We recently compiled a list of the Why These 15 Retail Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where Maplebear Inc (NASDAQ:CART) stands against the other retail stocks.
The retail industry in 2025 has been doing surprisingly well. Growth has started to accelerate for many companies and AI is allowing a lot more efficiency in the supply chain. The macros have also cooperated with the retail industry as the strong labor market with positive wage growth has pushed more consumer spending.
Retailers are capitalizing on this by expanding into new markets and spending more on AI-powered supply chains and checkout systems. Plus, there’s chatter of interest rates coming down this year, especially with pressure from the Trump administration. This could boost the sector even more.
The convergence of these factors has created fertile ground for retail stocks. It is worth looking into those that have performed the best so far this year, as the market has rewarded these companies for good reasons.
Methodology
For this article, I screened the top-performing retail stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
A busy grocery store aisle stocked with the company’s weight management products.
Maplebear Inc (NASDAQ:CART)
Number of Hedge Fund Holders In Q3 2024: 55
Maplebear Inc (NASDAQ:CART) operates as Instacart. The company provides online grocery delivery services.
The stock has delivered solid gains so far this year as the e-commerce sector has gained a lot of confidence. Q3 2024 earnings beat analyst expectations with $0.45 in EPS vs. a $20.86 loss in Q3 2023. Revenue grew 11.5% year-over-year to $852 million and also beat estimates.
Maplebear has $1.31 billion in cash reserves and no debt, plus management expects the growth to continue, with 8 to 10% growth in gross transaction value. The online grocery market is still pretty underpenetrated, so there’s a lot of room for growth.
The consensus price target of $48.96 implies 0.51% downside.
CART stock is up 18.81% year-to-date.
Overall CART ranks 9th on our list of the retail stocks that are skyrocketing so far in 2025. While we acknowledge the potential of CART as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CART but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article was originally published at Insider Monkey.
