Analyst Price Target is $13.33
▲ +33.87% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Cantaloupe in the last 3 months. The average price target is $13.33, with a high forecast of $17.00 and a low forecast of $11.00. The average price target represents a 33.87% upside from the last price of $9.96.
Current Consensus is
The current consensus among 3 contributing investment analysts is to buy stock in Cantaloupe. This Buy consensus rating has held steady for over two years.
Cantaloupe, Inc., a software and payments company, provides technology solutions for the unattended retail market. The company is transforming the unattended retail community by offering integrated solution for payments processing, logistics, and back-office management. The company's enterprise-wide platform is designed to enhance consumer engagement and sales revenue through digital payments, digital advertising, and customer loyalty programs, as well as providing retailers with control and visibility over operations and inventory. It serves customers ranging from vending machine companies to operators of micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements, and others. Cantaloupe, Inc. has a strategic partnership with Bakkt Holdings, LLC to bring a cashless experience for consumers to spend digital assets at unattended retail devices. The company was formerly known as USA Technologies, Inc. Cantaloupe Inc. was founded in 1992 and is headquartered in Malvern, Pennsylvania.