The technology services industry is mature, with demand for services in good shape. Revenues, income and cash flows are anticipated to gradually reach the pre-pandemic levels, aiding most industry players to pay out stable dividends. Consequently, this industry is flourishing in 2024. We have selected three stocks from this space for investment picks. These are Duolingo Inc. (DUOL) , Maplebear Inc. (CART) and SoFi Technologies Inc. (SOFI) . Our selection is based on four criteria. First, these companies hav ...

Maplebear (CART) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. Analysts' growing optimism on the earnings prospects of this operator of the Instacart online grocery is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revis ...

SAN FRANCISCO, Aug. 27, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Fidji Simo, CEO and Chair, will participate in a fireside chat at the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10, 2024 at 2:25 p.m. PT. An audio webcast of the event will be available on Instacart's Investors Relations website at https://investors.instacart.com/. About Instacart Maplebear Inc. dba Instacart, the leading grocery technology company in North America, works with grocers an ...

Shares of Maplebear (CART) have gained 1.1% over the past four weeks to close the last trading session at $34.47, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $43.95 indicates a potential upside of 27.5%. The average comprises 19 short-term price targets ranging from a low of $32 to a high of $52, with a standard deviation of $4.98. While the lowest estimate indicates a decli ...

Organizations also share Good Food at Home program impact results from more than 1,100 families served in Denver; Englewood, New Jersey; Milwaukee; and Washington, D.C. and announce expansion to more than 1,000 additional families in Chicago; New Orleans; and Wichita, Kansas SAN FRANCISCO and WASHINGTON, Aug. 14, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, and Partnership for a Healthier America (PHA), the nation's leading nonprofit working to impr ...

Maplebear Today CART Maplebear $32.15 -0.20 (-0.62%) 52-Week Range $22.13 ▼ $42.95 Price Target $42.70 Add to Watchlist Online grocery marketplace and delivery service company Maplebear Inc. NASDAQ: CART operates as Instacart. Instacart has had over 25 million people use its service in the past year. Its network of retailers expanded to over 600 brands and 800,000 store locations, going beyond just grocery stores to include retailers like Sally Beauty Holdings Inc. NYSE: SBH and The Home Depot NYSE: HD. Des ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☐ Emerging growth company ☐ 1 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41 ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Lightspeed POS (LSPD) : This company which provides one-stop commerce platform for merchants, has seen the Zacks Consensus Estimate for its current year earnings increasing 13.8% over the last 60 days. Maplebear Inc. (CART) : This grocery technology company which works with grocers and retailers to transform how people shop principally in North America, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.9% ...

Maplebear Inc. (NASDAQ:CART) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Rebecca Yoshiyama - VP, IR, Capital Markets and Treasury Fidji Simo - CEO Emily Reuter - VP, Finance and Incoming CFO Conference Call Participants Colin Sebastian - Baird Eric Sheridan - Goldman Sachs Nikhil Devnani - Bernstein Justin Post - Bank of America Andrew Boone - JMP Securities Shweta Khajuria - Wolfe Research Ross Sandler - Barclays Bernie McTernan - Needham Jason Helfstein - Oppenheimer & ...

SAN FRANCISCO, Aug. 6, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its second quarter ended June 30, 2024. These financial results are available within Instacart's second quarter 2024 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/. Instacart management will host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. To access a live webcast of t ...