- Investing.com
Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California.
E-Grocery Dominance | Instacart leads the digital grocery space, capitalizing on a $1 trillion market with significant growth potential as e-grocery penetration sits at just 12% |
Financial Resilience | Explore Instacart's robust financial performance, with Q3 2024 showing 11% YoY growth in GTV and revenue, and projections for continued expansion |
Strategic Partnerships | Delve into Instacart's collaboration with Uber Eats and expansion of EBT SNAP program, driving GTV growth and broadening its customer base |
Competitive Landscape | Analysts set price targets ranging from $42 to $56, as Instacart navigates challenges from Amazon and DoorDash while leveraging its first-mover advantage |
Metrics to compare | CART | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCARTPeersSector | |
---|---|---|---|---|
P/E Ratio | 24.7x | −1.1x | 11.6x | |
PEG Ratio | 0.23 | −0.12 | 0.03 | |
Price/Book | 3.7x | 1.5x | 1.5x | |
Price / LTM Sales | 3.3x | 0.4x | 0.9x | |
Upside (Analyst Target) | 25.9% | −3.1% | 17.3% | |
Fair Value Upside | Unlock | 0.6% | 7.5% | Unlock |