Maplebear Inc. (CART)
| Market Cap | 9.14B |
| Revenue (ttm) | 3.10B |
| Net Income (ttm) | -1.62B |
| Shares Out | 266.50M |
| EPS (ttm) | -5.86 |
| PE Ratio | n/a |
| Forward PE | 70.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,955,049 |
| Open | 34.98 |
| Previous Close | 34.75 |
| Day's Range | 34.09 - 34.98 |
| 52-Week Range | 22.13 - 42.95 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 41.11 (+19.85%) |
| Earnings Date | May 8, 2024 |
About CART
Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. It sells and delivers grocery products. The company offers its services through a mobile application and website. It also provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for CART stock is "Buy." The 12-month stock price forecast is $41.11, which is an increase of 19.85% from the latest price.
News
Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart
CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.
Instacart CFO to Participate in Fireside Chat Hosted by J.P. Morgan
SAN FRANCISCO , May 13, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Commun...
TTD, ARM, ABNB, CART: Earnings Just Released
The Trade Desk (TTD), Arm Holdings (ARM), Airbnb (ABNB), and Instacart (CART) earnings were recently released. Caroline Woods and Kevin Green discuss these earnings.
Instacart: Grocery Shoppers Ditch Merchants That Don't Offer Smart Carts
Instacart is seeing in-store technologies impact grocery shoppers' spending and loyalty.
Instacart names Uber veteran its new CFO, as results top estimates
Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technolo...
Instacart projects key Q2 metrics above estimates, names new CFO
Instacart forecast its second-quarter gross transaction value (GTV) and core profit above estimates on Wednesday, helped by a surge in grocery orders as well as higher fees for the advertisements it s...
Instacart Announces First Quarter 2024 Financial Results
SAN FRANCISCO, May 8, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its first quarter ended March 31, 2024. These financial results are available within Instacart'...
Uber CEO Dara Khosrowshahi on Q1 results, growth outlook and Instacart partnership
Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss teh company's quarterly earnings results, growth outlook, strength of its Uber Eats delivery business, impact of the Instacart partnership, fut...
Uber and Instacart just formed an alliance, and they're taking aim at Doordash
Instacart is now offering restaurant delivery through Uber Eats on its app. The partnership represents "a threat to DoorDash," Uber CEO Dara Khosrowshahi told Bloomberg.
Instacart Partners With Uber Eats On Restaurant Delivery
Grocery delivery service Instacart, which gained popularity during the pandemic, said Tuesday it's partnering with Uber Eats to bring restaurant delivery to millions of its customers, prompting shares...
Uber and Instacart Team on Restaurant Deliveries As Diners Cut Back
Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers...
Instacart, Uber Join Forces to Add Uber Eats to Instacart App
The two companies announce the partnership as they face competition from common rival DoorDash.
Instacart partners with Uber to offer food delivery services to customers in US
Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as part of a partnership between t...
Instacart's stock moves higher on Uber delivery partnership
Instacart's stock (Maplebear Inc.) CART, -0.46% was up by 3% in premarket trading on Tuesday after the grocery store shopping app said it inked a delivery partnership with Uber Technologies Inc. UBER,...
Instacart Stock Pops on Uber Partnership
Instacart is teaming up with Uber Technologies to bring delivery to its customers through Uber Eats.
Uber, Instacart Partner on Restaurant Deliveries
Uber and Instacart are announcing a strategic partnership where Uber Eats will power a restaurant delivery tab within Instacart. Bloomberg's Emily Chang spoke exclusively with Uber CEO Dara Khosrowsha...
Uber Eats to Power Restaurant Delivery on Instacart
SAN FRANCISCO--(BUSINESS WIRE)--Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers....
ROFDA Members Select Instacart for Retail Media Network
ROFDA wholesalers, initially representing more than 2,250 stores across the U.S., will launch new online retail media networks powered by Instacart's Carrot Ads solution SAN FRANCISCO and CHICAGO , Ma...
Instacart Becomes Kohl's Same-Day Delivery Partner, Continues Expansion Beyond Grocery
Instacart has become the exclusive same-day delivery partner of Kohl's. With Kohl's now on the Instacart App, nearly 109 million households can access same-day delivery from 1,172 Kohl's department st...
The Save Mart Companies Announces Expanded Partnership with Instacart
Save Mart, FoodMaxx, and Lucky banners to leverage Instacart's Caper Cart, FoodStorm, and Storefront Pro solutions to create omnichannel shopping experiences SAN FRANCISCO and MODESTO, Calif. , May 1,...
Instacart to Report First Quarter 2024 Financial Results on May 8, 2024
SAN FRANCISCO , April 17, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its first quarter 2024 financial results after market close on Wednesday, May 8, 2024. The compan...
INSTACART APPOINTS VICTORIA DOLAN TO BOARD OF DIRECTORS
SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Victoria Dolan, former CFO of Revlon, has joined t...
Instacart, DoorDash, and other apps appear to be trying to roll back Seattle's new laws for gig workers
Instacart, DoorDash, and other apps seem to be trying to roll back Seattle's new gig worker pay law. Their efforts targeted the workers via surveys and requests for testimonials to send to the city.
Future of shopping: Instacart debuts AI-driven ‘smart carts' to NYC retailers
Instacart's Caper Carts use AI to identify items, their price and the weight of produce -- and allow shoppers to check out stress-free with a click on a touch screen.
INSTACART TO POWER THE NEXT GENERATION OF INTERACTIVE FOOD EXPERIENCES WITH INTRODUCTION OF THE INSTACART DEVELOPER PLATFORM
Grocery Technology Company Invites Third Parties to Join The New York Times, WeightWatchers and GE Appliances in New API Program SAN FRANCISCO , March 27, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART)...