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NASDAQ:CART

Maplebear (CART) Stock Price, News & Analysis

$37.21
+0.22 (+0.59%)
(As of 02:25 PM ET)
Today's Range
$36.35
$37.22
50-Day Range
$31.11
$36.99
52-Week Range
$22.13
$42.95
Volume
1.28 million shs
Average Volume
3.98 million shs
Market Capitalization
$9.70 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
15.4% Upside
$42.81 Price Target
Short Interest
Bearish
7.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.14mentions of Maplebear in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$2.29 M Sold Last Quarter
Proj. Earnings Growth
24.11%
From $1.12 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.

3.63 out of 5 stars

Business Services Sector

89th out of 311 stocks

Business Services, Not Elsewhere Classified Industry

40th out of 87 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.
I want to be very real with you
Listen, I don’t come at my readers this direct very often, but here goes nothing: There is one strategy that has helped change my life and I’d like to think it has changed the lives of some of my readers, too. We’ve had success stories but I won’t even show you here because I don’t want you to get unrealistic expectations since individual results do vary. But the point is, this thing is the real deal. There’s a reason I consider it my flagship, even with all the market advantages I’ve discovered in recent years.
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
I want to be very real with you
Listen, I don’t come at my readers this direct very often, but here goes nothing: There is one strategy that has helped change my life and I’d like to think it has changed the lives of some of my readers, too. We’ve had success stories but I won’t even show you here because I don’t want you to get unrealistic expectations since individual results do vary. But the point is, this thing is the real deal. There’s a reason I consider it my flagship, even with all the market advantages I’ve discovered in recent years.
Where Maplebear Stands With Analysts
Maplebear Inc (CART) CEO Fidji Simo Sells 33,000 Shares
BTIG Sticks to Its Hold Rating for Maplebear (CART)
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/16/2024
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
+15.4%
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
$3.04 billion
Book Value
$13.38 per share

Miscellaneous

Free Float
169,407,000
Market Cap
$9.68 billion
Optionable
Optionable
Beta
N/A
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Key Executives


CART Stock Analysis - Frequently Asked Questions

How have CART shares performed this year?

Maplebear's stock was trading at $23.47 on January 1st, 2024. Since then, CART stock has increased by 58.1% and is now trading at $37.10.
View the best growth stocks for 2024 here
.

How were Maplebear's earnings last quarter?

Maplebear Inc. (NASDAQ:CART) posted its quarterly earnings data 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 quarterly revenue was up 14.9% compared to the same quarter last year.

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 $30.00 per share.

Who are Maplebear's major shareholders?

Maplebear's top institutional investors 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 9/16/2024 by MarketBeat.com Staff

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