Added to YB: 2026-01-19
Pitch date: 2025-11-16
CART [bullish]
Maplebear Inc.
-3.07%
current return
Author Info
No bio for this author
Company Info
Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.
Market Cap
$10.7B
Pitch Price
$40.66
Price Target
80.00 (+103%)
Dividend
N/A
EV/EBITDA
15.19
P/E
22.52
EV/Sales
2.52
Sector
Consumer Staples Distribution and Retail
Category
growth
Maplebear Inc. - $CART
CART: Largest US digital grocery player (24% share) in underpenetrated category (13% vs 40% electronics). Down 30% on AMZN threat despite 10% rev/20% op income growth. Trades 20x 2025E EPS w/ $6/share net cash. New CEO Rogers from Apple/P&G. 7.3% take rate + 2.9% ad rev from $50B CPG market. 25% boost in sales for advertisers. Target: $80 (100% upside) on 25x 2028E $3 EPS. Risk: customer acquisition costs vs larger competitors.
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