Cantaloupe, Inc. (CTLP)
NASDAQ: CTLP · Real-Time Price · USD
9.09
+0.21 (2.32%)
Nov 21, 2024, 12:19 PM EST - Market open
Cantaloupe Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cantaloupe stock have an average target of 11.5, with a low estimate of 11 and a high estimate of 12. The average target predicts an increase of 26.58% from the current stock price of 9.09.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cantaloupe stock from 4 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | +32.09% | Nov 11, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | +32.09% | Nov 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $10 → $11 | Strong Buy | Maintains | $10 → $11 | +21.08% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $10 | Buy | Maintains | $10 | +10.07% | Nov 4, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $10 | Buy | Maintains | $10 | +10.07% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
319.41M
from 268.60M
Increased by 18.92%
Revenue Next Year
366.85M
from 319.41M
Increased by 14.85%
EPS This Year
0.31
from 0.15
Increased by 105.36%
EPS Next Year
0.48
from 0.31
Increased by 56.95%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 333.1M | 386.0M |
| Avg | 319.4M | 366.9M |
| Low | 304.0M | 342.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 24.0% | 20.8% |
| Avg | 18.9% | 14.9% |
| Low | 13.2% | 7.2% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.34 | 0.62 |
| Avg | 0.31 | 0.48 |
| Low | 0.25 | 0.38 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 124.0% | 101.1% |
| Avg | 105.4% | 57.0% |
| Low | 69.9% | 24.1% |
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.