Maplebear (NASDAQ:CART) Cut to Hold at Fox Advisors

Fox Advisors downgraded shares of Maplebear (NASDAQ:CART) from a strong-buy rating to a hold rating in a report issued on Thursday morning,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Jefferies Financial Group increased their price objective on Maplebear from $41.00 to $48.00 and gave the stock a “hold” rating in a research report on Thursday, December 11th. Robert W. Baird reduced their price objective on shares of Maplebear from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. JPMorgan Chase & Co. lowered their target price on shares of Maplebear from $65.00 to $55.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 11th. BMO Capital Markets raised shares of Maplebear from a “market perform” rating to an “outperform” rating and set a $58.00 target price for the company in a report on Tuesday, November 11th. Finally, Wedbush reissued an “underperform” rating and set a $42.00 price target (down previously from $55.00) on shares of Maplebear in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Maplebear currently has a consensus rating of “Moderate Buy” and an average target price of $52.21.

Maplebear Stock Up 2.2%

Shares of NASDAQ:CART opened at $45.94 on Thursday. Maplebear has a 52 week low of $34.78 and a 52 week high of $53.50. The company has a 50-day moving average price of $40.72 and a 200 day moving average price of $43.54. The company has a market cap of $12.06 billion, a P/E ratio of 25.24, a PEG ratio of 1.50 and a beta of 1.01.

Maplebear (NASDAQ:CART) last issued its earnings results on Monday, November 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The business had revenue of $939.00 million during the quarter, compared to the consensus estimate of $933.76 million. Maplebear had a return on equity of 15.72% and a net margin of 14.09%.The company’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.42 EPS. Analysts expect that Maplebear will post 1.43 EPS for the current year.

Insider Transactions at Maplebear

In related news, General Counsel Morgan Fong sold 3,546 shares of Maplebear stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $42.39, for a total transaction of $150,314.94. Following the completion of the transaction, the general counsel directly owned 431,069 shares in the company, valued at $18,273,014.91. The trade was a 0.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Fidji Simo sold 3,051 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $39.60, for a total value of $120,819.60. Following the sale, the director owned 570,756 shares in the company, valued at approximately $22,601,937.60. This trade represents a 0.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 20,416 shares of company stock valued at $841,760 in the last ninety days. Corporate insiders own 26.00% of the company’s stock.

Institutional Trading of Maplebear

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CART. State Street Corp lifted its holdings in Maplebear by 1.3% in the 2nd quarter. State Street Corp now owns 5,101,870 shares of the company’s stock valued at $230,809,000 after purchasing an additional 66,588 shares in the last quarter. Boston Partners raised its position in shares of Maplebear by 93.3% in the second quarter. Boston Partners now owns 3,961,838 shares of the company’s stock valued at $179,261,000 after buying an additional 1,911,771 shares during the last quarter. Viking Global Investors LP purchased a new position in shares of Maplebear during the second quarter valued at approximately $169,782,000. Altimeter Capital Management LP boosted its position in Maplebear by 31.9% during the first quarter. Altimeter Capital Management LP now owns 3,348,128 shares of the company’s stock worth $133,557,000 after acquiring an additional 810,510 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in Maplebear in the 2nd quarter worth approximately $151,364,000. Hedge funds and other institutional investors own 63.09% of the company’s stock.

Trending Headlines about Maplebear

Here are the key news stories impacting Maplebear this week:

• Positive Sentiment: Maplebear agreed to a $60M refund settlement with the FTC resolving allegations around deceptive subscription and delivery claims; the settlement removes a major legal overhang and gives clarity on consumer refunds while the cash impact is modest relative to Maplebear’s revenue and market cap. Instacart to pay $60 million to settle FTC claims it deceived shoppers
• Neutral Sentiment: Podcast and news roundups are flagging the settlement as a de-risking event but note continued regulatory scrutiny — useful context for near-term sentiment but not new company guidance. Wall Street Breakfast Podcast: TikTok’s U.S. Survival Plan Is Locked In
• Neutral Sentiment: Explainers outline how the FTC is probing AI-driven pricing — useful for investors to understand the specific policy and consumer-protection questions at issue (price discrimination, A/B testing transparency). This is background that will shape any future regulatory remedy. Instacart’s AI-Driven Pricing Is Being Investigated by the FTC—Here’s What You Need to Know
• Negative Sentiment: The FTC has issued a civil investigative demand about Instacart’s Eversight AI pricing tool — this probe could lead to further fines, restrictions on pricing tools, or requirements to change algorithmic pricing/disclosures, creating ongoing regulatory and business-model risk. Instacart faces FTC probe over AI-powered pricing tool
• Negative Sentiment: Analysts and commentary have started to re-price the stock for increased regulatory and affordability risks; at least one note flagged a downgrade risk tied to potential margin and demand impacts if pricing tools or disclosures are curtailed. Instacart: FTC Probe And Affordability Risks (Rating Downgrade)
• Negative Sentiment: Initial reports of the FTC probe triggered sharp share declines earlier in the week as investors priced in uncertainty; while the settlement calmed some selling, volatility can persist while the AI inquiry continues. Maplebear Stock Slides As Instacart Parent Faces FTC Probe

Maplebear Company Profile

Maplebear, Inc, doing business as Instacart, operates a leading online grocery and essentials marketplace that connects consumers, retail partners and personal shoppers through its digital platform. The company enables customers to order groceries, household items and specialty products for same-day or scheduled delivery, as well as in-store pickup. By integrating its technology with retailers’ existing inventory and point-of-sale systems, Maplebear streamlines the shopping experience and provides real-time availability and pricing.

Founded in 2012 and headquartered in San Francisco, Maplebear has grown from a regional startup to a publicly traded company listed on NASDAQ under the ticker CART.