Professional
Added to YB: 2025-05-21
Pitch date: 2025-05-19
CART [bullish]
Maplebear Inc.
-1.79%
current return
Author Info
No bio for this author
Company Info
Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.
Market Cap
$10.3B
Pitch Price
$45.78
Price Target
58.00 (+29%)
Dividend
N/A
EV/EBITDA
14.47
P/E
21.61
EV/Sales
2.40
Sector
Consumer Staples Distribution and Retail
Category
special_situation
Loop Capital Raises Instacart Price Target to $58
CART: Loop raised PT to $58 from $52, analyst speculates Uber acquisition likely as CART has majority grocery delivery share, deep retailer relationships, ad business, and trades at half Uber's EBITDA multiple despite only 600bps slower growth. Synergies would be significant. CEO's OpenAI exit notable.
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