Tomorrow Is Not Likely To Be Same For Ibotta Inc (IBTA)

Ibotta Inc (IBTA) concluded trading on Thursday at a closing price of $34.01, with 4.03 million shares of worth about $137.05 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.62% during that period and on February 27, 2025 the price saw a loss of about -46.09%. Currently the company’s common shares owned by public are about 30.63M shares, out of which, 17.01M shares are available for trading.

Stock saw a price change of -50.45% in past 5 days and over the past one month there was a price change of -54.50%. Over the period of past 52 weeks, stock dropped to lowest price of $41.87 but also hit the highest price of $117.59 during that period. The average intraday trading volume for Ibotta Inc shares is 295.28K. The stock is currently trading -50.49% below its 20-day simple moving average (SMA20), while that difference is down -50.60% for SMA50 and it goes to -51.34% lower than SMA200.

Ibotta Inc (NYSE: IBTA) currently have 30.63M outstanding shares and institutions hold larger chunk of about 57.63% of that.

The stock has a current market capitalization of $1.04B. PE ratio of stock for trailing 12 months is 16.76, while it has posted earnings per share of $2.03 in the same period. It has Quick Ratio of 2.72 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IBTA, volatility over the week remained 8.89% while standing at 4.76% over the month.

Stock’s fiscal year EPS is expected to drop by -51.17% while it is estimated to increase by 60.61% in next year.

Coverage by Citigroup stated Ibotta Inc (IBTA) stock as a Neutral in their note to investors on February 28, 2025, suggesting a price target of $44 for the stock. On February 28, 2025, BofA Securities Downgrade their recommendations, while on November 14, 2024, UBS Downgrade their ratings for the stock with a price target of $65. Stock get a Buy rating from Goldman on October 14, 2024.

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