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IBTA Stock Forecast, Analyst Ratings, Earnings and Price Target

NYSE : IBTA

Ibotta, Inc.

$71.89
-1.52-2.07%
Open: 4:00 PM

IBTA eps in a glimpse

Growth Next 5yrs
36.18%
Last Quarter
$0.51
Past Year
$0.38
Growth Past 5yrs
N/A
Next Quarter
$0.44
Estimate Next Year
-

Analyst Rating Consensus

10

Ratings

4Strong Buy
5Buy
1Hold
0Sell
0Strong Sell
Buy

IBTA Price Target

Highest Price Target

$114.00

(

55.29% Upside

)

Mean Price Target

$97.18

(

32.38% Upside

)

Lowest Price Target

$75.00

(

2.17% Upside

)

IBTA Recent Analyst Ratings

DatePrice TargetRating StatusRatingAnalyst NameFirm
2024-10-1487.0UpgradeNeutral → BuyEric SheridanGoldman Sachs
2024-08-14103.0 → 87.0MaintainsNeutralEric SheridanGoldman Sachs
2024-08-14125.0 → 95.0MaintainsBuyRonald JoseyCitigroup
2024-08-14105.0 → 85.0MaintainsOverweightKen GawrelskiWells Fargo
2024-08-14125.0 → 114.0MaintainsOutperformMark MahaneyEvercore ISI Group
2024-08-14118.0 → 110.0MaintainsBuyCurtis NagleB of A Securities
2024-08-14130.0 → 111.0MaintainsMarket OutperformAndrew BooneJMP Securities
2024-08-1490.0 → 75.0MaintainsOutperformAndrew MarokRaymond James
2024-08-14125.0 → 100.0MaintainsBuyBernie McTerNeedham
2024-08-14125.0 → 100.0MaintainsBuyBernie McTernanNeedham
2024-07-08131.0 → 105.0MaintainsOverweightKen GawrelskiWells Fargo

Actual EPS vs Estimated EPS

How EPS can be helpful

Understanding the true essence of Earnings Per Share (EPS) for a company can be a complex endeavor. EPS, essentially a measure of a company's profitability on a per-share basis, is often used by investors as a barometer of financial health. However, it's crucial to recognize that EPS can be subject to manipulation through various accounting techniques and management strategies.

IBTA Earnings History

Report DateActualForecastSurprise Factor
Nov 13, 20240.510.35+45.71%
Aug 13, 2024-1.32-0.95+38.95%
May 30, 20240.540.3+80.00%

After EPS - Where did the stock go?

Earning DateClosing Price Before EarningBefore Closing Price ChangeNext Day Closing PriceNext Day Price ChangeOn 7th Day Closing PriceOn 7th Day Closing Change
Nov 13, 2024$76.50+2.10%$65.55-12.52%$63.44-15.33%
Aug 13, 2024$56.81-2.37%$42.66-26.69%$50.92-12.49%
May 30, 2024--$97.13-$77.77-

Frequently Asked Questions

Is IBTA stock getting favorable reviews from Wall Street analysts?

Brokerage firms have given IBTA stock an average recommendation of Buy. 10 analysts have given their ratings to IBTA out of which 4 analysts have given strong buy call, 5 analysts have given buy call, 1 analysts rate it hold, 0 analysts advocate strong sell call, and 0 analysts has given sell rating. The average target price of $97.18 gives the stock implied upside of roughly 32.38% over the next year or so.

What have analysts suggested for IBTA highest price target?

Analysts suggest IBTA's stock price would rise to a high of $114.00.

What is the lowest price target analysts expect for IBTA over the next year?

Within the next 12 months, analysts predict the IBTA stock price could move to $75.00.

What is the average target price for IBTA?

IBTA stock has an average analyst estimate of $97.18.

At its current price, how far is IBTA from its average target price?

IBTA shares are currently trading 32.38% above this price target.

What were IBTA’s actual earnings per share for the recent quarter?

Its quarterly earnings per share (EPS) came in at $0.51 versus consensus estimates of $0.35, and above the comparable year-ago quarter’s EPS of -.

What are the current estimates for quarterly and annual earnings per share?

IBTA's forecasts by analysts estimating quarterly EPS at $0.44 and - for the whole year.

What has IBTA's growth been in the past five years and what is expected in the next five years?

The analysts have projected 36.18% EPS growth for IBTA in the next five years, compared to growth rates of N/A in the past five years.

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