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NASDAQ: CTLP
Cantaloupe Inc Stock Forecast, Predictions & Price Target

Analyst price target for CTLP

Based on 2 analysts offering 12 month price targets for Cantaloupe Inc.
Min Forecast
$10.00+62.34%
Avg Forecast
$10.00+62.34%
Max Forecast
$10.00+62.34%

Should I buy or sell CTLP stock?

Based on 2 analysts offering ratings for Cantaloupe Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CTLP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-25
lockedlocked$00.00+00.00%2024-02-14

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Forecast return on equity

Is CTLP forecast to generate an efficient return?

Forecast return on assets

Is CTLP forecast to generate an efficient return on assets?

CTLP revenue forecast

What is CTLP's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$275.7M+9.17%
Avg 2 year Forecast
$315.5M+24.91%
Avg 3 year Forecast
$371.6M+47.13%
CTLP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CTLP revenue growth forecast

How is CTLP forecast to perform vs Information Technology Services companies and vs the US market?
Company
12.41%
Industry
4.76%
Market
9.2%
CTLP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CTLP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CTLP vs Information Technology Service Stocks

TickerPricePrice TargetUp/downsideConsensus
CTLP$6.16$10.00+62.34%Strong Buy
DMRC$22.59N/AN/A
TTEC$8.34$13.00+55.88%Hold
UIS$5.48N/AN/A
BBAI$1.45$3.83+164.34%Buy

Cantaloupe Stock Forecast FAQ

Is Cantaloupe Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: CTLP) stock is to Strong Buy CTLP stock.

Out of 2 analysts, 1 (50%) are recommending CTLP as a Strong Buy, 1 (50%) are recommending CTLP as a Buy, 0 (0%) are recommending CTLP as a Hold, 0 (0%) are recommending CTLP as a Sell, and 0 (0%) are recommending CTLP as a Strong Sell.

If you're new to stock investing, here's how to buy Cantaloupe stock.

What is CTLP's revenue growth forecast for 2024-2026?

(NASDAQ: CTLP) Cantaloupe's forecast annual revenue growth rate of 12.41% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of 4.76%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Cantaloupe's revenue in 2024 is $252,571,000.On average, 4 Wall Street analysts forecast CTLP's revenue for 2024 to be $20,072,323,152, with the lowest CTLP revenue forecast at $19,914,353,612, and the highest CTLP revenue forecast at $20,350,407,780. On average, 4 Wall Street analysts forecast CTLP's revenue for 2025 to be $22,966,368,801, with the lowest CTLP revenue forecast at $22,397,460,066, and the highest CTLP revenue forecast at $23,315,430,526.

In 2026, CTLP is forecast to generate $27,051,373,747 in revenue, with the lowest revenue forecast at $27,051,373,747 and the highest revenue forecast at $27,051,373,747.

What is CTLP's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: CTLP) forecast ROA is N/A, which is lower than the forecast US Information Technology Services industry average of 1.84%.

What is CTLP's Price Target?

According to 2 Wall Street analysts that have issued a 1 year CTLP price target, the average CTLP price target is $10.00, with the highest CTLP stock price forecast at $10.00 and the lowest CTLP stock price forecast at $10.00.

On average, Wall Street analysts predict that Cantaloupe's share price could reach $10.00 by Mar 25, 2025. The average Cantaloupe stock price prediction forecasts a potential upside of 62.34% from the current CTLP share price of $6.16.

What is CTLP's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: CTLP) forecast ROE is N/A, which is considered weak.
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