cart stock price forecast factoring in seasonal patterns anticipates increased demand and higher turnover rates during the fall retail cycle. Instacart, ranked No. 3 in the U.S. with digital grocery Gross Merchandise Value (GMV) of $33.46 billion in 2024, could face a squeeze in the middle. Piper Sandler downgraded Instacart to Neutral from Overweight, lowering its price forecast to $41 from $62. The firm's updated six-year DCF assumes a 12% discount rate and 2% terminal growth. Market data on cart stock price forecast points to a potential 5% upside over the next quarter, driven by retail sector momentum and improving consumer sentiment indexes, indicating resilient demand.
