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Consumer Cyclical - Specialty Retail - NASDAQ - US
$ 49.12
1.53 %
$ 12.8 B
Market Cap
32.31
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one CART stock under the worst case scenario is HIDDEN Compared to the current market price of 49.1 USD, Instacart (Maplebear Inc.) is HIDDEN

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one CART stock under the base case scenario is HIDDEN Compared to the current market price of 49.1 USD, Instacart (Maplebear Inc.) is HIDDEN

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one CART stock under the best case scenario is HIDDEN Compared to the current market price of 49.1 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$36.0Feb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 Jul
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 $49.1 , with forecasts ranging from a low of $38 to a high of $60 .
CART Lowest Price Target Wall Street Target
38 USD -22.64%
CART Average Price Target Wall Street Target
49.1 USD -0.03%
CART Highest Price Target Wall Street Target
60 USD 22.15%
Price
Max Price Target
Min Price Target
Average Price Target
6060555550504545404035353030Sep '24Sep '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Instacart (Maplebear Inc.)
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Sold
0-3 MONTHS
3.99 M USD 4
3-6 MONTHS
3.28 M USD 3
6-9 MONTHS
4.4 M USD 3
9-12 MONTHS
5.49 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
Pinterest Stock Gains Traction With Instacart Deal, Multiple Analyst Upgrades Pinterest, Inc. PINS has attracted a wave of bullish calls from Wall Street over the past month, as several analysts raised their price forecasts and reiterated optimistic outlooks. benzinga.com - 6 days ago
Instacart CEO to Participate in Fireside Chat Hosted by Goldman Sachs SAN FRANCISCO , July 17, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Chris Rogers, current Chief Business Officer and incoming CEO, effective August 15, will participate in a fireside chat at the Goldman Sachs Communacopia & Technology Conference on Wednesday, September 10, 2025 at 10:10 a.m. PT. An audio webcast of the event will be available on Instacart's Investor Relations website at https://investors.instacart.com/. prnewswire.com - 1 week ago
Instacart to Report Second Quarter 2025 Financial Results on August 7, 2025 SAN FRANCISCO , July 17, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its second quarter 2025 financial results after market close on Thursday, August 7, 2025. The company's second quarter 2025 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com. prnewswire.com - 1 week ago
Maplebear: Quiet Profitability In The Delivery Wars Instacart, also known as Maplebear, offers a compelling mix of profitability, strong margins, and a rock-solid, near debt-free balance sheet, distinguishing itself from its gig economy peers. The company's core grocery delivery focus, fast-growing ad business, and reasonable valuation create an attractive risk-reward profile for disciplined, long-term investors. Risks include potential retailer competition and economic downturns. But Instacart's asset-light model and cash reserves provide resilience. seekingalpha.com - 2 weeks ago
Instacart and Wegmans Launch Pilot of Caper Carts to Enhance the In-Store Shopping Experience Smart carts are now available at Wegmans Dewitt in Syracuse, offering AI-powered convenience, real-time savings, and seamless checkout SAN FRANCISCO , July 1, 2025 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced the launch of Caper Carts – Instacart's AI-powered smart carts – at Wegmans Dewitt in Syracuse, New York. This marks the first deployment of Caper Carts at Wegmans, as part of an initial in-store program offering customers a smarter, more seamless way to shop in-store. prnewswire.com - 3 weeks ago
Are Retail-Wholesale Stocks Lagging Maplebear Inc. (CART) This Year? Here is how Maplebear (CART) and Prosus N.V. Sponsored ADR (PROSY) have performed compared to their sector so far this year. zacks.com - 1 month ago
Costco and Kroger Tap Instacart to Offer Faster Delivery Instacart says it is introducing new delivery options for some of the country's biggest grocers. [contact-form-7] The delivery company announced Wednesday (June 18) new fulfillment options for retailers such as Costco, Kroger, Harmons and Woodman's. pymnts.com - 1 month ago
Chase Freedom® Energizes Summer Fun with Q3 2025 Cash Back Categories: Instacart, Select Live Entertainment, Gas Stations, EV Charging WILMINGTON, Del.--(BUSINESS WIRE)--This summer, Chase Freedom® is offering a lineup of 5% cash back categories that fuel fun. Whether attending a favorite artist's live performance, embarking on a road trip with friends or restocking essentials, Chase Freedom and Freedom Flex cardmembers have the opportunity to earn 5% cash back. “We've been listening to our cardmembers about what they value most and love to do,” said Wittney Rachlin, General Manager of Chase Freedom. “If it's making memories a. businesswire.com - 1 month ago
Instacart and Pinterest to Launch New Retail Media Collaboration New capability leverages first-party data and will make Pinterest ads directly shoppable via Instacart SAN FRANCISCO and CANNES, France , June 16, 2025 /PRNewswire/ -- Instacart (Nasdaq: CART) and Pinterest (NYSE: PINS) are enhancing brands' Pinterest campaigns by providing high-intent audiences powered by Instacart data. The new collaboration aims to connect Pinterest users with the products they love, in the exact moment they're planning to use them, whether they're meal-prepping for the week, planning a backyard movie night, or redecorating an office. prnewswire.com - 1 month ago
Costco Executive Members Now Get Monthly Credit for Same-Day Delivery with Instacart Starting June 30, Costco Executive Members in the US and Canada will receive a $10 monthly credit towards a delivery order on sameday.costco.com, sameday.costco.ca, or Costco via Instacart SAN FRANCISCO , June 11, 2025 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced a new perk to enhance the value of Costco's Executive Membership. Starting June 30, Executive Members in the US and Canada will receive a $10 monthly credit toward sameday.costco .com , sameday.costco.ca , or Costco via Instacart available on an order of $150 or more. prnewswire.com - 1 month ago
TTD, CART Deepen Alliance to Transform Retail Media on Open Internet The Trade Desk strengthens its Instacart partnership, unlocking real-time sales data and agile targeting for CPG advertisers on the open Internet. zacks.com - 1 month ago
Instacart: Growth At A Reasonable Price Instacart offers growth at a reasonable price, expanding beyond groceries into retail and restaurants, with strong margin expansion and resilient macro performance. AI-powered recommendations and broader retailer partnerships drive higher basket sizes and appeal to budget-conscious consumers, supporting long-term growth. Instacart trades at an attractive seekingalpha.com - 1 month ago
8. Profile Summary

Instacart (Maplebear Inc.) CART

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COUNTRY US
INDUSTRY Specialty Retail
MARKET CAP $ 12.8 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