Maplebear Inc
CART: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &$ | LOCK|B^ | LOCK|?>&ktrG |
Instacart Earnings: Continued Momentum Overshadowed by Agreement to Be Acquired by DoorDash
Instacart reported a 17% rise in third-quarter revenue to $1.1 billion, fueled by higher order volume and advertising. Adjusted EBITDA climbed 23%, but high stock-based compensation limited reported net income growth. The firm announced plans to be acquired by DoorDash for $17 billion.
