Cantaloupe (CTLP) Stock Forecast, Price Target & Predictions
CTLP Stock Forecast
Cantaloupe stock forecast is as follows: an average price target of $11.00 (represents a 14.82% upside from CTLP’s last price of $9.58) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
CTLP Price Target
The average price target for Cantaloupe (CTLP) is $11.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 14.82% upside from CTLP's last price of $9.58.
CTLP Analyst Ratings
According to 2 Wall Street analysts, Cantaloupe's rating consensus is 'Buy'. The analyst rating breakdown for CTLP stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cantaloupe Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | George Sutton | Craig-Hallum | $11.00 | $6.39 | 72.14% | 14.82% |
The latest Cantaloupe stock forecast, released on Sep 11, 2024 by George Sutton from Craig-Hallum, set a price target of $11.00, which represents a 72.14% increase from the stock price at the time of the forecast ($6.39), and a 14.82% increase from CTLP last price ($9.58).
Cantaloupe Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $11.00 |
| Last Closing Price | $9.58 | $9.58 | $9.58 |
| Upside/Downside | -100.00% | -100.00% | 14.82% |
In the current month, the average price target of Cantaloupe stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cantaloupe's last price of $9.58. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 11, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 28, 2024 | Benchmark | Buy | Buy | Hold |
| May 06, 2024 | Benchmark | Buy | Buy | Hold |
Cantaloupe's last stock rating was published by Craig-Hallum on Sep 11, 2024. The company gave CTLP a "Buy" rating, the same as its previous rate.
Cantaloupe Financial Forecast
Cantaloupe Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $65.36M | $62.68M | $64.17M | $60.36M | $61.33M | $57.78M | $58.03M | $50.30M | $51.09M | $45.78M | $49.02M | $42.76M | $38.28M | $36.88M | $32.65M | $43.10M |
| Avg Forecast | $112.73M | $108.01M | $102.25M | $97.20M | $97.98M | $92.31M | $87.11M | $83.49M | $85.73M | $80.18M | $75.26M | $70.67M | $75.94M | $69.65M | $66.97M | $64.31M | $63.80M | $60.31M | $58.80M | $54.19M | $56.30M | $52.01M | $48.64M | $47.42M | $46.69M | $41.51M | $40.52M | $34.49M | $33.79M | $43.26M |
| High Forecast | $114.70M | $109.91M | $104.04M | $98.91M | $99.70M | $93.93M | $88.64M | $84.95M | $87.24M | $81.69M | $75.79M | $71.91M | $75.94M | $69.65M | $68.25M | $66.01M | $64.92M | $61.37M | $59.83M | $54.19M | $56.30M | $52.01M | $48.64M | $47.42M | $46.69M | $41.51M | $40.52M | $34.49M | $33.79M | $43.26M |
| Low Forecast | $110.91M | $106.28M | $100.60M | $95.64M | $96.40M | $90.83M | $85.71M | $82.14M | $84.35M | $78.81M | $74.81M | $69.53M | $75.94M | $69.65M | $65.81M | $63.22M | $62.77M | $59.34M | $57.86M | $54.19M | $56.30M | $52.01M | $48.64M | $47.42M | $46.69M | $41.51M | $40.52M | $34.49M | $33.79M | $43.26M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.97% | 1.01% | 1.00% | 1.04% | 1.07% | 1.03% | 0.97% | 1.05% | 0.97% | 1.05% | 1.03% | 0.94% | 1.07% | 0.97% | 1.00% |
Cantaloupe's average Quarter revenue forecast for Mar 24 based on 2 analysts is $69.65M, with a low forecast of $69.65M, and a high forecast of $69.65M. CTLP's average Quarter revenue forecast represents a 6.57% increase compared to the company's last Quarter revenue of $65.36M (Dec 23).
Cantaloupe EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.42M | $6.36M | $7.24M | $8.93M | $4.44M | $-6.51M | $-539.00K | $2.16M | $1.48M | $562.00K | $4.28M | $-724.00K | $-690.00K | $-1.65M | $-9.02M | $-7.00M |
| Avg Forecast | $176.94K | $169.55K | $160.50K | $152.58K | $153.79K | $144.90K | $136.74K | $131.05K | $134.57K | $125.86K | $118.14K | $110.92K | $119.20K | $109.33K | $105.12K | $100.94K | $100.14K | $94.67K | $92.30K | $1.29M | $1.34M | $9.74M | $1.15M | $1.13M | $1.11M | $-398.20K | $962.25K | $-726.44K | $802.37K | $1.03M |
| High Forecast | $180.05K | $172.52K | $163.31K | $155.25K | $156.49K | $147.44K | $139.13K | $133.35K | $136.93K | $128.22K | $118.97K | $112.87K | $119.20K | $109.33K | $107.13K | $103.62K | $101.90K | $96.33K | $93.92K | $1.29M | $1.34M | $11.68M | $1.15M | $1.13M | $1.11M | $-318.56K | $962.25K | $-581.15K | $802.37K | $1.03M |
| Low Forecast | $174.09K | $166.82K | $157.91K | $150.12K | $151.32K | $142.57K | $134.53K | $128.94K | $132.41K | $123.71K | $117.43K | $109.14K | $119.20K | $109.33K | $103.29K | $99.24K | $98.53K | $93.15K | $90.82K | $1.29M | $1.34M | $7.79M | $1.15M | $1.13M | $1.11M | $-477.84K | $962.25K | $-871.73K | $802.37K | $1.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 70.55% | 63.03% | 72.28% | 94.30% | 48.07% | -5.06% | -0.40% | 0.22% | 1.28% | 0.50% | 3.86% | 1.82% | -0.72% | 2.27% | -11.24% | -6.81% |
2 analysts predict CTLP's average Quarter EBITDA for Mar 24 to be $109.33K, with a high of $109.33K and a low of $109.33K. This is -98.53% lower than Cantaloupe's previous annual EBITDA (Dec 23) of $7.42M.
Cantaloupe Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.12M | $2.01M | $2.83M | $6.95M | $-573.00K | $-8.57M | $-2.08M | $2.14M | $-468.00K | $-1.29M | $2.66M | $-1.85M | $-2.90M | $-6.61M | $-11.41M | $-9.29M |
| Avg Forecast | $9.61M | $8.87M | $5.91M | $5.17M | $7.64M | $7.64M | $5.91M | $5.17M | $7.54M | $6.65M | $3.99M | $2.59M | $3.40M | $3.10M | $1.48M | $1.03M | $3.70M | $3.20M | $-739.21K | $-741.72K | $-927.15K | $6.73M | $-1.67M | $-2.04M | $-3.52M | $-1.02M | $-1.98M | $-2.91M | $-8.53M | $-2.23M |
| High Forecast | $9.83M | $9.07M | $6.05M | $5.29M | $7.81M | $7.81M | $6.05M | $5.29M | $7.71M | $6.80M | $4.08M | $2.65M | $3.48M | $3.18M | $2.22M | $1.06M | $3.78M | $3.28M | $-723.75K | $-741.72K | $-927.15K | $8.07M | $-1.67M | $-2.04M | $-3.52M | $-813.12K | $-1.98M | $-2.33M | $-8.53M | $-2.23M |
| Low Forecast | $9.41M | $8.69M | $5.79M | $5.07M | $7.48M | $7.48M | $5.79M | $5.07M | $7.38M | $5.99M | $3.91M | $2.53M | $3.33M | $3.04M | $1.45M | $1.01M | $3.62M | $3.14M | $-756.07K | $-741.72K | $-927.15K | $5.38M | $-1.67M | $-2.04M | $-3.52M | $-1.22M | $-1.98M | $-3.49M | $-8.53M | $-2.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.11% | 1.94% | 0.77% | 2.17% | 0.78% | 11.56% | 2.24% | 0.32% | 0.28% | 0.63% | -0.75% | 1.82% | 1.47% | 2.27% | 1.34% | 4.18% |
Cantaloupe's average Quarter net income forecast for Mar 24 is $3.10M, with a range of $3.04M to $3.18M. CTLP's average Quarter net income forecast represents a -0.62% decrease compared to the company's last Quarter net income of $3.12M (Dec 23).
Cantaloupe SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.87M | $14.58M | $15.29M | $10.20M | $9.92M | $14.50M | $12.88M | $8.72M | $9.42M | $9.60M | $14.25M | $13.73M | $13.83M | $16.78M | $20.38M | $20.07M |
| Avg Forecast | $30.68M | $29.40M | $27.83M | $26.46M | $26.67M | $25.13M | $23.71M | $22.72M | $23.34M | $21.82M | $20.49M | $19.24M | $20.67M | $18.96M | $18.23M | $17.50M | $17.37M | $16.42M | $16.01M | $14.75M | $15.32M | $27.48M | $13.24M | $12.91M | $12.71M | $7.55M | $11.03M | $7.85M | $9.20M | $11.77M |
| High Forecast | $31.22M | $29.92M | $28.32M | $26.92M | $27.14M | $25.57M | $24.13M | $23.12M | $23.74M | $22.23M | $20.63M | $19.57M | $20.67M | $18.96M | $18.58M | $17.97M | $17.67M | $16.70M | $16.29M | $14.75M | $15.32M | $32.98M | $13.24M | $12.91M | $12.71M | $9.06M | $11.03M | $9.42M | $9.20M | $11.77M |
| Low Forecast | $30.19M | $28.93M | $27.38M | $26.03M | $26.24M | $24.72M | $23.33M | $22.36M | $22.96M | $21.45M | $20.36M | $18.93M | $20.67M | $18.96M | $17.91M | $17.21M | $17.09M | $16.15M | $15.75M | $14.75M | $15.32M | $21.99M | $13.24M | $12.91M | $12.71M | $6.04M | $11.03M | $6.28M | $9.20M | $11.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.83% | 0.88% | 0.62% | 0.62% | 0.98% | 0.84% | 0.32% | 0.71% | 0.74% | 1.12% | 1.82% | 1.25% | 2.14% | 2.22% | 1.70% |
Cantaloupe's average Quarter SG&A projection for Mar 24 is $18.96M, based on 2 Wall Street analysts, with a range of $18.96M to $18.96M. The forecast indicates a 27.48% rise compared to CTLP last annual SG&A of $14.87M (Dec 23).
Cantaloupe EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.04 | $0.02 | $0.04 | $0.09 | $-0.01 | $-0.12 | $-0.03 | $0.03 | $-0.01 | $-0.02 | $0.04 | $-0.03 | $-0.04 | $-0.11 | $-0.18 | $-0.15 |
| Avg Forecast | $0.13 | $0.12 | $0.08 | $0.07 | $0.10 | $0.10 | $0.08 | $0.07 | $0.10 | $0.09 | $0.05 | $0.04 | $0.05 | $0.04 | $0.02 | $0.01 | $0.05 | $0.04 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.03 | $-0.05 | $-0.03 | $-0.03 | $-0.03 | $-0.12 | $-0.03 |
| High Forecast | $0.13 | $0.12 | $0.08 | $0.07 | $0.11 | $0.11 | $0.08 | $0.07 | $0.10 | $0.09 | $0.06 | $0.04 | $0.05 | $0.04 | $0.03 | $0.01 | $0.05 | $0.04 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.03 | $-0.05 | $-0.03 | $-0.03 | $-0.03 | $-0.12 | $-0.03 |
| Low Forecast | $0.13 | $0.12 | $0.08 | $0.07 | $0.10 | $0.10 | $0.08 | $0.07 | $0.10 | $0.08 | $0.05 | $0.03 | $0.05 | $0.04 | $0.02 | $0.01 | $0.05 | $0.04 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.03 | $-0.05 | $-0.03 | $-0.03 | $-0.03 | $-0.12 | $-0.03 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.00% | 1.43% | 0.80% | 2.08% | 0.80% | 12.00% | 2.40% | -1.50% | 0.29% | 0.73% | -0.84% | 1.00% | 1.50% | 3.38% | 1.55% | 5.00% |
According to 2 Wall Street analysts, Cantaloupe's projected average Quarter EPS for Mar 24 is $0.04, with a low estimate of $0.04 and a high estimate of $0.04. This represents a 5.00% increase compared to CTLP previous annual EPS of $0.04 (Dec 23).