MaplebearCART
About: Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The company partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earns fees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has around 8 million monthly active users (or orderers) on its platform.
Employees: 3,265
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 45
35% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 95
12% more funds holding
Funds holding: 314 [Q3] → 351 (+37) [Q4]
6% more capital invested
Capital invested by funds: $7.51B [Q3] → $7.99B (+$478M) [Q4]
2.61% more ownership
Funds ownership: 72.43% [Q3] → 75.04% (+2.61%) [Q4]
15% less funds holding in top 10
Funds holding in top 10: 20 [Q3] → 17 (-3) [Q4]
27% less call options, than puts
Call options by funds: $109M | Put options by funds: $150M
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Loop Capital Rob Sanderson 63% 1-year accuracy 36 / 57 met price target | 40%upside $52 | Buy Maintained | 6 Mar 2025 |
Macquarie Ross Compton 40% 1-year accuracy 2 / 5 met price target | 48%upside $55 | Outperform Maintained | 27 Feb 2025 |
JP Morgan Doug Anmuth 66% 1-year accuracy 29 / 44 met price target | 34%upside $50 | Overweight Maintained | 26 Feb 2025 |
Oppenheimer Jason Helfstein 52% 1-year accuracy 28 / 54 met price target | 61%upside $60 | Outperform Maintained | 26 Feb 2025 |
Mizuho James Lee 59% 1-year accuracy 17 / 29 met price target | 40%upside $52 | Outperform Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 21 articles about CART published over the past 30 days
