Professional
Added to YB: 2025-01-15
Pitch date: 2025-01-14
CART [bullish]
Maplebear Inc.
-3.66%
current return
Author Info
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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
$47.13
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
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)