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Maplebear Appoints Chris Rogers as New Chair

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Maplebear Appoints Chris Rogers as New Chair

TipRanks Cyber Monday Sale

The latest update is out from Maplebear ( (CART) ).

On November 21, 2025, Fidji Simo resigned as Chair and member of the Board of Maplebear Inc., following her resignation as CEO and President, to ensure a smooth leadership transition. Chris Rogers was appointed as the new Chair on November 24, 2025, and the Board size was reduced from ten to nine directors, as the company continues to operate from a position of strength and aims to redefine possibilities in the grocery industry.

The most recent analyst rating on (CART) stock is a Buy with a $44.00 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 strong financial performance and positive earnings call are the most significant factors driving the stock score. The company’s robust profitability, low leverage, and strategic growth initiatives provide a solid foundation for future growth. However, technical analysis suggests potential bearish momentum, and valuation metrics indicate moderate attractiveness. Challenges such as declining average order value and regulatory issues should be monitored.

To see Spark’s full report on CART stock, click here.

More about Maplebear

Maplebear Inc., operating under the brand Instacart, is a company focused on the grocery industry, providing services that connect consumers with personal shoppers for grocery delivery and pickup.

Average Trading Volume: 6,210,893

Technical Sentiment Signal: Sell

Current Market Cap: $10.62B

For a thorough assessment of CART stock, go to TipRanks’ Stock Analysis page.

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