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Maplebear (CART)
NASDAQ:CART
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CART Stock Chart & Stats
Day’s Range― - ―
52-Week Range$23.59 - $50.01
Previous CloseN/A
Volume3.98M
Average Volume (3M)4.55M
Market Cap
$11.93B
Enterprise Value$10.22B
Total Cash (Recent Filing)$1.71B
Total Debt (Recent Filing)$36.00M
Price to Earnings (P/E)28.4
Beta1.41
Next Earnings
Feb 18, 2025EPS Estimate
0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.59
Shares Outstanding256,894,780
10 Day Avg. Volume6,518,727
30 Day Avg. Volume4,546,874
Standard Deviation0.12
R-Squared0.09
Alpha0.00590
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.64
Price to Cash Flow (P/CF)15.70
P/FCF Ratio16.90
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue4.36
Enterprise Value/Gross Profit4.49
Enterprise Value/Ebitda40.23
Forecast
1Y Price Target
$51.90Price Target Upside11.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Maplebear News
Bulls Say, Bears Say
Bulls Say
Competitive AdvantageCART's category-leading position in grocery delivery is underappreciated due to its deep technology integration with grocers, which creates an unparalleled user experience.
Financial PerformanceCART is solidly profitable with margin expansion potential, high EBITDA-to-FCF conversion, and a cash-heavy balance sheet.
ValuationThe stock is attractively valued at a discount relative to the estimated topline CAGR of over 10%.
Bears Say
Advertising RevenueDecelerating advertising revenue growth compared to 3Q, after three quarters of acceleration, as larger CPG advertisers remain weak.
Financial PerformanceThe 4Q Adj. EBITDA guide of $230M-$240M came in below consensus expectations, though management reiterated commitment to delivering gradual annual margin improvements.
Market Share And CompetitionCART has steadily ceded market share in recent years, having lost 500 basis points since peaking at approximately 24% in 2021.
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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 $23.59 and its highest was $50.01 in the past 12 months.
What is Maplebear’s market cap?
Maplebear’s market cap is $11.93B.
When is Maplebear’s upcoming earnings report date?
Maplebear’s upcoming earnings report date is Feb 18, 2025 which is in 31 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:
$51.90 (11.42% Upside)
$51.90 (11.42% Upside)
Blogger Sentiment
Bullish
CART Sentiment 91%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 5.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 3.8%
Last 30 Days ▲ 3.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
95.05%
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
Earnings Call Sentiment|Positive
Instacart reported strong financial performance in Q3 with significant growth in GTV, advertising, and adjusted EBITDA. The company is making strategic investments in technology and expanding its restaurant and Caper Cart initiatives. However, challenges remain with achieving price parity, and Q4 growth is tempered by tougher comparisons and an outage impact.Read More>---
CART Stock 12 Month Forecast
Average Price Target
$51.90
▲(11.42% Upside)
Technical Analysis
Best Analysts Covering CART
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+45.80%
reiterated a buy rating 2 months ago
Copying Andrew Boone'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 +45.80% per trade.
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