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Instacart Parent Maplebear Upgraded to Outperform with $58 Price Target by BMO Capital Markets
ByAinvest
Thursday, Nov 13, 2025 1:20 am ET1min read
Instacart's parent company Maplebear has been upgraded to Outperform by BMO Capital Markets, with a $58 price target. The analyst notes that Instacart is growing its core customer base and diversifying its revenue streams. Despite facing competition from Amazon and Uber, the valuation looks attractive. The upgrade is a welcome reprieve for Instacart, which has had a tough 2025.
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