Set Your Sights On Maplebear Inc (NASDAQ: CART)’S Upside Potential

Maplebear Inc (CART) concluded trading on Thursday at a closing price of $44.12, with 4.79 million shares of worth about $211.47 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.58% during that period and on May 15, 2025 the price saw a loss of about -2.41%. Currently the company’s common shares owned by public are about 262.52M shares, out of which, 200.91M shares are available for trading.

Stock saw a price change of 2.75% in past 5 days and over the past one month there was a price change of 5.40%. Year-to-date (YTD), CART shares are showing a performance of 6.52% which increased to 26.96% 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 4.85 million. The stock is currently trading 2.63% above its 20-day simple moving average (SMA20), while that difference is up 7.75% for SMA50 and it goes to 5.88% higher than SMA200.

Maplebear Inc (NASDAQ: CART) currently have 262.52M outstanding shares and institutions hold larger chunk of about 67.16% of that.

The stock has a current market capitalization of $11.50B and its 3Y-monthly beta is at 1.29. PE ratio of stock for trailing 12 months is 28.98, while it has posted earnings per share of $1.52 in the same period. Its PEG reads 1.71 and has Quick Ratio of 3.24 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 3.32% while standing at 3.79% over the month.

Stock’s fiscal year EPS is expected to rise by 8.29% while it is estimated to increase by 23.68% 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 FBN Securities on March 28, 2025 offering a Sector perform rating for the stock and assigned a target price of $44 to it. Coverage by Seaport Research Partners stated Maplebear Inc (CART) stock as a Buy in their note to investors on February 12, 2025, suggesting a price target of $62 for the stock. On January 14, 2025, BTIG Research Upgrade their recommendations, while on January 14, 2025, Mizuho Initiated their ratings for the stock with a price target of $55. Stock get a Buy rating from Needham on January 13, 2025.

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