Maplebear Inc. (CART)
| Market Cap | 13.45B |
| Revenue (ttm) | 3.30B |
| Net Income (ttm) | 435.00M |
| Shares Out | 256.89M |
| EPS (ttm) | 1.53 |
| PE Ratio | 34.14 |
| Forward PE | 33.51 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,272,189 |
| Open | 52.50 |
| Previous Close | 52.55 |
| Day's Range | 51.58 - 53.20 |
| 52-Week Range | 29.58 - 53.44 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 49.50 (-5.47%) |
| Earnings Date | Feb 25, 2025 |
About CART
Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and 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 26 analysts, the average rating for CART stock is "Buy." The 12-month stock price forecast is $49.5, which is a decrease of -5.47% from the latest price.
News
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.
Instacart's Smart Trolleys are Now Available at Coles Supermarkets in Australia
Coles Supermarkets is the first retailer in the Asia Pacific region to deploy Caper Carts, Instacart's AI-powered smart trolleys SAN FRANCISCO and MELBOURNE, Australia , Feb. 10, 2025 /PRNewswire/ -- ...
Philadelphia Locals Get Surprise Big Game Grocery Deliveries by Instacart
Groceries delivered in Oscar Mayer Wienermobile by Green Giant, Cheetos® Chester Cheetah®, The Kool-Aid Man, and The Pillsbury Doughboy™ PHILADELPHIA , Feb. 8, 2025 /PRNewswire/ -- Ahead of Sunday's B...
Instacart Delivers Its First-Ever Super Bowl Ad, with Help from a Few Iconic MVPs
Beloved grocery brand mascots — including icons from past Super Bowl commercials — unite to show how Instacart takes care of your groceries so you can savor precious family time SAN FRANCISCO , Jan. 3...
Maplebear Inc. D/B/A Instacart: Upgrade To Outperform
Instacart is rated as a long-term buy, expected to outperform in 2025 with a target price of $53 per share, potentially reaching $60. The company's growth is driven by strong revenue, data-driven expa...
BrightFarms Partners With Instacart To Stave Off Resolution Quitters Via Free Salad Kits
Committed To Helping People Eat Clean & Green™ in 2025, BrightFarms' Crunch Kits Will Come Free With an Instacart Order on Thursday, January 23 IRVINGTON, N.Y. , Jan. 23, 2025 /PRNewswire/ -- BrightFa...
Instacart to Report Fourth Quarter and Full Year 2024 Financial Results on February 25, 2025
SAN FRANCISCO , Jan. 21, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its fourth quarter and full year 2024 financial results after market close on Tuesday, February 25...
The Big 3: CART, LMND, ROKU
It's a bullish-leaning Big 3 with @ProsperTradingAcademy's Mike Shorr offering example options trades in Maplebear (CART), Lemonade (LMND) and Roku Inc. (ROKU). Rick Ducat dives into the technical tre...
Instacart and Uber file appeal in driver deactivation lawsuit against City of Seattle
Instacart and Uber aren't letting up in their fight against a new law in Seattle.
Options Trades in CART and DASH
Needham delivers Instacart (CART) an upgrade to begin the week. The firm raised CART to a Buy rating and announced a $56 price target.
Instacart Partners with Leading POS Providers to Accelerate Caper Cart Adoption
DUMAC and TRUNO help unlock AI-powered smart carts for grocers of all sizes across North America SAN FRANCISCO , Jan. 13, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology ...
Dow Jones drops, S&P flat on Fed uncertainty; Maplebear Rallies, Exxon and Shell slump
US equity benchmarks were mixed on Wednesday as stronger than expected employment data raised concerns over future pace of rate cuts by the Federal Reserve. At the time of writing, the Dow Jones Indu...
Instacart Is Joining the S&P MidCap 400. Its Stock Is Rising.
Shares of Instacart rose Wednesday on the news that the food-delivery stock will join a new index.
Ulta Beauty Teams Up with Instacart to Deliver Beauty in a Flash Nationwide
Beauty meets convenience with largest specialty U.S. beauty retailer now available on Instacart for delivery in as fast as an hour from more than 1,400 stores SAN FRANCISCO and BOLINGBROOK, Ill. , Jan...
Cut+Dry and Instacart Announce New Partnership to Boost Ad Reach in Foodservice
New collaboration gives brands one of the largest advertising platforms for grocery and foodservice SAN FRANCISCO , Jan. 6, 2025 /PRNewswire/ -- Cut+Dry, one of the leading e-commerce and advertising ...
Pet Valu: Instacart Collaboration Could Be A Game-Changer
Pet Valu's recent collaboration with Instacart could significantly enhance its competitive position against retail giants like Walmart and Loblaw. While sales growth continues to be anemic, Pet Valu's...
Instacart joins Uber in lawsuit against Seattle over driver deactivation law
Instacart is joining Uber in an attempt to block a new ordinance in Seattle that regulates how companies can deactivate workers who deliver food, shop for groceries, and complete other tasks via on-de...
Pet Valu Expands Canadian Pawprint on Instacart
Devoted pet lovers across Canada can now get pet supplies delivered directly to their doorstep from Canada's leading pet retailer SAN FRANCISCO and MARKHAM, ON , Dec. 12, 2024 /PRNewswire/ -- Instacar...
CaringBridge and Instacart Partner to Deliver Community-Led Access to Groceries, Household Essentials, and Meals
BLOOMINGTON, Minn. and SAN FRANCISCO , Dec. 10, 2024 /PRNewswire/ -- CaringBridge, a nonprofit health platform, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, h...
Medical Home Network, Instacart Partner to Address Food Insecurity
CHICAGO & SAN FRANCISCO--(BUSINESS WIRE)--Medical Home Network (MHN), which enables federally qualified health centers (FQHCs) nationwide to succeed in value-based care, today announced a collaboratio...
Instacart to face challenges in competition and third-party premiums, says Deutsche's Lee Horowitz
Lee Horowitz, Deutsche Bank co-head of internet equity research, joins CNBC's 'The Exchange' to discuss Deutsche's hold rating on Instacart despite shares surging this year.
Instacart CFO to Participate in Fireside Chat at Nasdaq Conference
SAN FRANCISCO , Dec. 3, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the Nasdaq 51st London Investor Conference on Tuesd...