Maplebear Inc [NASDAQ: CART] loss -1.13% or -0.6 points to close at $52.55 with a heavy trading volume of 4222372 shares.
The daily chart for CART points out that the company has recorded 56.54% gains over the past six months.
If we look at the average trading volume of 3.87M shares, CART reached to a volume of 4222372 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $52.30 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 2.03. 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.
Seaport Research Partners have made an estimate for Maplebear Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 12, 2025. The new note on the price target was released on January 14, 2025, representing the official price target for Maplebear Inc stock. Previously, the target price had yet another raise to $55, while Mizuho analysts kept a Outperform rating on CART stock.
The Average True Range (ATR) for Maplebear Inc is set at 1.85, with the Price to Sales ratio for CART stock in the period of the last 12 months amounting to 4.09. The Price to Book ratio for the last quarter was 4.70, 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 19.31 with Quick ratio for the last quarter at 3.06.
Trading performance analysis for CART stock
Maplebear Inc [CART] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.58. With this latest performance, CART shares gained by 13.18% in over the last four-week period, additionally plugging by 56.54% over the last 6 months – not to mention a rise of 96.30% 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 68.29, with the RSI for the last a single of trading hit 70.57, and the three-weeks RSI is set at 65.86 for Maplebear Inc [CART]. The present Moving Average for the last 50 days of trading for this stock 45.70, while it was recorded at 51.40 for the last single week of trading, and 39.39 for the last 200 days.
Maplebear Inc [CART]: A deeper dive into fundamental analysis
Maplebear Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.06 and a Current Ratio set at 3.06.
An analysis of Institutional ownership at Maplebear Inc [CART]
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%.
