Stock Track | Ibotta Inc Plunges 15% in Pre-market Following Disappointing Q3 Results and Analyst Downgrades

Stock Track11-13

Shares of Ibotta Inc (IBTA) plummeted 15.06% in pre-market trading on Thursday, following the release of disappointing third-quarter financial results and subsequent analyst downgrades. The digital promotions network operator reported a significant year-over-year decline in revenue and profitability, raising concerns among investors about the company's growth trajectory.

Ibotta's Q3 results, released after market close on Wednesday, showed total revenue of $83.3 million, representing a 16% decrease compared to the same period last year. The company's key metric, redemption revenue, fell 15% year-over-year to $72.1 million. Despite an increase in the number of redeemers on the Ibotta Performance Network, the average number of redemptions per redeemer declined, impacting overall revenue and indicating challenges in user engagement. Additionally, Ibotta's Q4 guidance disappointed investors, projecting revenue between $80-$85 million, representing a year-over-year decrease of 16% at the midpoint.

Following the earnings release, several analysts downgraded Ibotta's stock. BofA lowered its price target to $22 from $24, maintaining an Underperform rating. Goldman Sachs reduced its price target to $23 from $26, keeping a Sell rating on the shares. The negative sentiment from analysts, combined with the weak financial performance and outlook, contributed to the sharp pre-market decline in Ibotta's stock price.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1126869150?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-13 21:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1126869150","market":"sg","top_or_hot":-1,"title":"Stock Track | Ibotta Inc Plunges 15% in Pre-market Following Disappointing Q3 Results and Analyst Downgrades","media":"Stock Track","content":"<p>Shares of Ibotta Inc (IBTA) plummeted 15.06% in pre-market trading on Thursday, following the release of disappointing third-quarter financial results and subsequent analyst downgrades. The digital promotions network operator reported a significant year-over-year decline in revenue and profitability, raising concerns among investors about the company's growth trajectory.</p>\n\n<p>Ibotta's Q3 results, released after market close on Wednesday, showed total revenue of $83.3 million, representing a 16% decrease compared to the same period last year. The company's key metric, redemption revenue, fell 15% year-over-year to $72.1 million. Despite an increase in the number of redeemers on the Ibotta Performance Network, the average number of redemptions per redeemer declined, impacting overall revenue and indicating challenges in user engagement. Additionally, Ibotta's Q4 guidance disappointed investors, projecting revenue between $80-$85 million, representing a year-over-year decrease of 16% at the midpoint.</p>\n\n<p>Following the earnings release, several analysts downgraded Ibotta's stock. BofA lowered its price target to $22 from $24, maintaining an Underperform rating. Goldman Sachs reduced its price target to $23 from $26, keeping a Sell rating on the shares. The negative sentiment from analysts, combined with the weak financial performance and outlook, contributed to the sharp pre-market decline in Ibotta's stock price.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Ibotta Inc Plunges 15% in Pre-market Following Disappointing Q3 Results and Analyst Downgrades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Ibotta Inc Plunges 15% in Pre-market Following Disappointing Q3 Results and Analyst Downgrades\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-11-13 21:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Ibotta Inc (IBTA) plummeted 15.06% in pre-market trading on Thursday, following the release of disappointing third-quarter financial results and subsequent analyst downgrades. The digital promotions network operator reported a significant year-over-year decline in revenue and profitability, raising concerns among investors about the company's growth trajectory.</p>\n\n<p>Ibotta's Q3 results, released after market close on Wednesday, showed total revenue of $83.3 million, representing a 16% decrease compared to the same period last year. The company's key metric, redemption revenue, fell 15% year-over-year to $72.1 million. Despite an increase in the number of redeemers on the Ibotta Performance Network, the average number of redemptions per redeemer declined, impacting overall revenue and indicating challenges in user engagement. Additionally, Ibotta's Q4 guidance disappointed investors, projecting revenue between $80-$85 million, representing a year-over-year decrease of 16% at the midpoint.</p>\n\n<p>Following the earnings release, several analysts downgraded Ibotta's stock. BofA lowered its price target to $22 from $24, maintaining an Underperform rating. Goldman Sachs reduced its price target to $23 from $26, keeping a Sell rating on the shares. The negative sentiment from analysts, combined with the weak financial performance and outlook, contributed to the sharp pre-market decline in Ibotta's stock price.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBTA","symbol_name":"Ibotta Inc","start_time":0,"source_url":"","article_id":"1126869150","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126869150","pubTimestamp":1763038975,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Ibotta Inc (IBTA) plummeted 15.06% in pre-market trading on Thursday, following the release of disappointing third-quarter financial results and subsequent analyst downgrades. The digital...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IBTA":"Ibotta Inc"},"translate_title":"股票追踪|第三季度业绩令人失望且分析师下调评级后，Ibotta Inc盘前暴跌15%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBTA":1},"content_text":"Shares of Ibotta Inc (IBTA) plummeted 15.06% in pre-market trading on Thursday, following the release of disappointing third-quarter financial results and subsequent analyst downgrades. The digital promotions network operator reported a significant year-over-year decline in revenue and profitability, raising concerns among investors about the company's growth trajectory.\nIbotta's Q3 results, released after market close on Wednesday, showed total revenue of $83.3 million, representing a 16% decrease compared to the same period last year. The company's key metric, redemption revenue, fell 15% year-over-year to $72.1 million. Despite an increase in the number of redeemers on the Ibotta Performance Network, the average number of redemptions per redeemer declined, impacting overall revenue and indicating challenges in user engagement. Additionally, Ibotta's Q4 guidance disappointed investors, projecting revenue between $80-$85 million, representing a year-over-year decrease of 16% at the midpoint.\nFollowing the earnings release, several analysts downgraded Ibotta's stock. BofA lowered its price target to $22 from $24, maintaining an Underperform rating. Goldman Sachs reduced its price target to $23 from $26, keeping a Sell rating on the shares. The negative sentiment from analysts, combined with the weak financial performance and outlook, contributed to the sharp pre-market decline in Ibotta's stock price.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126869150","isCrawlerRequest":true}