Maplebear Inc. (CART)
| Market Cap | 8.78B |
| Revenue (ttm) | 3.10B |
| Net Income (ttm) | -1.62B |
| Shares Out | 264.70M |
| EPS (ttm) | -5.86 |
| PE Ratio | n/a |
| Forward PE | 35.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,167,308 |
| Open | 32.35 |
| Previous Close | 32.40 |
| Day's Range | 32.20 - 33.41 |
| 52-Week Range | 22.13 - 42.95 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 41.45 (+24.96%) |
| Earnings Date | Aug 25, 2024 |
About CART
Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. It sells and delivers grocery products. The company offers its services through a mobile application and website. It also provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for CART stock is "Buy." The 12-month stock price forecast is $41.45, which is an increase of 24.96% from the latest price.
News
More ShopRites Adding Caper Carts Powered by Instacart
Wakefern Food Corp. Expands Initial Program with Instacart; Customers Can Now Use AI-powered Smart Shopping Carts at Select Stores in the Philadelphia Area SAN FRANCISCO and KEASBEY, N.J. , June 27, 2...
Welldoc Announces Collaboration to Support Cardiometabolic Health by Integrating AI-Driven Digital Coaching with Instacart's Innovative Technology Platform to Increase Access to Nutritious Groceries
COLUMBIA, Md.--(BUSINESS WIRE)--Welldoc announces collaboration with Instacart to transform healthcare delivery and bridge the gap between nutrition and health.
Price Chopper and McKeever's Introduce Instacart's Smart Carts
Caper Carts - Instacart's AI-powered smart carts - will roll out at select McKeever's and Price Chopper stores in Missouri SAN FRANCISCO and KANSAS CITY, Kan., June 25, 2024 /PRNewswire/ -- Instacart ...
Sally Beauty and Instacart Announce Nationwide Partnership to Offer Same-Day Delivery
Leading beauty retailer now offers same-day delivery in as fast as an hour via Instacart SAN FRANCISCO and DENTON, Texas , June 18, 2024 /PRNewswire/ -- Sally Beauty, the leading professional hair col...
INSTACART MAKES YOUTUBE ADS SHOPPABLE FOR CPG BRANDS
Marks Newest Extension of Off-Platform Partnerships Where Consumers can Seamlessly Purchase Products from YouTube Ads SAN FRANCISCO and CANNES, France , June 17, 2024 /PRNewswire/ -- Instacart (Nasdaq...
Rite Aid Expands Partnership with Instacart to Offer EBT SNAP Online Payment Option from more than 1,400 Locations
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced its expanded partnership with Instacart (NASDAQ: CART), the leading grocery technology company in North America, allowing use of an...
The Home Depot and Instacart Announce Nationwide Partnership to Offer Same-Day Delivery
The world's largest home improvement retailer now offers delivery in as fast as an hour SAN FRANCISCO and ATLANTA , May 23, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technolog...
Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart
CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.
Instacart CFO to Participate in Fireside Chat Hosted by J.P. Morgan
SAN FRANCISCO , May 13, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Commun...
TTD, ARM, ABNB, CART: Earnings Just Released
The Trade Desk (TTD), Arm Holdings (ARM), Airbnb (ABNB), and Instacart (CART) earnings were recently released. Caroline Woods and Kevin Green discuss these earnings.
Instacart: Grocery Shoppers Ditch Merchants That Don't Offer Smart Carts
Instacart is seeing in-store technologies impact grocery shoppers' spending and loyalty.
Instacart names Uber veteran its new CFO, as results top estimates
Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technolo...
Instacart projects key Q2 metrics above estimates, names new CFO
Instacart forecast its second-quarter gross transaction value (GTV) and core profit above estimates on Wednesday, helped by a surge in grocery orders as well as higher fees for the advertisements it s...
Instacart Announces First Quarter 2024 Financial Results
SAN FRANCISCO, May 8, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its first quarter ended March 31, 2024. These financial results are available within Instacart'...
Uber CEO Dara Khosrowshahi on Q1 results, growth outlook and Instacart partnership
Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss teh company's quarterly earnings results, growth outlook, strength of its Uber Eats delivery business, impact of the Instacart partnership, fut...
Uber and Instacart just formed an alliance, and they're taking aim at Doordash
Instacart is now offering restaurant delivery through Uber Eats on its app. The partnership represents "a threat to DoorDash," Uber CEO Dara Khosrowshahi told Bloomberg.
Instacart Partners With Uber Eats On Restaurant Delivery
Grocery delivery service Instacart, which gained popularity during the pandemic, said Tuesday it's partnering with Uber Eats to bring restaurant delivery to millions of its customers, prompting shares...
Uber and Instacart Team on Restaurant Deliveries As Diners Cut Back
Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers...
Instacart, Uber Join Forces to Add Uber Eats to Instacart App
The two companies announce the partnership as they face competition from common rival DoorDash.
Instacart partners with Uber to offer food delivery services to customers in US
Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as part of a partnership between t...
Instacart's stock moves higher on Uber delivery partnership
Instacart's stock (Maplebear Inc.) CART, -0.46% was up by 3% in premarket trading on Tuesday after the grocery store shopping app said it inked a delivery partnership with Uber Technologies Inc. UBER,...
Instacart Stock Pops on Uber Partnership
Instacart is teaming up with Uber Technologies to bring delivery to its customers through Uber Eats.
Uber, Instacart Partner on Restaurant Deliveries
Uber and Instacart are announcing a strategic partnership where Uber Eats will power a restaurant delivery tab within Instacart. Bloomberg's Emily Chang spoke exclusively with Uber CEO Dara Khosrowsha...
Uber Eats to Power Restaurant Delivery on Instacart
SAN FRANCISCO--(BUSINESS WIRE)--Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers....
ROFDA Members Select Instacart for Retail Media Network
ROFDA wholesalers, initially representing more than 2,250 stores across the U.S., will launch new online retail media networks powered by Instacart's Carrot Ads solution SAN FRANCISCO and CHICAGO , Ma...