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Maplebear (CART)
NASDAQ:CART
Maplebear (CART) Stock Price & Analysis
447 Followers
CART Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.13 - $42.95
Previous Close$34.09
Volume1.46M
Average Volume (3M)4.33M
Market Cap
$9.02B
Enterprise Value$6.88B
Total Cash (Recent Filing)$2.19B
Total Debt (Recent Filing)$40.00M
Price to Earnings (P/E)―
Beta1.20
Next Earnings
Aug 06, 2024EPS Estimate
$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.09
Shares Outstanding264,699,304
10 Day Avg. Volume4,271,676
30 Day Avg. Volume4,326,755
Standard Deviation0.16
R-Squared0.15
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)2.87
Price to Sales (P/S)2.74
Price to Cash Flow (P/CF)18.80
P/FCF Ratio22.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.30
Enterprise Value/Gross Profit3.02
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$44.15Price Target Upside28.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Maplebear News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAdj. EBITDA of $198m far exceeded MQe of $162m as the company continues to improve its profitability after recent cost cuts.
Market PositionInstacart’s Marketplace app and key Enterprise Platform technologies position it favorably to win an outsized share of the online grocery market.
PartnershipsInstacart recently announced a partnership with Uber, to bring Uber's restaurant delivery service to Instacart+.
Bears Say
Competitive EnvironmentConcerns continue over the competitive environment in the broader online grocery industry.
Gross MarginGross margin was down y/y by ~150 bps.
Management TurnoverThe CFO departing this close to the IPO is never a good thing.
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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 $42.95 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 Aug 06, 2024 which is in 10 days.
How were Maplebear’s earnings last quarter?
Maplebear released its earnings results on May 08, 2024. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of -$0.023 by $0.453.
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 $0.13.
How many shares outstanding does Maplebear have?
Maplebear has 264,699,300 shares outstanding.
What happened to Maplebear’s price movement after its last earnings report?
Maplebear reported an EPS of $0.43 in its last earnings report, beating expectations of -$0.023. Following the earnings report the stock price went down -3.709%.
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 1B.
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Maplebear Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$44.15 (28.64% Upside)
$44.15 (28.64% Upside)
Blogger Sentiment
Neutral
CART Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 3.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $391.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-52.16%
Trailing 12-Months
Asset Growth
10.28%
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
Q1 2024
0:00 / 0:00
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CART Stock 12 Month Forecast
Average Price Target
$44.15
▲(28.64% Upside)
Technical Analysis
Best Analysts Covering CART
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+27.95%
reiterated a buy rating 3 months ago
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 +27.95% per trade.
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