Core Viewpoint - A class action lawsuit has been filed against Ibotta, Inc. regarding its IPO, alleging failure to disclose risks associated with its contract with Kroger [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the U.S. District Court for the District of Colorado on behalf of investors who acquired Ibotta securities during its IPO on April 18, 2024 [1]. - Investors have until June 16, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Group 2: IPO Information - Ibotta's IPO involved the sale of 2.5 million shares at $88.00 per share, with an additional 4 million shares offered by selling stockholders, resulting in gross proceeds of approximately $206.8 million [4]. - The price of Ibotta's securities has decreased by 45%, closing at $47.69 per share on April 17, 2025, compared to the IPO price [6]. Group 3: Allegations Against Ibotta - The complaint alleges that Ibotta's registration statement did not adequately disclose the risks related to its contract with Kroger, which could significantly impact the company's operations [3][5]. - The registration statement included general warnings about maintaining client relationships but failed to specify the risk of losing a major client like Kroger [5].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. securities related to its April 2024 IPO, alleging misleading statements in the Registration Statement [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the Registration Statement contained false or misleading statements and failed to disclose risks regarding Ibotta's contract with Kroger, which was at-will, allowing for cancellation without warning [5]. - Ibotta did not adequately warn investors about the risk of losing a major client, despite detailing terms with another customer [5]. Group 2: Investor Information - Investors who purchased Ibotta securities may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has a history of representing investors globally [4].

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ibotta, Inc. (“Ibotta” or “the Company”) (NYSE: IBTA) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Ibotta investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley ...

Core Insights - TTEC Holdings (TTEC) is currently viewed as a more attractive investment compared to Ibotta (IBTA) based on various valuation metrics and earnings outlook [1][7] Valuation Metrics - TTEC has a forward P/E ratio of 3.41, significantly lower than IBTA's forward P/E of 35.92, indicating TTEC may be undervalued [5] - The PEG ratio for TTEC is 0.42, while IBTA's PEG ratio stands at 3.82, suggesting TTEC has better growth potential relative to its price [5] - TTEC's P/B ratio is 0.70, compared to IBTA's P/B of 2.80, further supporting TTEC's valuation as more favorable [6] Earnings Outlook - TTEC is currently rated with a Zacks Rank of 2 (Buy), reflecting a positive earnings estimate revision trend, while IBTA has a Zacks Rank of 5 (Strong Sell), indicating a less favorable outlook [3][7]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Ibotta, Inc. due to allegations of misleading business information [1] Group 1: Investor Claims - Shareholders who purchased Ibotta securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 2: Stock Performance - Ibotta's shares fell 30% after the release of Q4 earnings that missed expectations and provided weak guidance for Q1 2025 [3] - Following this news, Ibotta's stock plummeted 46% on February 27, 2025 [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [4] - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]

NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Ibotta, Inc. (“Ibotta” or the “Company”) (NYSE: IBTA) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Ibotta is a technology comp ...

NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Ibotta, Inc. (NYSE: IBTA) resulting from allegations that Ibotta may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Ibotta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The ...

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/? case_id=36526 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. NEW YORK, March 29, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Ibotta, Inc. (NYSE: IBTA) resulting from allegations that Ibotta may have issued materially mi ...

Core Insights - Companies can reward shareholders more effectively through stock buybacks rather than dividends, as dividends incur double taxation and reduce available capital for reinvestment [1][2] - Ibotta Inc. has engaged in stock buybacks, indicating management's belief that the stock is undervalued despite a 32% decline year-to-date [3][6][10] Financial Performance - Ibotta reported net revenue of $367.3 million, reflecting a net annual growth rate of 20% and a 3% increase in gross margins [7] - The company benefits from high gross margins of 85% due to its software nature and partnerships with platforms like Instacart and DoorDash [8][9] Market Position and Valuation - Ibotta's price-to-earnings (P/E) ratio stands at 24.4x, significantly higher than the services sector average of 12.2x, suggesting a premium valuation [12] - The company's business model is positioned to benefit from tightening consumer budgets, which may justify its premium valuation [13]

Core Insights - True value in investments is derived from growth rather than short-term gains, emphasizing a long-term perspective on evaluation [1] - Great businesses provide significant societal value and exhibit durability, deserving of substantial growth [1] - Key characteristics sought in businesses include selection, convenience, value, and durability, with a preference for non-cyclical businesses [1] Business Characteristics - Businesses that consistently outperform competitors through superior products and services are favored [1] - The ability to create multiple revenue streams and maintain complex operations is seen as advantageous [1] - A business's resilience in the face of adversity is a critical test of its durability [1] Value Drivers - Uniqueness is identified as the primary driver of value [1] - Low costs associated with maintaining existing operations allow for high leverage in reinvestment and growth [1] - Trust and network effects are important indicators of a business's durability [1] Management Importance - Effective management is crucial, with a preference for executives who have aligned interests and a strong focus on the business [1] - Companies led by seasoned CEOs, founders, or family businesses are viewed favorably [1] - Good management fosters a culture of empowerment and attracts talent, with continuous learning being a key trait [1] Investment Strategy - The success of companies like Amazon illustrates the benefits of a customer-centric approach [1] - Buyback strategies are recommended for businesses with durable models [1] - The optimal time for investment is when negative news is already priced in, revealing true value [1] Market Dynamics - Price movements are influenced by expectations and surprises, with a focus on companies that have negative factors priced in but positive aspects underestimated [1]