Maplebear (CART) Expected to Post Quarterly Earnings on Thursday

Maplebear (NASDAQ:CART) will likely be announcing its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.5420 per share and revenue of $1.0264 billion for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Maplebear (NASDAQ:CART) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.01). Maplebear had a net margin of 12.50% and a return on equity of 18.67%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned $0.37 earnings per share. The company’s quarterly revenue was up 13.6% on a year-over-year basis. On average, analysts expect Maplebear to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Maplebear Stock Performance

Shares of CART stock opened at $45.39 on Tuesday. The firm’s 50 day moving average price is $44.46 and its two-hundred day moving average price is $40.71. Maplebear has a 52-week low of $32.73 and a 52-week high of $53.50. The stock has a market cap of $10.67 billion, a PE ratio of 25.36, a PEG ratio of 0.61 and a beta of 0.78.

Insider Transactions at Maplebear

In other Maplebear news, Director Ravi Gupta sold 181,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $41.51, for a total transaction of $7,513,310.00. Following the sale, the director directly owned 741,523 shares in the company, valued at approximately $30,780,619.73. This trade represents a 19.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 24.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CART. State Street Corp increased its position in shares of Maplebear by 1.0% during the fourth quarter. State Street Corp now owns 5,461,637 shares of the company’s stock worth $245,664,000 after acquiring an additional 54,872 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Maplebear by 114.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,792,673 shares of the company’s stock valued at $170,594,000 after acquiring an additional 2,026,567 shares in the last quarter. Viking Global Investors LP acquired a new position in Maplebear in the 2nd quarter worth $169,782,000. Federated Hermes Inc. boosted its stake in Maplebear by 3.2% in the 4th quarter. Federated Hermes Inc. now owns 3,287,952 shares of the company’s stock worth $147,892,000 after purchasing an additional 101,278 shares during the period. Finally, Bank of America Corp DE increased its holdings in Maplebear by 75.9% during the 3rd quarter. Bank of America Corp DE now owns 3,036,736 shares of the company’s stock worth $111,630,000 after purchasing an additional 1,310,392 shares in the last quarter. Institutional investors and hedge funds own 63.09% of the company’s stock.

Analyst Upgrades and Downgrades

CART has been the topic of a number of analyst reports. Weiss Ratings raised Maplebear from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Guggenheim lifted their price objective on Maplebear from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Barclays upped their price objective on Maplebear from $65.00 to $69.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen raised Maplebear from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, Citizens Jmp restated a “market outperform” rating and set a $60.00 target price on shares of Maplebear in a report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Maplebear has a consensus rating of “Moderate Buy” and an average price target of $51.67.

About Maplebear

Maplebear, Inc, doing business as Instacart, operates a leading online grocery and essentials marketplace that connects consumers, retail partners and personal shoppers through its digital platform. The company enables customers to order groceries, household items and specialty products for same-day or scheduled delivery, as well as in-store pickup. By integrating its technology with retailers’ existing inventory and point-of-sale systems, Maplebear streamlines the shopping experience and provides real-time availability and pricing.

Founded in 2012 and headquartered in San Francisco, Maplebear has grown from a regional startup to a publicly traded company listed on NASDAQ under the ticker CART.