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How to Buy Ibotta Stock

Ibotta Inc

Ibotta is a app company located in Colorado, United States, which is part of the Technology sector, and is traded under the ticker IBTA on the NYSE exchange.

Ibotta stock last closed at $68.78, down 0.59% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Software - Application industry by N/A percentage points. Ibotta stock is currently +5.55% from its 52-week low of $65.17, and -41.51% from its 52-week high of $117.59.

At the moment, there are 30.45M IBTA shares outstanding. The market cap of IBTA is $2.09B. In the last 24 hours, 82,896 IBTA shares were traded.

How to Buy Ibotta Stock

Wondering how to invest in Ibotta stock? Here's how.
  1. Choose where to buy Ibotta stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Ibotta stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your method of payment and add your details.
  4. Research Ibotta stock: The Ibotta ticker symbol is IBTA. Is Ibotta stock a good investment? Should you buy shares of IBTA? How do IBTA's underlying business fundamentals look? Do top analysts think Ibotta is a good buy? Why has IBTA's stock price moved recently? (Hint: Our stock research website can help you figure out if IBTA is a good stock to buy).
  5. Place your IBTA buy order: Decide if you will purchase IBTA shares at the current market price or use a limit order to purchase IBTA stock at a given price.
  6. Get key alerts regarding your IBTA position: Create a watchlist to key updates about your new investment in Ibotta shares.

Step 1: Choose where to buy Ibotta stock

You need an online brokerage account in order to access the NYSE market and buy IBTA stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal details so you are able to buy IBTA today.

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  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've opened your account on app for investing, you can securely and quickly fund your account:

Watch this video walkthrough if you need help transferring funds into your new investment account.

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Step 4: Research Ibotta stock

After you have figured out the best place to buy Ibotta stock, it's critical to research their stock before you buy, so you truly understand the risk as well as the upside.

Ibotta stock data

IBTA Price
$68.78
1w %
-0.81%
1y %
N/A
5y %
N/A
P/E
N/A
P/B
47.5x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$2.09B
Next Earnings
N/A
Next Dividend
N/A

IBTA Due Diligence Checks

WallStreetZen was built to help everyday investors do better fundamental analysis.

You can view all of the due diligence checks on IBTA's stock page.

Is IBTA stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge IBTA's true value.

Using relative valuations measures:

  • IBTA could be overvalued based on its P/B ratio of 47.5x, relative to Software - Application industry P/B ratio of 6.57x

You can do additional valuation research on IBTA's stock here.

IBTA Financials at a glance

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the IBTA balance sheet.
  • There are more short-term assets than short-term liabilities on the IBTA balance sheet.

Negative Financial Indicators:

  • IBTA has a relatively high debt to equity ratio of 6.3.

Do analysts think it's a good time to buy Ibotta stock

Out of 9 sell side analysts who give recommendations on IBTA, the consensus analyst rating on Ibotta is a Strong Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent IBTA Analyst Upgrades/Downgrades

Andrew Marok, a top 23% analyst from Raymond James initiates coverage on IBTA with a buy rating and announces their IBTA price target of $125.00, on May 13, 2024.

Mark Mahaney, a top 2% analyst from Evercore ISI Group initiates coverage on IBTA with a buy rating and announces their IBTA price target of $125.00, on May 13, 2024.

Curtis Nagle, a top 20% analyst from Bank of America initiates coverage on IBTA with a strong buy rating and announces their IBTA price target of $117.00, on May 13, 2024.

Eric Sheridan, a top 1% analyst from Goldman Sachs initiates coverage on IBTA with a hold rating and announces their IBTA price target of $103.00, on May 13, 2024.

You can dig deeper into what analysts are saying on the Ibotta stock forecast page.

IBTA Trading Indicators

SMA10
70.36
SMA20
70.89
SMA50
85.82
SMA100
N/A
SMA200
N/A
MACD
-4.28
MACD Signal
-5.01
MACD Histogram
0.74
RSI
37.74
Stochastic %K
40.48
Stochastic %D
40.22
StochRSI %K
78.64
StochRSI %D
79.35

Are IBTA insiders buying or selling the stock?

In the last year, insiders at IBTA have sold more shares than they have bought.

Christopher J. Jensen, CHIEF REVENUE OFFICER of IBTA, was the latest IBTA insider to buy. They bought $10,383.30 worth of IBTA shares on Jun 5, 2024.

Research more about who owns IBTA shares here.

Can I rely on IBTA as an income stream?

No, Ibotta doesn't provide an income stream by paying out dividends.

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Step 5: Place your IBTA buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.

Click the Open button and your broker will execute your order.

If you require additional info about investing in stocks on eToro, watch the helpful video below:

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Step 6: Get key alerts regarding your IBTA position

Now that you own some IBTA stock, you'll want to keep up with your company.

Create a watchlist to see the latest developments about your IBTA stock.

IBTA Feed

How to Buy Stock in Ibotta

To summarize, here are the 6 steps you need to take to buy Ibotta stock right now:

  1. Choose where to buy Ibotta stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Research Ibotta stock
  5. Place your IBTA buy order
  6. Get key alerts regarding your IBTA position

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Ibotta, click the button below.

NYSE: IBTA
$68.78-0.41 (-0.59%)
Updated Jul 16, 2024
Open eToro Account
NYSE: IBTA
$68.78-0.41 (-0.59%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ibotta share?

As of Jul 16, 2024, it costs $68.78 to buy one share of Ibotta stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.145 shares of IBTA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ibotta stock?

According to 9 Wall Street analysts who monitor Ibotta, their consensus recommendation is to buy Ibotta stock.

What is the best way to buy Ibotta stock?

One way to place an order for Ibotta stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.