Stock Price Prediction

IBG stock shows bullish potential with a Fibonacci resistance level at $0.96 and a pivot at $0.85, indicating upward momentum. The RSI of 31.65 suggests it is nearing oversold territory, which could attract buyers. Recent analyst sentiment is positive, with a "Strong Buy" rating, further supporting a bullish outlook.

IBG stock is currently trading at $0.85, down 15% recently. Bears argue that the stock is overvalued after its recent IPO surge, with limited financial performance to justify its valuation. Additionally, the lack of consistent profitability and high volatility make it a risky investment.