Maplebear Inc (CART) Downgraded to Neutral by BTIG
BTIG has downgraded Maplebear Inc (CART) to Neutral from Buy.
Maplebear Inc., doing business as Instacart, is an American delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada. The company offers its services via a website and mobile app, allowing customers to order groceries from participating retailers with the shopping being done by a personal shopper. Orders are fulfilled and delivered by a personal shopper, who picks, packs, and delivers the order within the customer's designated time frame within one hour or up to five days in advance. Customers pay with personal debit or credit cards, Google Pay, Apple Pay and EBT cards. The company went IPO on September 19th 2023.
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Last Updated: Dec 11, 2025, 11:33 PM · Source: Finnhub.io
BTIG has downgraded Maplebear Inc (CART) to Neutral from Buy.
Fong Morgan sold 409,854 shares of Maplebear Inc (CART) at $41.25 each on November 18, 2025.
Maplebear Inc (CART) exceeds Q3 earnings expectations with EPS of $0.51.