Cantor Fitzgerald Weighs in on Maplebear FY2026 Earnings

Maplebear Inc. (NASDAQ:CART) – Analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for Maplebear in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan anticipates that the company will earn $1.80 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $55.00 target price on the stock. The consensus estimate for Maplebear’s current full-year earnings is $1.43 per share.

A number of other research firms also recently weighed in on CART. FBN Securities began coverage on shares of Maplebear in a research report on Friday, March 28th. They set a “sector perform” rating and a $44.00 price target for the company. Wedbush decreased their price target on Maplebear from $48.00 to $46.00 and set a “neutral” rating for the company in a research note on Wednesday, February 26th. Morgan Stanley upped their price objective on Maplebear from $44.00 to $45.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 26th. Citigroup raised their price objective on Maplebear from $55.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, May 13th. Finally, Loop Capital boosted their price objective on shares of Maplebear from $52.00 to $58.00 and gave the company a “buy” rating in a research report on Monday, May 19th. Thirteen research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.91.

Maplebear Trading Up 0.5%

Shares of CART stock opened at $45.92 on Tuesday. The firm has a fifty day simple moving average of $43.28 and a 200-day simple moving average of $43.72. Maplebear has a twelve month low of $29.84 and a twelve month high of $53.44. The company has a market capitalization of $12.05 billion, a PE ratio of 30.82, a price-to-earnings-growth ratio of 1.19 and a beta of 1.30.

Maplebear (NASDAQ:CART) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.86 million. Maplebear had a net margin of 13.37% and a return on equity of 13.78%. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the business earned $0.43 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CART. Anderson Financial Strategies LLC boosted its stake in Maplebear by 55.8% in the 1st quarter. Anderson Financial Strategies LLC now owns 1,745 shares of the company’s stock worth $70,000 after purchasing an additional 625 shares during the period. Strs Ohio acquired a new stake in shares of Maplebear in the first quarter worth $1,246,000. McAdam LLC purchased a new position in shares of Maplebear during the first quarter valued at $235,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Maplebear by 60.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,120,740 shares of the company’s stock valued at $44,706,000 after buying an additional 421,621 shares during the period. Finally, Empowered Funds LLC acquired a new position in Maplebear during the first quarter valued at $268,000. 63.09% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Levien Meredith A. Kopit sold 4,225 shares of Maplebear stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $47.45, for a total value of $200,476.25. Following the transaction, the director now owns 20,829 shares of the company’s stock, valued at $988,336.05. The trade was a 16.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, General Counsel Morgan Fong sold 5,249 shares of the stock in a transaction on Monday, April 21st. The shares were sold at an average price of $42.57, for a total value of $223,449.93. Following the sale, the general counsel now owns 484,292 shares of the company’s stock, valued at $20,616,310.44. This trade represents a 1.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,640 shares of company stock worth $843,579 over the last ninety days. Company insiders own 26.00% 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.