Forecasting The Future: 10 Analyst Projections For Ibotta
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Ibotta (NYSE:IBTA) have varied over the last quarter, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has decreased by 10.89% to $108.0. Several analysts have lowered their price targets, reflecting a cautious outlook despite Ibotta's strong financial performance, including a 42.7% revenue growth rate and high net margin.
August 14, 2024 | 5:00 pm
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Analysts' ratings for Ibotta (NYSE:IBTA) have shown mixed sentiments over the last quarter. The average 12-month price target has decreased by 10.89% to $108.0, with several analysts lowering their price targets. Despite this, Ibotta has demonstrated strong financial performance, including a 42.7% revenue growth rate and high net margin.
The mixed analyst ratings and the decrease in the average 12-month price target indicate a cautious outlook for Ibotta despite its strong financial performance. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100