Maplebear Inc., doing business as Instacart, is a grocery technology company in North America, works with grocers and retailers to transform how people shop. The Company partners with more than 1,500 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from more than 85,000 stores across North America on the Instacart Marketplace. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of consumer-packaged goods (CPG) brands - from category leaders to emerging brands - partner with the Company to connect directly with consumers online, right at the point of purchase. The Company, through its Instacart Health, provides tools to increase nutrition security and make healthy choices easier for consumers.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 32.42% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 371.13.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 457.00M.%!(EXTRA int=2)
Fairly Valued
The company’s latest PE is 22.21, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 250.37M shares, decreasing 11.74% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 19.21M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.54.