Wells Fargo analyst Ken Gawrelski maintains $Ibotta (IBTA.US)$ with a buy rating, and adjusts the target price from $95 to $86.
According to TipRanks data, the analyst has a success rate of 64.4% and a total average return of 10.9% 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.
A promising earnings result was once more balanced out by a lower guidance, marking the third time in as many public company quarters. Growth recovery is anticipated in the first half of 2025, driven by renewed budgets, expanding demand sources, and enhanced sales products designed to tap into ROI-driven budgets.
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富国集团分析师Ken Gawrelski维持$Ibotta (IBTA.US)$买入评级，并将目标价从95美元下调至86美元。
根据TipRanks数据显示，该分析师近一年总胜率为64.4%，总平均回报率为10.9%。
此外，综合报道，$Ibotta (IBTA.US)$近期主要分析师观点如下：
Ibotta的第三季业绩超过了营业收入和EBITDA的共识预测。然而，公司对第四季的预测显示销售额和EBITDA低于共识预期。第四季的这种较弱前景被归因于消费品制造商预算的枯竭，需求和供给之间存在明显的差异。鉴于这些情况，根据这一公告，短期内对未来的预期已经得到调整。
公司在第三季注意到广告预算的枯竭，表明可能不会出现通常的第四季季节性。这导致对快速增长的兑换者和广告预算扩大之间的相关性，在短期内至少是开空的。现在最好是保持观望态度，直到有明确证据表明广告商将这些促销预算视为灵活的营销资金，用作一致的广告工具。
有希望的收益结果再次被较低的指导信息抵消，这是同样多的上市公司季度中的第三次。预计在2025年上半年，增长将得到恢复，其驱动力是预算的恢复、需求来源的扩大以及旨在利用以回报率为导向的预算的增强销售产品。
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