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

41.90

Mkt cap

11B

Volume

2.4M

High

42.05

P/E Ratio

3.96

52-wk high

50.01

Low

41.16

Div yield

N/A

52-wk low

22.13

The article compares the performance of Maplebear Inc. (CART) and Brinker International (EAT) against their sector in the retail-wholesale industry for the current year.

Portfolio Pulse from

December 11, 2024 | 4:00 pm

CaringBridge and Instacart have announced a partnership to facilitate community-led access to groceries and household essentials for family caregivers and their loved ones. This collaboration aims to enhance support for those in need through Instacart's grocery technology platform.

Portfolio Pulse from

December 10, 2024 | 3:30 pm

Deutsche Bank's Lee Horowitz maintains a hold rating on Instacart, citing challenges in competition and third-party premiums, despite the company's shares experiencing a surge this year.

Portfolio Pulse from

December 03, 2024 | 9:00 pm

Instacart's CFO, Emily Reuter, will participate in a fireside chat at the Nasdaq 51st London Investor Conference on December 10, 2024. The event will be webcasted on Instacart's Investor Relations website.

Portfolio Pulse from

December 03, 2024 | 2:30 pm

The article compares the performance of Maplebear Inc. (CART) and Brinker International (EAT) against their sector in the retail-wholesale industry for the current year.

Portfolio Pulse from

November 25, 2024 | 4:00 pm

Instacart has launched a new SNAP eligibility screener to help consumers determine their eligibility for SNAP benefits quickly and anonymously. This tool aims to reduce barriers to access and expand SNAP resources on Instacart's platform.

Portfolio Pulse from

November 21, 2024 | 12:15 pm

Instacart, known as Maplebear Inc. (NASDAQ: CART), is the world's largest online grocery marketplace, with a network of over 80,000 stores. It has evolved beyond being just a food delivery app, similar to DoorDash (NASDAQ: DASH) and Uber Eats (owned by Uber Technologies Inc., NYSE: UBER).

Portfolio Pulse from

November 19, 2024 | 12:45 pm

Instacart's Q3 results exceeded expectations with significant growth in GTV and adjusted EBITDA. Despite a post-earnings dip, the company's strong fundamentals and conservative Q4 guidance suggest potential for future outperformance.

Portfolio Pulse from

November 14, 2024 | 4:15 am

Instacart's parent company, Maplebear (CART), saw its stock decline after issuing a soft Q4 outlook. The company cited an internet outage affecting one of its partners as a contributing factor.

Portfolio Pulse from

November 13, 2024 | 5:15 pm

Instacart has rolled out its AI-powered Caper Carts to all Geissler's Supermarkets locations in Connecticut and Massachusetts. Geissler's is the first grocer to replace most of its traditional carts with these smart carts.

Portfolio Pulse from

November 13, 2024 | 2:15 pm

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