Maplebear Inc. (CART)

NASDAQ: CART · Real-Time Price · USD
41.86
+0.06 (0.14%)
Apr 15, 2025, 4:00 PM EDT - Market closed
0.14%
Market Cap 11.08B
Revenue (ttm) 3.38B
Net Income (ttm) 448.00M
Shares Out 264.64M
EPS (ttm) 1.58
PE Ratio 26.49
Forward PE 25.11
Dividend n/a
Ex-Dividend Date n/a
Volume 3,299,196
Open 42.04
Previous Close 41.80
Day's Range 41.56 - 42.50
52-Week Range 29.84 - 53.44
Beta n/a
Analysts Buy
Price Target 51.18 (+22.27%)
Earnings Date May 1, 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]

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

Financial Performance

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for CART stock is "Buy." The 12-month stock price forecast is $51.18, which is an increase of 22.27% from the latest price.

Price Target
$51.18
(22.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Balance Powers Embedded Invoicing for Instacart Business Customers

NEW YORK--(BUSINESS WIRE)--Balance, a financial infrastructure for B2B commerce, is proud to announce a collaboration with Instacart Business to introduce embedded invoicing as a payment method within...

10 hours ago - Business Wire

Instacart to Report First Quarter 2025 Financial Results on May 1, 2025

SAN FRANCISCO , April 10, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its first quarter 2025 financial results after market close on Thursday, May 1, 2025. The company...

5 days ago - PRNewsWire

Instacart and Dierbergs Markets Partner to Launch Same-Day Delivery and Carrot Tags

The family-owned grocer is now partnering with Instacart to offer delivery in as fast as an hour across Greater St. Louis and the Lake of the Ozarks, while streamlining order fulfillment through a new...

7 days ago - PRNewsWire

Top 3 Defensive Stocks That Are Preparing To Pump This Month

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: ADMWMT
8 days ago - Benzinga

Instacart to Use AI to Check Grocery Store Inventory

Instacart unveiled three new features that it said will increase the chances its customers will get the items they order. In the future, these features will also help Instacart's partner retailers and...

19 days ago - PYMNTS

Instacart Expands In-Store Advertising to All Brands on Caper Carts

Brands Can Now Reach Customers Online and In-Store with One Campaign Across the Instacart Ads Ecosystem CPG Brands of All Sizes Including Diana's Bananas, Kettle & Fire, Talking Rain Beverage Company,...

21 days ago - PRNewsWire

Hy-Vee RedMedia Partners with Instacart to Further Retail Media Capabilities

Leading Midwest grocer taps Instacart's Carrot Ads solution to expand retail media advertising for CPG brands SAN FRANCISCO and WEST DES MOINES, Iowa , March 25, 2025 /PRNewswire/ -- Instacart (NASDAQ...

21 days ago - PRNewsWire

Instacart Launches AI-Powered Universal Campaigns for Advertisers

New automation tools help brands of all sizes create high-performing ad campaigns on Instacart SAN FRANCISCO , March 20, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology c...

26 days ago - PRNewsWire

Adonis Partners with Instacart to Support Claims Billing for Instacart Health Nutrition Programs

Adonis now supports the leading grocery technology company in North America, streamlining revenue cycle operations for Instacart Health nutrition programs offered through health plans NEW YORK , March...

4 weeks ago - PRNewsWire

Instacart Launches AI-Powered 'Smart Shop' Technology and New Features to Enhance App Personalization, Making It Easier for Customers to Make Healthier, More Informed Choices

Instacart now offers more personalized recommendations based on preferences and provides clear nutrition and dietary information at consumers ' fingertips New collaboration with the American Diabetes ...

4 weeks ago - PRNewsWire

Instacart: The Online Grocery King Deserves A Higher Valuation

Instacart's dominant position as the leading online grocery platform in the U.S. creates a solid foundation for future growth. Instacart is uniquely positioned to benefit from a doubling of online gro...

4 weeks ago - Seeking Alpha

Instacart Slashed Its Minimum Order—And Members Started Shopping More Often

Instacart (CART) wanted to get more orders in the door. Its strategy?

5 weeks ago - Investopedia

Instacart: Put This In Your Cart Now After The Recent Drop

Last week, Instacart stock fell by over 12% after its Q4 report, even though the numbers weren't that bad. Combined with an overall market sell-off, shares are reasonably priced now. The Q4 results sh...

5 weeks ago - Seeking Alpha

Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast

Instacart shares plummeted 12% on Wednesday, their worst day on record. The grocery delivery company posted a fourth-quarter revenue miss and offered light guidance for the current period.

6 weeks ago - CNBC

Instacart's Order Growth Accelerates, But Tougher Comparisons Loom in 2025, Says Analyst

Maplebear Inc CART also known as Instacart reported worse-than expected fourth-quarter revenue. The following are the analysts comments on the company's performance.

6 weeks ago - Benzinga

CART's "Challenging" Competition, CAVA's Valuation Burst, LOW's Earnings Beat

Instacart's parent company, Maplebear (CART), sold off 10% to start its post-earnings trading day. Diane King Hall attributes the price dip to a "challenging" food delivery landscape.

Other symbols: CAVALOW
6 weeks ago - Schwab Network

Maplebear Inc. (CART) Q4 2024 Earnings Call Transcript

Maplebear Inc. (NASDAQ:CART) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Rebecca Yoshiyama - Vice President of Investor Relations, Capital Markets and Treasury ...

6 weeks ago - Seeking Alpha

Instacart stock falls as profit forecast comes up short

Shares of Instacart fell after hours on Tuesday, after the grocery delivery app's forecast for its preferred measure of profit came in below expectations.

7 weeks ago - Market Watch

Instacart forecasts downbeat first-quarter core profit, shares fall

Instacart on Tuesday forecast a lower-than-expected first-quarter core profit as the online grocery delivery platform expects sequential declines in advertising revenue.

7 weeks ago - Reuters

Instacart Announces Fourth Quarter and Full Year 2024 Financial Results

SAN FRANCISCO , Feb. 25, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its fourth quarter and full year ended December 31, 2024. These financial results are availa...

7 weeks ago - PRNewsWire

Options Trades in CART & DASH Ahead of CART Earnings

Maplebear (CART), Instacart's parent company, reports earnings after the closing bell. Arun Sundaram talks about what the company needs to wheel in an earnings win.

Other symbols: DASH
7 weeks ago - Schwab Network

Instacart CEO discusses Mark Zuckerberg's comments on 'masculine energy' in the workplace

Instacart CEO Fidji Simo told CNBC's Julia Boorstin that there is a need for both masculine and feminine energy in the workplace. There is considerable blowback right now against diversity efforts in ...

7 weeks ago - CNBC Television

Instacart CEO: We are using AI to help shoppers navigate food decsions

CNBC's Julia Boorstin sits down with InstaCart CEO to discuss how AI will impact grocery shopping.

7 weeks ago - CNBC Television

Instacart CFO to Participate in Fireside Chat Hosted by Morgan Stanley

SAN FRANCISCO , Feb. 18, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Con...

2 months ago - PRNewsWire

Instacart's Total Addressable Market Is Massive Despite Grocery Category Being Slower To Shift Online, Says Bullish Analyst

Seaport Global analyst Aaron Kessler initiated coverage on Maplebear Inc CART (Instacart) with a Buy rating and announced a price forecast of $62.00.

2 months ago - Benzinga