Wedbush Estimates Maplebear’s FY2025 Earnings (NASDAQ:CART)

Maplebear Inc. (NASDAQ:CART) – Investment analysts at Wedbush increased their FY2025 earnings per share (EPS) estimates for shares of Maplebear in a note issued to investors on Thursday, August 21st. Wedbush analyst S. Devitt now expects that the company will earn $1.55 per share for the year, up from their prior forecast of $1.54. Wedbush has a “Underperform” rating and a $42.00 price target on the stock. The consensus estimate for Maplebear’s current full-year earnings is $1.43 per share. Wedbush also issued estimates for Maplebear’s Q4 2025 earnings at $0.41 EPS.

Maplebear (NASDAQ:CART) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Maplebear had a return on equity of 15.69% and a net margin of 13.76%.The company had revenue of $914.00 million during the quarter, compared to analyst estimates of $896.55 million. During the same quarter in the previous year, the firm posted $0.20 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis.

Several other equities analysts have also recently commented on CART. Stifel Nicolaus raised their target price on shares of Maplebear from $55.00 to $64.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Citigroup raised their price objective on shares of Maplebear from $57.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Jefferies Financial Group boosted their target price on Maplebear from $50.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, August 11th. Barclays increased their price target on Maplebear from $61.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Finally, Needham & Company LLC boosted their price objective on Maplebear from $56.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.63.

Maplebear Stock Down 2.6%

Shares of NASDAQ CART opened at $43.37 on Friday. The stock has a market cap of $11.43 billion, a P/E ratio of 25.07, a P/E/G ratio of 1.49 and a beta of 1.21. The firm’s 50-day simple moving average is $46.88 and its 200 day simple moving average is $44.62. Maplebear has a fifty-two week low of $33.17 and a fifty-two week high of $53.50.

Insider Buying and Selling at Maplebear

In other news, General Counsel Morgan Fong sold 4,680 shares of the business’s stock in a transaction on Monday, July 21st. The stock was sold at an average price of $49.16, for a total transaction of $230,068.80. Following the sale, the general counsel directly owned 452,000 shares of the company’s stock, valued at $22,220,320. The trade was a 1.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Fidji Simo sold 6,640 shares of the stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $50.00, for a total value of $332,000.00. Following the completion of the transaction, the chief executive officer owned 1,958,805 shares of the company’s stock, valued at $97,940,250. This trade represents a 0.34% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,975,327 shares of company stock worth $237,736,848. 26.00% of the stock is owned by insiders.

Institutional Trading of Maplebear

Several institutional investors and hedge funds have recently bought and sold shares of CART. Securian Asset Management Inc. increased its position in shares of Maplebear by 2.1% in the second quarter. Securian Asset Management Inc. now owns 12,509 shares of the company’s stock worth $566,000 after acquiring an additional 252 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Maplebear by 9.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,978 shares of the company’s stock valued at $134,000 after acquiring an additional 261 shares in the last quarter. Rafferty Asset Management LLC boosted its stake in Maplebear by 2.5% in the 2nd quarter. Rafferty Asset Management LLC now owns 11,000 shares of the company’s stock worth $498,000 after purchasing an additional 273 shares during the period. CWM LLC grew its position in Maplebear by 35.1% during the 1st quarter. CWM LLC now owns 1,058 shares of the company’s stock worth $42,000 after purchasing an additional 275 shares in the last quarter. Finally, Signaturefd LLC raised its stake in Maplebear by 27.1% during the 1st quarter. Signaturefd LLC now owns 1,335 shares of the company’s stock valued at $53,000 after purchasing an additional 285 shares during the period. Institutional investors and hedge funds own 63.09% of the company’s stock.

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.