Professional
Added to YB: 2025-01-15
Pitch date: 2025-01-14
CART [bullish]
Maplebear Inc.
-12.95%
current return
Author Info
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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
$47.13
Price Target
58.00 (+41%)
Dividend
N/A
EV/EBITDA
15.55
P/E
23.35
EV/Sales
2.26
Sector
Consumer Staples Distribution and Retail
Category
growth
Show full summary:
BTIG Upgrades Maplebear (CART) to Buy with $58 Target
CART: BTIG upgrade to Buy, PT $58. Strong order growth, leader in secular growth category w/o AV risk. High single-digit EBITDA multiple vs double-digit growth. Analyst sees 4Q & 2025 above consensus, cites strategic value.
Read full article (1 min)