Maplebear Inc. (CART)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...

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...

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...

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.

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...

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,...

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...

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...

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...

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 ...

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...

Instacart Slashed Its Minimum Order—And Members Started Shopping More Often
Instacart (CART) wanted to get more orders in the door. Its strategy?

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...

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.

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.
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.

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 ...

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.

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.

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...
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.
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 ...
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.

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...

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.