Ibotta, Inc. (IBTA) AI Stock Analysis

Ibotta, Inc. is a technology company that provides digital promotion services to clients in the United States, primarily consumer packaged goods brands. The company sources digital promotions and distributes them to consumers through its network of publishers enabled by the Ibotta Performance Network (IPN) platform. Promotional services offered through IPN include direct-to-consumer mobile, web, and browser extension properties, alongside third-party publisher properties. In addition, Ibotta provides display ads, tiles, sponsored offers, newsletters, feature placements, and LiveLift, a set of capabilities designed to help brand clients drive sales.

Ibotta increased revenue from $210.7M in FY2022 to $320.0M in FY2023 and $367.3M in FY2024, before revenue fell 6.8% to $342.4M in FY2025. Gross margin shifted from 76.6% in FY2022 to 86.4% in FY2024, then dropped to 78.1% in FY2025. Operating margin narrowed from 17.5% in FY2023 to 0.5% in FY2025. Net income was $3.6M in FY2025, down from $68.7M in FY2024, resulting in diluted eps of $1.70. For the trailing twelve months, revenue reached $343.2M with an operating margin of -2.1% and eps of -$0.47. In the quarter ended June 30, 2026, quarterly revenue growth was 3.3% year-over-year, while quarterly earnings fell 90.2%.

As of June 30, 2026, Ibotta held $148.2M in cash and short-term investments against total debt of $25.1M, yielding net cash of $123.0M. Total assets stood at $485.4M and shareholders' equity was $241.6M, with a current ratio of 1.71 and a debt-to-equity ratio of 0.10. In FY2025, operating cash flow reached $95.3M and free cash flow was $75.0M. Capital expenditures totaled $20.3M, while share buybacks absorbed $233.0M.

At a closing price of $47.84 on October 16, 2026, Ibotta has a market cap of $1.11B and an enterprise value of $834.1M. The stock trades at a forward P/E of 24.7x, compared to the median of 18.8x for its US-listed Technology peers. Its price-to-sales multiple is 3.2x versus the peer median of 2.8x, and its EV-to-revenue ratio is 2.4x. Over the past year, IBTA returned 52.1%, outperforming the S&P 500 return of 16.8%, and gained 110.5% year-to-date.

Wall Street coverage consists of 1 Buy, 6 Holds, 1 Sell, and 1 Strong Sell rating. The mean price target of $36.57 sits 23.6% below the last close of $47.84. Over the last four quarters, the company beat earnings estimates 1 time. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $353.3M and eps of $1.59. For FY2027, 3 analysts estimate revenue of $384.7M and eps of $1.88. The next earnings date is November 2, 2026.

This page is an AI-written research summary of Ibotta, Inc. (IBTA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: IBTA income statement, IBTA balance sheet, IBTA key metrics, IBTA analyst forecast, IBTA chart. See the IBTA stock overview for the latest quote and news.