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Cantaloupe Inc has a consensus price target of $11 based on the ratings of 5 analysts. The high is $12 issued by Northland Capital Markets on November 11, 2024. The low is $9 issued by Berenberg on October 3, 2023. The 3 most-recent analyst ratings were released by Northland Capital Markets, Barrington Research, and Benchmark on November 11, 2024, November 8, 2024, and November 8, 2024, respectively. With an average price target of $11.67 between Northland Capital Markets, Barrington Research, and Benchmark, there's an implied 29.63% upside for Cantaloupe Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cantaloupe (NASDAQ:CTLP) was reported by Northland Capital Markets on November 11, 2024. The analyst firm set a price target for $12.00 expecting CTLP to rise to within 12 months (a possible 33.33% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Cantaloupe (NASDAQ:CTLP) was provided by Northland Capital Markets, and Cantaloupe maintained their outperform rating.
There is no last upgrade for Cantaloupe
There is no last downgrade for Cantaloupe.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cantaloupe, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cantaloupe was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Cantaloupe (CTLP) rating was a maintained with a price target of $10.00 to $12.00. The current price Cantaloupe (CTLP) is trading at is $9.00, which is out of the analyst’s predicted range.
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