Maplebear (CART) Projected to Post Earnings on Thursday

Maplebear (NASDAQ:CART) is anticipated to announce its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect Maplebear to post earnings of $0.5420 per share and revenue of $1.0264 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Maplebear (NASDAQ:CART) last announced its earnings results on Wednesday, May 6th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Maplebear had a return on equity of 18.67% and a net margin of 12.50%.Maplebear’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.37 earnings per share. On average, analysts expect Maplebear to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Maplebear Stock Performance

NASDAQ CART opened at $45.65 on Wednesday. The business’s fifty day moving average is $44.57 and its 200 day moving average is $40.74. Maplebear has a fifty-two week low of $32.73 and a fifty-two week high of $53.50. The company has a market capitalization of $10.73 billion, a PE ratio of 25.50, a price-to-earnings-growth ratio of 0.62 and a beta of 0.78.

Analyst Ratings Changes

CART has been the topic of several recent research reports. Citizens Jmp reaffirmed a “market outperform” rating and issued a $60.00 price objective on shares of Maplebear in a research note on Monday, June 15th. Wedbush assumed coverage on Maplebear in a research note on Thursday, July 16th. They set an “outperform” rating and a $59.00 price objective for the company. Guggenheim increased their target price on shares of Maplebear from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Wells Fargo & Company raised their target price on shares of Maplebear from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Finally, Raymond James Financial raised shares of Maplebear from a “hold” rating to a “moderate buy” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $51.67.

Insider Buying and Selling

In other news, Director Ravi Gupta sold 181,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $41.51, for a total value of $7,513,310.00. Following the completion of the sale, the director directly owned 741,523 shares of the company’s stock, valued at $30,780,619.73. This trade represents a 19.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 24.00% of the company’s stock.

Hedge Funds Weigh In On Maplebear

Several large investors have recently modified their holdings of CART. Allworth Financial LP lifted its position in Maplebear by 35.7% in the third quarter. Allworth Financial LP now owns 928 shares of the company’s stock worth $34,000 after buying an additional 244 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Maplebear by 9.6% during the second quarter. Smartleaf Asset Management LLC now owns 2,978 shares of the company’s stock worth $134,000 after buying an additional 261 shares during the period. Rafferty Asset Management LLC increased its position in Maplebear by 2.5% during the second quarter. Rafferty Asset Management LLC now owns 11,000 shares of the company’s stock valued at $498,000 after acquiring an additional 273 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in Maplebear by 5.0% during the third quarter. Crossmark Global Holdings Inc. now owns 6,423 shares of the company’s stock valued at $236,000 after acquiring an additional 304 shares during the last quarter. Finally, Aviva PLC raised its stake in shares of Maplebear by 3.9% in the fourth quarter. Aviva PLC now owns 11,279 shares of the company’s stock valued at $507,000 after acquiring an additional 424 shares during the period. Institutional investors own 63.09% of the company’s stock.

About Maplebear

Maplebear, Inc, doing business as Instacart, operates a leading online grocery and essentials marketplace that connects consumers, retail partners and personal shoppers through its digital platform. The company enables customers to order groceries, household items and specialty products for same-day or scheduled delivery, as well as in-store pickup. By integrating its technology with retailers’ existing inventory and point-of-sale systems, Maplebear streamlines the shopping experience and provides real-time availability and pricing.

Founded in 2012 and headquartered in San Francisco, Maplebear has grown from a regional startup to a publicly traded company listed on NASDAQ under the ticker CART.