I’m taking a line out of one of my dad’s greatest hits: “If I had a dollar for every time I heard the word ‘tariff’ lately, I’d buy a new Toyota truck.” And honestly? He’s not wrong. Tariffs are the new “interest rates”… the market can’t stop talking about them, analysts are sweating, and half of Wall Street looks like it’s about to pull a hamstring trying to pivot out of China-dependent stocks.

But here’s the thing: while most companies are bracing for impact, Instacart is kicking back with a smoothie, practically yawning at the idea of tariffs. And that’s exactly why it might be one of the smartest stocks to park your money right now.

See, Instacart doesn’t sell widgets. It doesn’t rely on semiconductors from Taiwan or batteries from Shenzhen. It delivers groceries… most of which are sourced right here in the U.S. Sure, there’s the occasional avocado from Mexico or coffee bean from Brazil, but I’ve never heard of anyone skipping lunch over a bean trade war.

The core of Instacart’s business is domestic. American shoppers, American stores, American products. No international supply chain nightmares, no tariff tax drag. That makes it one of the few truly tariff-resistant plays on the market… and investors are starting to notice.

Despite this built-in protection from macro problems, Instacart’s stock is down 20% from its YTD highs, recently trading around $42. In my opinion, that’s a gift. At that price, it’s rocking a $10.97 billion market cap and an enterprise value of $8.78 billion (once you back out its $2.19 billion in cash… yes, it’s got a war chest).

Wall Street expects $3.68 billion in revenue for FY25, which is a solid 9% y/y growth. 

And what’s even more impressive is EBITDA margins are trending up clocking in at 29% in Q4, with adjusted EBITDA for FY25 projected at $1.07 billion (+21%). That gives us an 8.2x EV/EBITDA multiple. For a profitable, growing tech company that’s basically untouchable by tariffs, that’s borderline criminally undervalued.

Instacart's focus on tech improvements make it even more attractive. It’s an ad revenue machine. Advertising makes up about one-third of revenue and is growing fast. The Carrot Ads platform is now so good, even Uber’s grocery marketplace is plugging in.

Another reason it grabbed my attention is the recent pickup of Wynshop, giving a shot in the arm to its Storefront Pro platform… a SaaS tool already used by Publix, Sprouts, and Costco (pretty much “Shopify for food”).

After a shaky Q4, Instacart came back swinging in Q1. Gross transaction volume hit $9.1 billion on 83.2 million orders… both up 14% y/y. Adjusted EBITDA came in at $244 million, and net income clocked in at $106 million. In the words of CEO Fidji Simo, it was a “strong start” to 2025 (and she’s not wrong).

Simo’s also teasing what’s next: more AI, deeper partner integrations, and a bigger push into retail media networks. In other words: more growth, more efficiency, more margin.

Yes, DoorDash and Uber are sniffing around the grocery delivery game. Yes, consumer spending could soften. But Instacart is building moats… not just in brand loyalty and tech, but in data. With over 7,000 active brand partners and 220+ retailers using its ad platform, it’s sitting on a treasure chest of shopper insight and analysts are starting to notice.

Even if ad growth slows temporarily, Instacart’s core business is sticky, diversified, and getting more efficient every quarter.

If you’re looking for a high-growth tech company that’s practically immune to the tariff wars, Instacart should be on your grocery list. The stock is cheap, the growth is real, and the macro setup couldn’t be better. Tariffs are coming… and while other companies are scheming up robbing a bank to be profitable, Instacart’s calmly delivering bananas to your doorstep.

Stocks.News has positions in Uber, DoorDash, Instacart, Sprouts, and Costco.