IbottaIBTA
IBTA
About: Ibotta Inc is a performance marketing platform. It allows CPG brands to deliver digital promotions to consumers through a single, convenient network called the Ibotta Performance Network (IPN).
Employees: 858
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
262% more call options, than puts
Call options by funds: $4.16M | Put options by funds: $1.15M
246% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 13
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
18% more funds holding
Funds holding: 91 [Q2] → 107 (+16) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
12.95% less ownership
Funds ownership: 49.76% [Q2] → 36.8% (-12.95%) [Q3]
39% less capital invested
Capital invested by funds: $1.02B [Q2] → $624M (-$398M) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
8%
upside
Avg. target
$81
35%
upside
High target
$87
45%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Wells Fargo Ken Gawrelski 62% 1-year accuracy 28 / 45 met price target | 43%upside $86 | Overweight Maintained | 14 Nov 2024 |
UBS Chris Kuntarich 71% 1-year accuracy 5 / 7 met price target | 8%upside $65 | Neutral Downgraded | 14 Nov 2024 |
JMP Securities Andrew Boone 73% 1-year accuracy 67 / 92 met price target | 41%upside $85 | Market Outperform Maintained | 14 Nov 2024 |
Needham Bernie McTernan 68% 1-year accuracy 90 / 132 met price target | 33%upside $80 | Buy Maintained | 14 Nov 2024 |
Raymond James Andrew Marok 59% 1-year accuracy 10 / 17 met price target | 41%upside $85 | Outperform Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 3 articles about IBTA published over the past 30 days
Positive
Seeking Alpha
2 weeks ago
Ibotta: A Story Worth Keeping An Eye On
The stock of coupon platform operator Ibotta has bounced back some 20% since reporting better than expected Q3 results in mid-November. Ibotta, Inc. also announced a $100 million share buyback in August, reflecting confidence in its strong balance sheet and growth potential beyond the grocery vertical. The company seems to have solid long-term sales growth prospects and good free cash flow. An analysis around this Busted IPO follows in the paragraphs below.
Positive
The Motley Fool
3 weeks ago
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
There are growth investors, and then there's the more aggressive Cathie Wood. The co-founder, CEO, and investment manager for Ark Invest has struggled to duplicate the market-thumping success she achieved four years ago, but she's always moving.
Positive
Zacks Investment Research
4 weeks ago
PSN vs. IBTA: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Technology Services sector have probably already heard of Parsons (PSN) and Ibotta (IBTA). But which of these two stocks offers value investors a better bang for their buck right now?
Negative
Benzinga
1 month ago
Ibotta Analysts Slash Their Forecasts After Q3 Earnings Results
Ibotta, Inc. IBTA reported better-than-expected third-quarter sales on Wednesday.
Positive
CNBC Television
1 month ago
Our business will have a reacceleration in the coming year, says ibotta CEO Bryan Leach
Bryan Leach, ibotta CEO, joins 'Closing Bell: Overtime' to discuss earnings, the state of consumers and grocery partners.
Neutral
GlobeNewsWire
1 month ago
Ibotta Reports Third Quarter 2024 Financial Results
Grew revenue by 16% year-over-year to $98.6 million and non-GAAP revenue by 19%
Neutral
Accesswire
1 month ago
Investors Are Invited To Join The Schall Law Firm In An Inquiry Into Ibotta Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / November 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE:IBTA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Accesswire
1 month ago
Ibotta, Inc. Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Take Part
LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE:IBTA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Accesswire
1 month ago
Investors Are Invited To Join The Schall Law Firm In An Inquiry Into Ibotta Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE:IBTA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
GlobeNewsWire
1 month ago
Ibotta launches SNAP rewards benefiting more than 40 million people in the United States
In celebration of its fifth annual Free Thanksgiving, Ibotta will help provide 1 million meals* to Feeding America ®
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