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Maplebear (CART)
NASDAQ:CART
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CART Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.13 - $40.05
Previous Close$39.87
Volume2.56M
Average Volume (3M)3.57M
Market Cap
$10.68B
Enterprise Value$8.84B
Total Cash (Recent Filing)$1.44B
Total Debt (Recent Filing)$32.00M
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Nov 06, 2024EPS Estimate
$0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.97
Shares Outstanding260,804,661
10 Day Avg. Volume3,496,730
30 Day Avg. Volume3,574,752
Standard Deviation0.14
R-Squared0.14
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.42
Price to Sales (P/S)4.10
Price to Cash Flow (P/CF)10.10
P/FCF Ratio11.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.93
Enterprise Value/Gross Profit3.88
Enterprise Value/Ebitda106.50
Forecast
1Y Price Target
$45.23Price Target Upside8.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Maplebear News
PremiumCompany Announcements
Maplebear Welcomes Mary Beth Laughton to Board of Directors
Bulls Say, Bears Say
Bulls Say
Advertising RevenueAdvertising revenue growth of 11% reaccelerated, following more consistent Gross Transaction Value (GTV) growth as EBITDA came in 9% above the high-end of guidance.
Revenue GrowthRevenue growth accelerated to 14.9% year-over-year, reflecting healthy growth in users, basket sizes, and orders, including order frequency.
User And Order GrowthSolid order growth is driven by Instacart’s incentives platform, improved delivery options, and greater selection, including restaurants with UberEats.
Bears Say
Advertising ExpectationsLowering expectations on advertising as CART expects the trend to accelerate the investment rate to elongate given pressure facing its larger brands.
CompetitionCompetition in online grocery with larger, well-capitalized peers, including Amazon, Uber, and DoorDash.
Customer AcquisitionAs competition picks up (e.g., DoorDash), how has it affected your customer acquisition spend levels and what does this portend for NTM S&M and take rate leverage?
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CART FAQ
What was Maplebear’s price range in the past 12 months?
Maplebear lowest stock price was $22.13 and its highest was $40.05 in the past 12 months.
What is Maplebear’s market cap?
Currently, no data Available
When is Maplebear’s upcoming earnings report date?
Maplebear’s upcoming earnings report date is Nov 06, 2024 which is in 48 days.
How were Maplebear’s earnings last quarter?
Maplebear released its earnings results on Aug 06, 2024. The company reported $0.2 earnings per share for the quarter, beating the consensus estimate of $0.131 by $0.069.
Is Maplebear overvalued?
According to Wall Street analysts Maplebear’s price is currently Undervalued.
Does Maplebear pay dividends?
Maplebear does not currently pay dividends.
What is Maplebear’s EPS estimate?
Maplebear’s EPS estimate is $0.21.
How many shares outstanding does Maplebear have?
Maplebear has 257,104,680 shares outstanding.
What happened to Maplebear’s price movement after its last earnings report?
Maplebear reported an EPS of $0.2 in its last earnings report, beating expectations of $0.131. Following the earnings report the stock price went up 2.8%.
Which hedge fund is a major shareholder of Maplebear?
Among the largest hedge funds holding Maplebear’s share is D1 Capital Partners LP. It holds Maplebear’s shares valued at 929M.
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Maplebear Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$45.23 (8.86% Upside)
$45.23 (8.86% Upside)
Blogger Sentiment
Neutral
CART Sentiment 54%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 12.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-53.67%
Trailing 12-Months
Asset Growth
6.34%
Trailing 12-Months
Company Description
Maplebear
Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. The company connects the consumer with a personal shopper to shop and deliver 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 or website. The company was incorporated in 2012 and is based in San Francisco, California.
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CART Earnings Call
Q2 2024
0:00 / 0:00
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CART Stock 12 Month Forecast
Average Price Target
$45.23
▲(8.86% Upside)
Technical Analysis
Best Analysts Covering CART
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+41.28%
reiterated a buy rating last month
Copying Mark Kelley's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +41.28% per trade.
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