Ibotta (IBTA) Stock Forecast, Price Target & Predictions


OverviewRevenueFinancialsChartTranscripts

IBTA Stock Forecast


Ibotta (IBTA) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $89.00, with a high of $114.00 and a low of $65.00. This represents a 21.06% increase from the last price of $73.52.

$55 $67 $79 $91 $103 $115 High: $114 Avg: $89 Low: $65 Last Closed Price: $73.52

IBTA Stock Rating


Ibotta stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 7 Strong Sell Sell Hold Buy Strong Buy

IBTA Forecast vs Benchmarks


TypeNameUpside
StockIbotta21.06%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts-215
Avg Price Target-$72.50$101.93
Last Closing Price$73.52$73.52$73.52
Upside/Downside--1.39%38.64%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25441--9
Dec, 24451--10
Nov, 24461--11
Oct, 24461--11
Sep, 24361--10
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 14, 2024Bernie McTernanNeedham$80.00$65.5522.04%8.81%
Nov 14, 2024Chris KuntarichUBS$65.00$74.93-13.25%-11.59%
Aug 14, 2024Ken GawrelskiWells Fargo$85.00$42.6699.25%15.61%
Aug 14, 2024Eric SheridanGoldman Sachs$87.00$42.66103.94%18.34%
Aug 14, 2024Andrew MarokRaymond James$75.00$58.1928.89%2.01%
Aug 14, 2024Mark MahaneyEvercore ISI$114.00$58.1995.91%55.06%
Aug 14, 2024Bernie McTernanNeedham$100.00$42.66134.41%36.02%
Aug 14, 2024Ronald JoseyCitigroup$95.00$58.1963.26%29.22%
Aug 14, 2024Andrew BooneJMP Securities$111.00$58.1990.75%50.98%
Jul 08, 2024Ken GawrelskiWells Fargo$105.00$72.5844.67%42.82%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Nov 14, 2024CitigroupBuyBuyhold
Oct 29, 2024Raymond JamesOutperformOutperformhold
Oct 14, 2024Goldman SachsNeutralBuyupgrade
Aug 14, 2024Wells FargoOverweightOverweighthold
Aug 14, 2024Wells FargoBuyBuyhold
Aug 14, 2024Raymond JamesOutperformOutperformhold
Aug 14, 2024Evercore ISIOutperformOutperformhold
Aug 14, 2024NeedhamBuyBuyhold
Aug 14, 2024CitigroupBuyBuyhold
Aug 14, 2024JMP SecuritiesOutperformOutperformhold

Financial Forecast


EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.26-----
Avg Forecast$4.26$0.17$2.47$3.50$5.47-
High Forecast$4.23$0.04$2.42$3.29$5.43-
Low Forecast$4.31$0.30$2.53$3.65$5.54-
Surprise %-70.42%-----

Revenue Forecast

$300M $400M $500M $600M $700M $800M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$320.04M-----
Avg Forecast$320.04M$372.52M$434.25M$522.61M$659.80M$755.50M
High Forecast$318.04M$370.19M$431.54M$522.61M$655.68M$750.78M
Low Forecast$323.22M$376.22M$438.57M$522.61M$666.37M$763.02M
Surprise %------

Net Income Forecast

$0 $40M $80M $120M $160M $200M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$38.12M-----
Avg Forecast$129.13M$5.15M$74.84M$105.04M$165.82M-
High Forecast$127.77M$1.26M$73.15M$99.62M$164.08M-
Low Forecast$130.48M$9.03M$76.54M$110.46M$167.56M-
Surprise %-70.48%-----

IBTA Forecast FAQ


Is Ibotta stock a buy?

Ibotta stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Ibotta is a favorable investment for most analysts.

What is Ibotta's price target?

Ibotta's price target, set by 7 Wall Street analysts, averages $89 over the next 12 months. The price target range spans from $65 at the low end to $114 at the high end, suggesting a potential 21.06% change from the previous close price of $73.52.

How does Ibotta stock forecast compare to the average forecast of its sector, industry, and investment themes?

Ibotta stock forecast shows a 21.06% upside, outperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Ibotta over the past three months?

  • January 2025: 44.44% Strong Buy, 44.44% Buy, 11.11% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 40.00% Strong Buy, 50.00% Buy, 10.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 36.36% Strong Buy, 54.55% Buy, 9.09% Hold, 0% Sell, 0% Strong Sell.

What is Ibotta’s EPS forecast?

Ibotta's average annual EPS forecast for its fiscal year ending in December is 0.17 for 2024, a -86.51% decrease from the reported $1.26 in 2023. The prediction for 2025 is $2.47, $3.5 for 2026, $5.47 for 2027, and $0 for 2028.

What is Ibotta’s revenue forecast?

Ibotta's average annual revenue forecast for its fiscal year ending in December is $372.52M for 2024, a 16.40% increase from the reported $320.04M in 2023. The forecast for 2025 is $434.25M, $522.61M for 2026, $659.8M for 2027, and $755.5M for 2028.

What is Ibotta’s net income forecast?

For its fiscal year ending in December, Ibotta's average annual net income forecast is $5.15M for 2024, reflecting a -86.50% decrease from the reported $38.12M in 2023. The projection for 2025 is $74.84M, $105.04M for 2026, $165.82M for 2027, and $0 for 2028.