Latest news with #Maplebear
Yahoo
3 days ago
- Business
- Yahoo
Maplebear Inc. (CART) Rated as Outperform at Citizens JMP amid Growing Shoppers Order Density
Maplebear Inc. (NASDAQ:CART) is one of the top e-commerce stocks with long-term potential. On June 12, Citizens JMP reiterated an 'Outperform' rating and a $55 price target on the stock. According to the analyst, investors are underappreciating the company's order density as a key factor enabling positive unit economics. A delivery truck filled with grocery items heading to a local school. According to Citizens, JMP, Instacart is sending shoppers to large-format stores approximately 14 times a day, affirming a booming business. The high frequency, combined with a 2- to 3-hour delivery window, has enabled the company to batch multiple orders together. Consequently, Instacart has started batching priority orders to achieve greater efficiency. While Instacart stands to generate more revenues and profits from larger orders, the company's scale provides valuable flexibility. Maplebear Inc. (NASDAQ:CART) is a grocery delivery and pick-up service that connects customers with personal shoppers who purchase and deliver groceries and other items from local stores. Customers can order through the Instacart app or website, and shoppers will pick up the items from the selected stores and deliver them to the customer's doorstep. While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
Instacart, Pinterest Partner to Enhance Ad Targeting, Shoppability for Retailers
Maplebear Inc. (NASDAQ:CART) is one of the best new stocks to buy now. On June 17, Pinterest Inc. (NYSE:PINS) and Maplebear, which is more commonly called Instacart, announced a new partnership designed to enhance ad targeting for retailers and streamline the shopping experience for Pinterest users. The collaboration will allow advertisers on Pinterest to target their ads more precisely by using Instacart's first-party engagement data. In the initial phase of the partnership, selected brands advertising on Pinterest will gain access to Instacart's audience segments. A subsequent phase is expected to introduce closed-loop measurement, which will connect Pinterest ad campaigns directly to actual product sales across the Instacart Marketplace. People strolling through a grocery-anchored shopping center. This integration is valuable for food, recipe-related brands, and Consumer Packaged Goods/CPG companies. Instacart collaborates with 1,800+ national, regional, and local retailers from ~100,000 stores across North America. The partnership also includes the direct shoppability of Pinterest ads via the Instacart platform. Maplebear Inc. (NASDAQ:CART) provides online grocery shopping services to households in North America. Pinterest Inc. (NYSE:PINS) is a visual search and discovery platform. While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-06-2025
- Business
- Yahoo
Instacart Gains Momentum With AI and Social Media Partnerships, Says Citizens JMP
Maplebear Inc. (NASDAQ:CART) is one of the best consumer cyclical stocks to buy. On June 23, Citizens JMP maintained its price target of $55 on Maplebear Inc. (NASDAQ:CART) alongside a Market Outperform rating. Instacart's recent delivery service collaborations with YouTube, TikTok, and OpenAI were noted by the research firm as significant factors in its analysis. According to Citizens JMP, Maplebear Inc. (NASDAQ:CART) is establishing itself as the grocery supplier for 'next-generation consumer product discovery surfaces,' including social media and search engines driven by artificial intelligence. One of Instacart's key advantages, according to the firm, is its 'tendency to be a first mover' in the industry. With a reported 14% increase in IC+ membership growth year over year, Maplebear Inc. (NASDAQ:CART) has been performing well lately. Advertising revenue has been on the rise, and the company's $10 threshold for free delivery has been beneficial in generating further orders. Maplebear Inc. (NASDAQ:CART), also known as Instacart, provides a grocery delivery platform that is well-known throughout the United States, with over 600,000 drivers and a network of about 8 million monthly active customers. While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
27-06-2025
- Business
- Yahoo
Are Retail-Wholesale Stocks Lagging Maplebear Inc. (CART) This Year?
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Maplebear (CART) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Maplebear is one of 209 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Maplebear is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CART's full-year earnings has moved 7.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, CART has gained about 4.6% so far this year. In comparison, Retail-Wholesale companies have returned an average of 2.1%. As we can see, Maplebear is performing better than its sector in the calendar year. Another stock in the Retail-Wholesale sector, Prosus N.V. Sponsored ADR (PROSY), has outperformed the sector so far this year. The stock's year-to-date return is 40.2%. In Prosus N.V. Sponsored ADR's case, the consensus EPS estimate for the current year increased 0.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Maplebear is a member of the Internet - Commerce industry, which includes 38 individual companies and currently sits at #64 in the Zacks Industry Rank. On average, stocks in this group have gained 3.9% this year, meaning that CART is performing better in terms of year-to-date returns. Prosus N.V. Sponsored ADR is also part of the same industry. Investors with an interest in Retail-Wholesale stocks should continue to track Maplebear and Prosus N.V. Sponsored ADR. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Maplebear Inc. (CART) : Free Stock Analysis Report Prosus N.V. Sponsored ADR (PROSY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
29-05-2025
- Business
- Yahoo
Here's Why Maplebear (CART) is a Great Momentum Stock to Buy
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Maplebear (CART), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Maplebear currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if CART is a promising momentum pick, let's examine some Momentum Style elements to see if this operator of the Instacart grocery delivery service holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For CART, shares are up 2.91% over the past week while the Zacks Internet - Commerce industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 17.87% compares favorably with the industry's 8.4% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Maplebear have increased 21.84% over the past quarter, and have gained 52.07% in the last year. On the other hand, the S&P 500 has only moved -0.81% and 12.32%, respectively. Investors should also pay attention to CART's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. CART is currently averaging 4,581,467 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with CART. Over the past two months, 10 earnings estimates moved higher compared to 1 lower for the full year. These revisions helped boost CART's consensus estimate, increasing from $1.61 to $1.70 in the past 60 days. Looking at the next fiscal year, 8 estimates have moved upwards while there have been 3 downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that CART is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Maplebear on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Maplebear Inc. (CART) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
