Currently, there are 262.52M common shares owned by the public and among those 202.56M shares have been available to trade.
The company’s stock has a 5-day price change of 17.96% and -2.16% over the past three months. CART shares are trading 13.69% year to date (YTD), with the 12-month market performance up to 32.80% higher. It has a 12-month low price of $29.84 and touched a high of $53.44 over the same period. CART has an average intraday trading volume of 4.66 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 14.36%, 15.94%, and 14.07% respectively.
Institutional ownership of Maplebear Inc (NASDAQ: CART) shares accounts for 66.07% of the company’s 262.52M shares outstanding.
It has a market capitalization of $12.36B and a beta (3y monthly) value of 1.20. The stock’s trailing 12-month PE ratio is 30.93, while the earnings-per-share (ttm) stands at $1.52. The company has a PEG of 1.84 and a Quick Ratio of 3.38 with the debt-to-equity ratio at 0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.81% over the week and 5.06% over the month.
Earnings per share for the fiscal year are expected to increase by 7.34%, and 23.98% over the next financial year.
Looking at the support for the CART, a number of firms have released research notes about the stock. FBN Securities stated their Sector Perform rating for the stock in a research note on March 28, 2025, with the firm’s price target at $44. Seaport Research Partners coverage for the Maplebear Inc (CART) stock in a research note released on February 12, 2025 offered a Buy rating with a price target of $62. BTIG Research was of a view on January 14, 2025 that the stock is Buy, while Mizuho gave the stock Outperform rating on January 14, 2025, issuing a price target of $55. Needham on their part issued Buy rating on January 13, 2025.
