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The latest announcement is out from Maplebear ( (CART) ).
On May 1, 2026, Maplebear Inc. entered into an unsecured revolving credit agreement led by Morgan Stanley Senior Funding for a $500 million facility, with the potential to expand by more than $1 billion, to fund working capital and general corporate purposes, including multi-currency borrowing and letters of credit, while imposing quarterly-tested leverage covenants and standard default protections. On April 27, 2026, the board also lifted its share repurchase authorization to $3.5 billion, reinforcing its capital-return flexibility as Instacart reported first-quarter 2026 results showing GTV up 13%, revenue above $1 billion, net income up 36% and robust free cash flow, underscoring its strengthening profitability, advertising growth and ability to finance expansion, M&A and buybacks without drawing on the new credit line.
The most recent analyst rating on (CART) stock is a Buy with a $60.00 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.
Score is driven primarily by strong financial performance (high margins, strong free cash flow, and very low leverage) and supportive guidance/sentiment from the latest earnings call. This is partially offset by weak technicals (price below key moving averages and negative MACD) and only mid-range valuation support at a ~22.7 P/E with no dividend yield provided.
To see Spark’s full report on CART stock, click here.
More about Maplebear
Maplebear Inc., which operates as Instacart, is a Nasdaq-listed grocery technology platform focused on online grocery ordering, delivery and pickup, as well as enterprise software and advertising solutions for retailers and consumer brands. The company runs a large marketplace in North America, powers white-label storefronts for grocers, and monetizes a scaled digital advertising ecosystem tied to grocery transactions.
Average Trading Volume: 4,365,532
Technical Sentiment Signal: Buy
Current Market Cap: $10.25B
Find detailed analytics on CART stock on TipRanks’ Stock Analysis page.