12 Month Price Forecast For IBTA
Distance to IBTA Price Forecasts
IBTA Price Momentum
🤔 Considering Ibotta (IBTA)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 15, 2025 4:10 PM UTC
IBTA Analyst Ratings & Price Targets
Based on our analysis of 10 Wall Street analysts, IBTA has a bullish consensus with a median price target of $85.00 (ranging from $65.00 to $97.00). Currently trading at $73.89, the median forecast implies a 15.0% upside. This outlook is supported by 8 Buy, 1 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Chris Kuntarich at UBS, suggesting a 12.0% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
IBTA Analyst Consensus
IBTA Price Target Range
Latest IBTA Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for IBTA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 27, 2025 | JMP Securities | Aaron Kimson | Market Outperform | Reiterates | $85.00 |
| Nov 14, 2024 | UBS | Chris Kuntarich | Neutral | Downgrade | $65.00 |
| Nov 14, 2024 | Wells Fargo | Ken Gawrelski | Overweight | Maintains | $86.00 |
| Nov 14, 2024 | JMP Securities | Andrew Boone | Market Outperform | Maintains | $85.00 |
| Nov 14, 2024 | Needham | Bernie McTernan | Buy | Maintains | $80.00 |
| Oct 29, 2024 | Raymond James | Andrew Marok | Outperform | Maintains | $85.00 |
| Oct 28, 2024 | Wells Fargo | Ken Gawrelski | Overweight | Maintains | $95.00 |
| Oct 14, 2024 | Goldman Sachs | Eric Sheridan | Buy | Upgrade | $87.00 |
| Aug 14, 2024 | B of A Securities | Curtis Nagle | Buy | Maintains | $110.00 |
| Aug 14, 2024 | JMP Securities | Andrew Boone | Market Outperform | Maintains | $111.00 |
| Aug 14, 2024 | Raymond James | Andrew Marok | Outperform | Maintains | $75.00 |
| Aug 14, 2024 | Citigroup | Ronald Josey | Buy | Maintains | $95.00 |
| Aug 14, 2024 | Needham | Bernie McTernan | Buy | Maintains | $100.00 |
| Aug 14, 2024 | Wells Fargo | Ken Gawrelski | Overweight | Maintains | $85.00 |
| Aug 14, 2024 | Evercore ISI Group | Mark Mahaney | Outperform | Maintains | $114.00 |
| Aug 14, 2024 | Goldman Sachs | Eric Sheridan | Neutral | Maintains | $87.00 |
| Jul 8, 2024 | Wells Fargo | Ken Gawrelski | Overweight | Maintains | $105.00 |
| May 31, 2024 | Needham | Bernie McTernan | Buy | Reiterates | $125.00 |
| May 31, 2024 | UBS | Chris Kuntarich | Buy | Maintains | $129.00 |
| May 31, 2024 | JMP Securities | Andrew Boone | Market Outperform | Reiterates | $130.00 |
Stocks Similar to Ibotta, Inc.
The following stocks are similar to Ibotta based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Ibotta, Inc. (IBTA) Financial Data
Ibotta, Inc. has a market capitalization of $2.03B with a P/E ratio of 199.7x. The company generates $368.55M in trailing twelve-month revenue with a 3.0% profit margin.
Revenue growth is +15.6% quarter-over-quarter, while maintaining an operating margin of +21.0% and return on equity of +136.5%.
Valuation Metrics
Growth & Margins
Financial Health
🔥 Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.
Ibotta, Inc. (IBTA) Company Overview
About Ibotta, Inc.
Offers digital promotions for consumer brands.
Ibotta, Inc. generates revenue by providing its Ibotta Performance Network (IPN) services to consumer packaged goods brands, enabling them to deliver targeted digital promotions to consumers. It partners with publishers, retailers, and advertisers, facilitating marketing campaigns that drive sales and consumer engagement.
Founded in 2011 and based in Denver, Colorado, Ibotta was previously known as Zing Enterprises, Inc. The company has established itself in the digital marketing space, leveraging technology to optimize promotional strategies for its clients.
Company Information
Sector
Technology
Industry
Software - Application
Employees
857
CEO
Mr. Bryan W. Leach
Country
United States
IPO Year
N/A
Website
www.ibotta.comIbotta, Inc. (IBTA) Latest News & Analysis
Ibotta (NYSE: IBTA) will report Q4 2024 financial results on February 26, 2025, after market close, followed by a conference call at 2:30 p.m. MT/4:30 p.m. ET.
Ibotta's upcoming financial results and management conference call are key indicators for future performance, impacting stock valuation and investor sentiment in the digital promotions sector.
Ibotta Inc. (IBTA) receives a buy rating, focusing on its strategic shift to 3P partnerships, enhancing audience reach and revenue while lowering acquisition costs, with Walmart as a growth driver.
Ibotta's shift to 3P partnerships enhances revenue potential and lowers costs, driving profitability. Walmart's involvement bolsters growth prospects, making IBTA a strong investment opportunity.
Ibotta and DoorDash have formed a multi-year strategic partnership to offer DoorDash customers access to Ibotta's digital promotions, enhancing savings on purchases.
The partnership enhances customer engagement for both Ibotta and DoorDash, potentially increasing sales, market share, and profitability, which can positively impact their stock performance.
Ibotta, Inc. (NYSE: IBTA) has appointed Chris Riedy as Chief Revenue Officer, effective January 13, 2025, reporting to CEO Bryan Leach and joining the Senior Leadership Team.
The appointment of Chris Riedy as CRO may signal strategic growth initiatives for Ibotta, potentially impacting revenue and stock performance ahead of his start date.
Ibotta: A Story Worth Keeping An Eye On
2 months agoIbotta's stock rose 20% after strong Q3 results. The company announced a $100 million share buyback, indicating confidence in its growth and balance sheet.
Ibotta's 20% stock rebound post-Q3 results and a $100 million share buyback signal strong financial health and growth prospects, attracting investor interest in potential long-term gains.
Investors are comparing Parsons (PSN) and Ibotta (IBTA) within the Technology Services sector to determine which stock presents better value opportunities.
The comparison of Parsons and Ibotta highlights potential investment opportunities in the Technology Services sector, guiding value investors in making informed decisions.
Frequently Asked Questions About IBTA Stock
What is Ibotta, Inc.'s (IBTA) stock forecast for 2025?
Based on our analysis of 10 Wall Street analysts, Ibotta, Inc. (IBTA) has a median price target of $85.00. The highest price target is $97.00 and the lowest is $65.00.
Is IBTA stock a good investment in 2025?
According to current analyst ratings, IBTA has 8 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $73.89. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for IBTA stock?
Wall Street analysts predict IBTA stock could reach $85.00 in the next 12 months. This represents a 15.0% increase from the current price of $73.89. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Ibotta, Inc.'s business model?
Ibotta, Inc. generates revenue by providing its Ibotta Performance Network (IPN) services to consumer packaged goods brands, enabling them to deliver targeted digital promotions to consumers. It partners with publishers, retailers, and advertisers, facilitating marketing campaigns that drive sales and consumer engagement.
What is the highest forecasted price for IBTA Ibotta, Inc.?
The highest price target for IBTA is $97.00 from at , which represents a 31.3% increase from the current price of $73.89.
What is the lowest forecasted price for IBTA Ibotta, Inc.?
The lowest price target for IBTA is $65.00 from Chris Kuntarich at UBS, which represents a -12.0% decrease from the current price of $73.89.
What is the overall IBTA consensus from analysts for Ibotta, Inc.?
The overall analyst consensus for IBTA is bullish. Out of 10 Wall Street analysts, 8 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $85.00.
How accurate are IBTA stock price projections?
Stock price projections, including those for Ibotta, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
