
58.21 USD (+28.8%)
28 analysts
What does it do?
Maplebear (CART), known for its Instacart platform, operates a grocery delivery marketplace in the US and Canada, connecting consumers with retailers through its app.
Key points
from its scores- ✓Good share-price trend8.5
- ✓High-quality business8.4
- ✓Very solid balance sheet7.9
- ✕Little or no dividend1.5
AI analysis
bottom line, main risk, context and newsThe strong cash position and return on invested capital are attractive, but the current P/E and elevated PEG limit near-term upside potential.
Maplebear has a solid balance sheet (net cash, DN/EBITDA -1.31), high profitability (ROIC 23.46%) and strong gross margins (72.58%), with 14.10% revenue growth and an attractive forward P/E of 9.23, although its current P/E (24.70) and PEG (1.84) suggest growth is already partially priced in.
Dependence on a high-volume, low-margin business model in the competitive grocery delivery market, where pricing pressure and competition from players like Amazon and Walmart could erode its share and profitability.
Context and risks
Maplebear operates in the online grocery e-commerce space in the US and Canada, with a healthy balance sheet and no material exposure to commodities, interest rates, or shipping routes. The current macro context does not materially affect its business.
Is Maplebear stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 39% above the Consumer Cyclical median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 24.7 | 17.8 | +38% |
| EV / EBITDA | 15.8 | 11.2 | +40% |
| Price / book | 4.5 | 2.9 | +58% |
| Price / sales | 2.7 | 1.3 | +114% |
Sector: median of the 228 Consumer Cyclical companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.6 out of 10 (median for Consumer Cyclical: 6.6).
Average analyst target: 58.21 USD, +28.8% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 8.4 (sector 5.7), Growth 6.7 (sector 5.9).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Consumer Cyclical medianValuation
- P/E
- 24.7
- Forward P/E
- 9.2
- EV / EBITDA
- 15.8
- Price / book
- 4.5
- Price / sales
- 2.7
- PEG
- 1.84
- Market cap
- 10.7B USD
- Enterprise value
- 9.9B USD
Profitability
- ROE
- 16.0%
- ROA
- 9.4%
- ROIC (approx.)
- 23.5%
- Gross margin
- 72.6%
- Operating margin
- 14.1%
- Net margin
- 12.0%
- Free cash flow
- 917.9M USD
- FCF yield
- 8.6%
- Cash conversion
- 147%
Solvency
- Total debt
- 34.0M USD
- Net debt
- −816.0M USD
- Cash
- 850.0M USD
- EBITDA
- 625.0M USD
- Net debt / EBITDA
- −1.31
- Debt / equity
- 1.35
- Current ratio
- 2.28
- Quick ratio
- 1.97
Growth
- Revenue growth
- +14.1%
- Earnings growth
- +8.1%
- EPS (TTM)
- 1.83 USD
- EPS (forward)
- 4.90 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 0.87
- Analyst consensus
- Buy (28)
- Target price
- 58.21 USD
- 52-week range
- 32.73 – 52.68
Recent news
All CART news →Compare it with its sector
All 228 in Consumer Cyclical →Frequently asked questions about Maplebear
Is Maplebear stock cheap or expensive?
On P/E and EV / EBITDA, it trades 39% above the Consumer Cyclical median on average. Valuation score: 6.6 out of 10 (median for Consumer Cyclical: 6.6). Average analyst target: 58.21 USD, +28.8% versus the price. This is not investment advice.
What score does Maplebear get on MeridIAn Screener?
It scores 7.1 out of 10, rank 156 of 2,130 (better than 91% of the companies analysed). Its strongest category is Momentum (8.5) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
What is Maplebear's P/E ratio?
Its P/E is 24.7: the share price equals 24.7 times earnings per share over the last 12 months. The Consumer Cyclical median is 17.8. Based on the earnings analysts expect, the forward P/E is 9.2.
How much is Maplebear worth on the stock market?
Its market capitalisation is 10.7B USD and its enterprise value, debt included, is 9.9B USD.
How much debt does Maplebear have?
It has more cash than debt: net cash of 816.0M USD.
Does Maplebear pay a dividend?
It pays no dividend, or almost none.
How has Maplebear stock performed over the last year?
It has risen 18.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 32.73 and 52.68 USD. Past performance does not guarantee future results.
What do analysts think of Maplebear?
28 analysts cover it; their average recommendation is “Buy” and their average target is 58.21 USD (+28.8% versus the price). It is an estimate, not market data.
