These Analysts Slash Their Forecasts On Maplebear Following Q3 Results
1. Maplebear (CART) reported Q3 earnings of 51 cents per share, beating estimates. 2. Revenue reached $939 million, exceeding analysts' expectations and up from last year. 3. Orders increased 14% year-over-year to 83.4 million, indicating strong growth. 4. Analysts adjusted price targets, with Needham lowering to $50 and Benchmark to $60. 5. The company expects Q4 gross transaction value between $9.45B and $9.60B.