Added to YB: 2026-01-19
Pitch date: 2025-11-16
CART [bullish]
Maplebear Inc.
-9.54%
current return
Author Info
No bio for this author
Company Info
Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.
Market Cap
$9.0B
Pitch Price
$40.66
Price Target
80.00 (+118%)
Dividend
N/A
EV/EBITDA
15.55
P/E
23.35
EV/Sales
2.26
Sector
Consumer Staples Distribution and Retail
Category
growth
Maplebear Inc. - $CART
CART: Largest US digital grocery player (24% share) in underpenetrated category (13% vs 40% electronics). Down 30% on AMZN threat despite 10% rev/20% op income growth. Trades 20x 2025E EPS w/ $6/share net cash. New CEO Rogers from Apple/P&G. 7.3% take rate + 2.9% ad rev from $50B CPG market. 25% boost in sales for advertisers. Target: $80 (100% upside) on 25x 2028E $3 EPS. Risk: customer acquisition costs vs larger competitors.
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