$69.23
1.592.35%
At Close: -
$69.23
00.00%
After Hours: Jul 26, 4:00 PM EDT
15 minutes delayed
Comments
Loading...
Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Ibotta (NYSE:IBTA) Stock, Analyst Ratings, Price Targets, Forecasts
Ibotta Inc has a consensus price target of $119.89 based on the ratings of 9 analysts. The high is $130 issued by JMP Securities on May 31, 2024. The low is $103 issued by Goldman Sachs on May 13, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, UBS, and JMP Securities on July 8, 2024, May 31, 2024, and May 31, 2024, respectively. With an average price target of $121.33 between Wells Fargo, UBS, and JMP Securities, there's an implied 75.26% upside for Ibotta Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
UBS
JMP Securities
Needham
Citigroup
1calculated from analyst ratings
Analyst Ratings for Ibotta
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/08/2024 | Buy Now | 51.67% | Wells Fargo | Ken Gawrelski | $131 → $105 | Maintains | Overweight | Get Alert |
| 05/31/2024 | Buy Now | 86.34% | UBS | Chris Kuntarich | $125 → $129 | Maintains | Buy | Get Alert |
| 05/31/2024 | Buy Now | 87.78% | JMP Securities | Andrew Boone | $130 → $130 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 05/31/2024 | Buy Now | 80.56% | Needham | Bernie McTernan | $125 → $125 | Reiterates | Buy → Buy | Get Alert |
| 05/13/2024 | Buy Now | 73.34% | Citigroup | Ronald Josey | → $120 | Initiates | → Buy | Get Alert |
| 05/13/2024 | Buy Now | 80.56% | UBS | Chris Kuntarich | → $125 | Initiates | → Buy | Get Alert |
| 05/13/2024 | Buy Now | 87.78% | JMP Securities | Andrew Boone | → $130 | Initiates | → Market Outperform | Get Alert |
| 05/13/2024 | Buy Now | 89.22% | Wells Fargo | Ken Gawrelski | → $131 | Initiates | → Overweight | Get Alert |
| 05/13/2024 | Buy Now | 80.56% | Raymond James | Andrew Marok | → $125 | Initiates | → Outperform | Get Alert |
| 05/13/2024 | Buy Now | 80.56% | Evercore ISI Group | Mark Mahaney | → $125 | Initiates | → Outperform | Get Alert |
| 05/13/2024 | Buy Now | 80.56% | Needham | Bernie McTernan | → $125 | Reiterates | Buy → Buy | Get Alert |
| 05/13/2024 | Buy Now | 69% | B of A Securities | Curtis Nagle | → $117 | Initiates | → Buy | Get Alert |
| 05/13/2024 | Buy Now | 48.78% | Goldman Sachs | Eric Sheridan | → $103 | Initiates | → Neutral | Get Alert |
FAQ
What is the target price for Ibotta (IBTA) stock?
The latest price target for Ibotta (NYSE:IBTA) was reported by Wells Fargo on July 8, 2024. The analyst firm set a price target for $105.00 expecting IBTA to rise to within 12 months (a possible 51.67% upside). 13 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ibotta (IBTA)?
The latest analyst rating for Ibotta (NYSE:IBTA) was provided by Wells Fargo, and Ibotta maintained their overweight rating.
When was the last upgrade for Ibotta (IBTA)?
There is no last upgrade for Ibotta
When was the last downgrade for Ibotta (IBTA)?
There is no last downgrade for Ibotta.
When is the next analyst rating going to be posted or updated for Ibotta (IBTA)?
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 July 8, 2024 so you should expect the next rating to be made available sometime around July 8, 2025.
Is the Analyst Rating Ibotta (IBTA) correct?
While ratings are subjective and will change, the latest Ibotta (IBTA) rating was a maintained with a price target of $131.00 to $105.00. The current price Ibotta (IBTA) is trading at is $69.23, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.