Ibotta, Inc. (IBTA)
NYSE: IBTA · IEX Real-Time Price · USD
64.64
-2.05 (-3.07%)
At close: Jul 19, 2024, 4:00 PM
64.63
-0.01 (-0.02%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Ibotta Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Ibotta stock have an average target of 119.89, with a low estimate of 103 and a high estimate of 130. The average target predicts an increase of 85.47% from the current stock price of 64.64.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Ibotta stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 |
|---|---|---|
| Strong Buy | 4 | 4 |
| Buy | 4 | 4 |
| Hold | 1 | 1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $131 → $105 | Buy | Maintains | $131 → $105 | +62.44% | Jul 8, 2024 |
| UBS | UBS | Strong Buy Maintains $125 → $129 | Strong Buy | Maintains | $125 → $129 | +99.57% | May 31, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $130 | Buy | Reiterates | $130 | +101.11% | May 31, 2024 |
| Needham | Needham | Strong Buy Reiterates $125 | Strong Buy | Reiterates | $125 | +93.38% | May 31, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $120 | Strong Buy | Initiates | $120 | +85.64% | May 13, 2024 |
Financial Forecast
Revenue This Year
392.17M
from 320.04M
Increased by 22.54%
Revenue Next Year
468.72M
from 392.17M
Increased by 19.52%
EPS This Year
0.95
from 1.42
Decreased by -33.38%
EPS Next Year
2.68
from 0.95
Increased by 183.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 407.2M | 490.8M | 590.5M |
| Avg | 392.2M | 468.7M | 563.6M |
| Low | 374.4M | 441.0M | 531.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.2% | 25.1% | 26.0% |
| Avg | 22.5% | 19.5% | 20.2% |
| Low | 17.0% | 12.5% | 13.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.76 | 3.18 | 4.21 |
| Avg | 0.95 | 2.68 | 3.85 |
| Low | 0.27 | 2.36 | 3.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.2% | 236.3% | 56.9% |
| Avg | -33.4% | 183.7% | 43.5% |
| Low | -80.7% | 149.6% | 31.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.