Cantaloupe (CTLP) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cantaloupe in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTLP shares.
View CTLP analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year price targets for Cantaloupe's shares. Their CTLP share price forecasts range from $9.00 to $10.50. On average, they anticipate the company's stock price to reach $9.83 in the next year. This suggests a possible upside of 57.6% from the stock's current price.
View analysts price targets for CTLP or view top-rated stocks among Wall Street analysts.

Cantaloupe's stock was trading at $4.35 at the beginning of the year. Since then, CTLP shares have increased by 43.4% and is now trading at $6.24.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our CTLP earnings forecast.

Cantaloupe, Inc. (NASDAQ:CTLP) announced its quarterly earnings data on Wednesday, September, 6th. The technology company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The technology company had revenue of $64.17 million for the quarter, compared to analyst estimates of $63.37 million. Cantaloupe had a net margin of 0.26% and a trailing twelve-month return on equity of 0.41%. During the same quarter last year, the business posted ($0.03) EPS.

ETFMG Prime Mobile Payments ETF holds 168,708 shares of CTLP stock, representing 0.30% of its portfolio.

Cantaloupe updated its FY 2024 earnings guidance on Wednesday, September, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $275.00 million-$285.00 million, compared to the consensus revenue estimate of $278.49 million.

Cantaloupe trades on the NASDAQ under the ticker symbol "CTLP."

Cantaloupe's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.59%), Sargent Investment Group LLC (2.51%), Wasatch Advisors LP (2.08%), Geode Capital Management LLC (1.58%), Silvercrest Asset Management Group LLC (1.56%) and State Street Corp (1.45%). Insiders that own company stock include Hudson Executive Capital Lp, Ian Jiro Harris, Lisa P Baird, Ravi Venkatesan, Scott Matthew Stewart and Sean E Feeney.
View institutional ownership trends.

Shares of CTLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CTLP stock can currently be purchased for approximately $6.24.

Cantaloupe (NASDAQ:CTLP) has a market capitalization of $452.52 million and generates $243.64 million in revenue each year. The technology company earns $630,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis.

The company employs 250 workers across the globe.

Cantaloupe's mailing address is 100 DEERFIELD LANE SUITE 300, MALVERN PA, 19355. The official website for the company is www.usatech.com. The technology company can be reached via phone at (610) 989-0340, via email at monica@blueshirtgroup.com, or via fax at 610-989-0344.