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.
Market Dominance | Instacart's 85% coverage of the U.S. grocery market and partnerships with 1,400 retail banners solidify its position as the e-grocery leade |
Financial Health | Explore Instacart's impressive 75.38% gross profit margin and robust liquidity, indicating strong financial performance and operational efficiency |
Growth Trajectory | Delve into Instacart's strategies to capitalize on the projected 12% CAGR in online grocery, including advertising expansion and strategic partnerships |
Competitive Landscape | Analyst targets range from $37 to $60 per share as Instacart navigates challenges from well-funded rivals and pricing pressures in a dynamic market |
Metrics to compare | CART | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCARTPeersSector | |
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P/E Ratio | 27.4x | −6.1x | 11.7x | |
PEG Ratio | 0.25 | −0.09 | 0.03 | |
Price/Book | 4.1x | 1.2x | 1.5x | |
Price / LTM Sales | 3.6x | 0.3x | 0.9x | |
Upside (Analyst Target) | 15.5% | 5.1% | 22.7% | |
Fair Value Upside | Unlock | 6.1% | 8.9% | Unlock |