Cantaloupe, Inc. (CTLP)
NASDAQ: CTLP · IEX Real-Time Price · USD
6.23
+0.10 (1.63%)
Apr 23, 2024, 4:00 PM EDT - Market closed
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 60.51% from the current stock price of 6.23.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 25, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +60.51% | Mar 25, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +60.51% | Feb 23, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $10 | Buy | Reiterates | $10 | +60.51% | Feb 14, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $10 | Buy | Reiterates | $10 | +60.51% | Jan 3, 2024 |
| Berenberg | Berenberg | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +44.46% | Oct 3, 2023 |
Financial Forecast
Revenue This Year
279.87M
from 243.64M
Increased by 14.87%
Revenue Next Year
322.99M
from 279.87M
Increased by 15.41%
EPS This Year
0.16
EPS Next Year
0.27
from 0.16
Increased by 73.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 291.6M | 336.1M | 390.2M |
| Avg | 279.9M | 323.0M | 376.4M |
| Low | 264.3M | 301.5M | 359.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.7% | 20.1% | 20.8% |
| Avg | 14.9% | 15.4% | 16.5% |
| Low | 8.5% | 7.7% | 11.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.20 | 0.39 | 0.45 |
| Avg | 0.16 | 0.27 | 0.39 |
| Low | 0.12 | 0.22 | 0.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 150.6% | 67.7% |
| Avg | - | 73.7% | 45.8% |
| Low | - | 39.1% | 23.7% |
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.