Analysts’ Weekly Ratings Changes for Maplebear (CART)

Several brokerages have updated their recommendations and price targets on shares of Maplebear (NASDAQ: CART) in the last few weeks:

• 11/2/2026 – Maplebear had its price target raised by Citigroup from $58.00 to $65.00. They now have a “buy” rating on the stock.
• 10/30/2026 – Maplebear was downgraded by Wedbush from “outperform” to “hold”. They now have a $65.00 price target on the stock, up from $63.00.
• 10/30/2026 – Maplebear was downgraded by Jefferies Financial Group from “strong-buy” to “hold”.
• 10/30/2026 – Maplebear was downgraded by Sanford C. Bernstein from “outperform” to “hold”. They now have a $65.00 price target on the stock, up from $60.00.
• 10/30/2026 – Maplebear was downgraded by Citizens Jmp from “market outperform” to “hold”.
• 10/30/2026 – Maplebear was downgraded by Barclays from “overweight” to “equal weight”. They now have a $65.00 price target on the stock, down from $77.00.
• 10/30/2026 – Maplebear was downgraded by Needham & Company LLC from “buy” to “hold”.
• 10/30/2026 – Maplebear was downgraded by Cantor Fitzgerald from “overweight” to “hold”. They now have a $65.00 price target on the stock, up from $63.00.
• 10/29/2026 – Maplebear was downgraded by Raymond James Financial from “moderate buy” to “hold”.
• 10/26/2026 – Maplebear had its price target raised by Citizens Jmp from $60.00 to $65.00. They now have a “market outperform” rating on the stock.
• 10/15/2026 – Maplebear was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/5/2026 – Maplebear had its price target raised by Wells Fargo & Company from $54.00 to $56.00. They now have an “equal weight” rating on the stock.

Maplebear Stock Up 2.0%

Maplebear stock opened at $57.59 on Tuesday. Maplebear Inc. has a 52 week low of $32.73 and a 52 week high of $62.00. The company has a market capitalization of $13.33 billion, a price-to-earnings ratio of 29.99, a price-to-earnings-growth ratio of 1.15 and a beta of 0.87. The stock has a 50-day moving average price of $49.20 and a 200 day moving average price of $43.39.

Maplebear (NASDAQ:CART) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.03). Maplebear had a return on equity of 20.19% and a net margin of 11.97%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the business posted $0.42 earnings per share. Maplebear’s revenue for the quarter was up 16.6% on a year-over-year basis. Research analysts anticipate that Maplebear Inc. will post 2.29 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Emily Reuter sold 50,000 shares of the stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $55.00, for a total transaction of $2,750,000.00. Following the sale, the chief financial officer directly owned 599,337 shares of the company’s stock, valued at $32,963,535. This represents a 7.70% 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 Maplebear 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 completion of the sale, the director directly owned 591,523 shares in the company, valued at $29,936,979.03. This represents a 20.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 309,928 shares of company stock valued at $16,121,073 in the last ninety days. Company insiders own 24.00% of the company’s stock.

Maplebear Inc, doing business as Instacart, operates a technology-enabled grocery marketplace that connects consumers with retailers and personal shoppers. Through its website and mobile applications, customers can order groceries and other household products for delivery or pickup from participating supermarkets, specialty food stores, convenience retailers and other merchants.

The company also provides retailers with e-commerce, fulfillment and advertising solutions. Its platform supports online storefronts, order management, delivery logistics, customer engagement and data-driven marketing, allowing retail partners to offer digital shopping services and reach consumers through Instacart’s marketplace.

Founded in 2012, Maplebear serves customers across the United States and Canada.