Is Maplebear Inc. (CART) overvalued? · P/E 32, rev $3.38B
Maplebear Inc. (CART) is a internet retail company listed on US.
This page asks whether Maplebear Inc. (CART) looks expensive on cached numbers — not a short thesis.
Latest reported CART revenue for 2024-12-31 was $3.38B. Net income was $457.0M. Revenue was up 11.0% from 2023-12-31 to 2024-12-31. CART currently screens at market cap $12.70B and trailing P/E 32.0.
CART currently screens at market cap $12.70B and trailing P/E 32.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next CART 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the CART stock page for the full model, not this heading.
Not investment advice.