Maplebear (Instacart) Inc. (CART)
| 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]
Financial Performance
Financial StatementsNews
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?
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...
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...
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.
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.
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...
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...
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.
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.
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.
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.
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.
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.
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...
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...
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...
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...
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
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.
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...
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...
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...
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...
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...