What is KeyCorp's Estimate for Maplebear Q3 Earnings?

Key Points

• KeyCorp expects Maplebear to report Q3 2026 earnings of $0.60 per share, with estimates of $0.70 for Q4, $2.41 for full-year 2026, and $2.69 for 2027.
• Maplebear’s latest quarterly EPS of $0.45 missed the $0.54 consensus estimate, although revenue reached $1.04 billion and increased 14.1% year over year.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $56.14 versus the stock’s reported $47.24 price.

Maplebear Inc. (NASDAQ:CART - Free Report) - KeyCorp issued their Q3 2026 earnings estimates for Maplebear in a research report issued to clients and investors on Friday, September 4th. KeyCorp analyst J. Patterson expects that the company will post earnings of $0.60 per share for the quarter. The consensus estimate for Maplebear's current full-year earnings is $2.33 per share. KeyCorp also issued estimates for Maplebear's Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.41 EPS and FY2027 earnings at $2.69 EPS.

Maplebear (NASDAQ:CART - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.09). Maplebear had a return on equity of 20.19% and a net margin of 11.97%.The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the company earned $0.41 EPS. The company's quarterly revenue was up 14.1% compared to the same quarter last year.

A number of other research analysts have also recently commented on the company. Wall Street Zen cut Maplebear from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Cantor Fitzgerald upped their price objective on shares of Maplebear from $56.00 to $63.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Wells Fargo & Company increased their price objective on shares of Maplebear from $47.00 to $54.00 and gave the stock an "equal weight" rating in a research note on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of Maplebear from $55.00 to $62.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Finally, Benchmark raised their target price on shares of Maplebear from $55.00 to $63.00 and gave the company a "buy" rating in a report on Friday, August 7th. Fifteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $56.14.

Maplebear Price Performance

Shares of NASDAQ CART opened at $47.24 on Friday. The business has a fifty day moving average price of $47.98 and a two-hundred day moving average price of $43.16. The stock has a market capitalization of $10.94 billion, a PE ratio of 25.81, a P/E/G ratio of 0.91 and a beta of 0.80. Maplebear has a fifty-two week low of $32.73 and a fifty-two week high of $52.68.

Insider Buying and Selling at Maplebear

In other news, Director Ravi Gupta sold 150,000 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $50.61, for a total transaction of $7,591,500.00. Following the completion of the transaction, the director owned 591,523 shares of the company's stock, valued at approximately $29,936,979.03. The trade was a 20.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Morgan Fong sold 18,390 shares of the business's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $49.96, for a total value of $918,764.40. Following the transaction, the insider directly owned 529,911 shares of the company's stock, valued at $26,474,353.56. This trade represents a 3.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 24.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CART. BlackRock Inc. bought a new position in Maplebear in the 2nd quarter valued at approximately $750,477,000. California State Teachers Retirement System grew its stake in shares of Maplebear by 4,490.8% during the second quarter. California State Teachers Retirement System now owns 9,115,159 shares of the company's stock worth $431,603,000 after buying an additional 8,916,607 shares during the last quarter. Viking Global Investors LP acquired a new position in shares of Maplebear during the second quarter worth $169,782,000. Marshall Wace LLP bought a new position in shares of Maplebear in the 4th quarter valued at $126,206,000. Finally, Norges Bank bought a new stake in Maplebear during the 4th quarter worth $97,221,000. Institutional investors and hedge funds own 63.09% of the company's stock.

Maplebear Company Profile

Maplebear Inc, doing business as Instacart, operates an online grocery marketplace that connects consumers with retailers and personal shoppers. Through its website and mobile applications, customers can browse products from participating grocery stores, place orders for delivery or pickup, and receive updates throughout the shopping and fulfillment process.

The company provides retailers with technology and services supporting e-commerce, fulfillment, customer engagement and digital advertising.

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