Maplebear (CART) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.44 per share a year ago.
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app's forecast for its preferred measure of profit came in below expectations.
Maplebear (CART), Instacart's parent company, reports earnings after the closing bell. Arun Sundaram talks about what the company needs to wheel in an earnings win.
Instacart CEO Fidji Simo told CNBC's Julia Boorstin that there is a need for both masculine and feminine energy in the workplace. There is considerable blowback right now against diversity efforts in the market, including from Simo's own former boss Mark Zuckerberg at Meta, where DEI programs have been scrapped and Zuckerberg has recently called for more “masculine energy” in the workplace.
CNBC's Julia Boorstin sits down with InstaCart CEO to discuss how AI will impact grocery shopping.
Maplebear (CART) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Seaport Global analyst Aaron Kessler initiated coverage on Maplebear Inc CART (Instacart) with a Buy rating and announced a price forecast of $62.00.
Instacart is rated as a long-term buy, expected to outperform in 2025 with a target price of $53 per share, potentially reaching $60. The company's growth is driven by strong revenue, data-driven expansion, and new and deepening partnerships with retailers that will increase profits, EBIT, net income, and free cash flow. Instacart's Q3 '24 financial highlights include a 14% increase in GAAP gross profit and a 39% rise in adjusted EBITDA, showcasing robust performance.
Investors interested in Internet - Commerce stocks are likely familiar with JD.com, Inc. (JD) and Maplebear (CART). But which of these two stocks presents investors with the better value opportunity right now?
It's a bullish-leaning Big 3 with @ProsperTradingAcademy's Mike Shorr offering example options trades in Maplebear (CART), Lemonade (LMND) and Roku Inc. (ROKU). Rick Ducat dives into the technical trends.
Maplebear (CART) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Instacart and Uber aren't letting up in their fight against a new law in Seattle.