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Maplebear (CART)
NASDAQ:CART
Maplebear (CART) Stock Price & Analysis
389 Followers
CART Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.13 - $42.95
Previous Close$36.7
Volume2.35M
Average Volume (3M)4.74M
Market Cap
$9.78B
Enterprise Value$7.76B
Total Cash (Recent Filing)$2.07B
Total Debt (Recent Filing)$43.00M
Price to Earnings (P/E)-5.6
Beta1.23
Next Earnings
May 08, 2024EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.57
Shares Outstanding266,498,832
10 Day Avg. Volume4,012,537
30 Day Avg. Volume4,735,153
Standard Deviation0.16
R-Squared0.24
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.17
Price to Sales (P/S)3.83
Price to Cash Flow (P/CF)22.00
P/FCF Ratio25.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.61
Enterprise Value/Gross Profit4.24
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$40.00Price Target Upside8.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Maplebear News
Bulls Say, Bears Say
Bulls Say
Financial OutlookAnalyst upgrades Instacart to Outperform on the view that Gross Transaction Value is expected to exceed consensus expectations in the coming quarters.
Market ExpansionInstacart's revenue diversification strategy allows it to be agnostic to where the ecommerce sale is generated, whether on its own platform or through a retailer using its technology.
Technological AdvancementAPI integration allows third-party sites and apps to connect to Instacart’s marketplace, expanding the reach and utility of its platform.
Bears Say
CompetitionThe launch of Amazon's grocery delivery subscription service poses a significant risk to Instacart's future growth potential.
Financial PerformanceRevenue was slightly lower than expected due to a decrease in transaction revenue take rate.
Operational ConcernsInstacart will lay off 250 employees, which might impact operations.
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Ownership Overview
76.50% Insiders
1.85% Mutual Funds
4.09% Other Institutional Investors
17.56% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 May 08, 2024 which is in 2 days.
How were Maplebear’s earnings last quarter?
Maplebear released its earnings results on Feb 13, 2024. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of -$0.075 by $0.515.
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 -$0.02.
How many shares outstanding does Maplebear have?
Maplebear has 266,498,840 shares outstanding.
What happened to Maplebear’s price movement after its last earnings report?
Maplebear reported an EPS of $0.44 in its last earnings report, beating expectations of -$0.075. Following the earnings report the stock price went down -1.867%.
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 678M.
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Maplebear Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$40.00 (8.99% Upside)
$40.00 (8.99% Upside)
Blogger Sentiment
Neutral
CART Sentiment 58%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $103.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-48.53%
Trailing 12-Months
Asset Growth
28.84%
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
Q4 2024
0:00 / 0:00
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CART Stock 12 Months Forecast
Average Price Target
$40.00
▲(8.99% Upside)
Technical Analysis
Best Analysts Covering CART
1 Year
1 Year Success Rate
3/3 ratings generated profit
1 Year Average Return
+46.07%
reiterated a buy rating 3 months ago
Copying Jason Helfstein'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 +46.07% per trade.
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