Cantaloupe, Inc. Just Beat EPS By 591%: Here's What Analysts Think Will Happen Next

Cantaloupe, Inc. (NASDAQ:CTLP) shareholders are probably feeling a little disappointed, since its shares fell 5.2% to US$7.70 in the week after its latest quarterly results. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at US$75m, statutory earnings beat expectations by a notable 591%, coming in at US$0.65 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the most recent consensus for Cantaloupe from six analysts is for revenues of US$353.9m in 2026. If met, it would imply a sizeable 21% increase on its revenue over the past 12 months. Statutory earnings per share are expected to plunge 45% to US$0.45 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$359.0m and earnings per share (EPS) of US$0.47 in 2026. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

Check out our latest analysis for Cantaloupe

It might be a surprise to learn that the consensus price target was broadly unchanged at US$12.30, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Cantaloupe, with the most bullish analyst valuing it at US$14.00 and the most bearish at US$11.00 per share. This is a very narrow spread of estimates, implying either that Cantaloupe is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Cantaloupe's past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Cantaloupe'shistorical trends, as the 16% annualised revenue growth to the end of 2026 is roughly in line with the 14% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.2% annually. So it's pretty clear that Cantaloupe is forecast to grow substantially faster than its industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Cantaloupe. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at US$12.30, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Cantaloupe analysts - going out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 2 warning signs for Cantaloupe you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.