Grubhub customers will soon be able to order goods from Instacart's network of grocery stores and pharmacies within the Grubhub app or website. This capability will be enabled by a new partnership between the two companies, in which Instacart has become Grubhub's grocery delivery partner, according to a Tuesday (Oct. 28) press release.
Instacart (NASDAQ:CART) shares moved lower after Wedbush downgraded the company to ‘Underperform' from ‘Neutral' and lowered its price target to $42 from $55, with analysts citing intensifying competition in the grocery delivery space. “Instacart has demonstrated healthy gross transaction volume (GTV) growth and an improving margin trajectory over the last few quarters, tempering some investor concern,” the analysts wrote.
Shares of Maplebear Inc (NASDAQ:CART), which does business as Instacart, are down 3.2% at $44.07, after a downgrade from Wedbush to "underperform" from "neutral," with a price-target cut to $42 from $55.
Benchmark Equity Research upgraded Instacart to Buy from Hold due to its strong growth trajectory.
Instacart shoppers are ordering more often — and more carefully — as digital tools reframe how value is presented and perceived on the platform. Total orders rose 17% year over year in Q2 2025, according to Instacart parent Maplebear.
Maplebear Inc. (NASDAQ:CART ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Emily Maher - CFO & Treasurer Fidji Simo - President, CEO & Chairman Rebecca Yoshiyama - Vice President of Investor Relations Conference Call Participants Andrew M. Boone - Citizens JMP Securities, LLC, Research Division Colin Alan Sebastian - Robert W.
The headline numbers for Maplebear (CART) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Maplebear (CART) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.2 per share a year ago.
Shares of Instacart rallied late Thursday after the grocery-delivery app's forecast for a key demand metric came in above Wall Street's estimates, as the company tries to personalize grocery orders and the retailers on its platform embrace what it called ”more competitive pricing strategies.”
Instacart posted better-than-expected second-quarter results and issued strong third-quarter guidance. "We delivered another strong quarter, reinforcing the essential role we play in helping families save time, money, and effort putting food on the table," wrote outgoing CEO Fidji Simo.
Maplebear (CART) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Maplebear (CART) and Groupon (GRPN) have performed compared to their sector so far this year.