What is KeyCorp’s Estimate for Maplebear Q3 Earnings?

Maplebear Inc. (NASDAQ:CART) – Investment analysts at KeyCorp issued their Q3 2026 earnings per share estimates for Maplebear in a report released on Friday, September 4th. KeyCorp analyst J. Patterson expects that the company will earn $0.60 per share for the quarter. The consensus estimate for Maplebear’s current full-year earnings is $2.33 per share. KeyCorp also issued estimates for Maplebear’s Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.41 EPS and FY2027 earnings at $2.69 EPS.

Other research analysts also recently issued research reports about the stock. Guggenheim boosted their price target on shares of Maplebear from $44.00 to $46.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Citigroup increased their price objective on shares of Maplebear from $50.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Needham & Company LLC lifted their target price on shares of Maplebear from $55.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Wedbush started coverage on shares of Maplebear in a report on Thursday, July 16th. They issued an “outperform” rating and a $59.00 target price on the stock. Finally, BNP Paribas Exane raised shares of Maplebear from an “underperform” rating to a “neutral” rating and set a $56.00 price target on the stock in a research report on Friday, August 7th. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $56.14.

Maplebear Price Performance

Shares of CART stock opened at $47.24 on Friday. The stock has a market capitalization of $10.94 billion, a PE ratio of 25.81, a PEG ratio of 0.91 and a beta of 0.80. The business’s 50 day simple moving average is $47.98 and its 200 day simple moving average is $43.16. Maplebear has a one year low of $32.73 and a one year high of $52.68.

Maplebear (NASDAQ:CART) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.09). The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. Maplebear had a return on equity of 20.19% and a net margin of 11.97%.Maplebear’s revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 earnings per share.

Institutional Investors Weigh In On Maplebear

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Maplebear in the second quarter valued at $750,477,000. California State Teachers Retirement System raised its holdings in shares of Maplebear by 4,490.8% during the second quarter. California State Teachers Retirement System now owns 9,115,159 shares of the company’s stock valued at $431,603,000 after purchasing an additional 8,916,607 shares during the period. Viking Global Investors LP bought a new position in shares of Maplebear during the 2nd quarter worth about $169,782,000. Marshall Wace LLP bought a new position in shares of Maplebear during the 4th quarter worth about $126,206,000. Finally, Norges Bank acquired a new stake in shares of Maplebear in the 4th quarter valued at about $97,221,000. 63.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Morgan Fong sold 18,390 shares of Maplebear stock in a transaction on Monday, August 24th. The shares were sold at an average price of $49.96, for a total value of $918,764.40. Following the completion of the sale, the insider owned 529,911 shares in the company, valued at $26,474,353.56. The trade was a 3.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ravi Gupta sold 150,000 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $50.61, for a total transaction of $7,591,500.00. Following the transaction, the director owned 591,523 shares in the company, valued at $29,936,979.03. The trade was a 20.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 24.00% of the stock is currently owned by corporate insiders.

Maplebear Company Profile

Maplebear Inc, doing business as Instacart, operates an online grocery marketplace that connects consumers with retailers and personal shoppers. Through its website and mobile applications, customers can browse products from participating grocery stores, place orders for delivery or pickup, and receive updates throughout the shopping and fulfillment process.

The company provides retailers with technology and services supporting e-commerce, fulfillment, customer engagement and digital advertising.