Seaport Res Ptn Weighs in on Maplebear Q1 Earnings

Maplebear Inc. (NASDAQ:CART) – Analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of Maplebear in a report released on Monday, November 10th. Seaport Res Ptn analyst A. Kessler expects that the company will post earnings of $0.51 per share for the quarter. The consensus estimate for Maplebear’s current full-year earnings is $1.43 per share. Seaport Res Ptn also issued estimates for Maplebear’s Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.59 EPS and FY2027 earnings at $2.49 EPS.

Maplebear (NASDAQ:CART) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.01. Maplebear had a net margin of 14.09% and a return on equity of 15.72%. The business had revenue of $939.00 million during the quarter, compared to analysts’ expectations of $933.76 million. During the same period last year, the firm posted $0.42 earnings per share. The business’s revenue was up 10.2% on a year-over-year basis.

A number of other analysts also recently commented on CART. Robert W. Baird dropped their price objective on Maplebear from $60.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Citigroup dropped their price target on shares of Maplebear from $65.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday. Sanford C. Bernstein raised their price objective on shares of Maplebear from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Wells Fargo & Company lowered their price objective on shares of Maplebear from $57.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Friday, October 3rd. Finally, Barclays increased their target price on shares of Maplebear from $61.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.40.

Maplebear Price Performance

CART opened at $39.20 on Wednesday. The business has a 50 day moving average price of $40.41 and a two-hundred day moving average price of $43.94. The company has a market capitalization of $10.33 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 1.15 and a beta of 1.10. Maplebear has a 1-year low of $34.78 and a 1-year high of $53.50.

Institutional Trading of Maplebear

A number of institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in Maplebear by 78.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 884 shares of the company’s stock worth $32,000 after purchasing an additional 389 shares during the last quarter. Brooklyn Investment Group bought a new position in Maplebear during the first quarter valued at approximately $40,000. CWM LLC raised its position in Maplebear by 35.1% during the first quarter. CWM LLC now owns 1,058 shares of the company’s stock valued at $42,000 after acquiring an additional 275 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Maplebear in the third quarter valued at approximately $43,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Maplebear in the second quarter worth approximately $53,000. Institutional investors and hedge funds own 63.09% of the company’s stock.

Insider Activity at Maplebear

In other Maplebear news, General Counsel Morgan Fong sold 3,546 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $38.85, for a total value of $137,762.10. Following the transaction, the general counsel owned 427,523 shares in the company, valued at approximately $16,609,268.55. This represents a 0.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Chris Rogers sold 9,259 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $42.37, for a total transaction of $392,303.83. Following the completion of the sale, the chief executive officer owned 739,880 shares of the company’s stock, valued at approximately $31,348,715.60. The trade was a 1.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 27,556 shares of company stock valued at $1,179,482. Corporate insiders own 26.00% of the company’s stock.

About Maplebear

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.