
Shares of online grocery delivery firm Instacart CART.O, formally known as Maplebear, rises ~14% to $37.95 after the bell
Co forecasts current-quarter gross transaction value (GTV) and core profit above expectations
Also beats fourth-quarter estimates, helped by strong demand for essentials on its online delivery platform and rising advertising revenue
Expects Q1 GTV between $10.13 billion and $10.28 billion, topping analysts' average estimate of $9.95 billion- data compiled by LSEG
Sees adjusted EBITDA for the current quarter between $280 million and $290 million, compared with analysts' expectations of $279.5 million
In Q4, GTV rises 14% to $9.85 billion, beating estimates of $9.5 billion
Reports quarterly adjusted core profit of $303 million, above estimates of $292.2 million
Stock rose 8.5% in 2025