Providing a diverse range of perspectives from bullish to bearish, 15 analysts have published ratings on Maplebear CART in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 10 | 3 | 0 | 0 |
| Last 30D | 1 | 2 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 5 | 0 | 0 | 0 |
| 3M Ago | 0 | 2 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $42.73, along with a high estimate of $48.00 and a low estimate of $36.00. This upward trend is apparent, with the current average reflecting a 19.96% increase from the previous average price target of $35.62.
Deciphering Analyst Ratings: An In-Depth Analysis
In examining recent analyst actions, we gain insights into how financial experts perceive Maplebear. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ross Sandler | Barclays | Raises | Overweight | $43.00 | $41.00 |
| Brian Pitz | BMO Capital | Raises | Market Perform | $36.00 | $26.00 |
| Mark Kelley | Stifel | Raises | Buy | $45.00 | $44.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $47.00 | $45.00 |
| Brian Nowak | Morgan Stanley | Raises | Equal-Weight | $40.00 | $28.00 |
| Jason Helfstein | Oppenheimer | Raises | Outperform | $48.00 | $36.00 |
| Rob Sanderson | Loop Capital | Announces | Buy | $46.00 | - |
| Michael Morton | MoffettNathanson | Raises | Neutral | $37.00 | $36.00 |
| Colin Sebastian | Baird | Raises | Outperform | $44.00 | $31.00 |
| Ross Compton | Macquarie | Announces | Outperform | $42.00 | - |
| Doug Anmuth | JP Morgan | Raises | Overweight | $45.00 | $35.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $45.00 | $36.00 |
| Nikhil Devnani | Bernstein | Raises | Outperform | $43.00 | $30.00 |
| Deepak Mathivanan | Wolfe Research | Raises | Outperform | $39.00 | $35.00 |
| Ross Sandler | Barclays | Raises | Overweight | $41.00 | $40.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Maplebear. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Maplebear compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Maplebear's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Maplebear's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Maplebear analyst ratings.
Get to Know Maplebear Better
Maplebear, which does business as Instacart, is an online grocery pickup and delivery service provider currently in the United States and Canada. Instacart partners with local and national grocers who provide their selection of food and other goods to customers through Instacart's mobile app or website. After a customer places an order, an independent personal shopper employed by Instacart will pick the order and either prepare it for pickup or deliver it to the customer's chosen location. Instacart's revenue model consists of transaction revenue in the form of retailer and customer fees, as well as advertising revenue from brand advertising on Instacart platforms.
Maplebear: A Financial Overview
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Maplebear's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 6.08%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Staples sector.
Net Margin: Maplebear's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 16.56%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.68%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Maplebear's ROA stands out, surpassing industry averages. With an impressive ROA of 2.91%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.01, Maplebear adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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