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Maplebear ( (CART) ) just unveiled an update.
On August 15, 2025, Instacart announced the appointment of Josh Silverman, CEO of Etsy, to its Board of Directors, expanding the board to ten members. Silverman’s extensive experience in consumer technology and marketplaces is expected to enhance Instacart’s strategic direction and growth in the grocery technology sector. Concurrently, Chris Rogers assumed the roles of CEO and President, following Fidji Simo’s resignation from these positions, though she continues as Chair of the Board.
The most recent analyst rating on (CART) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Maplebear stock, see the CART Stock Forecast page.
Spark’s Take on CART Stock
According to Spark, TipRanks’ AI Analyst, CART is a Outperform.
Maplebear’s overall stock score is driven by strong financial performance and positive earnings call insights. The company’s strategic focus on AI and efficiency, along with a robust cash position, supports its growth prospects. However, technical indicators suggest short-term caution, and valuation metrics indicate moderate pricing.
To see Spark’s full report on CART stock, click here.
More about Maplebear
Instacart, operating under the registered corporate name Maplebear Inc., is a leading grocery technology company in North America. It collaborates with over 1,800 retail banners to offer online shopping, delivery, and pickup services from nearly 100,000 stores. Instacart provides a suite of technology products and services for e-commerce, advertising, and health initiatives, facilitating flexible earning opportunities for approximately 600,000 shoppers.
Average Trading Volume: 4,047,122
Technical Sentiment Signal: Buy
Current Market Cap: $11.56B
For a thorough assessment of CART stock, go to TipRanks’ Stock Analysis page.