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Consumer Cyclical - Specialty Retail - NASDAQ - US
$ 45.67
0.0866 %
$ 11.9 B
Market Cap
30.42
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one CART stock under the worst case scenario is HIDDEN Compared to the current market price of 45.7 USD, Instacart (Maplebear Inc.) is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one CART stock under the base case scenario is HIDDEN Compared to the current market price of 45.7 USD, Instacart (Maplebear Inc.) is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one CART stock under the best case scenario is HIDDEN Compared to the current market price of 45.7 USD, Instacart (Maplebear Inc.) is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CART

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$54.0$54.0$52.0$52.0$50.0$50.0$48.0$48.0$46.0$46.0$44.0$44.0$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
3.38 B REVENUE
11.05%
489 M OPERATING INCOME
122.83%
457 M NET INCOME
128.18%
687 M OPERATING CASH FLOW
17.24%
-107 M INVESTING CASH FLOW
-79.26%
-1.41 B FINANCING CASH FLOW
-4610.00%
897 M REVENUE
1.59%
110 M OPERATING INCOME
-29.03%
106 M NET INCOME
-28.38%
298 M OPERATING CASH FLOW
94.77%
1 M INVESTING CASH FLOW
101.23%
-46 M FINANCING CASH FLOW
19.30%
Balance Sheet Instacart (Maplebear Inc.)
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Current Assets 2.7 B
Cash & Short-Term Investments 1.52 B
Receivables 1.01 B
Other Current Assets 162 M
Non-Current Assets 1.42 B
Long-Term Investments 0
PP&E 221 M
Other Non-Current Assets 1.2 B
36.96 %24.64 %3.94 %5.37 %29.09 %Total Assets$4.1b
Current Liabilities 798 M
Accounts Payable 80 M
Short-Term Debt 13 M
Other Current Liabilities 705 M
Non-Current Liabilities 224 M
Long-Term Debt 0
Other Non-Current Liabilities 224 M
7.83 %68.98 %21.92 %Total Liabilities$1.0b
EFFICIENCY
Earnings Waterfall Instacart (Maplebear Inc.)
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Revenue 3.38 B
Cost Of Revenue 836 M
Gross Profit 2.54 B
Operating Expenses 1.78 B
Operating Income 489 M
Other Expenses 32 M
Net Income 457 M
4b4b3b3b3b3b2b2b2b2b1b1b500m500m003b(836m)3b(2b)489m(32m)457mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
75.25% GROSS MARGIN
75.25%
14.48% OPERATING MARGIN
14.48%
13.53% NET MARGIN
13.53%
14.78% ROE
14.78%
11.11% ROA
11.11%
12.16% ROIC
12.16%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Instacart (Maplebear Inc.)
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800m800m600m600m400m400m200m200m00(200m)(200m)(400m)(400m)(600m)(600m)202020202021202120222022202320232024202420252025
Net Income 457 M
Depreciation & Amortization 67 M
Capital Expenditures -64 M
Stock-Based Compensation 300 M
Change in Working Capital -219 M
Others -19 M
Free Cash Flow 623 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Instacart (Maplebear Inc.)
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Wall Street analysts predict an average 1-year price target for CART of $48.9 , with forecasts ranging from a low of $38 to a high of $60 .
CART Lowest Price Target Wall Street Target
38 USD -16.79%
CART Average Price Target Wall Street Target
48.9 USD 7.07%
CART Highest Price Target Wall Street Target
60 USD 31.38%
Price
Max Price Target
Min Price Target
Average Price Target
6060555550504545404035353030Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Instacart (Maplebear Inc.)
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Sold
0-3 MONTHS
2.69 M USD 3
3-6 MONTHS
3.52 M USD 3
6-9 MONTHS
6.48 M USD 3
9-12 MONTHS
3.96 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Here's Why Maplebear (CART) is a Great Momentum Stock to Buy Does Maplebear (CART) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 2 weeks ago
Instacart Picks Chief Business Officer Chris Rogers as New CEO Instacart promoted its chief business officer to the company's top leadership role. Chris Rogers will become CEO of the grocery delivery platform Aug. 15, according to a Wednesday (May 28) press release. pymnts.com - 2 weeks ago
Instacart appoints insider Chris Rogers as CEO Delivery platform Instacart on Wednesday said it has appointed company insider Chris Rogers as chief executive officer, effective August 15, as the current head Fidji Simo is set to exit to join OpenAI. reuters.com - 2 weeks ago
INSTACART APPOINTS CHRIS ROGERS AS CHIEF EXECUTIVE OFFICER SAN FRANCISCO , May 28, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced that it has appointed Chris Rogers as Chief Executive Officer, effective August 15, reporting to Instacart's Board of Directors. He'll also join Instacart's Board of Directors upon assuming the role of CEO. prnewswire.com - 2 weeks ago
Instacart appoints chief business officer Chris Rogers as new CEO Instacart announced on Wednesday that its chief business officer, Chris Rogers, has been appointed as the company's new CEO. The appointment is effective August 15. techcrunch.com - 2 weeks ago
The Big 3: AMZN, CART, ROKU Mike Shorr with @ProsperTradingAcademy focuses on three companies with expansive reach in ecommerce and digital advertising. He notes Maplebear (CART) brushing up against a key resistance level, Roku Inc.'s (ROKU) vulnerability of "outperforming to the downside," and his bullish expectations on Amazon (AMZN). youtube.com - 3 weeks ago
The Billionaire Portfolio: 3 Stocks Wealthy Investors Can't Get Enough Of Picking through the proverbial haystacks to find the needles smart-money investors are targeting is a difficult task to do on one's own. 247wallst.com - 3 weeks ago
4 Stocks to Buy as Retail Sales Grow Despite Tariff Threats Stocks like CART, CNXN, CVNA and JWN are likely to benefit from the steady growth in retail sales. zacks.com - 4 weeks ago
OpenAI Hires Instacart CEO as Head of Applications OpenAI said Instacart's chief executive is joining the company to lead its applications business as the ChatGPT maker looks to scale its operations and drive growth. wsj.com - 1 month ago
OpenAI Hires Instacart C.E.O. to Run Business and Operations Sam Altman, OpenAI's chief executive, said he hired Instacart's Fidji Simo to join in a new role as chief executive of applications. nytimes.com - 1 month ago
Why Maplebear (CART) Might be Well Poised for a Surge Maplebear (CART) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. zacks.com - 1 month ago
Is Maplebear Inc. (CART) Stock Outpacing Its Retail-Wholesale Peers This Year? Here is how Maplebear (CART) and Compagnie Financiere Richemont AG (CFRUY) have performed compared to their sector so far this year. zacks.com - 1 month ago
8. Profile Summary

Instacart (Maplebear Inc.) CART

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COUNTRY US
INDUSTRY Specialty Retail
MARKET CAP $ 11.9 B
Dividend Yield 0.00%
Description Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. The company connects the consumer with a personal shopper to shop and deliver a range of products, such as food, alcohol, consumer health, pet care, ready-made meals, and others. The company offers its services through a mobile application or website. The company was incorporated in 2012 and is based in San Francisco, California.
Contact 50 Beale St, San Francisco, CA, 94105 https://www.instacart.com
IPO Date Sept. 19, 2023
Employees 3265
Officers Ms. Laura Rachel Jones Chief Marketing Officer Ms. Christina Hall Chief People Officer Ms. Emily Maher Chief Financial Officer & Treasurer Mr. Anirban Kundu Chief Technology Officer Mr. Mike Dee Co-founder Ms. Fidji Simo President, Chief Executive Officer & Chairman Mr. Tom Maguire Vice President & Head of Operations Ms. Lisa Blackwood-Kapral Chief Accounting Officer & Principal Accounting Officer Rebecca Yoshiyama Vice President of Investor Relations Mr. Morgan William Fong General Counsel & Secretary