Ibotta, Inc. (IBTA)
NYSE: IBTA · Real-Time Price · USD
63.44
-0.57 (-0.89%)
Nov 20, 2024, 4:00 PM EST - Market closed
Ibotta Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Ibotta stock have an average target of 89.67, with a low estimate of 65 and a high estimate of 114. The average target predicts an increase of 41.35% from the current stock price of 63.44.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $111 → $85 | Buy | Maintains | $111 → $85 | +33.98% | Nov 14, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $95 → $86 | Buy | Maintains | $95 → $86 | +35.56% | Nov 14, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $90 → $65 | Strong Buy → Hold | Downgrades | $90 → $65 | +2.46% | Nov 14, 2024 |
| Needham | Needham | Strong Buy Maintains $100 → $80 | Strong Buy | Maintains | $100 → $80 | +26.10% | Nov 14, 2024 |
| Raymond James | Raymond James | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | +33.98% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
382.04M
from 320.04M
Increased by 19.37%
Revenue Next Year
461.33M
from 382.04M
Increased by 20.75%
EPS This Year
0.22
from 1.42
Decreased by -84.63%
EPS Next Year
2.79
from 0.22
Increased by 1,176.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 397.0M | 484.8M | 624.1M |
| Avg | 382.0M | 461.3M | 565.9M |
| Low | 364.1M | 435.1M | 521.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.1% | 26.9% | 35.3% |
| Avg | 19.4% | 20.8% | 22.7% |
| Low | 13.8% | 13.9% | 13.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.34 | 3.19 | 4.67 |
| Avg | 0.22 | 2.79 | 3.95 |
| Low | 0.12 | 2.40 | 3.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -76.3% | 1,362.3% | 67.6% |
| Avg | -84.6% | 1,176.9% | 41.8% |
| Low | -91.7% | 1,000.0% | 24.1% |
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.