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 20.09% upside from CTLP’s last price of $9.16) 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 20.09% upside from CTLP's last price of $9.16.
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% | 20.09% |
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 20.09% increase from CTLP last price ($9.16).
Cantaloupe Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $11.00 | $11.00 |
| Last Closing Price | $9.16 | $9.16 | $9.16 |
| Upside/Downside | -100.00% | 20.09% | 20.09% |
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 $9.16. This month's average price target is down -100.00% 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 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 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $44.05M | $42.15M | $38.23M | $37.65M |
| Avg Forecast | $97.32M | $92.11M | $87.29M | $83.56M | $85.68M | $80.56M | $75.68M | $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 | $41.27M | $38.41M | $51.60M | $44.10M |
| High Forecast | $97.32M | $92.11M | $87.29M | $83.56M | $85.68M | $80.56M | $75.68M | $72.65M | $75.94M | $69.65M | $68.25M | $66.01M | $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 | $41.27M | $38.41M | $51.60M | $44.10M |
| Low Forecast | $97.32M | $92.11M | $87.29M | $83.56M | $85.68M | $80.56M | $75.68M | $69.07M | $75.94M | $69.65M | $65.81M | $63.22M | $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 | $41.27M | $38.41M | $51.60M | $44.10M |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 |
| 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% | 1.07% | 1.10% | 0.74% | 0.85% |
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 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 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 |
| 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 | $-5.19M | $-11.16M | $-8.16M | $-1.53M |
| Avg Forecast | $2.31M | $2.19M | $2.07M | $1.98M | $2.03M | $1.91M | $1.80M | $1.68M | $1.80M | $1.65M | $1.59M | $1.53M | $1.51M | $1.43M | $1.40M | $1.29M | $1.34M | $9.74M | $1.15M | $1.13M | $1.11M | $-398.20K | $962.25K | $-726.44K | $802.37K | $1.03M | $979.98K | $-23.45M | $1.23M | $1.05M |
| High Forecast | $2.31M | $2.19M | $2.07M | $1.98M | $2.03M | $1.91M | $1.80M | $1.73M | $1.80M | $1.65M | $1.62M | $1.57M | $1.51M | $1.43M | $1.40M | $1.29M | $1.34M | $11.68M | $1.15M | $1.13M | $1.11M | $-318.56K | $962.25K | $-581.15K | $802.37K | $1.03M | $979.98K | $-18.76M | $1.23M | $1.05M |
| Low Forecast | $2.31M | $2.19M | $2.07M | $1.98M | $2.03M | $1.91M | $1.80M | $1.64M | $1.80M | $1.65M | $1.56M | $1.50M | $1.51M | $1.43M | $1.40M | $1.29M | $1.34M | $7.79M | $1.15M | $1.13M | $1.11M | $-477.84K | $962.25K | $-871.73K | $802.37K | $1.03M | $979.98K | $-28.14M | $1.23M | $1.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 4.66% | 4.17% | 4.78% | 6.23% | 3.18% | -5.06% | -0.40% | 0.22% | 1.28% | 0.50% | 3.86% | 1.82% | -0.72% | 2.27% | -11.24% | -6.81% | -5.30% | 0.48% | -6.66% | -1.46% |
2 analysts predict CTLP's average Quarter EBITDA for Mar 24 to be $1.65M, with a high of $1.65M and a low of $1.65M. This is -77.70% lower than Cantaloupe's previous annual EBITDA (Dec 23) of $7.42M.
Cantaloupe Net Income Forecast
| 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 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 |
| 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 | $-8.38M | $-12.90M | $-10.54M | $-4.51M |
| Avg Forecast | $8.90M | $8.16M | $6.68M | $5.75M | $7.29M | $6.68M | $4.33M | $2.60M | $3.41M | $3.12M | $1.48M | $1.04M | $3.71M | $3.21M | $-741.72K | $-741.72K | $-927.15K | $6.73M | $-1.67M | $-2.04M | $-3.52M | $-1.02M | $-1.98M | $-2.91M | $-8.53M | $-2.23M | $-6.68M | $-27.62M | - | $-1.48M |
| High Forecast | $8.90M | $8.16M | $6.68M | $5.75M | $7.29M | $6.68M | $4.33M | $3.25M | $3.41M | $3.12M | $2.23M | $1.04M | $3.71M | $3.21M | $-741.72K | $-741.72K | $-927.15K | $8.07M | $-1.67M | $-2.04M | $-3.52M | $-813.12K | $-1.98M | $-2.33M | $-8.53M | $-2.23M | $-6.68M | $-22.10M | - | $-1.48M |
| Low Forecast | $8.90M | $8.16M | $6.68M | $5.75M | $7.29M | $6.68M | $4.33M | $1.95M | $3.41M | $3.12M | $1.48M | $1.04M | $3.71M | $3.21M | $-741.72K | $-741.72K | $-927.15K | $5.38M | $-1.67M | $-2.04M | $-3.52M | $-1.22M | $-1.98M | $-3.49M | $-8.53M | $-2.23M | $-6.68M | $-33.14M | - | $-1.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 2.11% | 1.93% | 0.76% | 2.16% | 0.77% | 11.56% | 2.24% | 0.32% | 0.28% | 0.63% | -0.75% | 1.82% | 1.47% | 2.27% | 1.34% | 4.18% | 1.26% | 0.47% | - | 3.04% |
Cantaloupe's average Quarter net income forecast for Mar 24 is $3.12M, with a range of $3.12M to $3.12M. CTLP's average Quarter net income forecast represents a -0.28% decrease compared to the company's last Quarter net income of $3.12M (Dec 23).
Cantaloupe SG&A Forecast
| 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 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 |
| 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 | $19.44M | $21.87M | $17.85M | $12.56M |
| Avg Forecast | $26.49M | $25.07M | $23.76M | $22.74M | $23.32M | $21.93M | $20.60M | $19.23M | $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 | $11.23M | $10.46M | $14.05M | $12.00M |
| High Forecast | $26.49M | $25.07M | $23.76M | $22.74M | $23.32M | $21.93M | $20.60M | $19.78M | $20.67M | $18.96M | $18.58M | $17.97M | $17.37M | $16.42M | $16.01M | $14.75M | $15.32M | $32.98M | $13.24M | $12.91M | $12.71M | $9.06M | $11.03M | $9.42M | $9.20M | $11.77M | $11.23M | $10.46M | $14.05M | $12.00M |
| Low Forecast | $26.49M | $25.07M | $23.76M | $22.74M | $23.32M | $21.93M | $20.60M | $18.80M | $20.67M | $18.96M | $17.91M | $17.21M | $17.37M | $16.42M | $16.01M | $14.75M | $15.32M | $21.99M | $13.24M | $12.91M | $12.71M | $6.04M | $11.03M | $6.28M | $9.20M | $11.77M | $11.23M | $10.46M | $14.05M | $12.00M |
| 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% | 1.73% | 2.09% | 1.27% | 1.05% |
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 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 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 |
| 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 | $-0.13 | $-0.22 | $-0.18 | $-0.08 |
| Avg Forecast | $0.12 | $0.11 | $0.09 | $0.08 | $0.10 | $0.09 | $0.06 | $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 | $-0.09 | $-0.07 | - | $-0.02 |
| High Forecast | $0.12 | $0.11 | $0.09 | $0.08 | $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 | $-0.09 | $-0.07 | - | $-0.02 |
| Low Forecast | $0.12 | $0.11 | $0.09 | $0.08 | $0.10 | $0.09 | $0.06 | $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 | $-0.09 | $-0.07 | - | $-0.02 |
| 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% | 1.44% | 3.00% | - | 4.00% |
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).
Cantaloupe Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CYXT | Cyxtera | $0.07 | $6.35 | 8971.43% | Buy |
| NOTE | FiscalNote | $0.85 | $7.25 | 752.94% | Buy |
| ALYA | Alithya Group | $1.13 | $3.50 | 209.73% | Hold |
| CTLP | Cantaloupe | $9.16 | $11.00 | 20.09% | Buy |
| G | Genpact | $38.78 | $42.25 | 8.95% | Hold |
| ASGN | ASGN | $91.43 | $99.00 | 8.28% | Hold |
| CACI | CACI | $553.27 | $491.11 | -11.24% | Buy |
| NYAX | Nayax | $28.48 | $24.67 | -13.38% | Hold |
CTLP Forecast FAQ
Is Cantaloupe a good buy?
Yes, according to 2 Wall Street analysts, Cantaloupe (CTLP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of CTLP's total ratings.
What is CTLP's price target?
Cantaloupe (CTLP) average price target is $11 with a range of $11 to $11, implying a 20.09% from its last price of $9.16. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cantaloupe stock go up soon?
According to Wall Street analysts' prediction for CTLP stock, the company can go up by 20.09% (from the last price of $9.16 to the average price target of $11), up by 20.09% based on the highest stock price target, and up by 20.09% based on the lowest stock price target.
Can Cantaloupe stock reach $14?
CTLP's average twelve months analyst stock price target of $11 does not support the claim that Cantaloupe can reach $14 in the near future.
What are Cantaloupe's analysts' financial forecasts?
Cantaloupe's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $312.59M (high $314.58M, low $310.99M), average EBITDA is $7.42M (high $7.47M, low $7.38M), average net income is $20.89M (high $21.54M, low $20.24M), average SG&A $85.08M (high $85.62M, low $84.65M), and average EPS is $0.282 (high $0.29, low $0.273). CTLP's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $360.28M (high $360.28M, low $360.28M), average EBITDA is $8.55M (high $8.55M, low $8.55M), average net income is $29.48M (high $29.48M, low $29.48M), average SG&A $98.07M (high $98.07M, low $98.07M), and average EPS is $0.397 (high $0.397, low $0.397).
Did the CTLP's actual financial results beat the analysts' financial forecasts?
Based on Cantaloupe's last annual report (Jun 2023), the company's revenue was $243.64M, beating the average analysts forecast of $237.1M by 2.76%. Apple's EBITDA was $15.09M, beating the average prediction of $5.63M by 167.99%. The company's net income was $633K, missing the average estimation of $5.44M by -88.36%. Apple's SG&A was $49.35M, missing the average forecast of $64.54M by -23.53%. Lastly, the company's EPS was $0.0088, missing the average prediction of $0.0733 by -88.00%. In terms of the last quarterly report (Dec 2023), Cantaloupe's revenue was $65.36M, missing the average analysts' forecast of $66.97M by -2.40%. The company's EBITDA was $7.42M, beating the average prediction of $1.59M by 366.38%. Cantaloupe's net income was $3.12M, beating the average estimation of $1.48M by 110.59%. The company's SG&A was $14.87M, missing the average forecast of $18.23M by -18.41%. Lastly, the company's EPS was $0.04, beating the average prediction of $0.02 by 100.00%