Maplebear (CART) Stock Price, News & Analysis

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Maplebear in the last year. There are currently 10 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CART shares.
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23 equities research analysts have issued 1-year price targets for Maplebear's stock. Their CART share price targets range from $26.00 to $48.00. On average, they expect the company's stock price to reach $38.79 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
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Maplebear's stock was trading at $23.47 at the beginning of 2024. Since then, CART shares have increased by 56.4% and is now trading at $36.70.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CART earnings forecast.

Maplebear will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Maplebear Inc. (NASDAQ:CART) posted its quarterly earnings results on Tuesday, February, 13th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.52. The company earned $803 million during the quarter, compared to analyst estimates of $804.62 million. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year.

ETFs with the largest weight of Maplebear (NASDAQ:CART) stock in their portfolio include ProShares On-Demand ETF (OND), Invesco Leisure and Entertainment ETF (PEJ), Invesco Food & Beverage ETF (PBJ), Amplify Online Retail ETF (IBUY), Global X Millennial Consumer ETF (MILN), SoFi Social 50 ETF (SFYF) and IQ U.S. Large Cap R&D Leaders ETF (LRND).Renaissance IPO ETF (IPO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Maplebear investors own include Ladder Capital (LADR), Bojangles' (BOJA), Duke Energy (DUK), GoPro (GPRO), Leggett & Platt (LEG), MGM Resorts International (MGM), Whirlpool (WHR), Albemarle (ALB), TD Ameritrade (AMTD) and Angi (ANGI).

Maplebear (CART) raised $660 million in an initial public offering on Tuesday, September 19th 2023. The company issued 22,000,000 shares at a price of $30.00 per share.

Maplebear's lock-up period expired on Monday, March 18th. Maplebear had issued 22,000,000 shares in its IPO on September 19th. The total size of the offering was $660,000,000 based on an initial share price of $30.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the expiration of the lock-up period.

Maplebear's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Industry Ventures L.L.C. (0.36%), Simplex Trading LLC (0.00%), Capstone Investment Advisors LLC (0.06%), Hodges Capital Management Inc. (0.06%), Sapient Capital LLC (0.03%) and Udine Wealth Management Inc. (0.02%). Insiders that own company stock include Alan Ramsay, Fidji Simo, Gcm Grosvenor Inc, Grosvenor Capital Management,, Jeffrey D Jordan, Morgan Fong, Nick Giovanni, Ravi Gupta and Us (Ttgp) Ltd Sc.
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Shares of CART stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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