Free Trial
NASDAQ:CART

Maplebear (CART) Stock Price, News & Analysis

$34.01
-0.61 (-1.76%)
(As of 09/6/2024 ET)
Today's Range
$33.17
$34.52
50-Day Range
$31.11
$36.51
52-Week Range
$22.13
$42.95
Volume
2.88 million shs
Average Volume
4.01 million shs
Market Capitalization
$9.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.81

Maplebear MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
25.9% Upside
$42.81 Price Target
Short Interest
Healthy
7.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.12mentions of Maplebear in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$2.38 M Sold Last Quarter
Proj. Earnings Growth
21.93%
From $1.14 to $1.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Business Services Sector

31st out of 303 stocks

Business Services, Not Elsewhere Classified Industry

11th out of 91 stocks

CART stock logo

About Maplebear Stock (NASDAQ: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.

CART Stock Price History

CART Stock News Headlines

Blank box, coffee cups, paper packages and courier in car. Deliv — Photo
DoorDash Stock Sprints Higher on EPS Beat and Raised Guidance (CART)
DoorDash Inc. (NASDAQ: DASH) is the largest food delivery platform in the United States, with over 550,000 restaurants and grocery stores in its network.
Is Warren Buffett preparing for a 50% market crash?
Billionaire investor Warren Buffet just dumped 60% of his Apple shares! Other billionaires like Mark Zuckerberg, Jeff Bezos, and the Walton family have sold billions of dollars worth of shares in their own companies as well. Are these billionaires quietly preparing for a historic market crash?
Financial markets news icon
MarketBeat Week in Review – 8/12 - 8/16 (CART)
The melt-up continued this week after benign inflation readings and a surprise jump in retail sales calmed recession fears and elevated hopes for a rate cut
A grocery bag under the door of the house.Food delivery to the door in craft bags. Delivery of groceries home
Instacart Stock Gains Momentum with Profits and AI-Powered Carts
Online grocery marketplace and delivery service company Maplebear Inc. (NASDAQ: CART) operates as Instacart. Instacart has had over 25 million customers
Maplebear (NASDAQ:CART) Research Coverage Started at Cantor Fitzgerald
Where Maplebear Stands With Analysts
Is Warren Buffett preparing for a 50% market crash?
Billionaire investor Warren Buffet just dumped 60% of his Apple shares! Other billionaires like Mark Zuckerberg, Jeff Bezos, and the Walton family have sold billions of dollars worth of shares in their own companies as well. Are these billionaires quietly preparing for a historic market crash?
Maplebear Inc (CART) CEO Fidji Simo Sells 33,000 Shares
Maplebear Sees Unusually Large Options Volume (NASDAQ:CART)
BTIG Sticks to Its Hold Rating for Maplebear (CART)
See More Headlines
Receive CART Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Maplebear and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:CART
Fax
N/A
Employees
3,380
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.81
High Stock Price Target
$50.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+25.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
25 Analysts

Profitability

Net Income
$-1,622,000,000.00
Pretax Margin
-66.48%

Debt

Sales & Book Value

Annual Sales
$3.21 billion
Book Value
$11.65 per share

Miscellaneous

Free Float
169,407,000
Market Cap
$9.00 billion
Optionable
Optionable
Beta
N/A
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives


CART Stock Analysis - Frequently Asked Questions

How have CART shares performed this year?

Maplebear's stock was trading at $23.47 at the beginning of the year. Since then, CART shares have increased by 44.9% and is now trading at $34.01.
View the best growth stocks for 2024 here
.

How were Maplebear's earnings last quarter?

Maplebear Inc. (NASDAQ:CART) announced its earnings results on Tuesday, August, 6th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.13 by $0.07. Maplebear's revenue for the quarter was up 14.9% on a year-over-year basis.

When did Maplebear IPO?

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

Who are Maplebear's major shareholders?

Top institutional investors of Maplebear include Sculptor Capital LP (0.91%), Maverick Capital Ltd. (0.85%), Federated Hermes Inc. (0.66%) and D. E. Shaw & Co. Inc. (0.46%). Insiders that own company stock include Us (Ttgp) Ltd Sc, Ravi Gupta, Fidji Simo, Nick Giovanni, Morgan Fong, Alan Ramsay, Gcm Grosvenor Inc, Jeffrey D Jordan and Grosvenor Capital Management,.
View institutional ownership trends
.

How do I buy shares of Maplebear?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Maplebear own?

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

This page (NASDAQ:CART) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners