Maplebear Inc. (CART)

NASDAQ: CART · Real-Time Price · USD
49.96
+0.93 (1.90%)
Jul 22, 2025, 4:00 PM - Market closed
1.90%
Market Cap13.03B
Revenue (ttm)3.46B
Net Income (ttm)424.00M
Shares Out 260.73M
EPS (ttm)1.52
PE Ratio32.91
Forward PE26.43
Dividendn/a
Ex-Dividend Daten/a
Volume3,237,133
Open49.25
Previous Close49.03
Day's Range48.72 - 50.09
52-Week Range29.84 - 53.44
Betan/a
AnalystsBuy
Price Target52.86 (+5.81%)
Earnings DateAug 7, 2025

About CART

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. Its service can be provided through company’s mobile application or website. The company also provides advertising services; and software-as-a-service solutions. Maplebear Inc., was incorporated in 2012 and is headquartered in San Francisco, California. [Read more]

IPO Date Sep 19, 2023
Employees 3,265
Stock Exchange NASDAQ
Ticker Symbol CART
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 24 analysts, the average rating for CART stock is "Buy." The 12-month stock price target is $52.86, which is an increase of 5.81% from the latest price.

Price Target
$52.86
(5.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Instacart to Report Second Quarter 2025 Financial Results on August 7, 2025

SAN FRANCISCO , July 17, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its second quarter 2025 financial results after market close on Thursday, August 7, 2025. The comp...

5 days ago - PRNewsWire

Instacart CEO to Participate in Fireside Chat Hosted by Goldman Sachs

SAN FRANCISCO , July 17, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Chris Rogers, current Chief Business Officer and incoming CEO, effective August 15, will participate in a fi...

5 days ago - PRNewsWire

Maplebear: Quiet Profitability In The Delivery Wars

Instacart, also known as Maplebear, offers a compelling mix of profitability, strong margins, and a rock-solid, near debt-free balance sheet, distinguishing itself from its gig economy peers. The comp...

11 days ago - Seeking Alpha

Instacart and Wegmans Launch Pilot of Caper Carts to Enhance the In-Store Shopping Experience

Smart carts are now available at Wegmans Dewitt in Syracuse, offering AI-powered convenience, real-time savings, and seamless checkout SAN FRANCISCO , July 1, 2025 /PRNewswire/ -- Instacart (Nasdaq: C...

21 days ago - PRNewsWire

Costco and Kroger Tap Instacart to Offer Faster Delivery

Instacart says it is introducing new delivery options for some of the country's biggest grocers. [contact-form-7] The delivery company announced Wednesday (June 18) new fulfillment options for retaile...

Other symbols: COSTKR
4 weeks ago - PYMNTS

Chase Freedom® Energizes Summer Fun with Q3 2025 Cash Back Categories: Instacart, Select Live Entertainment, Gas Stations, EV Charging

WILMINGTON, Del.--(BUSINESS WIRE)--This summer, Chase Freedom® is offering a lineup of 5% cash back categories that fuel fun. Whether attending a favorite artist's live performance, embarking on a roa...

5 weeks ago - Business Wire

Instacart and Pinterest to Launch New Retail Media Collaboration

New capability leverages first-party data and will make Pinterest ads directly shoppable via Instacart SAN FRANCISCO and CANNES, France , June 16, 2025 /PRNewswire/ -- Instacart (Nasdaq: CART) and Pin...

Other symbols: PINS
5 weeks ago - PRNewsWire

Costco Executive Members Now Get Monthly Credit for Same-Day Delivery with Instacart

Starting June 30, Costco Executive Members in the US and Canada will receive a $10 monthly credit towards a delivery order on sameday.costco.com, sameday.costco.ca, or Costco via Instacart SAN FRANCIS...

5 weeks ago - PRNewsWire

Instacart: Growth At A Reasonable Price

Instacart offers growth at a reasonable price, expanding beyond groceries into retail and restaurants, with strong margin expansion and resilient macro performance. AI-powered recommendations and broa...

6 weeks ago - Seeking Alpha

Advertisers Gain Real-Time Customizable Audiences and Always-On Measurement with Instacart and The Trade Desk

Expanded Partnership Helps Advertisers Unlock Closed-Loop Measurement on the Open Internet with Seamless Access to Instacart Retail Data, In-Flight Optimization SAN FRANCISCO , June 10, 2025 /PRNewswi...

Other symbols: TTD
6 weeks ago - PRNewsWire

Instacart Picks Chief Business Officer Chris Rogers as New CEO

Instacart promoted its chief business officer to the company's top leadership role. Chris Rogers will become CEO of the grocery delivery platform Aug. 15, according to a Wednesday (May 28) press relea...

7 weeks ago - PYMNTS

Instacart appoints insider Chris Rogers as CEO

Delivery platform Instacart on Wednesday said it has appointed company insider Chris Rogers as chief executive officer, effective August 15, as the current head Fidji Simo is set to exit to join OpenA...

7 weeks ago - Reuters

Instacart names Chris Rogers as CEO after Fidji Simo's exit for OpenAI

Instacart appointed business chief Chris Rogers as its new CEO after OpenAI announced this month that it recruited CEO Fidji Simo as its new applications lead. Rogers, who joined Instacart in 2019, wi...

7 weeks ago - CNBC

Instacart appoints chief business officer Chris Rogers as new CEO

Instacart announced on Wednesday that its chief business officer, Chris Rogers, has been appointed as the company's new CEO. The appointment is effective August 15.

7 weeks ago - TechCrunch

INSTACART APPOINTS CHRIS ROGERS AS CHIEF EXECUTIVE OFFICER

SAN FRANCISCO , May 28, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced that it has appointed Chris Rogers as Chief Executive Off...

7 weeks ago - PRNewsWire

The Big 3: AMZN, CART, ROKU

Mike Shorr with @ProsperTradingAcademy focuses on three companies with expansive reach in ecommerce and digital advertising. He notes Maplebear (CART) brushing up against a key resistance level, Roku ...

Other symbols: AMZNROKU
2 months ago - Schwab Network

OpenAI Hires Instacart CEO as Head of Applications

OpenAI said Instacart's chief executive is joining the company to lead its applications business as the ChatGPT maker looks to scale its operations and drive growth.

2 months ago - WSJ

OpenAI Hires Instacart C.E.O. to Run Business and Operations

Sam Altman, OpenAI's chief executive, said he hired Instacart's Fidji Simo to join in a new role as chief executive of applications.

2 months ago - NYTimes

Instacart Introduces Alcohol-Focused Fizz App to Tap Gen Z Market

Instacart is reportedly rolling out an app targeting Generation Z consumers, centered around group orders of drinks and party snacks.

2 months ago - PYMNTS

Instacart CFO to Participate in Fireside Chat Hosted by J.P. Morgan

SAN FRANCISCO , May 5, 2025 /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 Communi...

2 months ago - PRNewsWire

Maplebear Inc. (CART) Q1 2025 Earnings Call Transcript

Maplebear Inc. (NASDAQ:CART) Q1 2025 Earnings Call May 1, 2025 5:00 PM ET Company Participants Rebecca Yoshiyama - Investor Relations Fidji Simo - Chief Executive Officer Emily Reuter - Chief Financi...

2 months ago - Seeking Alpha

Instacart Posts Higher Revenue on Increased Orders

The grocery-delivery company, formally known as Maplebear, saw profit slip in the first quarter as operating expenses increased. Shares rose in after-hours trading.

2 months ago - WSJ

Instacart Announces First Quarter 2025 Financial Results

SAN FRANCISCO , May 1, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its first quarter ended March 31, 2025. These financial results are available within Instacart...

2 months ago - PRNewsWire

Instacart Acquires Wynshop to Strengthen Enterprise Solutions and Add Retailers

Grocery technology company Instacart acquired Wynshop, a provider of eCommerce solutions for grocers and retailers. The acquisition will strengthen Instacart's enterprise solutions and build upon its ...

2 months ago - PYMNTS

Instacart acquires Wynshop to provide tools for grocers and retailers

Grocery-delivery giant Instacart announced Thursday the acquisition of Wynshop, a provider of cloud-based e-commerce solutions for grocers. The deal will help Instacart improve its enterprise solution...

2 months ago - TechCrunch