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Ibotta Inc has a consensus price target of $89.67 based on the ratings of 9 analysts. The high is $114 issued by Evercore ISI Group on August 14, 2024. The low is $65 issued by UBS on November 14, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Wells Fargo, and UBS on November 14, 2024, respectively. With an average price target of $78.67 between JMP Securities, Wells Fargo, and UBS, there's an implied 30.79% upside for Ibotta Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ibotta (NYSE:IBTA) was reported by JMP Securities on November 14, 2024. The analyst firm set a price target for $85.00 expecting IBTA to rise to within 12 months (a possible 41.31% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Ibotta (NYSE:IBTA) was provided by JMP Securities, and Ibotta maintained their market outperform rating.
The last upgrade for Ibotta Inc happened on October 14, 2024 when Goldman Sachs raised their price target to $87. Goldman Sachs previously had a neutral for Ibotta Inc.
The last downgrade for Ibotta Inc happened on November 14, 2024 when UBS changed their price target from $90 to $65 for Ibotta Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ibotta, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ibotta was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Ibotta (IBTA) rating was a maintained with a price target of $111.00 to $85.00. The current price Ibotta (IBTA) is trading at is $60.15, which is out of the analyst’s predicted range.
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