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Maplebear - CART Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $47.14
  • Forecasted Upside: 12.18%
  • Number of Analysts: 26
  • Breakdown:
  • 0 Sell Ratings
  • 13 Hold Ratings
  • 13 Buy Ratings
  • 0 Strong Buy Ratings
$42.02 As of 12/20/2024 06:51 PM ET
▼ -0.05 (-0.12%)

This chart shows the closing price for CART by one month, three months, or twelve months.

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Analyst Price Target for CART

Analyst Price Target is $47.14
▲ +12.18% Upside Potential
This price target is based on 26 analysts offering 12 month price targets for Maplebear in the last 3 months. The average price target is $47.14, with a high forecast of $60.00 and a low forecast of $32.00. The average price target represents a 12.18% upside from the last price of $42.02.

This chart shows the closing price for CART for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 26 investment analysts is to moderate buy stock in Maplebear. This rating has held steady since September 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 14 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 14 buy ratings
  • 11 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 13 buy ratings
  • 12 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 13 buy ratings
  • 13 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 13 buy ratings
  • 13 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/9/2024Loop CapitalBoost TargetBuy ➝ Buy$49.00 ➝ $56.00
12/3/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$37.00
11/14/2024MacquarieBoost TargetOutperform ➝ Outperform$50.00 ➝ $52.00
11/13/2024Piper SandlerBoost TargetOverweight ➝ Overweight$50.00 ➝ $58.00
11/13/2024JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$42.00 ➝ $51.00
11/13/2024BarclaysBoost TargetOverweight ➝ Overweight$48.00 ➝ $56.00
11/13/2024OppenheimerBoost TargetOutperform ➝ Outperform$55.00 ➝ $60.00
11/13/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$47.00 ➝ $52.00
11/13/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$39.00 ➝ $48.00
11/13/2024Bank of AmericaBoost TargetNeutral ➝ Neutral$50.00 ➝ $51.00
11/13/2024Needham & Company LLCReiterated RatingHold
11/13/2024Robert W. BairdBoost TargetOutperform ➝ Outperform$44.00 ➝ $51.00
11/6/2024OppenheimerBoost TargetOutperform ➝ Outperform$48.00 ➝ $55.00
10/28/2024Stifel NicolausBoost TargetBuy ➝ Buy$52.00 ➝ $55.00
10/16/2024Jefferies Financial GroupInitiated CoverageHold$43.00
10/7/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$45.00 ➝ $45.00
9/30/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$45.00 ➝ $45.00
9/24/2024Bank of AmericaBoost TargetNeutral ➝ Neutral$41.00 ➝ $45.00
9/24/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$45.00 ➝ $41.00
9/24/2024Raymond JamesInitiated CoverageMarket Perform
9/23/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$45.00 ➝ $45.00
9/5/2024Cantor FitzgeraldInitiated CoverageOverweight$45.00
8/8/2024CitigroupBoost TargetBuy ➝ Buy$44.00 ➝ $47.00
8/8/2024MacquarieBoost TargetOutperform ➝ Outperform$44.00 ➝ $45.00
8/7/2024BenchmarkReiterated RatingHold
8/7/2024WedbushBoost TargetNeutral ➝ Neutral$35.00 ➝ $38.00
8/7/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$36.00 ➝ $39.00
8/7/2024Needham & Company LLCReiterated RatingHold
8/7/2024Piper SandlerBoost TargetOverweight ➝ Overweight$47.00 ➝ $50.00
7/26/2024MacquarieReiterated RatingOutperform ➝ Outperform$44.00 ➝ $44.00
7/23/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$43.00 ➝ $45.00
7/16/2024Wolfe ResearchInitiated CoveragePeer Perform
7/11/2024KeyCorpInitiated CoverageSector Weight
6/5/2024Gordon HaskettUpgradeHold ➝ Buy$37.00 ➝ $45.00
5/16/2024Loop CapitalBoost TargetBuy ➝ Buy$46.00 ➝ $49.00
5/9/2024CitigroupBoost TargetBuy ➝ Buy$42.00 ➝ $44.00
5/9/2024JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$35.00 ➝ $42.00
5/9/2024BarclaysBoost TargetOverweight ➝ Overweight$41.00 ➝ $43.00
5/9/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$26.00 ➝ $36.00
5/9/2024Stifel NicolausBoost TargetBuy ➝ Buy$44.00 ➝ $45.00
5/9/2024Piper SandlerReiterated RatingOverweight ➝ Overweight$45.00 ➝ $47.00
5/7/2024Needham & Company LLCReiterated RatingHold
5/7/2024BenchmarkReiterated RatingHold
5/6/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$28.00 ➝ $40.00
4/29/2024OppenheimerBoost TargetOutperform ➝ Outperform$36.00 ➝ $48.00
4/23/2024Needham & Company LLCReiterated RatingHold
4/19/2024Loop CapitalInitiated CoverageBuy$46.00
4/11/2024Moffett NathansonReiterated RatingNeutral ➝ Neutral$36.00 ➝ $37.00
4/1/2024Robert W. BairdBoost TargetOutperform ➝ Outperform$31.00 ➝ $44.00
4/1/2024Fox AdvisorsDowngradeOverweight ➝ Equal Weight
3/25/2024MacquarieInitiated CoverageOutperform$42.00
3/25/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$35.00 ➝ $45.00
3/15/2024Piper SandlerBoost TargetOverweight ➝ Overweight$36.00 ➝ $45.00
3/14/2024Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform$30.00 ➝ $43.00
3/5/2024Wolfe ResearchBoost TargetOutperform ➝ Outperform$35.00 ➝ $39.00
2/14/2024BarclaysBoost TargetOverweight ➝ Overweight$40.00 ➝ $41.00
1/30/2024Morgan StanleyInitiated CoverageEqual Weight$28.00
1/23/2024BenchmarkDowngradeBuy ➝ Hold
1/22/2024BenchmarkInitiated CoverageBuy$32.00
1/17/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$35.00
1/9/2024BMO Capital MarketsInitiated CoverageMarket Perform$26.00
12/27/2023WedbushLower TargetNeutral ➝ Neutral$30.00 ➝ $26.00
11/9/2023JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$33.00 ➝ $35.00
11/9/2023WedbushBoost TargetNeutral ➝ Neutral$28.00 ➝ $30.00
10/23/2023Moffett NathansonInitiated CoverageMarket Perform$30.00
10/16/2023Robert W. BairdInitiated CoverageOutperform$31.00
10/16/2023OppenheimerInitiated CoverageOutperform$36.00
10/16/2023Stifel NicolausInitiated CoverageBuy$48.00
10/16/2023Piper SandlerInitiated CoverageOverweight$36.00
10/16/2023WedbushInitiated CoverageNeutral$28.00
10/16/2023The Goldman Sachs GroupInitiated CoverageBuy$48.00
10/16/2023JMP SecuritiesInitiated CoverageOutperform$33.00
10/16/2023JPMorgan Chase & Co.Initiated CoverageOverweight$33.00
10/16/2023BarclaysInitiated CoverageOverweight$40.00
10/16/2023Bank of AmericaInitiated CoverageNeutral$30.00
10/16/2023CitigroupInitiated CoverageBuy$34.00
10/4/2023Sanford C. BernsteinInitiated CoverageMarket Perform$30.00
10/2/2023Gordon HaskettInitiated CoverageHold
9/24/2023Wolfe ResearchInitiated CoveragePeer Perform
9/22/2023BTIG ResearchInitiated CoverageNeutral
9/19/2023Needham & Company LLCInitiated CoverageHold
(Data available from 12/22/2019 forward)

News Sentiment Rating

1.34 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 23 very positive mentions
  • 31 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/26/2024
  • 12 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2024
  • 12 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2024
  • 21 very positive mentions
  • 28 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2024
  • 26 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2024
  • 22 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2024
  • 25 very positive mentions
  • 31 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
11/22/2024
  • 38 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/22/2024

Current Sentiment

  • 38 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Maplebear logo
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. The company was incorporated in 2012 and is based in San Francisco, California.
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Today's Range

Now: $42.02
Low: $41.62
High: $42.73

50 Day Range

MA: $43.70
Low: $40.91
High: $48.66

52 Week Range

Now: $42.02
Low: $22.13
High: $50.01

Volume

4,655,687 shs

Average Volume

4,008,701 shs

Market Capitalization

$10.79 billion

P/E Ratio

28.20

Dividend Yield

N/A

Beta

0.94

Frequently Asked Questions

What sell-side analysts currently cover shares of Maplebear?

The following Wall Street sell-side analysts have issued reports on Maplebear in the last twelve months: Bank of America Co., Barclays PLC, Benchmark Co., BMO Capital Markets, Cantor Fitzgerald, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Fox Advisors, Gordon Haskett, Jefferies Financial Group Inc., JMP Securities, JPMorgan Chase & Co., KeyCorp, Loop Capital, Macquarie, Moffett Nathanson, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Piper Sandler, Raymond James, Robert W. Baird, Sanford C. Bernstein, Stifel Nicolaus, Wedbush, and Wolfe Research.
View the latest analyst ratings for CART.

What is the current price target for Maplebear?

0 Wall Street analysts have set twelve-month price targets for Maplebear in the last year. Their average twelve-month price target is $47.14, suggesting a possible upside of 12.2%. Oppenheimer Holdings Inc. has the highest price target set, predicting CART will reach $60.00 in the next twelve months. Benchmark Co. has the lowest price target set, forecasting a price of $32.00 for Maplebear in the next year.
View the latest price targets for CART.

What is the current consensus analyst rating for Maplebear?

Maplebear currently has 13 hold ratings and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CART.

What other companies compete with Maplebear?

Other companies that are similar to Maplebear include IQVIA, Reddit, CGI, Corpay and Joint Stock Company Kaspi.kz. Learn More about companies similar to Maplebear.

How do I contact Maplebear's investor relations team?

Maplebear's physical mailing address is 50 Beale St, Suite 600, San Francisco, CA 94105, United States. The company's listed phone number is 888-246-7822 and its investor relations email address is [email protected]. The official website for Maplebear is www.instacart.com. Learn More about contacing Maplebear investor relations.