Maplebear (NASDAQ:CART) Stock Bumped Down to “Hold” by Cantor Fitzgerald

Posted by Brenda Bartman on Oct 30th, 2026

Maplebear (NASDAQ:CART – Get Free Report) was downgraded by equities researchers at Cantor Fitzgerald from an “overweight” rating to a “hold” rating in a report released on Friday, MarketBeat reports. They currently have a $65.00 target price on the stock, up from their prior target price of $63.00. Cantor Fitzgerald‘s price objective suggests a potential upside of 15.15% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Weiss Ratings raised shares of Maplebear from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 15th. JPMorgan Chase & Co. lifted their target price on shares of Maplebear from $55.00 to $62.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. BNP Paribas Exane upgraded shares of Maplebear from an “underperform” rating to a “neutral” rating and set a $56.00 target price on the stock in a report on Friday, August 7th. Citizens Jmp upped their price target on shares of Maplebear from $60.00 to $65.00 and gave the company a “market outperform” rating in a research report on Monday, October 26th. Finally, Wall Street Zen downgraded Maplebear from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $58.33.

Check Out Our Latest Stock Report on Maplebear

Maplebear Stock Down 1.2%

Maplebear stock opened at $56.45 on Friday. Maplebear has a 12-month low of $32.73 and a 12-month high of $62.00. The business’s 50-day moving average price is $49.05 and its two-hundred day moving average price is $43.31. The stock has a market cap of $13.07 billion, a PE ratio of 29.40, a P/E/G ratio of 1.12 and a beta of 0.87.

Maplebear (NASDAQ:CART – Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Maplebear had a net margin of 11.59% and a return on equity of 22.50%. The company’s revenue was up 16.6% compared to the same quarter last year. During the same period last year, the business earned $0.42 EPS. As a group, analysts expect that Maplebear will post 2.31 earnings per share for the current year.

Insider Activity

In other Maplebear news, CAO Lisa Blackwood-Kapral sold 3,017 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $47.08, for a total transaction of $142,040.36. Following the transaction, the chief accounting officer directly owned 37,715 shares in the company, valued at approximately $1,775,622.20. This represents a 7.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $50.61, for a total transaction of $7,591,500.00. Following the sale, the director directly owned 591,523 shares of the company’s stock, valued at approximately $29,936,979.03. This trade represents a 20.23% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 309,928 shares of company stock worth $16,121,073. Company insiders own 24.00% of the company’s stock.

Institutional Investors Weigh In On Maplebear

Several hedge funds and other institutional investors have recently bought and sold shares of CART. Chicago Partners Investment Group LLC bought a new position in Maplebear during the 3rd quarter valued at $223,000. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Maplebear during the third quarter valued at about $601,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Maplebear during the third quarter valued at about $87,000. Vise Technologies Inc. bought a new position in shares of Maplebear during the third quarter valued at about $716,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Maplebear by 16.9% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 97,550 shares of the company’s stock worth $4,206,000 after purchasing an additional 14,100 shares during the last quarter. 63.09% of the stock is owned by institutional investors.

Maplebear News Roundup

Here are the key news stories impacting Maplebear this week:

Positive Sentiment: DoorDash agreed to acquire Maplebear, which operates as Instacart, in a cash-and-stock transaction valued at approximately $17 billion. Maplebear shareholders are expected to receive $65 in cash, 0.3372 shares of DoorDash, or a combination subject to proration. The offer provides a potential premium if the transaction closes. Shareholder Alert: The M&A Class Action Firm Announces an Investigation of Maplebear Inc.
Positive Sentiment: The proposed combination would unite DoorDash’s restaurant-delivery network with Instacart’s grocery platform. Management expects at least $500 million in operational efficiencies and believes greater scale could improve delivery economics and competition with Amazon and Walmart. DoorDash to acquire Instacart for $17B
Neutral Sentiment: Maplebear’s third-quarter revenue increased 16.6% year over year to roughly $1.1 billion, while earnings rose to $0.60 per share from $0.42. However, earnings missed estimates of approximately $0.63-$0.64 per share. Maplebear Q3 Earnings Miss Estimates
Negative Sentiment: The wide gap between CART’s trading level and the $65 offer indicates that investors doubt the transaction will close quickly or successfully. The companies expect closing in late 2027 or the first half of 2028, leaving shareholders exposed to regulatory and execution risk for as long as two years. Maplebear also suspended forward guidance and canceled its scheduled earnings call. DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
Negative Sentiment: Antitrust scrutiny is a major concern because the deal would combine two leading U.S. delivery platforms. Worker advocates and New York City officials have criticized the transaction over possible higher prices, reduced competition and weaker worker bargaining power.
Negative Sentiment: Several analysts downgraded Maplebear to neutral, equal weight or hold, including Barclays, Needham, Cantor Fitzgerald, Citizens JMP and Bernstein. Although some firms retained $65 price targets, the ratings signal limited confidence in upside before the merger’s outcome is clearer. Law firms have also announced investigations into whether shareholders are receiving a fair price and whether directors fulfilled their fiduciary duties.

Maplebear Company Profile

(Get Free Report)

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.