Barclays Issues Positive Forecast for Maplebear (NASDAQ:CART) Stock Price

Maplebear (NASDAQ:CART) had its target price upped by analysts at Barclays from $65.00 to $69.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price target indicates a potential upside of 79.82% from the company’s current price.

Several other analysts have also commented on the company. Jefferies Financial Group raised Maplebear from a “hold” rating to a “buy” rating and boosted their price target for the company from $38.00 to $45.00 in a research note on Monday, March 30th. Wells Fargo & Company boosted their price target on Maplebear from $45.00 to $47.00 and gave the company an “equal weight” rating in a research note on Thursday. Wall Street Zen lowered Maplebear from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Argus raised Maplebear to a “strong-buy” rating in a research note on Thursday, March 5th. Finally, Cantor Fitzgerald boosted their price target on Maplebear from $45.00 to $54.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Maplebear presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.39.

Maplebear Trading Down 4.5%

CART traded down $1.79 during midday trading on Thursday, reaching $38.37. The company’s stock had a trading volume of 2,576,763 shares, compared to its average volume of 4,735,704. The stock has a market cap of $9.08 billion, a P/E ratio of 24.10, a PEG ratio of 0.67 and a beta of 0.96. The company has a fifty day simple moving average of $39.22 and a 200 day simple moving average of $39.90. Maplebear has a twelve month low of $32.73 and a twelve month high of $53.50.

Maplebear (NASDAQ:CART) last released its earnings results on Wednesday, May 6th. The company reported $0.57 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.57. Maplebear had a return on equity of 16.28% and a net margin of 11.89%.The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the firm posted $0.37 EPS. The company’s revenue was up 13.6% on a year-over-year basis. Sell-side analysts expect that Maplebear will post 2.4 earnings per share for the current year.

Insider Buying and Selling at Maplebear

In other Maplebear news, CAO Lisa Blackwood-Kapral sold 9,390 shares of Maplebear stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $40.25, for a total value of $377,947.50. Following the completion of the transaction, the chief accounting officer owned 58,971 shares in the company, valued at approximately $2,373,582.75. The trade was a 13.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Morgan Fong sold 126,083 shares of Maplebear stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $37.09, for a total value of $4,676,418.47. Following the completion of the transaction, the general counsel owned 386,643 shares of the company’s stock, valued at approximately $14,340,588.87. The trade was a 24.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 144,863 shares of company stock valued at $5,418,135. Corporate insiders own 24.00% of the company’s stock.

Institutional Investors Weigh In On Maplebear

A number of institutional investors and hedge funds have recently made changes to their positions in CART. Pinnacle Bancorp Inc. bought a new stake in shares of Maplebear during the first quarter worth $25,000. PenderFund Capital Management Ltd. bought a new stake in shares of Maplebear during the fourth quarter worth $27,000. Hantz Financial Services Inc. raised its position in shares of Maplebear by 78.6% during the third quarter. Hantz Financial Services Inc. now owns 884 shares of the company’s stock worth $32,000 after acquiring an additional 389 shares during the last quarter. Allworth Financial LP raised its position in shares of Maplebear by 35.7% during the third quarter. Allworth Financial LP now owns 928 shares of the company’s stock worth $34,000 after acquiring an additional 244 shares during the last quarter. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Maplebear during the third quarter worth $43,000. Institutional investors own 63.09% of the company’s stock.

Maplebear News Summary

Here are the key news stories impacting Maplebear this week:

• Positive Sentiment: Needham reaffirmed a “buy” rating and set a $55 price target (~42% upside vs. current levels), giving a visible analyst catalyst that could support the stock if sentiment improves. Needham Reaffirm Buy
• Positive Sentiment: Company reported Q1 revenue of ~$1.02B (up 13.6% YoY) and EPS of $0.57, roughly meeting consensus; management highlighted strong demand and raised near‑term GTV expectations, which supports growth and margin outlook. Press Release / Slide Deck
• Positive Sentiment: Instacart highlighted continued GTV and revenue growth (GTV +13% YoY; >$10B milestone) and guided Q2 GTV above Street expectations — a demand beat that can underpin forward estimates. Q1 Results PR
• Positive Sentiment: Maplebear secured a $500M unsecured revolving credit facility, boosting liquidity and optionality for growth or buybacks — a balance‑sheet positive. Revolving Credit Facility
• Neutral Sentiment: Earnings call transcript provides management color on execution and product road map — useful for investors digging into metric details and guide assumptions. Earnings Call Transcript
• Neutral Sentiment: Coverage piece reviewing Maplebear alongside peers may influence sentiment but contains no new company‑specific disclosures. Peer Review
• Positive Sentiment: Product/AI development: Instacart is commercializing its decade of grocery data into a “personal shopper” AI (meal planning, basket building, forget detection) that could boost order value and retention over time. AI Personal Shopper
• Negative Sentiment: Zacks flagged a $0.01 EPS miss versus its consensus ($0.57 vs $0.58), which can be used by short‑term traders as a reason to sell into the print despite overall revenue strength. Zacks EPS Note

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.