Cantaloupe (CTLP) Stock Forecast & Price Target

$8.86

-0.14 (-1.56%)

(As of 10/31/2024 ET)

Cantaloupe - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 4 Analyst Ratings

Sell
0

Hold
0

Buy
4

Based on 4 Wall Street analysts who have issued ratings for Cantaloupe in the last 12 months, the stock has a consensus rating of "Buy." Out of the 4 analysts, 4 have given a buy rating for CTLP.

Consensus Price Target

$10.25
15.69% Upside

According to the 4 analysts' twelve-month price targets for Cantaloupe, the average price target is $10.25. The highest price target for CTLP is $11.00, while the lowest price target for CTLP is $10.00. The average price target represents a forecasted upside of 15.69% from the current price of $8.86.

Get the Latest News and Ratings for CTLP and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Cantaloupe and its competitors.

CTLP Analyst Ratings Over Time

Type	Current Forecast 11/1/23 to 10/31/24	1 Month Ago 10/2/23 to 10/1/24	3 Months Ago 8/3/23 to 8/2/24	1 Year Ago 11/1/22 to 11/1/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$10.25	$10.00	$9.90	$9.63
Forecasted Upside	15.69% Upside	27.06% Upside	37.69% Upside	51.57% Upside
Consensus Rating	Buy	Buy	Buy	Buy

Protect Your Bank Account with THESE 4 Simple Steps (Ad)

Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.

Learn these 4 simple steps and protect your savings before it’s too late.

CTLP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CTLP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cantaloupe Stock vs. The Competition

Type	Cantaloupe	Business Services Companies	S&P 500
Consensus Rating Score	3.00	2.68	2.50
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	14.40% Upside	322.17% Upside	10.08% Upside
News Sentiment Rating	Neutral News See Recent CTLP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2024	Barrington Research 4 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$10.00 ➝ $10.00	+58.48%
9/11/2024	Benchmark 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$10.00 ➝ $10.00	+66.67%
9/11/2024	Craig Hallum 3 of 5 stars	G. Sutton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$13.00 ➝ $11.00	+72.14%
7/12/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$10.00 ➝ $10.00	+53.37%
10/2/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$9.00	+35.54%
9/7/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform
8/17/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$10.50	+45.63%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:03 PM ET.

CTLP Forecast - Frequently Asked Questions

: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Cantaloupe is $10.25, with a high forecast of $11.00 and a low forecast of $10.00.
: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cantaloupe in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTLP shares.
: According to analysts, Cantaloupe's stock has a predicted upside of 15.69% based on their 12-month stock forecasts.
: Cantaloupe has been rated by research analysts at Barrington Research, Benchmark, and Craig Hallum in the past 90 days.
: Analysts like Cantaloupe more than other "business services" companies. The consensus rating for Cantaloupe is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how CTLP compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Banking failure dead ahead (Ad)

If you missed it, my emergency election broadcast is now available - but will be removed soon

Click here to watch it now.

This page (NASDAQ:CTLP) was last updated on 10/31/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Cantaloupe (CTLP) Stock Forecast & Price Target