Maplebear (CART) to Release Quarterly Earnings on Thursday

Maplebear (NASDAQ:CART) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Maplebear to post earnings of $0.39 per share and revenue of $896.55 million for the quarter.

Maplebear (NASDAQ:CART) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $897.00 million during the quarter, compared to analyst estimates of $896.86 million. Maplebear had a net margin of 12.45% and a return on equity of 14.12%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 EPS. On average, analysts expect Maplebear to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Maplebear Trading Up 0.2%

Shares of CART stock opened at $46.86 on Thursday. The stock has a market cap of $12.30 billion, a price-to-earnings ratio of 30.83, a PEG ratio of 1.81 and a beta of 1.21. The stock has a 50-day moving average of $46.43 and a 200-day moving average of $44.56. Maplebear has a 1-year low of $29.84 and a 1-year high of $53.44.

Insiders Place Their Bets

In other Maplebear news, General Counsel Morgan Fong sold 4,680 shares of the stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $49.16, for a total value of $230,068.80. Following the transaction, the general counsel owned 452,000 shares in the company, valued at approximately $22,220,320. This represents a 1.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Daniel Danker sold 10,037 shares of the stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $48.82, for a total value of $490,006.34. Following the completion of the transaction, the insider owned 470,190 shares in the company, valued at approximately $22,954,675.80. The trade was a 2.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,975,327 shares of company stock valued at $237,736,848. 26.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in shares of Maplebear by 71.6% in the first quarter. NewEdge Advisors LLC now owns 1,673 shares of the company’s stock valued at $67,000 after purchasing an additional 698 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Maplebear by 358.5% in the first quarter. Jones Financial Companies Lllp now owns 3,200 shares of the company’s stock valued at $128,000 after purchasing an additional 2,502 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Maplebear in the first quarter valued at approximately $268,000. Royal Bank of Canada lifted its holdings in shares of Maplebear by 51.2% in the first quarter. Royal Bank of Canada now owns 131,789 shares of the company’s stock valued at $5,256,000 after purchasing an additional 44,642 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Maplebear by 17.4% in the first quarter. Goldman Sachs Group Inc. now owns 390,711 shares of the company’s stock valued at $15,585,000 after purchasing an additional 57,879 shares in the last quarter. Institutional investors own 63.09% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein increased their price target on Maplebear from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Macquarie reissued an “outperform” rating and issued a $55.00 price target on shares of Maplebear in a research note on Tuesday, May 6th. Stifel Nicolaus raised their target price on Maplebear from $54.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday. Citigroup raised their target price on Maplebear from $55.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, May 13th. Finally, Jefferies Financial Group raised their target price on Maplebear from $48.00 to $50.00 and gave the stock a “hold” rating in a research note on Tuesday, May 27th. Eleven investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $52.35.

About Maplebear

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.