Instacart's Order Growth Accelerates, But Tougher Comparisons Loom in 2025, Says Analyst
1. CART's fourth-quarter revenue fell short of expectations. 2. Analyst estimates order growth of +10.6% due to frequency increases. 3. Needham maintains a Buy rating, predicting price target of $56.00. 4. Competition intensifies from DASH and Uber Eats, impacting margins. 5. CART faces potential declines in transaction take-rate over the next year.