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Maplebear (CART) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-08-07 22:26
Company Performance - Maplebear (CART) reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing an increase from $0.20 per share a year ago, representing an earnings surprise of +5.13% [1] - The company posted revenues of $914 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.11%, and up from $823 million in the same quarter last year [2] - Over the last four quarters, Maplebear has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - Maplebear shares have increased approximately 15.2% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $918.47 million, and for the current fiscal year, it is $1.73 on revenues of $3.67 billion [7] Industry Outlook - The Internet - Commerce industry, to which Maplebear belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Maplebear's stock performance [5][6]
Here's Why Maplebear (CART) is a Great Momentum Stock to Buy
ZACKS· 2025-05-29 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Maplebear (CART) - Maplebear currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [3][4]. - The stock has shown significant price performance, with a 2.91% increase over the past week, and a 17.87% increase over the past month, outperforming the Zacks Internet - Commerce industry, which remained flat [6]. - Over the past quarter, shares of Maplebear have increased by 21.84%, and over the last year, they have gained 52.07%, while the S&P 500 has moved -0.81% and 12.32%, respectively [7]. Trading Volume - The average 20-day trading volume for Maplebear is 4,581,467 shares, which serves as a useful indicator of price movement and market interest [8]. Earnings Outlook - In the past two months, 10 earnings estimates for Maplebear have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $1.61 to $1.70 [10]. - For the next fiscal year, 8 estimates have moved upwards, while 3 have been revised downwards, indicating a positive trend in earnings expectations [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, Maplebear is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 2 (Buy) [12].
Why Maplebear (CART) Might be Well Poised for a Surge
ZACKS· 2025-05-07 17:20
Core Viewpoint - Maplebear (CART) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price in the near term [1][2]. Earnings Estimates - The upward trend in earnings estimate revisions reflects growing analyst optimism regarding Maplebear's earnings prospects, which correlates strongly with stock price movements [2]. - For the current quarter, Maplebear is expected to earn $0.37 per share, representing an 85% increase from the previous year's reported number [5]. - The Zacks Consensus Estimate for the current quarter has increased by 13.44% over the last 30 days, with eight estimates moving higher and one moving lower [5]. - For the full year, the company is expected to earn $1.70 per share, a 7.59% increase from the prior year [6]. - The consensus estimate for the current year has risen by 5.97% due to ten upward revisions compared to one negative revision [7]. Zacks Rank - Maplebear currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and a favorable outlook for investors [8]. - The Zacks Rank system has a strong track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3]. Stock Performance - Maplebear shares have increased by 22.9% over the past four weeks, suggesting strong investor confidence in its earnings growth prospects [9].
Maplebear (CART) Misses Q1 Earnings Estimates
ZACKS· 2025-05-01 22:20
Core Viewpoint - Maplebear (CART) reported quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.38 per share, and showing a decline from $0.43 per share a year ago, indicating an earnings surprise of -2.63% [1] Financial Performance - The company posted revenues of $897 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.16% and increasing from $820 million year-over-year [2] - Over the last four quarters, Maplebear has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - Maplebear shares have declined approximately 3.7% since the beginning of the year, while the S&P 500 has decreased by 5.3% [3] - The current Zacks Rank for Maplebear is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $892.43 million, and for the current fiscal year, it is $1.58 on revenues of $3.66 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6] Industry Context - The Internet - Commerce industry, to which Maplebear belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]