In Friday’s Wall Street session, Maplebear Inc (NASDAQ:CART) shares traded at $43.37, down -1.61% from the previous session.
CART stock price is now -0.24% away from the 50-day moving average and 0.96% away from the 200-day moving average. The market capitalization of the company currently stands at $11.31B.
With the price target of $44, FBN Securities recently initiated with Sector Perform rating for Maplebear Inc (NASDAQ: CART). On February 12, 2025, Seaport Research Partners recently initiated its ‘Buy’ rating on the stock quoting a target price of $62, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, KOPIT LEVIEN MEREDITH A., Director sold 4,225 shares of the company’s stock on Jun 05 ’25. The stock was sold for $200,477 at an average price of $47.45. Upon completion of the transaction, the Director now directly owns 20,829 shares in the company, valued at $0.9 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’25, Director KOPIT LEVIEN MEREDITH A. bought 4,225 shares of the business’s stock. A total of $200,477 was incurred on buying the stock at an average price of $47.45. A total of 22.81% of the company’s stock is owned by insiders.
During the past 12 months, Maplebear Inc has had a low of $29.84 and a high of $53.44. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 3.24, and a quick ratio of 3.24. According to the stock market information, the enterprise value for the company is $9888063488, which is based on a 28.49 price-to-earnings ratio, a 1.68 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for CART is $43.4738 and a two-hundred day moving average price translates $42.957226 for the stock.
The latest earnings results from Maplebear Inc (NASDAQ: CART) was released for 2025-03-31. The net profit margin was 12.33% and return on equity was 12.96% for CART. The company reported revenue of $897.0 million for the quarter, compared to $820.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.39 percent.
