Citizens Raises Maplebear (CART) Price Target to $65

Citizens raised its price target for Maplebear Inc. (CART) to $65.0 from $60.0 on October 26, 2026. The firm maintained a Market Outperform rating in its research note, signaling a positive outlook on the stock's performance.

CART Maplebear Inc.

$56.44 ▲ +28.54% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Analysts Set New Price Targets

On the same day, Citizens maintained its Market Outperform rating for Maplebear, increasing its price target to $65.0. This is an improvement from the prior target of $60.0. Other analysts have also been active recently. For instance, Citigroup maintained a Buy rating with a target of $58.0 on August 10, 2026, while Argus Research also kept a Buy rating with a target of $58.0 on September 2, 2026. The average price target from analysts currently stands at $57.90, indicating that the stock is trading below this consensus level.

Other Institutional Activity in Maplebear Inc.

Several institutional investors have positions in Maplebear. For instance, LSV Asset Management grew its stake by 3,786,819 shares, ending with 4,533,815 shares valued at about $242.8 million. Meanwhile, D1 Capital Partners, LP holds 22,564,435 shares worth approximately $1.2 billion, having added 6,767 shares recently. Sc Us (ttgp), Ltd. remains steady with 27,928,385 shares valued at about $1.5 billion.

Maplebear Inc. Stock Up 9.2%

As of October 26, 2026, Maplebear shares traded at $56.44, which is approximately 5.4% above the previous closing price of $53.56. The stock is currently above its 50-day and 200-day moving averages by 17.2% and 31.6%, respectively. However, it is still below its 52-week high of $57.98, suggesting some room for growth.

Recent Earnings

Maplebear reported trailing twelve-month revenue of approximately $3.99 billion, reflecting a year-over-year revenue growth of 14.1%. The company's net margin is 12.0%, and it has a return on equity (ROE) of 16.0%. The next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Maplebear Inc.

Several insiders have recently sold shares of Maplebear. Chief Legal Officer Morgan Fong sold 18,390 shares on October 22, 2026, for about $937,934. Just a day earlier, President and CEO Chris Rogers sold 24,060 shares valued at approximately $1.32 million. Additionally, Chief Financial Officer Emily Reuter sold 50,000 shares for about $2.75 million on October 23, 2026. These transactions were all planned and occurred before the recent price target update.

About Maplebear Inc.

Maplebear Inc., operating as Instacart, is a technology and enablement partner for the grocery industry in the U.S. and internationally. The company's innovative platform connects consumers with local grocery stores, allowing for convenient online shopping and delivery services.

Bottom Line

Investors will be watching Maplebear closely as it prepares for its upcoming earnings report on November 5, 2026. The recent adjustments in analyst ratings and price targets may influence market sentiment moving forward. Keep an eye on further filings and insider activity as they could provide additional insights into the company's performance.