A share price of Maplebear Inc [CART] is currently trading at $46.45, up 4.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CART shares have gain 5.38% over the last week, with a monthly amount glided 11.52%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Maplebear Inc [NASDAQ: CART] stock has seen the most recent analyst activity on January 14, 2025, when BTIG Research upgraded its rating to a Buy but kept the price target unchanged to $58 for it. Previously, Mizuho started tracking the stock with Outperform rating on January 14, 2025, and set its price target to $55. On January 13, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $56 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $47 on January 10, 2025. Deutsche Bank initiated its recommendation with a Hold and recommended $37 as its price target on December 03, 2024. Jefferies started tracking with a Hold rating for this stock on October 16, 2024, and assigned it a price target of $43. In a note dated September 24, 2024, Raymond James initiated an Mkt Perform rating.
Maplebear Inc experienced fluctuations in its stock price throughout the past year between $22.70 and $50.01. Currently, Wall Street analysts expect the stock to reach $50.31 within the next 12 months. Maplebear Inc [NASDAQ: CART] shares were valued at $46.45 at the most recent close of the market. An investor can expect a potential return of 8.31% based on the average CART price forecast.
Analyzing the CART fundamentals
Trailing Twelve Months sales for Maplebear Inc [NASDAQ:CART] were 3.30B which represents 11.52% growth. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.13 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 45.44 points at the first support level, and at 44.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.14, and for the 2nd resistance point, it is at 47.83.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Maplebear Inc [NASDAQ:CART] is 3.06. As well, the Quick Ratio is 3.06, while the Cash Ratio is 1.57. Considering the valuation of this stock, the price to sales ratio is 3.62, the price to book ratio is 4.16 and price to earnings (TTM) ratio is 29.25.
Transactions by insiders
Recent insider trading involved Ramsay Alan, CHIEF ACCOUNTING OFFICER, that happened on Dec 20 ’24 when 2247.0 shares were sold. PRESIDENT AND CEO, Simo Fidji completed a deal on Dec 18 ’24 to sell 20750.0 shares. Meanwhile, Officer Ramsay Alan bought 2247.0 shares on Dec 20 ’24.
