Seaport Res Ptn Has Weak Estimate for Maplebear Q1 Earnings

Maplebear Inc. (NASDAQ:CART) – Equities research analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share (EPS) estimates for Maplebear in a research report issued to clients and investors on Tuesday, February 25th. Seaport Res Ptn analyst A. Kessler now forecasts that the company will post earnings per share of $0.35 for the quarter, down from their previous forecast of $0.40. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. 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 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $1.48 EPS and FY2026 earnings at $1.75 EPS.

Several other brokerages have also commented on CART. Stifel Nicolaus raised their price target on shares of Maplebear from $56.00 to $57.00 and gave the company a “buy” rating in a research note on Wednesday. Cantor Fitzgerald restated an “overweight” rating and issued a $55.00 price target on shares of Maplebear in a research note on Wednesday. JPMorgan Chase & Co. lowered their price objective on shares of Maplebear from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Wednesday. Piper Sandler raised their price objective on shares of Maplebear from $50.00 to $58.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Maplebear in a research note on Tuesday, December 3rd. They set a “hold” rating and a $37.00 price objective on the stock. Thirteen research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Maplebear has an average rating of “Moderate Buy” and an average target price of $49.80.

Maplebear Stock Down 12.3 %

Shares of NASDAQ CART opened at $42.80 on Thursday. The firm’s 50-day moving average price is $46.48 and its two-hundred day moving average price is $42.68. Maplebear has a 52-week low of $29.84 and a 52-week high of $53.44. The stock has a market capitalization of $11.00 billion, a P/E ratio of 28.72, a P/E/G ratio of 1.19 and a beta of 1.07.

Maplebear (NASDAQ:CART) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.37 by $0.16. Maplebear had a net margin of 13.37% and a return on equity of 13.78%. The business had revenue of $883.00 million for the quarter, compared to analysts’ expectations of $889.98 million.

Insider Activity at Maplebear

In related news, CEO Fidji Simo sold 20,750 shares of Maplebear stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $42.74, for a total value of $886,855.00. Following the transaction, the chief executive officer now owns 1,771,993 shares in the company, valued at $75,734,980.82. This trade represents a 1.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Alan Ramsay sold 2,314 shares of Maplebear stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $46.28, for a total transaction of $107,091.92. Following the completion of the transaction, the chief accounting officer now owns 85,421 shares in the company, valued at $3,953,283.88. This trade represents a 2.64 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,311 shares of company stock valued at $1,088,636. Insiders own 36.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Maplebear by 16.8% during the 4th quarter. Vanguard Group Inc. now owns 15,968,358 shares of the company’s stock valued at $661,409,000 after acquiring an additional 2,300,288 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Maplebear by 15.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,744,652 shares of the company’s stock valued at $196,524,000 after buying an additional 635,930 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Maplebear by 11,501.2% during the fourth quarter. Victory Capital Management Inc. now owns 4,526,673 shares of the company’s stock worth $187,495,000 after purchasing an additional 4,487,654 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of Maplebear during the third quarter worth approximately $158,701,000. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Maplebear by 85.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 3,081,847 shares of the company’s stock worth $127,650,000 after purchasing an additional 1,416,426 shares in the last quarter. Institutional investors own 63.09% of the company’s stock.

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.