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Analysis
Instacart (Maplebear Inc.) (CART)
Instacart (Maplebear Inc.) (CART)
Ranking:
Buy
Implies positive momentum
Stock Name: Instacart (Maplebear Inc.)
Symbol: CART
Market Cap: $10.80B
Industry: Specialty Retail
Sector: Consumer Cyclical
Website: https://www.instacart.com
About Instacart (Maplebear Inc.)

Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. The company connects the consumer with a personal shopper to shop and deliver a range of products, such as food, alcohol, consumer health, pet care, ready-made meals, and others. The company offers its services through a mobile application or website. The company was incorporated in 2012 and is based in San Francisco, California. Please visit their website for more information.

Overview:
Last Close: $42.0
52 Week: $22.43-$48.66
MVA50: 42.29
MVA200: 35.67
RSI: 43.32
Buy/Sell*: 32.39
1-Month change: 0.12%
3-Month change: 16.98%
*Proprietary Buy Sell Volume Indicator
Price Chart For CART
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $852M
Revenue Growth (YOY): 11.52%
Profit (% of Rev): 75.23%
Income (% of Rev): 13.85%
Income Growth (YOY): -105.90%
Operating Income: $138M
Operating Cash Flow: $185M
Operating Cash Flow Growth (YoY): 66.67%
Annual Dividend Yield: 0.00%
Total Assets: $3.93B
Total Liabilities: $870M
Cash & Equivalent: $1.42B
Total Debt: $28M
Debt/Equity: 0.01
Quick Ratio: 3.06
Current Ratio: 3.06
Price/Book: 3.68
Price/Earnings: 22.41
EBITDA: $138M
EPS: 0.45
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

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