Analysts have lowered their price target for Ibotta by $0.57 to $29.86, citing concerns about softer revenue growth forecasts, even though profit margin expectations are improving.
What's in the News
- Ibotta and Circana, LLC announced a strategic partnership to help CPG brands better measure the true incremental sales impact of digital promotional campaigns. New analytics are scheduled to roll out to all brands by early 2026. (Key Developments)
- Ibotta, Inc. provided guidance for Q3 2025, expecting revenue of $79.0 million to $85.0 million. This represents a projected year-over-year decrease of 17% at the midpoint. (Key Developments)
- The company has repurchased nearly 1.45 million shares for $67.48 million in the most recent tranche, completing the repurchase of 14.76% of its outstanding shares under the current buyback program. (Key Developments)
- Matt Puckett, formerly CFO at VF Corporation, has been appointed as Ibotta’s new CFO. He succeeds interim CFO Valarie Sheppard, who will remain on the board. (Key Developments)
Valuation Changes
- Fair Value: Decreased modestly from $30.43 to $29.86 per share.
- Discount Rate: Remained steady at 6.78% with no change.
- Revenue Growth: The projected decline has widened, moving from -0.50% to -1.36%.
- Net Profit Margin: Improved significantly, increasing from 1.33% to 23.34%.
- Future P/E: Dropped sharply from 16,971.87x to 971.14x, reflecting improved earnings expectations.
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