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Stock of the Day: Maplebear

Maplebear
CART 90-day performance NASDAQ:CART Maplebear
Current Price
$45.00
-0.03 (-0.06%)
(As of 12/24/2025 03:25 PM ET)
30 Day Performance
6.67%
  
 
90 Day Performance
6.34%
  
 
1 Year Performance
2.73%
  
 
Market Capitalization
$11.82B
P/E Ratio
24.73
Price Target
$52.21

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. The business initially focused on serving major metropolitan areas in the United States and has since expanded its footprint across Canada, partnering with thousands of retail banners ranging from large national chains to local grocers.

Beyond consumer delivery and pickup, Maplebear offers a suite of solutions for its retail partners. Instacart Platform allows grocers to power their own white-label e-commerce experiences using Maplebear’s infrastructure, while Instacart Ads provides a targeted digital advertising marketplace. The company also offers a subscription service, Instacart+, which provides members with unlimited free deliveries on orders over a certain threshold, along with other benefits such as reduced service fees and exclusive promotions.

Under the leadership of Chief Executive Officer Fidji Simo, a former head of Meta’s family of apps, Maplebear continues to invest in product innovation and geographic expansion. The executive team remains focused on enhancing supply chain efficiencies, strengthening retailer relationships and leveraging data analytics to improve personalization and operational performance across its network.

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