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BNP Paribas Initiates Maplebear(CART.US) With Sell Rating, Announces Target Price $41
From large models, robotics to mobile applications: By 2026, the market’s valuation criteria for AI will fully shift towards return on investment.
By 2026, the market's pricing standards for AI technology have shifted entirely from expectations of pure technological breakthroughs to rigorous assessments of Return on Invested Capital (ROIC). Morgan Stanley is particularly optimistic about giants such as Amazon, META, and DoorDash, which can leverage AI to enhance efficiency and expand their businesses, and anticipates robust growth for cloud service providers. Conversely, segments facing disruptive uncertainties related to autonomous driving or agent technologies, such as ride-hailing, online travel, and smaller advertising platforms, will be assigned lower valuation multiples by the market.
Bernstein Maintains Maplebear(CART.US) With Buy Rating, Maintains Target Price $48
BofA Securities Maintains Maplebear(CART.US) With Hold Rating, Announces Target Price $49