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Why is CART up 2.02%?
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CART:NASDAQ
Instacart
$57.59
+2.02%
(+1.14) 1D
$57.55
-0.07% (-0.040)
After hours
Closed: Nov 2, 4:00:01 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for CART...
Open
$56.44
High
$57.71
Low
$56.35
Mkt. cap
13.62B
Avg. vol.
6.32M
Volume
201.00
P/E ratio
31.62
52-wk high
$62.00
52-wk low
$32.73
EPS
$1.82
Beta
0.87
Shares outstanding
231.50M
No. of employees
4K
Open
$56.44
High
$57.71
Low
$56.35
Mkt. cap
13.62B
Avg. vol.
6.32M
Volume
201.00
P/E ratio
31.62
52-wk high
$62.00
52-wk low
$32.73
EPS
$1.82
Beta
0.87
Shares outstanding
231.50M
No. of employees
4K
News stories
From web sources and news partners
Profile
Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order, while also providing alcohol delivery in regions where it is permitted. The company offers service from 2,200 retailers covering nearly 100,000 grocery stores, and works with 9,000 consumer packaged goods brands. Alcohol delivery is available from hundreds of retail banners that span 17,000 stores across North America. Instacart reaches "nearly 98%" of SNAP households, offering delivery services from about 180 retail banners, including ALDI, Food Lion, Publix, The Save Mart Companies and Walgreens, spanning about 30,000 stores across all 50 states and Washington D.C. Since its founding, Instacart Marketplace has seen over $100 billion of "gross transactional value" and over 900 million orders with approximately 20 billion items ordered. Wikipedia
About Instacart
CEOChris Rogers
Employees3.6K
FoundedJun 2012
HeadquartersSan Francisco, California, United States
SectorConsumer
Analyst ratings
Based on 25 analysts giving stock ratings to CART in the past 3 months
Buy
Buy
7
Hold
18
Sell
0
12-month forecast
Based on 25 Wall Street analysts offering 12 month price targets for CART in the last 3 months.
Highest
Current $57.59
$65.00 (+12.87%)
Average
$61.37 (+6.56%)
Lowest
$49.00 (-14.92%)
Analyst
Recommendation
Action
Price target
Projected
Date
Colin Sebastian
Robert W. Baird
Hold
Maintained
$65.00
+12.9%
11/02/2026
Ronald Josey
Citi
Buy
Maintained
$65.00
+12.9%
11/02/2026
Brian Nowak
Morgan Stanley
Hold
Maintained
$65.00
+12.9%
10/30/2026
Ygal Arounian
Wedbush
Hold
Downgraded
$65.00
+12.9%
10/30/2026
Taylor Manley
Guggenheim
Hold
Maintained
-
-
10/29/2026
Bernie McTernan
Needham
Hold
Downgraded
-
-
10/30/2026
Andrew Boone
Citizens JMP
Hold
Downgraded
-
-
10/30/2026
Ken Gawrelski
Wells Fargo
Hold
Maintained
$56.00
-2.8%
10/30/2026
Nikhil Devnani
Bernstein
Hold
Downgraded
$65.00
+12.9%
10/30/2026
Deepak Mathivanan
Cantor Fitzgerald
Hold
Downgraded
$65.00
+12.9%
10/30/2026
Josh Beck
Raymond James
Hold
Downgraded
-
-
10/29/2026
Ross Sandler
Barclays
Hold
Downgraded
$65.00
+12.9%
10/29/2026
John Colantuoni
Jefferies
Hold
Downgraded
$65.00
+12.9%
10/29/2026
Eric Sheridan
Goldman Sachs
Buy
Reiterated
$65.00
+12.9%
10/12/2026
Jake Fuller
BTIG
Hold
Maintained
-
-
09/28/2026
John Eade
Argus Research
Buy
Reiterated
$58.00
+0.7%
09/01/2026
Scott Devitt
Rosenblatt Securities
Hold
Initiated
$55.00
-4.5%
08/31/2026
Brian Pitz
BMO Capital
Buy
Reiterated
$65.00
+12.9%
08/20/2026
Lloyd Walmsley
Mizuho Securities
Hold
Maintained
$49.00
-14.9%
08/11/2026
Jason Helfstein
Oppenheimer
Buy
Maintained
$65.00
+12.9%
08/07/2026
Mark Zgutowicz
StoneX
Buy
Reiterated
$63.00
+9.4%
08/07/2026
Doug Anmuth
J.P. Morgan
Buy
Reiterated
$62.00
+7.7%
08/07/2026
Justin Patterson
KeyBanc
Hold
Maintained
-
-
08/07/2026
Nicholas Jones CFA
Exane BNP Paribas
Hold
Upgraded
$56.00
-2.8%
08/07/2026
Justin Post
Bank of America Securities
Hold
Reiterated
$52.00
-9.7%
08/07/2026
Benjamin Black CFA
Deutsche Bank
Hold
Reiterated
$45.00
-21.9%
07/31/2026
Unknown Analyst
Guggenheim
Hold
Maintained
$44.00
-23.6%
07/29/2026
Taylor Conrad
Argus Research
Buy
Reiterated
$50.00
-13.2%
06/02/2026
Shweta Khajuria
Wolfe Research
Hold
Maintained
-
-
05/06/2026
Thomas Champion
Piper Sandler
Hold
Reiterated
$43.00
-25.3%
05/07/2026
Mark Kelley
Stifel Nicolaus
Buy
Maintained
$45.00
-21.9%
05/06/2026
Last report
Oct 29, 2026
Fiscal period
Q3 2026
$1.03 / $1.07
-3.68%miss
Revenue / Est. (USD)
1.10B / 1.07B
+2.14%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
992.00M
1.02B
1.04B
1.10B
Cost of goods sold
275.00M
281.00M
292.00M
309.00M
Cost of revenue
275.00M
281.00M
292.00M
309.00M
Research and development expenses
170.00M
160.00M
198.00M
192.00M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
445.00M
389.00M
400.00M
412.00M
Operating expense
618.00M
555.00M
604.00M
612.00M
Total operating expenses
893.00M
836.00M
896.00M
921.00M
Operating income
99.00M
183.00M
147.00M
174.00M
Other non operating income
-2.00M
-
-2.00M
1.00M
EBT including unusual items
109.00M
188.00M
147.00M
181.00M
EBT excluding unusual items
110.00M
189.00M
150.00M
181.00M
Income tax expense
28.00M
44.00M
36.00M
34.00M
Effective tax rate
25.69%
23.40%
24.49%
18.78%
Other operating expenses
3.00M
6.00M
6.00M
8.00M
Net income
81.00M
144.00M
111.00M
147.00M
Net profit margin
8.17%
14.13%
10.64%
13.42%
Earnings per share
0.97
0.83
0.87
1.03
Interest and investment income
12.00M
6.00M
5.00M
6.00M
Interest expense
-
-
-
-
Net interest expenses
12.00M
6.00M
5.00M
6.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
107.00M
191.00M
154.00M
209.00M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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