
Cantaloupe, Inc (CTLP) Stock Forecast & Price Target
Cantaloupe, Inc (CTLP) Analyst Ratings
Bulls say
Cantaloupe Inc's stock demonstrated remarkable performance, rallying by 15.7% to $10.99 following the announcement of a bid from 365, which represents an approximately 18% premium to the company's prior closing price. The valuation associated with this deal suggests a multiple of nearly 14 times the consensus FY26E adjusted EBITDA, reflecting confidence in the company’s sustained growth prospects. Notably, Cantaloupe reported impressive year-over-year growth in revenue and adjusted EBITDA of 11.1% and 36.6%, respectively, in its most recent quarter, indicating a strong operational performance that supports a positive market outlook.
Bears say
Cantaloupe Inc. recently announced an acquisition agreement with 365 Retail Markets for $848 million, translating to $11.20 per share, which has led to a downgrade in its stock recommendation from Buy to Hold. Analysts express concerns that the bid is perceived as light compared to a previous price target of $13, indicating potential undervaluation of Cantaloupe's long-term prospects. Furthermore, the likelihood of another suitor making a higher bid appears minimal, reducing investor optimism regarding future valuation and the potential for stock appreciation.
This aggregate rating is based on analysts' research of Cantaloupe, Inc and is not a guaranteed prediction by Public.com or investment advice.
Cantaloupe, Inc (CTLP) Analyst Forecast & Price Prediction
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