Instacart Upgraded by BMO: Strong Financials & Growth

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Recorded11 Nov 2025

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BMO Capital Markets upgrades Instacart to Outperform, citing strong Q3 results, undervalued stock price, and promising growth areas. Instacarts Gross Transaction Value increased by 10% and adjusted EBITDA exceeded expectations. BMO believes Instacarts main grocery delivery business and enterprise platform have significant growth potential, supported by loyal customers and international expansion opportunities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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