Ibotta, Inc. (IBTA)
| Market Cap | 1.92B |
| Revenue (ttm) | 344.67M |
| Net Income (ttm) | 51.70M |
| Shares Out | 27.31M |
| EPS (ttm) | 1.89 |
| PE Ratio | 37.18 |
| Forward PE | 111.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 84,409 |
| Open | 71.54 |
| Previous Close | 71.69 |
| Day's Range | 68.02 - 72.82 |
| 52-Week Range | 65.17 - 110.95 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 122.78 (+74.45%) |
| Earnings Date | Aug 15, 2024 |
About IBTA
Ibotta, Inc. operates as a technology company that offers Ibotta Performance Network (IPN) that allows consumer packaged goods brands to deliver digital promotions to consumers. It offers promotional services to publishers, retailers, and advertisers through the IPN. The company was formerly known as Zing Enterprises, Inc. and changed its name to Ibotta, Inc. in 2012. The company was incorporated in 2011 and is based in Denver, Colorado. [Read more]
Analyst Forecast
According to 9 analysts, the average rating for IBTA stock is "Strong Buy." The 12-month stock price forecast is $122.78, which is an increase of 74.45% from the latest price.
News
Ibotta CEO: Major brands are shifting to us so consumers don't shift to private label brands
Bryan Leach, Ibotta CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, if the economy's in a weaker consumer environment, and much more.
Ibotta Reports First Quarter 2024 Financial Results
Grew revenue by 43% year-over-year to $82.3 million and non-GAAP revenue by 46% Delivered net income of $9.3 million, representing net income as a percent of revenue of 11%, and Adjusted EBITDA of $22...
Schnucks to Join Ibotta Performance Network, Collaborate with Ibotta to Reimagine the Future of Grocery Shopping for Consumers
Ibotta to make thousands of new product offers available to customers of one of the largest privately held supermarket chains in the US Ibotta to make thousands of new product offers available to cust...
Ibotta Appoints Stephen Bailey to Board of Directors and Shalin Patel as new Head of Investor Relations
DENVER, May 07, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today two recent appointmen...
Ibotta To Announce First Quarter 2024 Financial Results on May 30, 2024
DENVER, May 02, 2024 (GLOBE NEWSWIRE) -- Ibotta (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that it will report first q...
Ibotta Announces Full Exercise of Underwriters' Option to Purchase Additional Shares in Initial Public Offering
DENVER, April 25, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that in connection ...
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut
Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per share Wednesday (April 17), Axios ...
Shares of Walmart-backed Ibotta soar 23% on public debut
Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 23% in its Wall Street debut on the New ...
Walmart-Backed Ibotta Soars Over 18% After IPO
Tech marketing firm Ibotta's stock rocketed Thursday following its public debut, blowing past its offering price one day after the Walmart-backed company raised $577.3 million for its IPO.
Ibotta CEO: Perfect Time to Go Public
Ibotta CEO Bryan Leach joins Ed Ludlow and Caroline Hyde on the company's IPO day to discuss why they are going public now, and to shed light on their relationship with Walmart. He speaks on "Bloomber...
Ibotta's IPO opens sharply higher, hinting at warming public-market interest in tech shares
Ibotta began it's path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share.
Walmart-backed Ibotta valued at $3.55 billion in robust market debut
Digital marketing firm Ibotta notched a valuation of $3.55 billion in its market debut on Thursday, after shares of the Walmart-backed company jumped 33% at open on the NYSE.
Ibotta CEO Bryan Leach on going public
Bryan Leach, Ibotta founder and CEO, joins 'Money Movers' to discuss Ibotta's public launch, the company's mission, and how dependent the company is on Walmart.
Ibotta IPO: Stock price closely watched today as Walmart-backed marketing platform lists on NYSE
Today, another tech company is going public. This time it's Ibotta Inc, a digital marketing platform that offers cash-back rewards when customers shop in a retail store or via that retailer's app.
Ibotta's IPO prices above range at $88 a share to raise $577 million
Ibotta, a digital marketing platform that allows consumer packaged goods companies to offer promotions to customers through a network of publishers, said its initial public offering priced at $88 a sh...
Walmart-backed Ibotta targets up to $2.7 bln valuation in US IPO
Walmart -backed digital marketing company Ibotta will likely raise $577.3 million at a valuation of $2.67 billion, after pricing its initial public offering on Wednesday.
Ibotta IPO Reportedly Raises $577 Million—Above Marketed Range
Walmart-backed tech marketing firm Ibotta and shareholders raised about $577.3 million in an initial public offering, according to Bloomberg, pricing the IPO above its estimated range.
Ibotta Increases IPO Goal to $551 Million
Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO).
Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned ...
What You Need To Know About Walmart-Backed Ibotta's IPO Plan
Ibotta, a performance marketing platform, aims to raise up to $472.5 million in its upcoming initial public offering (IPO), joining Reddit (RDDT), Astera Labs (ALAB), and Microsoft (MSFT)-backed Rubri...
Digital marketing platform Ibotta launches IPO at a valuation of up to $2.7 billion
Ibotta, a digital marketing platform that allows consumer packaged goods companies to offer promotions to customers through a network of publishers, launched its initial public offering on Monday with...
Ibotta's expansion into enterprise should set it up for a successful IPO
Ibotta's recent partnerships with brands like Walmart, Shell and Exxon helped the company reach profitability.
Ibotta Files for IPO, Plans to List on NYSE
Ibotta has filed a registration statement for its proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC).
Digital rewards company Ibotta files for IPO
Ibotta, a Denver-based provider of cash-back rewards programs, has filed for an initial public offering on the New York Stock Exchange...
Walmart-backed tech firm Ibotta files for US IPO
Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a filing on Friday.