Bearish thesis on Ibotta (IBTA) due to consumer disengagement, strained partnerships, fraud allegations, and stock decline

From Yahoo Finance: 2025-06-24 11:53:00

Ibotta, Inc. (IBTA) has faced a bearish thesis by The Bear Cave, with concerns over consumer disengagement, strained partnerships, and fraud allegations. The stock has lost half its value since its IPO in April 2024. The report suggests that Ibotta may have deeper structural flaws, not just short-term growing pains. While some investors see potential in the digital couponing company, The Bear Cave warns of significant downside risk. Ibotta is not among the 30 Most Popular Stocks Among Hedge Funds, with only 8 portfolios holding the stock at the end of the first quarter. The company’s future remains uncertain amidst growing skepticism.



Read more at Yahoo Finance: Ibotta, Inc. (IBTA): A Bear Case Theory