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Cantaloupe ( (CTLP) ) has provided an update.
On June 15, 2025, Cantaloupe, Inc. entered into a merger agreement to be acquired by 365 Retail Markets, LLC in an all-cash transaction valued at approximately $848 million. This merger, unanimously approved by Cantaloupe’s Board of Directors, is expected to close in the second half of 2025, pending shareholder and regulatory approvals. The transaction aims to combine the strengths of both companies, enhancing their offerings in unattended retail technologies and expanding their customer base and product suite across North America, Latin America, and Europe. The merger is anticipated to unlock significant synergies, including customer cost savings and growth through new product rollouts, increased software adoption, and payments expansion. Upon completion, Cantaloupe will become a privately-held company, and its common stock will be delisted from public stock exchanges.
The most recent analyst rating on (CTLP) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Cantaloupe stock, see the CTLP Stock Forecast page.
Spark’s Take on CTLP Stock
According to Spark, TipRanks’ AI Analyst, CTLP is a Outperform.
Cantaloupe receives a strong score due to solid financial performance, positive earnings call outcomes, and bullish technical indicators. The company’s ability to grow revenue and profits while maintaining low leverage and efficient operations is a significant strength. Valuation remains fair, though the absence of a dividend yield could deter some investors. The company’s outlook is optimistic, driven by strategic growth initiatives and effective management.
To see Spark’s full report on CTLP stock, click here.
More about Cantaloupe
Cantaloupe, Inc. is a global technology leader specializing in unattended commerce solutions. The company offers a comprehensive suite of products including micro-payment processing, self-checkout kiosks, mobile ordering, connected point of sale systems, and enterprise cloud software. Cantaloupe serves over 30,000 customers across various sectors such as food & beverage markets, smart automated retail, hospitality, and entertainment venues, handling more than a billion transactions annually.
Average Trading Volume: 618,744
Technical Sentiment Signal: Strong Buy
Current Market Cap: $694.1M
Learn more about CTLP stock on TipRanks’ Stock Analysis page.