Cantaloupe, Inc. (CTLP)
NASDAQ: CTLP · IEX Real-Time Price · USD
6.61
+0.06 (0.92%)
At close: Jul 2, 2024, 4:00 PM
6.80
+0.19 (2.87%)
After-hours: Jul 2, 2024, 5:23 PM EDT
Cantaloupe Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cantaloupe stock have an average target of 10, which predicts an increase of 51.29% from the current stock price of 6.61.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for Cantaloupe stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $10 | Buy | Maintains | $10 | +51.29% | May 28, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $10 | Buy | Maintains | $10 | +51.29% | May 15, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $10 | Buy | Maintains | $10 | +51.29% | May 10, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $10 | Buy | Reiterates | $10 | +51.29% | May 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +51.29% | Mar 25, 2024 |
Financial Forecast
Revenue This Year
277.43M
from 243.64M
Increased by 13.87%
Revenue Next Year
322.11M
from 277.43M
Increased by 16.10%
EPS This Year
0.17
EPS Next Year
0.27
from 0.17
Increased by 57.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 286.4M | 335.1M | 390.2M |
| Avg | 277.4M | 322.1M | 376.6M |
| Low | 264.7M | 304.4M | 359.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.6% | 20.8% | 21.1% |
| Avg | 13.9% | 16.1% | 16.9% |
| Low | 8.6% | 9.7% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.19 | 0.33 | 0.46 |
| Avg | 0.17 | 0.27 | 0.40 |
| Low | 0.16 | 0.22 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 90.0% | 71.6% |
| Avg | - | 57.1% | 49.6% |
| Low | - | 25.8% | 27.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.