Ibotta (NYSE:IBTA) Releases Earnings Results, Beats Expectations By $0.22 EPS

Ibotta (NYSE:IBTA) issued its quarterly earnings results on Wednesday. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.22, FiscalAI reports. Ibotta had a return on equity of 24.26% and a net margin of 26.24%.The firm had revenue of $83.26 million for the quarter. During the same quarter in the prior year, the firm earned $0.94 earnings per share. The company’s revenue was down 15.5% on a year-over-year basis. Ibotta updated its Q4 2025 guidance to EPS.

Ibotta Price Performance

IBTA traded down $5.94 on Thursday, reaching $26.79. 174,445 shares of the stock were exchanged, compared to its average volume of 438,708. The firm has a market capitalization of $676.74 million, a PE ratio of 9.30 and a beta of -1.12. The company’s 50-day moving average price is $29.63 and its 200 day moving average price is $36.38. Ibotta has a fifty-two week low of $22.50 and a fifty-two week high of $76.99.

Institutional Investors Weigh In On Ibotta

Institutional investors have recently modified their holdings of the company. New York State Common Retirement Fund grew its position in shares of Ibotta by 58.1% in the 1st quarter. New York State Common Retirement Fund now owns 4,900 shares of the company’s stock valued at $207,000 after buying an additional 1,800 shares during the last quarter. Victory Capital Management Inc. bought a new position in shares of Ibotta in the 1st quarter worth about $1,465,000. Pacer Advisors Inc. acquired a new position in shares of Ibotta during the first quarter valued at $3,539,000. Wilkins Investment Counsel Inc. boosted its holdings in shares of Ibotta by 1,608.5% in the first quarter. Wilkins Investment Counsel Inc. now owns 63,727 shares of the company’s stock worth $2,689,000 after buying an additional 59,997 shares during the period. Finally, Nikko Asset Management Americas Inc. grew its stake in shares of Ibotta by 68.8% in the 1st quarter. Nikko Asset Management Americas Inc. now owns 1,053,518 shares of the company’s stock valued at $44,458,000 after buying an additional 429,516 shares in the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently commented on IBTA. Citizens Jmp lowered shares of Ibotta from an “outperform” rating to a “market perform” rating in a report on Thursday, August 14th. Needham & Company LLC dropped their price objective on shares of Ibotta from $70.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Bank of America reduced their target price on shares of Ibotta from $24.00 to $22.00 and set an “underperform” rating for the company in a research report on Thursday. Wall Street Zen upgraded shares of Ibotta from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Citigroup cut Ibotta from a “buy” rating to a “market perform” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Ibotta presently has a consensus rating of “Reduce” and a consensus target price of $32.57.

Ibotta Company Profile

Ibotta’s mission is to Make Every Purchase Rewarding. Our technology allows CPG brands to deliver digital promotions to over 200 million consumers through a single, convenient network called the Ibotta Performance Network (IPN). We are pioneers in success-based marketing: we only get paid when our client’s promotion results in a sale, not when a consumer merely views or clicks on the promotion.