In recent developments, Cantaloupe (CTLP, Financial) has experienced a significant shift in its analyst ratings. On June 17, 2025, Benchmark analyst Mark Palmer downgraded the stock from a previous rating of 'Buy' to a new rating of 'Hold'. This change highlights a shift in market sentiment towards the company.
The announcement did not include any pricing targets or percentage changes related to Cantaloupe's (CTLP, Financial) stock valuation, indicating that the adjustment is primarily a recalibration of expectations rather than a reflection of immediate financial results or projections.
This update from Benchmark adds a notable point of consideration for investors who are tracking Cantaloupe's (CTLP, Financial) performance and its alignment with analyst perspectives. As of this rating change, stakeholders may revisit their investment strategies in light of the latest market insights.
Stay informed with further updates and analysis as developments unfold regarding Cantaloupe (CTLP, Financial) and its market positioning.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Cantaloupe Inc (CTLP, Financial) is $12.30 with a high estimate of $14.00 and a low estimate of $11.00. The average target implies an upside of 11.98% from the current price of $10.98. More detailed estimate data can be found on the Cantaloupe Inc (CTLP) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Cantaloupe Inc's (CTLP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cantaloupe Inc (CTLP, Financial) in one year is $9.14, suggesting a downside of 16.79% from the current price of $10.984. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cantaloupe Inc (CTLP) Summary page.
