Maplebear (CART) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...

Group 1 - Maplebear Inc. (NASDAQ: CART) is primarily known for its online grocery shopping service, Instacart, which provides grocery sales, delivery, and pickup services through a mobile app and website [1] - The company's stock has shown strong performance over the past year, indicating positive market reception and growth potential [1] - The investment strategy focuses on high-growth opportunities across various industries, utilizing a value investing approach that emphasizes robust business models and strategic foresight [1] Group 2 - The analysis employs discounted cash flow (DCF) valuation methodology while remaining adaptable to various valuation techniques [1] - Business model frameworks from institutions like Harvard Business School are leveraged for in-depth analysis, ensuring a comprehensive understanding of a company's intrinsic value and strategic positioning [1] - The focus is on long-term growth potential and risk mitigation in investment decisions [1]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Maplebear (CART) , which belongs to the Zacks Internet - Commerce industry. When looking at the last two reports, this operator of the Instacart online grocery has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 514.42%, on average, in the last two quarters. For the last reported quarter, Maplebear came out with ...

SAN FRANCISCO , Oct. 15, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. The company's third quarter 2024 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com. Instacart management will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, November 12. To acces ...

Core Insights - Instacart and Roku have expanded their partnership to create shoppable TV moments for consumers, enhancing the advertising experience for consumer-packaged goods (CPG) brands [1][2][6] Advertising Capabilities - New advertising features include shoppable ads that allow consumers to purchase products directly from ads via text messaging or QR codes, with delivery possible in as fast as one hour [3][6] - Home Screen ad formats enable targeted placements on Roku's Home Screen, driving users to purchase products on Instacart [4] - Enhanced targeting capabilities allow brands to reach consumers based on their Instacart purchase behavior, creating both granular and broad audience segments [5][6] Partnership Impact - The partnership has shown strong results, with 52% of streamers who purchased a product advertised on Roku via Instacart being new-to-brand [2] - Brands advertising with Instacart typically see an average sales lift of 15%, with some experiencing double that increase [7] Market Reach - Roku is the leading TV streaming platform in the U.S., reaching 83.6 million households, while Instacart partners with over 1,500 retail partners and is available to over 98% of households in the U.S. and Canada [7]

Launching fun, in-store gamified quests on Caper Carts New gamified quests make grocery shopping feel like an adventure. Quests are interactive mini-games that customers can complete using a Caper Cart, creating an even more enjoyable and rewarding shopping experience. This new Caper feature encourages customers to earn rewards and credits while enhancing savings and product discovery among customers as they shop. Quests are customizable and designed in partnership with retailers and brands, giving them the ...

Maplebear (CART) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors o ...

Core Insights - Maplebear Inc., known as Instacart, is the largest online grocery marketplace, delivering groceries from over 85,000 stores to more than 25 million customers [1][2] - Instacart is expanding into in-store shopping with innovative technologies like Flyers and AI-powered Caper Carts, contributing to a 70% year-to-date gain [2][3] Company Overview - Instacart operates a network of personal shoppers for order fulfillment, offering same-day, next-day, or scheduled deliveries [3] - The company partners with major retailers including Home Depot, Costco, Walgreens, Walmart, and CVS, enhancing its extensive network [3][4] Technological Innovations - Caper Carts track items and create grocery lists, allowing customers to avoid checkout lines by paying directly on the cart or app [5] - Carrot Tags improve the shopping experience by providing real-time information on promotions and pricing, linked to Caper Carts for added convenience [5] - FoodStorm is a platform for ordering prepared foods, streamlining the process for customers and linking to the Instacart app for easy pick-up [5] Competitive Advantage - Instacart's in-store technologies create a seamless shopping experience, connecting online and in-store purchases [6] - The company aims to leverage its scale and data capabilities to attract brands seeking effective retail media networks [6] Market Performance - Instacart's stock (CART) has reached a 52-week high of $42.58, with a current price of $40.74, reflecting a 2.11% increase [3][52] - Analysts have set an average price target of $43.33 for CART, with a highest target of $50.00, indicating positive market sentiment [53]

Companies report early success, with a 161% increase in member enrollment and a 57% boost in engagement in programs that offer grocery stipends through Instacart SAN DIEGO, Sept. 26, 2024 /PRNewswire/ -- 9amHealth, the leading virtual cardiometabolic care solution, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a partnership that integrates Instacart Health Fresh Funds stipends for nutritious food into 9amHealth's diabetes, weight, and heart health pro ...

Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Global Food Basket Market (2024 Edition): Market Size, Trends, Opportunities and Forecast By Material, End-user, Sales Channel, Region, By Country: 2020- 2030" report has been added to ResearchAndMarkets.com's offering. This report highlights different factors and opportunities prevailing in the Global Food Basket Market. According to the report, the Global Food Basket Market was valued at USD 10.52 billion, and is expected to grow at a CAGR of 4.76% during 20 ...