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Maplebear (CART)
NASDAQ:CART
Holding CART?
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CART Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.13 - $50.01
Previous Close$43.25
Volume1.42M
Average Volume (3M)3.81M
Market Cap
$11.04B
Enterprise Value$9.83B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$28.00M
Price to Earnings (P/E)27.2
Beta1.47
Next Earnings
Feb 18, 2025EPS Estimate
$0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.59
Shares Outstanding256,894,776
10 Day Avg. Volume6,019,047
30 Day Avg. Volume3,806,863
Standard Deviation0.13
R-Squared0.09
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)3.72
Price to Sales (P/S)4.40
Price to Cash Flow (P/CF)14.90
P/FCF Ratio16.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.20
Enterprise Value/Gross Profit4.32
Enterprise Value/Ebitda38.70
Forecast
1Y Price Target
$50.92Price Target Upside18.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Maplebear News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceInstacart reported solid Q3 results, above consensus, reflecting healthy growth in online grocery, stable market share, accelerating order growth, and incremental contributions from Uber Eats.
Market PositionCompetitive position illustrated through deeper monetization as its take rate rises 6 bps y/y to 10.26%.
Technological IntegrationInstacart is an important technological enabler of ecommerce grocery as the company's deep technological integrations continue to accelerate customer adoption.
Bears Say
Advertising And RevenueA recent stagnation in advertising penetration reduces visibility into the margin outlook, presenting a key downside risk for EBITDA and future profit growth.
Financial PerformanceInstacart's 4Q EBITDA outlook at $230mn-$240mn was light versus the Street's expectation of $244mn, indicating potential reliance on additional incentives or marketing to drive orders.
Market Share And GrowthCART has steadily ceded market share in recent years, having lost 500 basis points since peaking at approximately 24% in 2021, which could limit future growth opportunities.
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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 $50.01 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 Feb 18, 2025 which is in 88 days.
How were Maplebear’s earnings last quarter?
Maplebear released its earnings results on Nov 12, 2024. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.219 by $0.201.
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 $0.37.
How many shares outstanding does Maplebear have?
Maplebear has 256,894,780 shares outstanding.
What happened to Maplebear’s price movement after its last earnings report?
Maplebear reported an EPS of $0.42 in its last earnings report, beating expectations of $0.219. Following the earnings report the stock price went down -11.005%.
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 919M.
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Maplebear Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$50.92 (18.53% Upside)
$50.92 (18.53% Upside)
Blogger Sentiment
Bullish
CART Sentiment 85%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 5.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.0%
Last 30 Days ▲ 18.3%
Last 30 Days ▲ 18.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
75.17%
12-Months-Change
Fundamentals
Return on Equity
13.22%
Trailing 12-Months
Asset Growth
-11.20%
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
Q3 2024
0:00 / 0:00
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CART Stock 12 Month Forecast
Average Price Target
$50.92
▲(18.53% Upside)
Technical Analysis
Best Analysts Covering CART
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+33.83%
reiterated a buy rating 6 days ago
Copying Colin Sebastian's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +33.83% per trade.
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