Cantaloupe (CTLP) to Release Earnings on Thursday

Cantaloupe (NASDAQ:CTLP) is projected to post its Q3 2026 results before the market opens on Thursday, May 14th. Analysts expect Cantaloupe to post earnings of $0.10 per share and revenue of $85.60 million for the quarter. Individuals can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:00 PM ET.

Cantaloupe (NASDAQ:CTLP) last released its earnings results on Wednesday, May 6th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $78.69 million during the quarter. Cantaloupe had a net margin of 1.15% and a return on equity of 4.94%.

Cantaloupe Price Performance

CTLP opened at $11.20 on Tuesday. The stock has a fifty day moving average of $10.72 and a 200-day moving average of $10.64. The firm has a market capitalization of $825.66 million, a P/E ratio of 62.22 and a beta of 1.00. Cantaloupe has a 12-month low of $7.57 and a 12-month high of $11.21. The company has a quick ratio of 1.31, a current ratio of 1.83 and a debt-to-equity ratio of 0.14.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings upgraded Cantaloupe from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Wall Street Zen upgraded Cantaloupe to a “hold” rating in a report on Saturday, February 21st. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Cantaloupe currently has a consensus rating of “Hold” and an average target price of $12.60.

Hedge Funds Weigh In On Cantaloupe

Several hedge funds have recently bought and sold shares of CTLP. Alliancebernstein L.P. increased its position in Cantaloupe by 3,808.0% during the second quarter. Alliancebernstein L.P. now owns 1,740,226 shares of the technology company’s stock worth $19,125,000 after buying an additional 1,695,696 shares during the last quarter. Qube Research & Technologies Ltd increased its position in Cantaloupe by 346.8% during the third quarter. Qube Research & Technologies Ltd now owns 1,936,945 shares of the technology company’s stock worth $20,474,000 after buying an additional 1,503,453 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in Cantaloupe by 60.1% during the second quarter. Disciplined Growth Investors Inc. MN now owns 3,173,351 shares of the technology company’s stock worth $34,875,000 after buying an additional 1,191,748 shares during the last quarter. Marshall Wace LLP increased its position in Cantaloupe by 345.9% during the fourth quarter. Marshall Wace LLP now owns 1,500,281 shares of the technology company’s stock worth $15,933,000 after buying an additional 1,163,818 shares during the last quarter. Finally, Water Island Capital LLC acquired a new position in Cantaloupe during the second quarter worth $10,384,000. 75.75% of the stock is owned by institutional investors and hedge funds.

About Cantaloupe

Cantaloupe, Inc (NASDAQ: CTLP), formerly known as USA Technologies, is a provider of cashless payment and point-of-sale solutions for the unattended retail market. The company develops and distributes IoT-enabled hardware and software that enable vending machines, kiosks, micro markets, laundry machines and other self-service devices to accept credit and debit cards, mobile wallets and contactless payments. Its ePort® terminals integrate with back-end systems to process transactions securely and comply with the latest EMV and PCI standards.

At the core of Cantaloupe’s offering is its cloud-based ePort Connect® platform, which facilitates real-time remote monitoring, device management and data analytics.