Equity Profile

CART

Maplebear Inc.

Consumer StaplesFood Retail$11.6B

Apr29Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Maplebear Inc. (CART) operates in the consumer staples sector, focusing on food retail....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth is critical for understanding how well Maplebear is capturing market share and responding to consumer demand.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

CART Q2-2026 Earnings Preview

Context

Company Snapshot

Maplebear Inc. (CART) operates in the consumer staples sector, focusing on food retail. As a significant player in the grocery market, its performance can reflect broader consumer spending trends and economic conditions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+19.45%

Avg Stock Reaction

-0.16%

Last Quarter Recap

In Q1 2026, Maplebear reported an EPS of $0.57, slightly below the estimate of $0.58, resulting in an 8.18% drop in stock price the following day. The company has faced challenges in meeting earnings expectations recently.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Maplebear's upcoming earnings, given its history of beating estimates. However, recent performance raises concerns about its ability to sustain growth.

Bull Case

If Maplebear can exceed EPS expectations and show strong revenue growth, it could signal a rebound in consumer spending and confidence in the brand.

Bear Case

Conversely, if the company misses expectations again, it may indicate deeper issues with its business model or market conditions, leading to further stock declines.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Maplebear report an EPS above $0.58?

This is crucial as it would indicate a recovery in profitability and could positively influence investor sentiment.

What is the revenue growth rate compared to last year?

Understanding revenue growth will help assess the company's ability to attract and retain customers in a competitive market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of recent consumer trends that favor grocery shopping, which could benefit Maplebear more than anticipated.

Supporting Evidence

Despite recent misses, Maplebear has a history of recovering quickly after earnings disappointments.

Options pricing suggests higher volatility, indicating that investors are bracing for a significant shift in sentiment.

The company's strategic initiatives may not yet be fully reflected in current earnings expectations.

Key Risk

If revenue growth exceeds expectations, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Maplebear can turn around its recent performance and regain investor confidence.

Bull Confirmed If

An EPS of $0.60 or higher would confirm the bull case and suggest a strong recovery.

Bear Confirmed If

An EPS below $0.55 would support the bear case, indicating ongoing struggles.

Pre-Earnings Positioning

Options Market

Implied Move

±2.62%

Historical Avg

±2.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings report.

Options are pricing ±2.6% while CART has averaged ±2.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

49.5%

Calls (18K)P/C Ratio: 1.11Puts (33K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Maplebear beats expectations, history suggests a potential stock increase of around 1.24%, confirming a positive turnaround.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a drop of about 2.49%, reflecting ongoing concerns about the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition strategies and their effectiveness.
2Insights into supply chain management and how it affects pricing.
3Details on competition and market share changes.
4Management's outlook on consumer spending trends for the upcoming quarter.

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Company Snapshot

Maplebear Inc. (CART) operates in the consumer staples sector, focusing on food retail....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth is critical for understanding how well Maplebear is capturing market share and responding to consumer demand.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

CART Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+19.45%

Avg Stock Reaction

-0.16%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Maplebear's upcoming earnings, given its history of beating estimates. However, recent performance raises concerns about its ability to sustain growth.

Bull Case

If Maplebear can exceed EPS expectations and show strong revenue growth, it could signal a rebound in consumer spending and confidence in the brand.

Bear Case

Conversely, if the company misses expectations again, it may indicate deeper issues with its business model or market conditions, leading to further stock declines.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Maplebear report an EPS above $0.58?

This is crucial as it would indicate a recovery in profitability and could positively influence investor sentiment.

What is the revenue growth rate compared to last year?

Understanding revenue growth will help assess the company's ability to attract and retain customers in a competitive market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of recent consumer trends that favor grocery shopping, which could benefit Maplebear more than anticipated.

Supporting Evidence

Despite recent misses, Maplebear has a history of recovering quickly after earnings disappointments.

Options pricing suggests higher volatility, indicating that investors are bracing for a significant shift in sentiment.

The company's strategic initiatives may not yet be fully reflected in current earnings expectations.

Key Risk

If revenue growth exceeds expectations, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Maplebear can turn around its recent performance and regain investor confidence.

Bull Confirmed If

An EPS of $0.60 or higher would confirm the bull case and suggest a strong recovery.

Bear Confirmed If

An EPS below $0.55 would support the bear case, indicating ongoing struggles.

Pre-Earnings Positioning

Options Market

Implied Move

±2.62%

Historical Avg

±2.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings report.

Options are pricing ±2.6% while CART has averaged ±2.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

49.5%

Calls (18K)P/C Ratio: 1.11Puts (33K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Maplebear beats expectations, history suggests a potential stock increase of around 1.24%, confirming a positive turnaround.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a drop of about 2.49%, reflecting ongoing concerns about the company's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition strategies and their effectiveness.
2Insights into supply chain management and how it affects pricing.
3Details on competition and market share changes.
4Management's outlook on consumer spending trends for the upcoming quarter.