Brokers Offer Predictions for Maplebear FY2026 Earnings

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

A number of other brokerages have also recently issued reports on CART. Loop Capital lifted their price objective on shares of Maplebear from $52.00 to $58.00 and gave the company a “buy” rating in a report on Monday, May 19th. FBN Securities assumed coverage on shares of Maplebear in a report on Friday, March 28th. They set a “sector perform” rating and a $44.00 price objective for the company. Citigroup lifted their price objective on shares of Maplebear from $55.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, May 13th. Macquarie reiterated an “outperform” rating and set a $55.00 price objective on shares of Maplebear in a report on Tuesday, May 6th. Finally, Stifel Nicolaus reduced their price objective on shares of Maplebear from $57.00 to $54.00 and set a “buy” rating for the company in a report on Wednesday, April 23rd. Thirteen analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $51.91.

Maplebear Price Performance

Shares of NASDAQ CART opened at $44.17 on Tuesday. The stock has a market capitalization of $11.60 billion, a P/E ratio of 29.64, a P/E/G ratio of 1.19 and a beta of 1.30. The company has a 50-day moving average price of $43.50 and a 200-day moving average price of $43.73. Maplebear has a 1 year low of $29.84 and a 1 year high of $53.44.

Maplebear (NASDAQ:CART) last issued its quarterly earnings data 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). The business had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.86 million. Maplebear had a net margin of 13.37% and a return on equity of 13.78%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 earnings per share.

Institutional Trading of Maplebear

Hedge funds and other institutional investors have recently modified their holdings of the business. Proathlete Wealth Management LLC bought a new stake in shares of Maplebear in the first quarter valued at approximately $26,000. Jones Financial Companies Lllp raised its position in shares of Maplebear by 46.6% in the fourth quarter. Jones Financial Companies Lllp now owns 698 shares of the company’s stock valued at $29,000 after purchasing an additional 222 shares during the period. Allworth Financial LP grew its stake in Maplebear by 101.4% during the fourth quarter. Allworth Financial LP now owns 834 shares of the company’s stock valued at $37,000 after acquiring an additional 420 shares in the last quarter. NewEdge Advisors LLC grew its stake in Maplebear by 277.9% during the fourth quarter. NewEdge Advisors LLC now owns 975 shares of the company’s stock valued at $40,000 after acquiring an additional 717 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in Maplebear by 914.1% during the first quarter. UMB Bank n.a. now owns 1,004 shares of the company’s stock valued at $40,000 after acquiring an additional 905 shares in the last quarter. Institutional investors own 63.09% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Fidji Simo sold 2,033 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $40.00, for a total value of $81,320.00. Following the sale, the chief executive officer now owns 1,654,559 shares of the company’s stock, valued at $66,182,360. The trade was a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Morgan Fong sold 5,249 shares of the business’s stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $42.57, for a total transaction of $223,449.93. Following the completion of the sale, the general counsel now directly owns 484,292 shares in the company, valued at approximately $20,616,310.44. This trade represents a 1.07% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,640 shares of company stock valued at $843,579. Company insiders own 26.00% 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.