Needham Raises Instacart (CART ) PT to $55 on Strong Execution

Maplebear Inc. (NASDAQ:CART) is one of the best stocks under $50 to invest in. On February 13, Needham raised its price target for Instacart from $50 to $55 and maintained a Buy rating. The firm noted that the company’s ongoing execution serves as a positive indicator against competition concerns.

On the same day, Cantor Fitzgerald lowered its price target on Instacart to $47 from $54 while keeping an Overweight rating. The firm noted that Instacart reported a record 14% GTV growth in Q4 2025 and exceeded EBITDA forecasts by 4%, with Q1 2026 guidance suggesting continued growth and margin expansion. Cantor remains confident in the company’s grocery fundamentals and noted that key initiatives in marketplace expansion, enterprise, advertising, and AI integration are on track.

However, Benchmark raised its price target on Maplebear Inc. (NASDAQ:CART) to $55 from $53 with a Buy rating following a Q4 report described as solid across the board, despite gross margin pressure from an off-site advertising revenue mix-shift. The firm noted that Instacart does not see a meaningful impact from competition, stating that Amazon focuses on smaller fill-in orders and that its growth appears to stem more from in-store activity than market share shifts.

Maplebear Inc. (NASDAQ:CART), doing business as Instacart, provides online grocery shopping services to households in North America. Its service can be provided through the company’s mobile application or website.

While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.