J.P. Morgan Sticks to Its Buy Rating for Maplebear (CART)

J.P. Morgan analyst Doug Anmuth reiterated a Buy rating on Maplebear on February 13 and set a price target of $55.00. The company’s shares closed last Friday at $36.30.

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Anmuth covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Alphabet Class C. According to TipRanks, Anmuth has an average return of 16.4% and a 57.93% 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 on February 13. However, on the same day, BTIG maintained a Hold rating on Maplebear (NASDAQ: CART).

Based on Maplebear’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $939 million and a net profit of $144 million. In comparison, last year the company earned a revenue of $852 million and had a net profit of $118 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 November 2025, Mary Beth Laughton, a Director at CART sold 4,056.00 shares for a total of $165,160.32.