Maplebear (CART) Gets a Buy from J.P. Morgan

In a report released on April 13, Doug Anmuth from J.P. Morgan maintained a Buy rating on Maplebear, with a price target of $55.00. The company’s shares closed yesterday at $39.98.

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Anmuth covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Netflix. According to TipRanks, Anmuth has an average return of 11.9% and a 57.72% success rate on recommended stocks.

In addition to J.P. Morgan, Maplebear also received a Buy from Bernstein’s Nikhil Devnani in a report issued yesterday. However, on April 6, Morgan Stanley maintained a Hold rating on Maplebear (NASDAQ: CART).

Based on Maplebear’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $992 million and a net profit of $81 million. In comparison, last year the company earned a revenue of $883 million and had a net profit of $148 million

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CART in relation to earlier this year. Most recently, in February 2026, Lily Sarafan, a Director at CART sold 3,500.00 shares for a total of $127,820.00.