Q2 Earnings Forecast for Cantaloupe Issued By William Blair

Cantaloupe, Inc. (NASDAQ:CTLP) – Research analysts at William Blair reduced their Q2 2025 EPS estimates for shares of Cantaloupe in a report issued on Friday, November 8th. William Blair analyst C. Kennedy now forecasts that the technology company will post earnings of $0.06 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Cantaloupe’s current full-year earnings is $0.32 per share. William Blair also issued estimates for Cantaloupe’s Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.33 EPS and FY2026 earnings at $0.53 EPS.

Cantaloupe (NASDAQ:CTLP) last released its earnings results on Thursday, November 7th. The technology company reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04. Cantaloupe had a net margin of 4.90% and a return on equity of 7.62%. The business had revenue of $70.84 million during the quarter, compared to analysts’ expectations of $70.54 million. During the same quarter in the previous year, the company earned $0.02 earnings per share.

CTLP has been the subject of several other reports. Benchmark increased their price objective on Cantaloupe from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Barrington Research reiterated an “outperform” rating and issued a $10.00 target price on shares of Cantaloupe in a research report on Monday, November 4th. Craig Hallum lowered their price target on shares of Cantaloupe from $13.00 to $11.00 and set a “buy” rating on the stock in a research report on Wednesday, September 11th. Finally, Northland Securities increased their price objective on shares of Cantaloupe from $10.00 to $12.00 and gave the company an “outperform” rating in a report on Monday.

Cantaloupe Price Performance

Shares of Cantaloupe stock opened at $9.19 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.49 and a quick ratio of 1.10. The business has a 50 day simple moving average of $7.98 and a two-hundred day simple moving average of $7.20. The stock has a market capitalization of $670.78 million, a P/E ratio of 54.06 and a beta of 1.68. Cantaloupe has a 12 month low of $5.74 and a 12 month high of $9.67.

Insider Activity

In other news, CEO Ravi Venkatesan acquired 8,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average cost of $6.30 per share, for a total transaction of $50,400.00. Following the completion of the transaction, the chief executive officer now owns 136,658 shares in the company, valued at approximately $860,945.40. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Cantaloupe news, Director Douglas Bergeron purchased 13,866 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were acquired at an average price of $7.15 per share, with a total value of $99,141.90. Following the purchase, the director now directly owns 192,185 shares in the company, valued at approximately $1,374,122.75. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ravi Venkatesan purchased 8,000 shares of the stock in a transaction dated Friday, September 13th. The shares were acquired at an average price of $6.30 per share, with a total value of $50,400.00. Following the completion of the acquisition, the chief executive officer now owns 136,658 shares in the company, valued at approximately $860,945.40. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 57,866 shares of company stock valued at $416,302. 6.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Susquehanna Fundamental Investments LLC lifted its holdings in shares of Cantaloupe by 53.2% in the 1st quarter. Susquehanna Fundamental Investments LLC now owns 50,333 shares of the technology company’s stock worth $324,000 after acquiring an additional 17,479 shares during the last quarter. Jupiter Asset Management Ltd. lifted its stake in Cantaloupe by 11.4% during the first quarter. Jupiter Asset Management Ltd. now owns 34,558 shares of the technology company’s stock worth $222,000 after purchasing an additional 3,536 shares in the last quarter. Archon Capital Management LLC boosted its position in shares of Cantaloupe by 8.2% during the first quarter. Archon Capital Management LLC now owns 1,434,125 shares of the technology company’s stock worth $9,221,000 after buying an additional 108,423 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Cantaloupe by 23.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 17,109 shares of the technology company’s stock valued at $111,000 after buying an additional 3,197 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Cantaloupe by 152.7% in the 1st quarter. Janus Henderson Group PLC now owns 99,321 shares of the technology company’s stock valued at $638,000 after buying an additional 60,013 shares during the period. Institutional investors and hedge funds own 75.75% of the company’s stock.

Cantaloupe Company Profile

Cantaloupe, Inc, a digital payments and software services company, provides technology solutions for self-service commerce market. The company offers integrated solutions for payments processing, logistics, and back-office management. It also provides G11 cashless and pulse kits that are 4G LTE digital payment devices for payment and consumer engagement applications; G11 chip kit, a digital reader that accepts contact EMV and contactless EMV payment methods; Engage series comprising Engage and Engage Combo, which are digital touchscreen devices that offers networking, security, and interactivity payment methods; and card touchscreen card readers, including P66, P100, P100Pro, and P30.