Maplebear (Instacart) Inc. (CART)

NASDAQ: CART · IEX Real-Time Price · USD
-0.65 (-2.12%)
At close: Sep 22, 2023, 4:00 PM
-0.04 (-0.13%)
After-hours: Sep 22, 2023, 7:59 PM EDT
Market Cap 9.98B
Revenue (ttm) 2.90B
Net Income (ttm) 173.00M
Shares Out 332.77M
EPS (ttm) 0.52
PE Ratio 57.71
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,459,439
Open 31.56
Previous Close 30.65
Day's Range 29.91 - 31.60
52-Week Range 29.90 - 42.95
Beta n/a
Analysts Hold
Price Target n/a
Earnings Date n/a

About CART

Instacart is powering the future of grocery through technology. We partner with retailers to help them successfully navigate the digital transformation of their businesses. Instacart was founded in 2012 to bring the grocery industry online and help make grocery shopping effortless. We started by understanding what consumers want and then built enterprise-grade technologies that allow retailers to meet those needs. We want to enable any retailer, large or small, to drive success both online and in-store and serve their customers better in all of... [Read more]

Sector Technology
IPO Date Sep 19, 2023
Employees 3,486
Stock Exchange NASDAQ
Ticker Symbol CART
Full Company Profile

Financial Performance

Financial Statements


Instacart, Arm, Klaviyo: Tracking Wall Street response to recent IPOs

It's been a busy few weeks on Wall Street with IPOs from ARM (ARM), Instacart (CART), a Klaviyo (KVYO). So how are investors responding?

Other symbols: KVYOARM
1 day ago - Yahoo Finance

Is Instacart really a tech company? The case for and against

Some of the biggest, most highly-anticipated IPOs of the last few years have fallen short, burning investors who thought they were buying a technology stock. Peloton, WeWork, Blue Apron, and StitchFix...

1 day ago - CNBC Television

What's Next as Instacart and Arm Flirt With Busted IPO Status?

On Wall Street, a “busted” IPO is one that's simply defined — the stock trades below the initial offer price. At this writing, two of the most recent market entrants tied to key trends in payments and...

Other symbols: ARM
1 day ago - PYMNTS

Instacart's stock dips below IPO price again, but it's still too expensive, analyst says

Shares of Instacart dipped below the key $30 level for a third straight day, but they still have to fall a lot further to turn one analyst bullish.

1 day ago - Market Watch

Instacart Sinks Back Toward IPO Price. An Analyst Advises Caution.

BTIG launched coverage with a Neutral rating, citing stiff competition and slow growth in grocery delivery.

1 day ago - Barrons

Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike

Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.

1 day ago - CNBC

Is New IPO Instacart Already Hitting Speed Bumps?

But the public learned something new on September 19 when the stock went public: Its corporate name is actually Maplebear Inc. NASDAQ: CART, but it's a safe bet that most people will continue to refer...

1 day ago - MarketBeat

Instacart: Blockbuster IPO but what is the Intrinsic Value?

Instacart ( CART , Financial) is one of the most popular grocery delivery companies in the U.S, with a 21.8% market share as of 2023, this is up substantially from just 10.2% market share in 2019, acc...

2 days ago - GuruFocus

Arm, Instacart and Klaviyo losing steam after major IPO hype

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.

Other symbols: ARMKVYO
2 days ago - CNBC Television

Advertising is driving growth for Instacart, says Plexo's Lo Toney

Lo Toney, Plexo Capital founder, joins 'Closing Bell' to discuss the resurgence of the IPO market and more.

2 days ago - CNBC Television

A look recent IPOs and where the pipeline is headed

A very busy few days for IPO with Instacart (CART) and Klaviyo (KYVO) going public. Many are wondering if this is a new resurgence of the IPO market.

Other symbols: ARMKVYO
2 days ago - Yahoo Finance

How Instacart's IPO Delivers Liquidity Payday For Employees' Stock Options And Restricted Stock Units

Instacart's IPO is a big payday of liquidity for employees with grants of restricted stock units (RSUs) and stock options. Its SEC registration filing shows how it works.

2 days ago - Forbes

Instacart shares come back down to earth as IPO surge is wiped out

Instacart soared 40% above its IPO price on Tuesday as trading began. Its shares have since tumbled close to its debut price of $30 as momentum fades.

2 days ago - Business Insider

Instacart Falls Below IPO Price, Arm Is Also Close. What the Data Show Happens Next.

Instacart fell below its IPO price in premarket trading, while chip-design company Arm is just above its own listing price. Fresh data suggest more pain could follow.

Other symbols: ARM
2 days ago - Barrons

Klaviyo, Instacart and Arm Holdings slide premarket as shine comes off recent crop of IPOs

Shares of the three tech companies that recently conducted initial public offerings — including two unicorns — were all trading lower early Thursday, with the most recent, Klaviyo Inc., pulling back a...

Other symbols: ARMKVYO
2 days ago - Market Watch

Instacart shares slump to their IPO price as investors have second thoughts

Shares of Instacart, the online grocery-delivery service, slumped to their initial public offering price on Wednesday, as investors appeared to have second thoughts, in a setback for the newly energiz...

3 days ago - Market Watch

Trending stocks September 20, 2023: Arm, Instacart, IBM

Arm Holdings (ARM) shares close lower on Wednesday as ARK Invest Founder Cathie Wood notably avoided the chipmaker's IPO, stating there's "too much emphasis on AI." Instacart (CART) stock falls by ove...

Other symbols: IBMARM
3 days ago - Yahoo Finance

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

Marketing automation firm Klaviyo's shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm Holdings and Instacart added to doubts over whether a hoped-for new-l...

Other symbols: ARMKVYO
3 days ago - Reuters

Instacart loses almost all its IPO gains by second day of trading as rally fizzles

Instacart shares dropped on Wednesday leaving them narrowly above their debut price

3 days ago - CNBC

Instacart has a tougher path ahead, analyst warns as stock sputters

Instacart was in the “right place at the right time” during the pandemic, but Needham analyst Bernie McTernan doubts the path forward will be as easy for the grocery-delivery company.

3 days ago - Market Watch

Needham initiates Instacart stock with a ‘hold' rating

Instacart (NASDAQ: CART) is in the red this morning after a Needham analyst assumed coverage of the delivery company with a “hold” rating. McTernan shares his view on Instacart stock Bernie McTernan s...

3 days ago - Invezz

Stocks to watch September 20, 2023: Disney, Instacart, General Mills

Stocks tick up in the morning session in anticipation of the Fed's interest rate decision later today. Disney (DIS) plans to invest $60 billion into its theme parks and cruise lines over the next deca...

Other symbols: DISGIS
3 days ago - Yahoo Finance

Instacart founder Apoorva Mehta on IPO: Excited to see what the company does in the future

Apoorva Mehta, Instacart founder, joins 'Squawk Box' to discuss the company's IPO offering, how he came up with the idea of Instacart, why the company didn't go public earlier when valuation was highe...

3 days ago - CNBC Television

Instacart and Arm shares fall premarket as all eyes turn to Klaviyo

Grocery-delivery app Instacart CAR, known officially as Maplebear Inc., fell 4% in premarket trade Wednesday, a day after the stock debuted on Wall Street with a bang, opening 40% above where its init...

Other symbols: ARMKVYO
3 days ago - Market Watch

The IPO market has been frozen for 2 years. Arm and Instacart point to a thaw coming in 2024.

Instacart stock soared 40% above its IPO price on Tuesday when it started trading. Before Tuesday, the grocery brand secured a $10.2 billion valuation fully diluted, far below the $39 billion valuatio...

Other symbols: ARM
4 days ago - Business Insider