CART (Maplebear) Moat Score: 5/10 (As of Jun. 25, 2026)


CART Maplebear Inc CART
63 GF Score
Price $46.80
GF Value $43.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Maplebear Moat Score?

Maplebear CART +0.43% 63 Moat Score is 5 as of Jun. 25, 2026. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $43.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,122 Retail - Cyclical companies, Maplebear ranks better than 94.83% on this metric.

Maplebear has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Maplebear has Narrow Moat: Maplebear Inc, operating as Instacart, has a solid narrow moat with network effects and a strong distribution network. However, intense competition in the grocery delivery space limits its pricing power and market share.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Maplebear might have Narrow Moat - Solid narrow moat.

Maplebear  (NAS:CART) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Maplebear Moat Score Related Terms

CART vs CHWY, W, VIPS: Moat Score Comparison

For the Internet Retail subindustry, Maplebear's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Maplebear Moat Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's Moat Score distribution charts can be found below:

* The bar in red indicates where Maplebear's Moat Score falls into.


CART
63GF Score
Maplebear Inc CART
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Maplebear (CART) has a Moat Score of 5 as of Jun. 25, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Maplebear ranks #58 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 5.2%.
Is Maplebear's Moat Score too high?
Maplebear's current Moat Score is 5. Based on the distribution chart, Maplebear ranks #58 out of 1122 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's Moat Score compare to CHWY and W?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #58 out of 1122 companies for Moat Score. This places Maplebear in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Retail - Cyclical company?
A good Moat Score depends on the Retail - Cyclical industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Maplebear's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $43.43, compared to a current price of $46.80 — trading 7.8% above its estimated fair value. The current Moat Score is 5. Maplebear's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Maplebear (CART), the current Moat Score is 5 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maplebear (CART) Overvalued in 2026?

Based on GuruFocus' analysis, Maplebear stock appears to be overvalued. The current stock price of $46.80 is trading 7.8% above its estimated GF Value™ of $43.43. GuruFocus considers Maplebear to be Fairly Valued.

Key valuation signals for CART:

  • Moat Score: 5
  • GF Value™: $43.43 vs. price of $46.80 (7.8% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the CART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Maplebear Business Description

Address 50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.80
Price
$43.43
GF Value