Maplebear (CART) to Release Quarterly Earnings on Wednesday

Key Points

• Q1 2026 earnings due before the market opens on Wednesday, May 6, 2026 at 8:30 AM ET, with analysts projecting $0.59 EPS and $1.0065 billion in revenue.
• Shares traded down about 0.9% to $41.84 on light volume; the company has a market cap of roughly $9.90 billion, a P/E of 26.24, and a 52‑week range of $32.73–$53.50.
• Street sentiment is mixed-to-positive—MarketBeat shows an average rating of "Moderate Buy" with a consensus price target of $51.29, supported by recent upgrades and target adjustments from several firms.

Maplebear (NASDAQ:CART - Get Free Report) is projected to announce its Q1 2026 results before the market opens on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $1.0065 billion for the quarter. Parties may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 8:30 AM ET.

Maplebear Trading Down 0.9%

Shares of Maplebear stock traded down $0.40 during trading on Wednesday, reaching $41.84. The stock had a trading volume of 272,459 shares, compared to its average volume of 4,655,220. The company has a market capitalization of $9.90 billion, a price-to-earnings ratio of 26.24, a P/E/G ratio of 0.66 and a beta of 0.88. The stock has a fifty day moving average price of $38.74 and a two-hundred day moving average price of $39.82. Maplebear has a 52 week low of $32.73 and a 52 week high of $53.50.

Wall Street Analyst Weigh In

CART has been the topic of a number of research reports. Wells Fargo & Company boosted their price target on Maplebear from $43.00 to $45.00 and gave the company an "equal weight" rating in a report on Monday, March 30th. Raymond James Financial upgraded Maplebear from a "hold" rating to a "moderate buy" rating in a report on Thursday, April 9th. Needham & Company LLC boosted their price target on Maplebear from $50.00 to $55.00 and gave the company a "buy" rating in a report on Friday, February 13th. Benchmark cut their price target on Maplebear from $60.00 to $53.00 and set a "buy" rating on the stock in a report on Tuesday, February 10th. Finally, Jefferies Financial Group upgraded Maplebear from a "hold" rating to a "buy" rating and boosted their price target for the company from $38.00 to $45.00 in a report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $51.29.

Insider Activity

In related news, CAO Lisa Blackwood-Kapral sold 9,390 shares of the company's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $40.25, for a total transaction of $377,947.50. Following the sale, the chief accounting officer owned 58,971 shares in the company, valued at approximately $2,373,582.75. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Morgan Fong sold 126,083 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $37.09, for a total value of $4,676,418.47. Following the sale, the general counsel owned 386,643 shares in the company, valued at $14,340,588.87. The trade was a 24.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 144,863 shares of company stock worth $5,418,135 in the last quarter. 24.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Maplebear

A number of institutional investors have recently bought and sold shares of the business. Compound Planning Inc. increased its position in Maplebear by 2.8% during the fourth quarter. Compound Planning Inc. now owns 19,347 shares of the company's stock worth $870,000 after buying an additional 523 shares during the last quarter. Invesco Ltd. increased its position in Maplebear by 11.2% during the fourth quarter. Invesco Ltd. now owns 1,777,389 shares of the company's stock worth $79,947,000 after buying an additional 179,459 shares during the last quarter. Corient Private Wealth LLC acquired a new position in Maplebear during the fourth quarter worth approximately $843,000. Mercer Global Advisors Inc. ADV acquired a new position in Maplebear during the fourth quarter worth approximately $1,206,000. Finally, Vident Advisory LLC acquired a new position in Maplebear during the fourth quarter worth approximately $221,000. Institutional investors and hedge funds own 63.09% of the company's stock.

About Maplebear

Maplebear, Inc, doing business as Instacart, operates a leading online grocery and essentials marketplace that connects consumers, retail partners and personal shoppers through its digital platform. The company enables customers to order groceries, household items and specialty products for same-day or scheduled delivery, as well as in-store pickup. By integrating its technology with retailers' existing inventory and point-of-sale systems, Maplebear streamlines the shopping experience and provides real-time availability and pricing.

Founded in 2012 and headquartered in San Francisco, Maplebear has grown from a regional startup to a publicly traded company listed on NASDAQ under the ticker CART.

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