The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Maplebear (CART) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Maplebear is a member of the Business Services sector. This group includes 315 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the ...

Save Mart, FoodMaxx, and Lucky banners to leverage Instacart's Caper Cart, FoodStorm, and Storefront Pro solutions to create omnichannel shopping experiences SAN FRANCISCO and MODESTO, Calif., May 1, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and The Save Mart Companies, the largest regional grocer based in California, today announced their expanded omnichannel partnership featuring several Instacart in-store solutions such as Caper Carts, Instaca ...

SAN FRANCISCO, April 17, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its first quarter 2024 financial results after market close on Wednesday, May 8, 2024. The company's first 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 Wednesday, May 8. To access a live ...

Klaus Vedfelt/DigitalVision via Getty ImagesInvestment summary My recommendation for Maplebear (NASDAQ:CART) is a buy rating. Based on the latest financials and customer cohort performance, I believe CART is going to see GTV growth acceleration that supports the current valuation. Importantly, management has now set its focus on further streamlining the business, which I expect will lower the cost structure, proving more room for margin to expand. Business Overview Maplebear (also known as Instacart) is ...

 SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Victoria Dolan, former CFO of Revlon, has joined the company's Board of Directors. Dolan is a seasoned financial expert and business leader with more than 30 years of experience in the consumer packaged goods (CPG) and retail industries. Separately, after years of dedicated service, Jeff Jordan, General Partner at Andreessen Horowitz, and Barry McCarthy, Pres ...

The future is in aisle five. Artificial intelligence-powered smart carts are rolling out in Big Apple supermarkets — and they do practically everything except cook the food. Instacart’s Caper Carts use AI to identify items, their price and the weight of produce — and allow shoppers to check out stress-free with a click on a touch screen. 5 Instacart’s Caper Cart uses artificial intelligence to automatically detect each product, its price and the weight of produce. Helayne Seidman“2024 is the new 2050,” o ...

Barron’s published an article on March 25 entitled “GameStop Stock Is Having Its Best Day Since Last Year. Earnings Are Tuesday.” As is evident from the headline, the article discusses GameStop’s (NYSE:GME) runup before its Q4 2023 earnings release. Like a lot of overrated stocks to sell, the hype didn’t match the reality. “Shares of GameStop were up 7.8% to $14.12 on Monday morning. If the gain holds through the close, it would be the stock’s largest percentage increase since Dec. 13, according to Dow Jone ...

NO-HEADQUARTERS/REDWOOD CITY, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- PubMatic (NASDAQ:PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced a new partnership with Instacart (NASDAQ:CART) to leverage its first-party, retail media data off of Instacart in a privacy-compliant, scalable, and effective programmatic advertising solution via PubMatic's Convert. Mars will be one of the first brands to activate Instacart's retail media data with Pub ...

Today, Instacart works with more than 5,500 CPG brand partners to help them drive awareness, connect consumers with the products they love, and inspire consumers as they browse. Instacart is deeply committed to providing value for its brand partners, including delivering transparent measurement solutions. As part of this goal to provide trusted, standardized metrics, Instacart completed an in-depth, independent audit of its measurement for impression, click and viewability metrics. This was reviewed by an a ...

Shares of Wall Street newbie Maplebear Inc (NASDAQ:CART), or Instacart, are 3.2% higher at the open, following a bull note. Bernstein upgraded the food delivery and e-tail stock to "outperform" from "market perform" and hiked is price target by $13 to $43 -- a 21.6% upside to last night's close.Coming into today, the brokerage bunch was split nearly down the middle. Of the 17 covering brokerages, nine rated CART a "strong buy," while eight recommended a tepid "hold." This leaves the security open to even mo ...