Maplebear Soars 13.99% on Strong Q2 Earnings

Generado por agente de IAAinvest Pre-Market Radar
viernes, 8 de agosto de 2025, 6:21 am ET1 min de lectura
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On August 8, 2025, MaplebearCART-- surged 13.99% in pre-market trading, marking a significant rise in its stock price.

Maplebear, the parent company of the grocery delivery platform Instacart, has seen a notable increase in its stock value following the release of its second-quarter earnings report. The company reported a year-over-year increase of 11% in revenue, reaching $914 million, which surpassed analysts' expectations of $896 million. Additionally, the adjusted EBITDA grew by 26% year-over-year to $262 million, exceeding the expected $242 million. The Gross Trade Value (GTV) also increased by 11% year-over-year to $9.081 billion, surpassing the upper limit of the guidance range. Order volume increased by 17% year-over-year to 82.7 million orders, driven by Instacart's decision to lower the minimum shopping amount for free delivery earlier this year, which has led to a continued rise in customer order frequency.

The company's positive financial performance has led to optimistic forecasts for the third quarter. Maplebear expects GTV to be between $9.0-9.15 billion, exceeding the expected $8.96 billion. Adjusted EBITDA is forecasted to be between $260-270 million, also surpassing expectations. These strong financial results and positive outlook have contributed to the significant rise in Maplebear's stock price.

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