Added to YB: 2025-02-24
Pitch date: 2025-01-06
CART [bullish]
Maplebear Inc.
-6.77%
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
$44.00
Price Target
59.00 (+44%)
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: Leading online grocery platform (19% share) with 70% pure-play grocery/large basket share. Margin/return inflection: EBITDA +35% YoY, 26% margins. Ad biz key profit driver. ROIC >DD%. Heavy buybacks. 2026E: <20x P/E, 9.2x EBITDA. 7% FCF yield = $59 PT (+33%). Catalysts: momentum, potential takeout.
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