---
title: "Research Alert: CFRA Maintains Buy Opinion On Shares Of Maplebear Inc."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285592114.md"
description: "CFRA maintains a Buy opinion on Maplebear Inc., raising the 12-month target by $6 to $54 based on a 9.0x EV/EBITDA multiple. The 2026 adjusted EBITDA estimate is lifted to $1,324M, with EPS estimates for 2026 and 2027 also increased. Despite a strong start in 2026 and significant ad revenue growth, shares are trading lower due to limited margin expansion guidance. CFRA believes the shares are undervalued and maintains a positive outlook."
datetime: "2026-05-07T17:00:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285592114.md)
  - [en](https://longbridge.com/en/news/285592114.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285592114.md)
---

# Research Alert: CFRA Maintains Buy Opinion On Shares Of Maplebear Inc.

01:00 PM EDT, 05/07/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target by $6 to $54, based on an unchanged 9.0x EV/EBITDA multiple applied to our raised 2026 adj-EBITDA estimate of $1,324M (from $1,299M). We lift our 2026 EPS to $4.38 from $4.16 and 2027 to $5.57 from $4.89. CART is off to a strong start in 2026, with quarterly GTV surpassing $10B for the first time this past quarter. Additionally, ad revenue growth of 16% marked the fastest pace in over two years. The Q2 GTV guide implies another quarter of double-digit Y/Y growth, which we view as strong. However, we believe the shares are trading lower today due to the Q2 adj-EBITDA guide, which implies limited margin expansion. We wouldn't place too much focus on the adj-EBITDA guide, as CART has historically beaten the top end of its guidance range. Moreover, given the company's steep margin expansion over the past few years, a deceleration is inevitable at some point. We maintain our Buy rating, viewing the shares as trading at a deep discount.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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