NASDAQ:CART Maplebear (CART) Stock Price, News & Analysis $42.70 +0.71 (+1.69%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Maplebear Stock (NASDAQ:CART) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Maplebear alerts:Sign Up Key Stats Today's Range$41.66▼$43.1250-Day Range$31.84▼$44.0052-Week Range$22.13▼$45.01Volume3.29 million shsAverage Volume4.01 million shsMarket Capitalization$11.30 billionP/E RatioN/ADividend YieldN/APrice Target$43.10Consensus RatingModerate Buy Company OverviewMaplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California.Read More… Massive shakeup in defense contracting (Ad)There is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.You need to check out the full story right here. Maplebear Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks53rd Percentile Overall ScoreCART MarketRank™: Maplebear scored higher than 53% of companies evaluated by MarketBeat, and ranked 25th out of 39 stocks in the consumer cyclical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingMaplebear has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 13 buy ratings, 12 hold ratings, and no sell ratings.Amount of Analyst CoverageMaplebear has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Maplebear's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth19.30% Earnings GrowthEarnings for Maplebear are expected to grow by 19.30% in the coming year, from $1.14 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Maplebear is -2.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Maplebear is -2.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioMaplebear has a PEG Ratio of 1.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMaplebear has a P/B Ratio of 3.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Maplebear's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted10.22% of the float of Maplebear has been sold short.Short Interest Ratio / Days to CoverMaplebear has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Maplebear has recently increased by 13.42%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldMaplebear does not currently pay a dividend.Dividend GrowthMaplebear does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted10.22% of the float of Maplebear has been sold short.Short Interest Ratio / Days to CoverMaplebear has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Maplebear has recently increased by 13.42%, indicating that investor sentiment is decreasing significantly. News and Social Media2.6 / 5News Sentiment0.64 News SentimentMaplebear has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Consumer Cyclical companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Maplebear this week, compared to 9 articles on an average week.Search InterestOnly 7 people have searched for CART on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows11 people have added Maplebear to their MarketBeat watchlist in the last 30 days. This is an increase of 83% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Maplebear insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,480,317.00 in company stock.Percentage Held by Insiders36.00% of the stock of Maplebear is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions63.09% of the stock of Maplebear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Maplebear's insider trading history. 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. Email Address CART Stock News HeadlinesInstacart Is Revolutionizing Groceries: Why It's Time to InvestIt can be confusing, but Maplebear Inc. (NASDAQ: CART) is better known as Instacart, the world's largest online grocery marketplace.October 1, 2024 | marketbeat.comMaplebear Inc. (NASDAQ:CART) CAO Alan Ramsay Sells 2,486 SharesSeptember 25, 2024 | insidertrades.comUnlock 2024's Top Stock! 🌟Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.October 17, 2024 | Darwin (Ad)Maplebear Inc. (NASDAQ:CART) General Counsel Morgan Fong Sells 8,345 SharesSeptember 21, 2024 | insidertrades.comInsider Selling: Maplebear Inc. (NASDAQ:CART) General Counsel Sells 10,992 Shares of StockSeptember 21, 2024 | insidertrades.comCautious Outlook on Maplebear: Hold Rating Amidst Market Share Concerns and Advertising StagnationOctober 17 at 7:33 AM | markets.businessinsider.comJefferies Initiates Coverage of Maplebear (CART) with Hold RecommendationOctober 16 at 8:31 PM | msn.comInstacart to Report Third Quarter 2024 Financial Results on November 12, 2024October 15 at 9:25 AM | prnewswire.comSee More Headlines 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 2024. Since then, CART stock has increased by 81.9% and is now trading at $42.70. View the best growth stocks for 2024 here. How were Maplebear's earnings last quarter? Maplebear Inc. (NASDAQ:CART) released its earnings results on Tuesday, August, 6th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.13 by $0.07. The business's quarterly revenue 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 shareholders of Maplebear include Renaissance Capital LLC (0.07%), Creative Planning (0.05%), Exchange Traded Concepts LLC (0.02%) and FCF Advisors LLC (0.02%). 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 Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Tesla (TSLA). Company Calendar Last Earnings8/06/2024Today10/17/2024Next Earnings (Confirmed)11/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNASDAQ:CART CUSIPN/A CIK1579091 Webwww.instacart.com Phone888-246-7822FaxN/AEmployees3,380Year FoundedN/APrice Target and Rating Average Stock Price Target$43.10 High Stock Price Target$50.00 Low Stock Price Target$32.00 Potential Upside/Downside+0.9%Consensus RatingModerate Buy Rating Score (0-4)2.52 Research Coverage25 Analysts Profitability EPS (Most Recent Fiscal Year)($19.79) Trailing P/E RatioN/A Forward P/E Ratio37.46 P/E Growth1.4Net Income$-1,622,000,000.00 Net Margins-52.21% Pretax Margin-66.48% Return on Equity-49.98% Return on Assets-38.81% Debt Debt-to-Equity RatioN/A Current Ratio3.45 Quick Ratio3.45 Sales & Book Value Annual Sales$3.21 billion Price / Sales3.52 Cash FlowN/A Price / Cash FlowN/A Book Value$13.38 per share Price / Book3.19Miscellaneous Outstanding Shares264,699,000Free Float166,915,000Market Cap$11.30 billion OptionableOptionable BetaN/A Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report This page (NASDAQ:CART) was last updated on 10/17/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredRetire off just one stock ticker?ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT m...Behind the Markets | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. 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