocks Wealthy Investors Can’t Get Enough Of
Picking through the proverbial haystacks to find the needles smart-money investors are targeting is a difficult task to do on one’s own. It’s impossible to implement the amount of research that goes…