Maplebear (CART) Stock Forecast & Price Target

$41.58 -1.20 (-2.81%)

(As of 11/20/2024 ET)

Maplebear - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 25 Analyst Ratings

Sell
0

Hold
12

Buy
13

Based on 25 Wall Street analysts who have issued ratings for Maplebear in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 25 analysts, 12 have given a hold rating, and 13 have given a buy rating for CART.

Consensus Price Target

$47.29
13.72% Upside

According to the 25 analysts' twelve-month price targets for Maplebear, the average price target is $47.29. The highest price target for CART is $60.00, while the lowest price target for CART is $32.00. The average price target represents a forecasted upside of 13.72% from the current price of $41.58.

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CART Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	13 Buy rating(s)	13 Buy rating(s)	9 Buy rating(s)
Hold	12 Hold rating(s)	12 Hold rating(s)	11 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$47.29	$43.10	$42.70	$35.46
Forecasted Upside	13.72% Upside	-2.01% Downside	19.94% Upside	41.51% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CART Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CART Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Maplebear Stock vs. The Competition

Type	Maplebear	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.52	2.51	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	13.72% Upside	30.48% Upside	9.83% Upside
News Sentiment Rating	Positive News See Recent CART News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/14/2024	Macquarie 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$50.00 ➝ $52.00	+22.18%
11/13/2024	Piper Sandler 2 of 5 stars		Boost Target	Overweight ➝ Overweight	$50.00 ➝ $58.00	+38.66%
11/13/2024	JMP Securities 2 of 5 stars		Boost Target	Market Outperform ➝ Market Outperform	$42.00 ➝ $51.00	+21.92%
11/13/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$48.00 ➝ $56.00	+32.58%
11/13/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$55.00 ➝ $60.00	+39.24%
11/13/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$47.00 ➝ $52.00	+20.68%
Get the Latest News and Ratings for CART and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Maplebear and its competitors with MarketBeat's FREE daily newsletter.
11/13/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$39.00 ➝ $48.00	-0.70%
11/13/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$50.00 ➝ $51.00	+5.50%
11/13/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
11/13/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$44.00 ➝ $51.00	+5.50%
10/28/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$52.00 ➝ $55.00	+22.63%
10/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$43.00
10/7/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Mathivanan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$45.00 ➝ $45.00	+6.13%
9/24/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$45.00 ➝ $41.00	+1.94%
9/24/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
8/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$44.00 ➝ $47.00	+46.78%
8/7/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
8/7/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$35.00 ➝ $38.00	+16.67%
7/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Khajuria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
7/11/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight
6/5/2024	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$37.00 ➝ $45.00	+49.35%
5/16/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$46.00 ➝ $49.00	+44.97%
4/11/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$36.00 ➝ $37.00	-3.62%
4/1/2024	Fox Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
3/14/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$30.00 ➝ $43.00	+21.64%
10/16/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$48.00	+87.72%
9/22/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:24 AM ET.

CART Forecast - Frequently Asked Questions

: According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for Maplebear is $47.29, with a high forecast of $60.00 and a low forecast of $32.00.
: 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maplebear in the last year. There are currently 12 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CART shares.
: According to analysts, Maplebear's stock has a predicted upside of 13.72% based on their 12-month stock forecasts.
: Maplebear has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Cantor Fitzgerald, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., Macquarie, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Raymond James, Robert W. Baird, and Stifel Nicolaus in the past 90 days.
: Analysts like Maplebear more than other "retail/wholesale" companies. The consensus rating score for Maplebear is 2.52 while the average consensus rating score for "retail/wholesale" companies is 2.51. Learn more on how CART compares to other companies.

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Bill Gates’s Next Big AI Bet: Stargate (Ad)

In February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of my favorite stocks. Shares have jumped by more than 20,000% since then.

I believe we are about to do it again with this new AI project called Stargate

This page (NASDAQ:CART) was last updated on 11/21/2024 by MarketBeat.com Staff

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Maplebear (CART) Stock Forecast & Price Target