Maplebear Inc. (CART)
POSITIVEPrice
$41.24
Market Cap
$9.69B
Fundamental
71
Technical
75
Composite
72
AI Analysis
Generated on demand using your Gemini API key
Gemini API key not configured
Add your Gemini API key in Settings to unlock AI analysis.
Overview
Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally. The company offers Instacart Marketplace which helps retailers serve customers' needs by supporting fulfillment options, shopping occasions, and categories; Instacart Enterprise platform, an end-to-end technology solution for retailers across all aspects of business; and Instacart Ads, enables brands to learn more about general consumer behavior from discovery to purchase, offering insights about how to optimize advertising spend. It also provides advertising solutions, including sponsored product ads, display ads, coupons, and brand pages; and software-as-a-service. The company's services can be provided through company's mobile application or website. Maplebear Inc., was incorporated in 2012 and is headquartered in San Francisco, California.
Balance Sheet & Liquidity
Revenue
$1.02B
Net Income
$144M
Free Cash Flow
$260M
Total Equity
$2.40B
Total Liabilities
$941M
Current Ratio
2.36
Interest Coverage
-
Debt/EBITDA
5.17
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Fair Value Estimation
Fairly ValuedFair Value
$44.79
Current Price
$41.24
Margin of Safety
+7.9%
Fair Value Range
$29.11 - $60.46
Estimation Methods
Valuation Metrics
P/E Ratio
69.91
ROE
6.0%
P/B Ratio
4.05
P/FCF
37.28
Gross Margin
72.4%
ROIC
5.4%
Value Creation (Economic Moat)
ROIC
5.4%
WACC
8.3%
ROIC − WACC
-2.9 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (19)
- EPS shows upward trend
- EPS CAGR 10.20%
- Price CAGR 20.67%
- ROIC 5.4%
- Gross Margin 72.4%
- Debt/Equity ratio
- Operating Margin 17.9%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 15.6%
- Revenue Growth 5Y 20.4%
- Analyst Consensus 60% Buy
- Earnings Quality (OCF/NI) 1.86
- Share Dilution -8.3%
- Net Margin Trend 14.1% vs 11.9%
Failed (6)
- P/FCF 37.28
- P/B Ratio 4.05
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -10.4%
- Piotroski F-Score 4/9
Unavailable (3)
- Dividend Payout NaN%
- Interest Coverage
- PEG Ratio (need PE > 0 and growth > 0)
Price Chart
Technical Indicators
RSI (14)
50.96
SMA 50
$41.09
SMA 200
$40.38
MACD
0.08
Volatility
2.7%
Momentum (12m)
-6.4%
RSI 51.0, SMA trend bullish, momentum -6.4%.
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Chris Rogers | Chairman, CEO & President | 46 |
| Ms. Emily Maher | CFO & Treasurer | - |
| Mr. Morgan William Fong | Chief Legal & Global Affairs Officer and Secretary | 48 |
| Mr. Mike Dee | Co-founder | - |
| Mr. Tom Maguire | VP & Head of Operations | - |
| Ms. Lisa Blackwood-Kapral | Chief Accounting Officer & Principal Accounting Officer | 57 |
| Mr. Anirban Kundu | Chief Technology Officer | - |
| Rebecca Yoshiyama | Vice President of Investor Relations | - |
| Ms. Laura Rachel Jones | Chief Marketing Officer | 43 |
| Ms. Christina Hall | Chief People Officer | - |
Audit Risk
4
Board Risk
7
Compensation Risk
10
Shareholder Rights Risk
8
Latest News
Recent headlines for CART, sourced from Markets Gazette.
- 3/9/2026NEGATIVEHedge Fund Incline Global Sold Its Entire Stake in Instacart Parent Maplebear Worth $15.5 Million. Is the Stock a Buy or Sell?
Hedge fund Incline Global has divested its entire stake in Maplebear Inc., the parent company of Instacart, valued at approximately $15.5 million. This significant sell-off by a major investor raises concerns about the fund's outlook on the company's future performance and growth prospects. Maplebear Inc. operates a platform connecting consumers with personal shoppers for on-demand grocery delivery. The decision by Incline Global to exit its position could signal a lack of confidence, potentially impacting investor sentiment and the stock's valuation.
- 3/7/2026POSITIVEGoodnow Investment Group Boosts Stake in Instacart as Brands Compete for Digital Shelf Space
Goodnow Investment Group has significantly increased its stake in Instacart, the prominent online grocery marketplace. This move signals strong conviction from a key investor, likely driven by the growing competition among consumer brands for prime digital shelf space within grocery applications. This competition directly fuels Instacart's advertising revenue, a critical component for its long-term profitability. Investors will be closely monitoring how effectively Instacart can leverage this advertising demand to enhance its financial performance and market position.
via Markets Gazette