Maplebear Inc [NASDAQ: CART] stock went on a downward path that fall over -2.81% on Wednesday, amounting to a one-week price decrease of less than -3.35%.
Over the last 12 months, CART stock rose by 60.85%. The one-year Maplebear Inc stock forecast points to a potential upside of 18.85. The average equity rating for CART stock is currently 2.17, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $10.68 billion, with 279.05 million shares outstanding and 162.66 million shares in the current float. Compared to the average trading volume of 3.70M shares, CART stock reached a trading volume of 6715568 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Maplebear Inc [CART]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CART shares is $51.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CART stock is a recommendation set at 2.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Maplebear Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 16, 2024. While these analysts kept the previous recommendation, Raymond James raised their target price to Mkt Perform. The new note on the price target was released on September 24, 2024, representing the official price target for Maplebear Inc stock. Previously, the target price had yet another raise to $45, while Cantor Fitzgerald analysts kept a Overweight rating on CART stock.
The Average True Range (ATR) for Maplebear Inc is set at 1.98, with the Price to Sales ratio for CART stock in the period of the last 12 months amounting to 3.24. The Price to Book ratio for the last quarter was 3.72, with the Price to Cash per share for the same quarter was set at 5.61. Price to Free Cash Flow for CART in the course of the last twelve months was 15.28 with Quick ratio for the last quarter at 3.06.
CART Stock Performance Analysis:
Maplebear Inc [CART] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.35. With this latest performance, CART shares dropped by -5.46% in over the last four-week period, additionally plugging by 26.50% over the last 6 months – not to mention a rise of 60.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CART stock in for the last two-week period is set at 42.10, with the RSI for the last a single of trading hit 37.29, and the three-weeks RSI is set at 46.11 for Maplebear Inc [CART]. The present Moving Average for the last 50 days of trading for this stock 42.56, while it was recorded at 42.04 for the last single week of trading, and 36.01 for the last 200 days.
Insight into Maplebear Inc Fundamentals:
Maplebear Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.06 and a Current Ratio set at 3.06.
CART Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CART. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Maplebear Inc go to 24.02%.
Maplebear Inc [CART] Institutonal Ownership Details
There are presently around $73.38%, or 83.48%% of CART stock, in the hands of institutional investors. The top three institutional holders of CART stocks are: SC US (TTGP), LTD. with ownership of 41.91 million shares, which is approximately 15.7831%. D1 CAPITAL PARTNERS L.P., holding 28.91 million shares of the stock with an approximate value of $$929.2 million in CART stocks shares; and D1 CAPITAL PARTNERS L.P., currently with $$354.28 million in CART stock with ownership which is approximately 4.1512%.
