Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cantaloupe, Inc. Market Cap
From what 6 stock analysts predict, the share price for Cantaloupe, Inc. (CTLP) might increase by 24.59% in the next year. This is based on a 12-month average estimation for CTLP. Price targets go from $10.5 to $12. The majority of stock analysts believe CTLP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assignedCTLP 6 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cantaloupe, Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CTLP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CTLP.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Michael Latimore Northland Capital Markets | Outperform | $12 | Maintains | Nov 11, 2024 |
| Gary Prestopino Barrington Research | Outperform | $12 | Maintains | Nov 8, 2024 |
| Mark Palmer Benchmark | Buy | $11 | Maintains | Nov 8, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | Nov 4, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | Sep 13, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | Sep 11, 2024 |
| George Sutton Craig-Hallum | Buy | $11 | Maintains | Sep 11, 2024 |
| Mark Palmer Benchmark | Buy | $10 | Reiterates | Sep 11, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | Sep 6, 2024 |
| Michael Latimore Northland Capital Markets | Outperform | $10 | Maintains | Jul 12, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | May 28, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | May 15, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Maintains | May 10, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Reiterates | May 6, 2024 |
| Mark Palmer Benchmark | Buy | $10 | Reiterates | Mar 25, 2024 |
| Mark Palmer Benchmark | Buy | $10 | Initiates | Feb 23, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Reiterates | Feb 14, 2024 |
| Gary Prestopino Barrington Research | Outperform | $10 | Reiterates | Jan 3, 2024 |
| Mark Palmer Berenberg | Buy | $9 | Initiates | Oct 3, 2023 |
| Gary Prestopino Barrington Research | Outperform | $10 | Reiterates | Sep 7, 2023 |
When did it IPO
2021
Staff Count
360
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Ravi Venkatesan
Market Cap
$660.5M
In 2023, CTLP generated $243.6M in revenue, which was a increase of 18.73% from the previous year. This can be seen as a signal that CTLP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 25 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Cantaloupe (CTLP) is highlighted as a strong investment option, showing recent price strength and fundamental stability, making it appealing for profit-seeking investors.
Why It Matters - Cantaloupe's strong fundamentals and recent price momentum suggest potential for profit, attracting investors seeking growth opportunities in favorable market conditions.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cantaloupe Inc. ($CTLP) will offer point-of-sale support for the Christmas Around the World event at Lake Erie Crushers Stadium, running from Nov 29 to Jan 4.
Why It Matters - Cantaloupe's POS support at a major event enhances brand visibility and revenue potential, signaling growth opportunities that could positively impact stock performance.
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cantaloupe Inc. was named a "2024 Champion of Board Diversity" by The Forum of Executive Women, marking the fourth consecutive year for this recognition.
Why It Matters - Cantaloupe's recognition for board diversity can enhance its reputation, attract socially conscious investors, and potentially improve long-term performance through diverse leadership.
Fri, 15 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cantaloupe, Inc. received two awards from the Technology Association of Georgia for innovation and impact in the Fintech sector.
Why It Matters - Cantaloupe, Inc.'s recognition in Fintech highlights its competitive edge and innovation, potentially boosting investor confidence and attracting interest in its growth prospects.
Sat, 09 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Cantaloupe, Inc. (NASDAQ: CTLP) will hold its Q1 2025 earnings conference call on November 7, 2024, at 5:00 PM ET, featuring CEO Ravi Venkatesan and CFO Scott Stewart.
Why It Matters - Cantaloupe, Inc.'s Q1 earnings call will provide insights into financial performance and strategic direction, impacting investor sentiment and stock valuation.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Cantaloupe, Inc. (Nasdaq: CTLP) reported strong Q1 results for FY 2025, with increased revenue growth, continued profitability, and new product launches.
Why It Matters - Cantaloupe's strong revenue growth and profitability signals potential for continued financial health, making it an attractive option for investors seeking growth in technology solutions.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
