Instacart Stock Down Amid Kroger-DoorDash Deal and Analyst Downgrades

Instacart (CART) shares have come under pressure after Kroger broadened its delivery partnership with DoorDash, increasing competitive threats. Despite rolling out innovative AI-powered partnerships and new product features, the stock's 1-year total shareholder return is down nearly 10%. Analysts project high growth, but competitive risks and rising labor costs may challenge profit margins. The stock is trading at a sizable discount to analyst price targets, making it ripe for value seekers.