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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Evercore分析師Mark Mahaney維持$Ibotta (IBTA.US)$買入評級，並將目標價從114美元下調至97美元。
根據TipRanks數據顯示，該分析師近一年總勝率為63.5%，總平均回報率為28.9%。
此外，綜合報道，$Ibotta (IBTA.US)$近期主要分析師觀點如下：
Ibotta第三季度的業績超過了對收入和息稅折舊攤銷前利潤的普遍預期。但是，該公司對第四季度的預測表明，銷售額和息稅折舊攤銷前利潤低於市場普遍預期。第四季度前景疲軟歸因於消費品預算的枯竭，供需之間存在明顯差異。鑑於這些事態發展，本公告發布後，對短期的預期有所緩和。
有人指出，Ibotta的廣告商預算在第三季度似乎已經耗盡，這可能會打亂第四季度觀察到的通常季節性趨勢。因此，人們對Redeemer增長的快速增長將導致廣告商預算相應增加的預期有所下降，尤其是在短期內。觀察者傾向於採取謹慎立場，等待有跡象表明廣告商開始將促銷預算更多地視爲靈活的營銷資金，這些資金一直被用作其廣告資源的一部分。
Ibotta樂觀的盈利業績再次因未來預期的下調而黯然失色，這是其作爲公共實體任期內的第三次。預計2025年上半年將出現增長復甦，這要歸因於預算的振興、需求來源的增加以及旨在利用投資回報率驅動的預算的銷售產品的增加。
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