Instacart (Maplebear Inc.)/$CART

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About Instacart (Maplebear Inc.)

Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
Ticker
$CART
Primary listing
NASDAQ
Employees
3,600

CART Metrics

BasicAdvanced
$11B
26.76
$1.82
0.78
-

What the Analysts think about CART

Analyst ratings (Buy, Hold, Sell) for Instacart (Maplebear Inc.) stock.
Analyst projections of the future price of Instacart (Maplebear Inc.) stock.

Bulls say / Bears say

In Q2 2026, Instacart’s gross transaction value rose 14% year-over-year to $10.35 billion and total revenue increased 14% to $1.04 billion, demonstrating strong demand for its marketplace. (Reuters)
Advertising and other revenue in Q2 climbed 16% year-over-year to $297 million, outpacing overall GTV growth and highlighting the strength of its ad monetization platform. (Reuters)
Instacart forecast Q3 2026 GTV and adjusted EBITDA above analysts’ estimates, underscoring management’s confidence in sustained growth momentum. (Reuters)
GAAP net income fell 4% year-over-year to $111 million in Q2 2026, yielding a net margin of just ~1.1% of GTV and underscoring ongoing profitability challenges. (Reuters)
Wells Fargo notes Instacart has cut prices as competition intensifies, with Amazon offering delivery rates ~27% below the average and Walmart a 14% premium, pressuring Instacart’s pricing power and margins. (Investing.com)
In April 2026, the FTC proposed rules accusing Instacart of deceptive “free delivery” advertising under Section 5 of the FTC Act, exposing it to further legal and compliance costs. (Federal Register)
Data summarised monthly by Lightyear AI. Last updated on 3 Sept 2026.

CART Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

CART Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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