Goldman Sachs Remains a Buy on Maplebear (CART)
In a report released yesterday, Eric Sheridan from Goldman Sachs reiterated a Buy rating on Maplebear, with a price target of $66.00.
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Sheridan covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and ZipRecruiter. According to TipRanks, Sheridan has an average return of 4.8% and a 49.29% success rate on recommended stocks.
In addition to Goldman Sachs, Maplebear also received a Buy from Jefferies’s John Colantuoni in a report issued on May 7. However, on the same day, Mizuho Securities maintained a Hold rating on Maplebear (NASDAQ: CART).
Based on Maplebear’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.02 billion and a net profit of $144 million. In comparison, last year the company earned a revenue of $897 million and had a net profit of $106 million
Based on the recent corporate insider activity of 61 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.
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