Streetbeat News

CART

Instacart (Maplebear Inc.)

https://www.instacart.com

Industry

Specialty Retail

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.

Open

52.50

Mkt cap

13B

Volume

4.3M

High

53.20

P/E Ratio

4.96

52-wk high

53.44

Low

51.58

Div yield

N/A

52-wk low

29.72

Instacart's CFO, Emily Reuter, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025.

Portfolio Pulse from

February 18, 2025 | 2:30 pm

Maplebear (CART) has a strong track record of surpassing earnings expectations and is well-positioned to potentially beat estimates in its upcoming quarterly report.

Portfolio Pulse from

February 17, 2025 | 6:30 pm

Instacart has launched its AI-powered Caper Carts at Coles Supermarkets in Australia, marking the first deployment in the Asia Pacific region. This innovation aims to enhance the shopping experience by allowing customers to shop, bag, and pay directly on the trolley.

Portfolio Pulse from

February 10, 2025 | 4:15 pm

Instacart is making a splash in Philadelphia by delivering groceries in the Oscar Mayer Wienermobile, featuring mascots like Green Giant and Cheetos Chester Cheetah. This event coincides with Instacart's first Super Bowl commercial, creating a unique marketing experience.

Portfolio Pulse from

February 08, 2025 | 11:15 am

Instacart (NASDAQ: CART) is launching its first-ever Super Bowl ad, featuring iconic grocery brand mascots. The ad will air during the second quarter of the Super Bowl on February 9, 2025, highlighting Instacart's grocery delivery service.

Portfolio Pulse from

January 30, 2025 | 2:15 pm

Instacart has been upgraded to 'Outperform' with a long-term buy rating, expected to reach a target price of $53 per share by 2025, potentially hitting $60. The company's growth is fueled by strong revenue, data-driven expansion, and strategic partnerships.

Portfolio Pulse from

January 29, 2025 | 12:00 pm

The article compares JD.com, Inc. (JD) and Maplebear (CART) to determine which stock offers a better value opportunity in the Internet - Commerce sector.

Portfolio Pulse from

January 22, 2025 | 6:00 pm

Maplebear (CART) is expected to surpass earnings estimates in its upcoming quarterly report due to its strong history of earnings surprises and favorable conditions.

Portfolio Pulse from

January 15, 2025 | 6:30 pm

Instacart has partnered with DUMAC and TRUNO to expand the adoption of its AI-powered Caper Carts across North America. These partnerships will enable seamless integration of smart carts into grocery stores, enhancing the shopping experience.

Portfolio Pulse from

January 13, 2025 | 2:15 pm

Instacart's stock price increased following the announcement that it will be added to the S&P MidCap 400 index.

Portfolio Pulse from

January 08, 2025 | 4:15 pm

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