Should I buy or sell Maplebear stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Maplebear in the last year. There are currently 10 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CART shares. View CART analyst ratings or view top-rated stocks .

What is Maplebear's stock price target for 2024?

20 brokerages have issued twelve-month price objectives for Maplebear's stock. Their CART share price targets range from $26.00 to $48.00. On average, they expect the company's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price. View analysts price targets for CART or view top-rated stocks among Wall Street analysts .

How have CART shares performed in 2024?

Maplebear's stock was trading at $23.47 at the beginning of the year. Since then, CART shares have increased by 13.3% and is now trading at $26.60. View the best growth stocks for 2024 here .

When is Maplebear's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our CART earnings forecast .

How can I listen to Maplebear's earnings call?

Maplebear will be holding an earnings conference call on Tuesday, February 13th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

What other stocks do shareholders of Maplebear own?

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) .

When did Maplebear IPO?

(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.

When does the company's lock-up period expire?

Maplebear's lock-up period expires 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. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Maplebear's major shareholders?

Maplebear's stock is owned by a variety of institutional and retail investors. Top institutional investors include Canaan Partners IX LLC (1.33%), Norges Bank (1.20%), Industry Ventures L.L.C. (0.34%), American Express Co (0.27%), Simplex Trading LLC (0.00%) and Federated Hermes Inc. (0.17%). Insiders that own company stock include Gcm Grosvenor Inc, Grosvenor Capital Management, and Us (Ttgp) Ltd Sc. 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 .

NASDAQ:CART

Maplebear (CART) Stock Price, News & Analysis

$26.60

+0.53 (+2.03%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $24.90
▼
$27.28
50-Day Range: $22.43
▼
$27.17
52-Week Range: $22.13
▼
$42.95

Volume: 4.21 million shs
Average Volume: 2.44 million shs
Market Capitalization: $7.45 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $34.00

Get Maplebear alerts:

Maplebear MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 27.8% Upside
$34.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.37
Based on 16 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($13.68) to $0.30 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.

2.38 out of 5 stars

Business Services Sector

163rd out of 302 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 88 stocks

4.3

Analyst's Opinion

Consensus Rating
Maplebear has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 10 buy ratings, 10 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.00, Maplebear has a forecasted upside of 27.8% from its current price of $26.60.
Amount of Analyst Coverage
Maplebear has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CART.

0.0

Dividend Strength

Dividend Yield
Maplebear does not currently pay a dividend.
Dividend Growth
Maplebear does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CART.

3.0

News and Social Media Coverage

News Sentiment
Maplebear has a news sentiment score of 0.37. 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 lower news sentiment than the 0.80 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Maplebear this week, compared to 8 articles on an average week.
Search Interest
37 people have searched for CART on MarketBeat in the last 30 days. This is an increase of 131% compared to the previous 30 days.
MarketBeat Follows
10 people have added Maplebear to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Maplebear insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.02% of the stock of Maplebear is held by insiders.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Maplebear are expected to grow in the coming year, from ($13.68) to $0.30 per share.

See Top Rated MarketRank™ Stocks Here

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 a range of products, such as food, alcohol, consumer health, pet care, ready-made meals, and others. 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

30 days | 90 days | 365 days | Advanced Chart

CART Stock News Headlines

January 25, 2024 | marketbeat.com

Food fight! Which grocery store stocks will win in 2024? (CART)

Food retailers and distributors could be some of the biggest winners in 2024 - including these three stocks which may be worth placing in the shopping cart.

February 12, 2024 | barrons.com

CART LAWSUIT ALERT: Levi & Korsinsky Notifies Maplebear Inc. d/b/a Instacart Investors of a Class Action Lawsuit and Upcoming Deadline

February 12, 2024 | Edge On The Street (Ad)

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February 11, 2024 | stockhouse.com

Shareholders that lost money on Maplebear Inc. d/b/a Instacart(CART) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

February 11, 2024 | americanbankingnews.com

Maplebear (CART) Set to Announce Quarterly Earnings on Tuesday

February 9, 2024 | stockhouse.com

Levi & Korsinsky Notifies Shareholders of Maplebear Inc. d/b/a Instacart (CART) of a Class Action Lawsuit and an Upcoming Deadline

February 8, 2024 | stockhouse.com

DEADLINE ALERT: Bernstein Liebhard LLP Reminds Maplebear Inc. Investors of Upcoming Deadline

February 8, 2024 | barrons.com

Maplebear Inc. d/b/a Instacart Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - CART

February 12, 2024 | The Freeport Society (Ad)

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February 7, 2024 | tmcnet.com

CART STOCK NEWS: Investors with Large Losses Should Contact Robbins for Information About the Class Action Against Maplebear Inc. d/b/a Instacart

February 7, 2024 | stockhouse.com

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

February 7, 2024 | finance.yahoo.com

Instacart Welcomes Whole Foods Market Canada to the Instacart App

February 6, 2024 | stockhouse.com

INVESTOR ALERT: Levi & Korsinsky Notifies Shareholders of Maplebear Inc. d/b/a Instacart(CART) of a Class Action Lawsuit and an Upcoming Deadline

February 6, 2024 | stockhouse.com

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

February 5, 2024 | finance.yahoo.com

How 20 Startup Failures And An 'Empty Refrigerator' Inspired Apoorva Mehta To Found Instacart And Become A Billionaire

February 5, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Maplebear Amidst Strong Market Position and Growth Potential

February 4, 2024 | stockhouse.com

CART INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Instacart (Maplebear Inc.) Investors Can Join the Class Action Lawsuit!

February 4, 2024 | americanbankingnews.com

Head to Head Review: Alight (NYSE:ALIT) & Maplebear (NASDAQ:CART)

February 3, 2024 | markets.businessinsider.com

IMPORTANT DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

February 2, 2024 | stockhouse.com

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

February 2, 2024 | americanbankingnews.com

Maplebear (NASDAQ:CART) versus Etsy (NASDAQ:ETSY) Head-To-Head Comparison

February 1, 2024 | stockhouse.com

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

February 1, 2024 | businesswire.com

CART INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Instacart (Maplebear Inc.) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

January 31, 2024 | stockhouse.com

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

January 31, 2024 | stockhouse.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Maplebear Inc. d/b/a Instacart Investors of a Class Action Lawsuit and Upcoming Deadline - CART

January 31, 2024 | finance.yahoo.com

Instacart and HHS Launch Public-Private Partnership to Scale Food as Medicine Programs and Improve Health Outcomes Across the United States

January 30, 2024 | stockhouse.com

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Maplebear Inc. d/b/a Instacart with Losses of $100,000 to Contact the Firm

See More Headlines

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Company Calendar

Today: 2/12/2024
Next Earnings (Confirmed): 2/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:CART
CUSIP: N/A
CIK: 1579091
Web: www.instacart.com
Phone: 888-246-7822
Fax: N/A
Employees: 3,486
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $34.00
High Stock Price Target: $48.00
Low Stock Price Target: $26.00
Potential Upside/Downside: +27.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.50
Quick Ratio: 4.50

Sales & Book Value

Annual Sales: $2.55 billion
Price / Sales: 2.92
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 280,220,000
Free Float: 268,951,000
Market Cap: $7.45 billion
Optionable: Optionable
Beta: N/A

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

Ms. Fidji Simo (Age 38)
CEO & Chair
Comp: $1.51M
Mr. Nick Giovanni (Age 48)
CFO & Treasurer
Comp: $812.57k
Ms. Asha Sharma (Age 35)
Chief Operating Officer
Comp: $812.57k
Mr. Morgan William Fong (Age 48)
General Counsel & Secretary
Comp: $872.57k
Mr. Mike Dee
Co-founder
Mr. Alan Ramsay (Age 54)
Chief Accounting Officer
Mr. Varouj Chitilian
Chief Technology Officer
Rebecca Yoshiyama
Vice President of Investor Relations
Ms. Laura Jones
Chief Marketing Officer
Ms. Christina Hall
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CART Stock Analysis - Frequently Asked Questions

Should I buy or sell Maplebear stock right now?: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Maplebear in the last year. There are currently 10 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CART shares.
View CART analyst ratings or view top-rated stocks.
What is Maplebear's stock price target for 2024?: 20 brokerages have issued twelve-month price objectives for Maplebear's stock. Their CART share price targets range from $26.00 to $48.00. On average, they expect the company's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for CART or view top-rated stocks among Wall Street analysts.
How have CART shares performed in 2024?: Maplebear's stock was trading at $23.47 at the beginning of the year. Since then, CART shares have increased by 13.3% and is now trading at $26.60.
View the best growth stocks for 2024 here.
When is Maplebear's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our CART earnings forecast.
How can I listen to Maplebear's earnings call?: Maplebear will be holding an earnings conference call on Tuesday, February 13th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
What other stocks do shareholders of Maplebear own?: 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).

When did Maplebear IPO?: (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.
When does the company's lock-up period expire?: Maplebear's lock-up period expires 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. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Who are Maplebear's major shareholders?: Maplebear's stock is owned by a variety of institutional and retail investors. Top institutional investors include Canaan Partners IX LLC (1.33%), Norges Bank (1.20%), Industry Ventures L.L.C. (0.34%), American Express Co (0.27%), Simplex Trading LLC (0.00%) and Federated Hermes Inc. (0.17%). Insiders that own company stock include Gcm Grosvenor Inc, Grosvenor Capital Management, and Us (Ttgp) Ltd Sc.
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.

This page (NASDAQ:CART) was last updated on 2/12/2024 by MarketBeat.com Staff

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Maplebear (CART) Stock Price, News & Analysis

Maplebear MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Maplebear Stock (NASDAQ:CART)

CART Stock Price History

CART Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CART Stock Analysis - Frequently Asked Questions

Overall MarketRank^™