Ibotta
IBTAMarket price data through November 12, 2026.
Performance
Apr 2024 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -22%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$75
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- January 2025
- The month this stock first became a Benson pick.
- Tracking duration
- 21 months
- How long Benson has been tracking this pick.
About Ibotta
Ibotta powers the digital coupons and cash-back deals that show up inside apps like Walmart, Instacart, and now 7-Eleven, reaching over 200 million shoppers. Think of it as the Sunday newspaper coupon rebuilt for your phone. Brands pay Ibotta only when a shopper actually buys their product.
The case for and against
Both sides of the story, in plain English.
- Sales Snapback
Sales grew 17% to about 98 million dollars this quarter, beating the company's own forecast. That's a sharp turnaround from a year ago, when sales were falling. Money from partner apps like Walmart jumped 43% to about 71 million dollars as brands offered more deals and shoppers hunted for value.
- Shopper Surge
About 23.6 million people used a deal this quarter, up 30% from a year ago. Purchases made through partner apps soared 57% to nearly 98 million. New launches at Giant Eagle, 7-Eleven, Speedway, and Festival Foods should keep bringing in new shoppers over the next few quarters.
- Shrinking Slices
Ibotta now earns about 76 cents each time a shopper uses a deal, down 13% from 87 cents a year ago, because more of its business runs through partner apps that pay less per deal. Purchases through Ibotta's own app fell 10%. That leaves the company leaning harder on a few giant partners like Walmart.
- Speed Bump Ahead
Ibotta expects next quarter's sales to land between 94 and 98 million dollars. That's about 8% growth, less than half of this quarter's pace. It also lost 3.5 million dollars once you count the stock it pays employees, so it still isn't profitable on paper.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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