’Sell Instacart Stock Now,’ Warns Five-Star Analyst—Here’s Why Crypto Looks Better
Wall Street's top talent drops a bombshell recommendation—dump your Instacart shares immediately.
While traditional IPOs stumble, digital assets continue showcasing relentless momentum.
Five-star analysts pivot attention to blockchain efficiencies over grocery delivery volatility.
Another reminder: legacy markets flirt with risk while decentralization builds value.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
He pointed out that Amazon’s entry into same-day grocery delivery not only encroaches on Instacart’s market but also adds more value for existing Prime members, which makes it harder for Instacart to stand out. Devitt also warned that Instacart’s narrow focus and limited offerings make it vulnerable to competitors with larger product ecosystems. Indeed, since around 60% of Instacart’s GTV comes from members, any shift toward more appealing subscription services from rivals could hurt its growth and user retention.
Looking ahead, Devitt believes that investors will begin questioning Instacart’s future growth potential. He argued that current Wall Street expectations for GTV growth may not factor in the increasing pressure from competitors. As a result, he now expects GTV to grow at a slower pace (mid- to low-single digits) compared to the higher growth rates previously forecast. Devitt also adjusted his estimates downward by reducing Q4 GTV and adjusted EBITDA by 1% and 2%, respectively. In addition, for full-year 2026, he cut his GTV growth projection to 7.1% (200 basis points lower than before) and trimmed his EBITDA forecast by 3% to $1.2 billion.
Is CART Stock a Good Buy
Turning to Wall Street, analysts have a Moderate Buy consensus rating on CART stock based on 14 Buys, six Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average CART price target of $60.28 per share implies 36.8% upside potential.
