CART Stock Summary and Trading Ideas (Maplebear | NASDAQ:CART)

Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.

Maplebear trades on the NASDAQ stock market under the symbol CART.

As of March 25, 2026, CART stock price declined to $36.28 with 988,721 million shares trading.

CART has a beta of 0.53, meaning it tends to be less sensitive to market movements. CART has a correlation of 0.06 to the broad based SPY ETF.

CART has a market cap of $9.52 billion. This is considered a Mid Cap stock.

Last quarter Maplebear reported $992 million in Revenue and $.30 earnings per share. This beat revenue expectation by $21 million and missed earnings estimates by -$.21.

The top ETF exchange traded funds that CART belongs to (by Net Assets): VTI, IJH, VB, VBK, VXF.

CART has underperformed the market in the last year with a price return of -11.3% while the SPY ETF gained +15.8%. CART has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.5% and -4.5%, respectively, while the SPY returned -4.6% and -2.7%, respectively.

CART support price is $35.25 and resistance is $37.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CART shares will trade within this expected range on the day.