CART

Consumer Cyclical

Instacart (Maplebear Inc.) · Specialty Retail · $10B

UQS Score — Balanced Preset
67.1
Good

Instacart (Maplebear Inc.) scores 67.1/100 using the Balanced preset.

UQS vs Consumer Cyclical Sector
CART
67.1
Sector avg
37.7
Quality
Good
Moat
Neutral
Growth
Neutral
Risk
Strong
Valuation
Attractive

What is Instacart (Maplebear Inc.)?

Instacart, operated by Maplebear Inc., is a leading online grocery delivery platform serving households across North America through its app and website.

Instacart connects consumers with personal shoppers who pick and deliver groceries and other household products from local retailers. Revenue comes from delivery fees, memberships, and advertising services sold to consumer packaged goods brands. The platform spans food, alcohol, pet care, health products, and ready-made meals.

Incorporated in 2012 and headquartered in San Francisco, California, Instacart has grown into one of the most recognized names in on-demand grocery delivery.

  • On-demand grocery and household delivery
  • Instacart+ membership subscription
  • Retail media and advertising platform
  • White-label fulfillment technology for retailers

Is CART a Good Stock to Buy?

UQS Score rates CART as Good overall.

The Quality and Risk pillars both register as Good, reflecting a business that manages its financial health and downside exposure reasonably well relative to peers. Valuation is rated Attractive, suggesting the market may not be fully pricing in the platform's positioning.

Both the Moat and Growth pillars sit at Neutral, indicating the competitive advantage and expansion trajectory are not yet standout strengths.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does CART pay dividends?

No — Instacart (Maplebear Inc.) does not currently pay a dividend.

CART does not currently pay a dividend. As a growth-oriented platform company, Instacart reinvests available capital into technology, retailer partnerships, and expanding its advertising business rather than returning cash to shareholders through distributions.

When does CART report earnings?

Instacart (CART) reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.

The company has been navigating a post-IPO environment where investor focus centers on advertising revenue growth and path to sustained profitability. Progress on the retail media side has been a key narrative in recent reporting periods.

For the most recent quarter's results and guidance, visit Instacart's investor relations page directly.

CART Price History

+44.3% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Instacart (Maplebear Inc.)?

$
Today it would be worth
$9,967
That's a -0.3% total return, or -0.3% annualized.

Based on Instacart (Maplebear Inc.)'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

Frequently Asked Questions

What does Instacart do?

Instacart operates an online grocery delivery marketplace that pairs consumers with personal shoppers. Orders are placed via its app or website, and shoppers fulfill them from local retail partners. The company also runs a growing advertising platform for consumer brands.

Does CART pay dividends?

No, CART does not pay a dividend at this time. The company is focused on reinvesting capital into platform growth, technology development, and its retail media business.

When does CART report earnings?

Instacart reports on a quarterly basis. For confirmed dates and the latest results, check the investor relations section of the Instacart corporate website.

Is CART a good stock to buy?

UQS Score rates CART as Good, with Attractive valuation and Good scores on Quality and Risk. The Moat and Growth pillars are Neutral, meaning the full picture requires weighing both strengths and limitations. The complete analysis is available to Pro members.

Is CART overvalued?

The UQS Valuation pillar rates CART as Attractive, suggesting the current price may offer reasonable value relative to the company's fundamentals. View the full valuation metrics with a Pro membership.

What is CART's market cap bracket?

Instacart is classified as a mid-cap stock, placing it between the largest platform companies and smaller emerging tech names in the consumer and delivery space.

Who founded Instacart?

Instacart was founded by Apoorva Mehta, along with co-founders Max Mullen and Brandon Leonardo. The company was incorporated in 2012 and is headquartered in San Francisco, California.

Is CART a long-term quality stock?

As a long-term quality indicator, CART's Good UQS Score reflects reasonable financial health and manageable risk. However, Neutral ratings on Moat and Growth suggest investors should monitor competitive dynamics and revenue expansion before drawing long-term conclusions.

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Pro Analysis

CART — Score History

5560657075Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 24 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202667.274.244.055.394.083.0-0.1
May 22, 202667.374.244.055.394.083.8+0.2
May 19, 202667.174.244.055.394.083.0-0.2
May 16, 202667.374.244.055.394.083.9-0.1
May 15, 202667.474.244.055.394.084.7+0.2
May 14, 202667.274.244.055.394.083.6-0.1
May 13, 202667.374.244.055.394.084.2+0.1
May 12, 202667.274.244.055.394.083.2+2.7
May 11, 202664.574.244.055.376.383.3+1.9
May 10, 202662.669.044.055.376.379.3-2.5

CART — Pillar Breakdown

Quality

74.2/100 (25%)

Instacart (Maplebear Inc.) shows solid profitability with healthy returns on capital and reasonable margins.

Capital Efficiency (ROIC)Moderate

How effectively capital is deployed to generate returns.

Return on EquityModerate

Profitability relative to shareholders' equity.

Operating ProfitabilityModerate

Ability to convert revenue into operating profit.

Net ProfitabilityModerate

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

55.3/100 (20%)

Instacart (Maplebear Inc.) demonstrates healthy growth trends across revenue and earnings.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRModerate

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

94.0/100 (15%)

Instacart (Maplebear Inc.) carries minimal financial risk with conservative leverage and strong solvency.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioStrong

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageStrong

Earnings capacity relative to interest payments.

Valuation

82.5/100 (15%)

Instacart (Maplebear Inc.) appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorModerate

Enterprise value multiple relative to sector median.

Moat

44/100 (25%)

Instacart (Maplebear Inc.) possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for CART.

Score Composition

Quality
74.2×25%18.6
Growth
55.3×20%11.1
Risk
94.0×15%14.1
Valuation
82.5×15%12.4
Moat
44.0×25%11.0
Total
67.1Good

Financial Data

More Stock Analysis

How is the CART UQS Score Calculated?

The UQS (Unified Quality Score) for Instacart (Maplebear Inc.) is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Instacart (Maplebear Inc.)'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Instacart (Maplebear Inc.) is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.