Analysts Issue Forecasts for Maplebear FY2026 Earnings

Maplebear Inc. (NASDAQ:CART) – Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Maplebear in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan expects that the company will post earnings per share of $1.80 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $55.00 price target on the stock. The consensus estimate for Maplebear’s current full-year earnings is $1.43 per share.

A number of other research firms have also commented on CART. Barclays raised their price target on Maplebear from $58.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, May 2nd. Bank of America raised their price target on Maplebear from $51.00 to $53.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Wall Street Zen lowered Maplebear from a “buy” rating to a “hold” rating in a research note on Friday, May 30th. Wedbush dropped their price objective on Maplebear from $48.00 to $46.00 and set a “neutral” rating for the company in a research note on Wednesday, February 26th. Finally, Mizuho dropped their price objective on Maplebear from $55.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Thirteen analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $51.91.

Maplebear Price Performance

Maplebear stock opened at $44.18 on Tuesday. Maplebear has a one year low of $29.84 and a one year high of $53.44. The business has a fifty day moving average price of $43.36 and a 200-day moving average price of $43.73. The firm has a market capitalization of $11.60 billion, a P/E ratio of 29.65, a PEG ratio of 1.19 and a beta of 1.30.

Maplebear (NASDAQ:CART) last released its earnings results on Thursday, May 1st. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Maplebear had a return on equity of 13.78% and a net margin of 13.37%. The firm had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.86 million. During the same period in the prior year, the business earned $0.43 earnings per share. The business’s quarterly revenue was up 9.4% compared to the same quarter last year.

Insider Transactions at Maplebear

In related news, CEO Fidji Simo sold 2,033 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $40.00, for a total value of $81,320.00. Following the sale, the chief executive officer now directly owns 1,654,559 shares of the company’s stock, valued at $66,182,360. This trade represents a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Morgan Fong sold 5,249 shares of the firm’s stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $42.57, for a total value of $223,449.93. Following the completion of the sale, the general counsel now directly owns 484,292 shares in the company, valued at $20,616,310.44. The trade was a 1.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,640 shares of company stock worth $843,579. Company insiders own 26.00% of the company’s stock.

Institutional Trading of Maplebear

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Maplebear by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 16,514,830 shares of the company’s stock valued at $658,777,000 after acquiring an additional 546,472 shares in the last quarter. Victory Capital Management Inc. boosted its position in Maplebear by 62.8% during the 1st quarter. Victory Capital Management Inc. now owns 7,368,232 shares of the company’s stock valued at $293,919,000 after acquiring an additional 2,841,559 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Maplebear by 10.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,226,979 shares of the company’s stock valued at $208,505,000 after acquiring an additional 482,327 shares in the last quarter. Altimeter Capital Management LP boosted its position in Maplebear by 31.9% during the 1st quarter. Altimeter Capital Management LP now owns 3,348,128 shares of the company’s stock valued at $133,557,000 after acquiring an additional 810,510 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its position in Maplebear by 85.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 3,081,847 shares of the company’s stock valued at $127,650,000 after acquiring an additional 1,416,426 shares in the last quarter. 63.09% of the stock is owned by institutional investors.

Maplebear Company Profile

Maplebear Inc, doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.