Added to YB: 2024-09-17
Pitch date: 2024-09-15
IBTA [bullish]
Ibotta, Inc.
-64%
current return
Author Info
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Company Info
Ibotta, Inc., a technology company, provides digital promotion services to clients in the United States.
Market Cap
$1.4B
Pitch Price
$59.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.82
P/E
17.25
EV/Sales
2.78
Sector
Media
Category
value
Ibotta what Cardlytics was supposed to be...
IBTA: Down 50% since IPO. Exclusive partnerships w/ Walmart, Dollar General, Family Dollar; new deal w/ Instacart. Undervalued at 10x TTM & 7x NTM CF. Strong growth potential via partnerships, user expansion, budget increases. High-margin (85%+), capital-light model. Trades at 5-7x fwd FCF w/ 15%+ growth. $100M buyback initiated.
Read full article (13 min)