Maplebear Inc. (CART)

NASDAQ: CART · IEX Real-Time Price · USD
35.00
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
35.19
+0.19 (0.54%)
After-hours: Jul 19, 2024, 7:47 PM EDT
0.00%
Market Cap 9.26B
Revenue (ttm) 3.10B
Net Income (ttm) -1.62B
Shares Out 264.70M
EPS (ttm) -5.86
PE Ratio n/a
Forward PE 37.89
Dividend n/a
Ex-Dividend Date n/a
Volume 2,724,452
Open 35.15
Previous Close 35.00
Day's Range 34.92 - 35.85
52-Week Range 22.13 - 42.95
Beta n/a
Analysts Buy
Price Target 41.45 (+18.43%)
Earnings Date Aug 6, 2024

About CART

Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. It sells and delivers grocery products. The company offers its services through a mobile application and website. It also provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California. [Read more]

Industry Internet Retail
IPO Date Sep 19, 2023
Employees 3,380
Stock Exchange NASDAQ
Ticker Symbol CART
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for CART stock is "Buy." The 12-month stock price forecast is $41.45, which is an increase of 18.43% from the latest price.

Price Target
$41.45
(18.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Northwell Health Partners With Instacart to Expand Access to Nutritious Food for Patients and Staff

NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--Northwell Health, New York's largest health system, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a partn...

3 days ago - Business Wire

Instacart to Report Second Quarter 2024 Financial Results on August 6, 2024

SAN FRANCISCO , July 16, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its second quarter 2024 financial results after market close on Tuesday, August 6, 2024. The compa...

4 days ago - PRNewsWire

More ShopRites Adding Caper Carts Powered by Instacart

Wakefern Food Corp. Expands Initial Program with Instacart; Customers Can Now Use AI-powered Smart Shopping Carts at Select Stores in the Philadelphia Area SAN FRANCISCO and KEASBEY, N.J. , June 27, 2...

23 days ago - PRNewsWire

Welldoc Announces Collaboration to Support Cardiometabolic Health by Integrating AI-Driven Digital Coaching with Instacart's Innovative Technology Platform to Increase Access to Nutritious Groceries

COLUMBIA, Md.--(BUSINESS WIRE)--Welldoc announces collaboration with Instacart to transform healthcare delivery and bridge the gap between nutrition and health.

25 days ago - Business Wire

Price Chopper and McKeever's Introduce Instacart's Smart Carts

Caper Carts - Instacart's AI-powered smart carts - will roll out at select McKeever's and Price Chopper stores in Missouri SAN FRANCISCO and KANSAS CITY, Kan., June 25, 2024 /PRNewswire/ -- Instacart ...

25 days ago - PRNewsWire

Sally Beauty and Instacart Announce Nationwide Partnership to Offer Same-Day Delivery

Leading beauty retailer now offers same-day delivery in as fast as an hour via Instacart SAN FRANCISCO and DENTON, Texas , June 18, 2024 /PRNewswire/ -- Sally Beauty, the leading professional hair col...

Other symbols: SBH
4 weeks ago - PRNewsWire

INSTACART MAKES YOUTUBE ADS SHOPPABLE FOR CPG BRANDS

Marks Newest Extension of Off-Platform Partnerships Where Consumers can Seamlessly Purchase Products from YouTube Ads SAN FRANCISCO and CANNES, France , June 17, 2024 /PRNewswire/ -- Instacart (Nasdaq...

4 weeks ago - PRNewsWire

Rite Aid Expands Partnership with Instacart to Offer EBT SNAP Online Payment Option from more than 1,400 Locations

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced its expanded partnership with Instacart (NASDAQ: CART), the leading grocery technology company in North America, allowing use of an...

Other symbols: RADCQ
5 weeks ago - Business Wire

The Home Depot and Instacart Announce Nationwide Partnership to Offer Same-Day Delivery

The world's largest home improvement retailer now offers delivery in as fast as an hour SAN FRANCISCO and ATLANTA , May 23, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technolog...

Other symbols: HD
2 months ago - PRNewsWire

Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart

CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.

Other symbols: DASHLYFTUBER
2 months ago - CNBC

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

SAN FRANCISCO , May 13, 2024 /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 Commun...

2 months ago - PRNewsWire

TTD, ARM, ABNB, CART: Earnings Just Released

The Trade Desk (TTD), Arm Holdings (ARM), Airbnb (ABNB), and Instacart (CART) earnings were recently released. Caroline Woods and Kevin Green discuss these earnings.

Other symbols: ARMABNBTTD
2 months ago - Schwab Network

Instacart: Grocery Shoppers Ditch Merchants That Don't Offer Smart Carts

Instacart is seeing in-store technologies impact grocery shoppers' spending and loyalty.

2 months ago - PYMNTS

Instacart names Uber veteran its new CFO, as results top estimates

Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technolo...

Other symbols: UBER
2 months ago - Market Watch

Instacart projects key Q2 metrics above estimates, names new CFO

Instacart forecast its second-quarter gross transaction value (GTV) and core profit above estimates on Wednesday, helped by a surge in grocery orders as well as higher fees for the advertisements it s...

2 months ago - Reuters

Instacart Announces First Quarter 2024 Financial Results

SAN FRANCISCO, May 8, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its first quarter ended March 31, 2024. These financial results are available within Instacart'...

2 months ago - PRNewsWire

Uber CEO Dara Khosrowshahi on Q1 results, growth outlook and Instacart partnership

Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss teh company's quarterly earnings results, growth outlook, strength of its Uber Eats delivery business, impact of the Instacart partnership, fut...

Other symbols: UBER
2 months ago - CNBC Television

Uber and Instacart just formed an alliance, and they're taking aim at Doordash

Instacart is now offering restaurant delivery through Uber Eats on its app. The partnership represents "a threat to DoorDash," Uber CEO Dara Khosrowshahi told Bloomberg.

Other symbols: DASHUBER
2 months ago - Business Insider

Instacart Partners With Uber Eats On Restaurant Delivery

Grocery delivery service Instacart, which gained popularity during the pandemic, said Tuesday it's partnering with Uber Eats to bring restaurant delivery to millions of its customers, prompting shares...

Other symbols: UBER
2 months ago - Forbes

Uber and Instacart Team on Restaurant Deliveries As Diners Cut Back

Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers...

Other symbols: UBER
2 months ago - PYMNTS

Instacart, Uber Join Forces to Add Uber Eats to Instacart App

The two companies announce the partnership as they face competition from common rival DoorDash.

Other symbols: UBER
2 months ago - WSJ

Instacart partners with Uber to offer food delivery services to customers in US

Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as part of a partnership between t...

Other symbols: UBER
2 months ago - Reuters

Instacart's stock moves higher on Uber delivery partnership

Instacart's stock (Maplebear Inc.) CART, -0.46% was up by 3% in premarket trading on Tuesday after the grocery store shopping app said it inked a delivery partnership with Uber Technologies Inc. UBER,...

Other symbols: UBER
2 months ago - Market Watch

Instacart Stock Pops on Uber Partnership

Instacart is teaming up with Uber Technologies to bring delivery to its customers through Uber Eats.

Other symbols: UBER
2 months ago - Barrons

Uber, Instacart Partner on Restaurant Deliveries

Uber and Instacart are announcing a strategic partnership where Uber Eats will power a restaurant delivery tab within Instacart. Bloomberg's Emily Chang spoke exclusively with Uber CEO Dara Khosrowsha...

Other symbols: UBER
2 months ago - Bloomberg Markets and Finance