Research Analysts Set Expectations for Maplebear Q1 Earnings

Maplebear Inc. (NASDAQ:CART) – Investment analysts at Seaport Res Ptn issued their Q1 2026 earnings per share (EPS) estimates for shares of Maplebear in a note issued to investors on Monday, November 10th. Seaport Res Ptn analyst A. Kessler expects that the company will earn $0.51 per share for the quarter. The consensus estimate for Maplebear’s current full-year earnings is $1.43 per share. Seaport Res Ptn also issued estimates for Maplebear’s Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.59 EPS and FY2027 earnings at $2.49 EPS.

Maplebear (NASDAQ:CART) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. Maplebear had a return on equity of 15.72% and a net margin of 14.09%.The business had revenue of $939.00 million for the quarter, compared to analyst estimates of $933.76 million. During the same period in the previous year, the company posted $0.42 earnings per share. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis.

CART has been the subject of several other research reports. Jefferies Financial Group dropped their price target on shares of Maplebear from $55.00 to $43.00 and set a “hold” rating for the company in a research report on Friday, October 17th. Mizuho started coverage on shares of Maplebear in a research report on Tuesday, September 30th. They set a “neutral” rating and a $45.00 price target on the stock. Barclays lifted their target price on Maplebear from $61.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Bank of America lifted their price target on shares of Maplebear from $53.00 to $58.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Finally, Guggenheim assumed coverage on Maplebear in a report on Wednesday, October 15th. They issued a “neutral” rating and a $40.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $51.40.

Maplebear Stock Performance

Shares of CART opened at $40.33 on Wednesday. The company has a 50-day simple moving average of $40.23 and a 200-day simple moving average of $43.88. The firm has a market capitalization of $10.59 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.29 and a beta of 1.10. Maplebear has a 52 week low of $34.78 and a 52 week high of $53.50.

Insider Activity

In other Maplebear news, General Counsel Morgan Fong sold 3,546 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $38.85, for a total transaction of $137,762.10. Following the transaction, the general counsel owned 427,523 shares of the company’s stock, valued at $16,609,268.55. The trade was a 0.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Fidji Simo sold 1,014 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $40.00, for a total value of $40,560.00. Following the transaction, the director directly owned 569,742 shares in the company, valued at $22,789,680. The trade was a 0.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 27,556 shares of company stock valued at $1,179,482. 26.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Securian Asset Management Inc. increased its holdings in Maplebear by 2.1% in the 2nd quarter. Securian Asset Management Inc. now owns 12,509 shares of the company’s stock worth $566,000 after acquiring an additional 252 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Maplebear by 9.6% during the second quarter. Smartleaf Asset Management LLC now owns 2,978 shares of the company’s stock worth $134,000 after purchasing an additional 261 shares during the period. Rafferty Asset Management LLC increased its stake in shares of Maplebear by 2.5% in the second quarter. Rafferty Asset Management LLC now owns 11,000 shares of the company’s stock worth $498,000 after purchasing an additional 273 shares in the last quarter. CWM LLC raised its position in shares of Maplebear by 35.1% in the first quarter. CWM LLC now owns 1,058 shares of the company’s stock valued at $42,000 after purchasing an additional 275 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of Maplebear by 27.1% during the 1st quarter. Signaturefd LLC now owns 1,335 shares of the company’s stock valued at $53,000 after buying an additional 285 shares in the last quarter. Institutional investors and hedge funds own 63.09% of the company’s stock.

Maplebear Company Profile

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.