Evercore analyst Mark Mahaney maintains $Ibotta (IBTA.US)$ with a buy rating, and adjusts the target price from $114 to $97.
According to TipRanks data, the analyst has a success rate of 63.5% and a total average return of 28.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Ibotta (IBTA.US)$'s main analysts recently are as follows:
Q3 results for Ibotta surpassed the consensus estimates for revenue and EBITDA. However, the company's forecast for Q4 indicates sales and EBITDA that fall short of consensus expectations. This weaker outlook for Q4 is being attributed to the depletion of CPG budgets, with a noted discrepancy between demand and supply. In light of these developments, expectations for the near term have been moderated following this announcement.
The company noted a depletion of advertiser budgets during Q3, indicating that the usual Q4 seasonality might not be observed. This has led to a diminished confidence in the correlation between rapid Redeemer growth and advertiser budget expansion, at least in the short term. It is now preferable to observe from a distance until there is clear evidence that advertisers are treating these promotional budgets as flexible marketing funds to be used as consistent advertising tools.
Ibotta's optimistic earnings outcome was once more overshadowed by reduced future guidance, marking the third time in its tenure as a public entity. It is anticipated that a growth resurgence will occur in the first half of 2025 due to revitalized budgets, an increase in demand sources, and enhanced sales products designed to tap into ROI-driven budgets.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Evercore分析师Mark Mahaney维持$Ibotta (IBTA.US)$买入评级，并将目标价从114美元下调至97美元。
根据TipRanks数据显示，该分析师近一年总胜率为63.5%，总平均回报率为28.9%。
此外，综合报道，$Ibotta (IBTA.US)$近期主要分析师观点如下：
Ibotta第三季度的业绩超过了对收入和息税折旧摊销前利润的普遍预期。但是，该公司对第四季度的预测表明，销售额和息税折旧摊销前利润低于市场普遍预期。第四季度前景疲软归因于消费品预算的枯竭，供需之间存在明显差异。鉴于这些事态发展，本公告发布后，对短期的预期有所缓和。
有人指出，Ibotta的广告商预算在第三季度似乎已经耗尽，这可能会打乱第四季度观察到的通常季节性趋势。因此，人们对Redeemer增长的快速增长将导致广告商预算相应增加的预期有所下降，尤其是在短期内。观察者倾向于采取谨慎立场，等待有迹象表明广告商开始将促销预算更多地视为灵活的营销资金，这些资金一直被用作其广告资源的一部分。
Ibotta乐观的盈利业绩再次因未来预期的下调而黯然失色，这是其作为公共实体任期内的第三次。预计2025年上半年将出现增长复苏，这要归因于预算的振兴、需求来源的增加以及旨在利用投资回报率驱动的预算的销售产品的增加。
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