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Maplebear Stockholders Approve Key Proposals at Annual Meeting

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Maplebear Stockholders Approve Key Proposals at Annual Meeting

Confident Investing Starts Here:

Maplebear ( (CART) ) has shared an announcement.

On May 22, 2025, Maplebear Inc. held its 2025 Annual Meeting of Stockholders where stockholders voted on three key proposals. The stockholders elected two Class II directors, ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm, and approved the compensation of the Company’s named executive officers on a non-binding advisory basis.

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, trading as Instacart, demonstrates strong financial health with robust revenue and cash flow performance. Technical indicators support a positive trend, though the P/E ratio suggests potential overvaluation. The recent earnings call highlights strategic growth initiatives and operational efficiency, despite some macroeconomic challenges. Overall, the company is well-positioned for growth in the specialty retail sector.

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

More about Maplebear

Average Trading Volume: 4,464,625

Technical Sentiment Signal: Strong Buy

Current Market Cap: $12.25B

For detailed information about CART stock, go to TipRanks’ Stock Analysis page.

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