Ibotta (NYSE:IBTA) Sets New 12-Month High – Should You Buy?

Posted by Geri Gentry on Sep 11th, 2026

Ibotta, Inc. (NYSE:IBTA – Get Free Report) shares reached a new 52-week high during trading on Friday . The company traded as high as $41.54 and last traded at $40.65, with a volume of 11448 shares changing hands. The stock had previously closed at $40.16.

Analyst Upgrades and Downgrades

IBTA has been the topic of several research analyst reports. Wells Fargo & Company upped their price target on shares of Ibotta from $38.00 to $40.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 4th. The Goldman Sachs Group boosted their target price on Ibotta from $28.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, August 4th. UBS Group upped their target price on Ibotta from $30.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $45.00 price target on shares of Ibotta in a report on Tuesday, August 4th. Finally, Zacks Research upgraded Ibotta from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $36.50.

Check Out Our Latest Stock Report on IBTA

Ibotta Trading Up 1.1%

The stock’s fifty day moving average price is $33.93 and its 200 day moving average price is $32.01. The stock has a market cap of $820.32 million, a P/E ratio of -86.40 and a beta of -0.25.

Insider Activity at Ibotta

In other news, major shareholder Jermoluk Founders Fund I. Clark sold 500,000 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $30.15, for a total value of $15,075,000.00. Following the completion of the transaction, the insider directly owned 3,341,308 shares in the company, valued at approximately $100,740,436.20. This represents a 13.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas D. Lehrman sold 19,561 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $36.22, for a total value of $708,499.42. Following the completion of the transaction, the director owned 25,312 shares of the company’s stock, valued at $916,800.64. The trade was a 43.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 595,968 shares of company stock valued at $18,514,451 over the last 90 days. 20.92% of the stock is owned by insiders.

Institutional Trading of Ibotta

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Engineers Gate Manager LP bought a new position in Ibotta during the second quarter valued at approximately $328,000. Squarepoint Ops LLC purchased a new stake in shares of Ibotta in the 2nd quarter valued at $290,000. California State Teachers Retirement System boosted its stake in shares of Ibotta by 6,672.2% in the 2nd quarter. California State Teachers Retirement System now owns 351,882 shares of the company’s stock valued at $12,020,000 after purchasing an additional 346,686 shares in the last quarter. Essential Partners LLC grew its holdings in shares of Ibotta by 40,800.0% during the 1st quarter. Essential Partners LLC now owns 818 shares of the company’s stock valued at $25,000 after purchasing an additional 816 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Ibotta by 17.8% in the 1st quarter. Bank of America Corp DE now owns 239,167 shares of the company’s stock worth $7,168,000 after purchasing an additional 36,223 shares during the period.

About Ibotta

(Get Free Report)

Ibotta (NYSE: IBTA) is a Denver‐based mobile commerce platform that connects consumers, retailers and brands through a unified cash-back rewards experience. Users access the Ibotta mobile app or browser extension to unlock rebates on everyday purchases, redeemable on groceries, retail goods, travel bookings and digital services. The platform integrates with major supermarket chains, big‐box retailers and online merchants, enabling shoppers to earn automatic cash-back both in physical stores and across e-commerce channels.

Founded in 2012 by co‐founder and CEO Bryan Leach, Ibotta has evolved from a simple rebate app into a comprehensive performance marketing partner for consumer goods companies.