Maplebear Inc (CART) concluded trading on Wednesday at a closing price of $39.74, with 3.15 million shares of worth about $125.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.60% during that period and on Wednesday the price saw a loss of about -1.05%. Currently the company’s common shares owned by public are about 260.96M shares, out of which, 184.99M shares are available for trading.
Stock saw a price change of 2.42% in past 5 days and over the past one month there was a price change of -21.07%. Year-to-date (YTD), CART shares are showing a performance of -4.06% which increased to 11.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.84 but also hit the highest price of $53.44 during that period. The average intraday trading volume for Maplebear Inc shares is 4.29 million. The stock is currently trading -4.58% below its 20-day simple moving average (SMA20), while that difference is down -11.93% for SMA50 and it goes to -0.80% lower than SMA200.
Maplebear Inc (NASDAQ: CART) currently have 260.96M outstanding shares and institutions hold larger chunk of about 60.52% of that.
The stock has a current market capitalization of $10.52B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 24.40, while it has posted earnings per share of $1.63 in the same period. Its PEG reads 1.69 and has Quick Ratio of 3.38 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CART, volatility over the week remained 3.68% while standing at 4.59% over the month.
Stock’s fiscal year EPS is expected to rise by 1.56% while it is estimated to increase by 20.54% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Seaport Research Partners on February 12, 2025 offering a Buy rating for the stock and assigned a target price of $62 to it. Coverage by BTIG Research stated Maplebear Inc (CART) stock as a Buy in their note to investors on January 14, 2025, suggesting a price target of $58 for the stock. On January 14, 2025, Mizuho Initiated their recommendations, while on January 13, 2025, Needham Upgrade their ratings for the stock with a price target of $56. Stock get an Equal weight rating from Wells Fargo on January 10, 2025.
