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:
Ibotta's Q3 results surpassed consensus expectations concerning revenue and EBITDA. However, the company forecasted Q4 sales and EBITDA that did not meet consensus, citing the depletion of CPG budgets and a disconnect between demand and supply as reasons for the weaker Q4 guidance. Near-term uncertainties have led to revised estimates following the report.
It was noted that Ibotta's advertiser budgets appeared to be depleted in the third quarter, which is likely to disrupt the usual seasonal trends observed in the fourth quarter. Consequently, there is a decline in the expectation that a rapid increase in Redeemer growth will lead to a corresponding rise in advertiser budget, particularly in the short run. Observers are inclined to adopt a cautious stance, awaiting signs that advertisers are beginning to treat promotional budgets more as flexible marketing funds that are employed consistently as part of their advertising arsenal.
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的第三季度業績在收入和息稅折舊攤銷前利潤方面超出了共識預期。但是，該公司預測第四季度的銷售額和息稅折舊攤銷前利潤未達到共識，理由是消費品預算枯竭和供需脫節是第四季度預期疲軟的原因。報告發布後，近期的不確定性導致了對估計的修訂。
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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