Cantaloupe’s Strong Financial Performance and Growth Prospects Earn Buy Rating from Gary Prestopino

Analyst Gary Prestopino of Barrington maintained a Buy rating on Cantaloupe (CTLP – Research Report), retaining the price target of $14.00.

Gary Prestopino has given his Buy rating due to a combination of factors including Cantaloupe’s strong financial performance and growth prospects. Despite facing challenges such as adverse weather events and economic uncertainties, Cantaloupe reported a significant year-over-year increase in revenue and adjusted EBITDA for Q3/25. The company’s revenue of $75.4 million marked an 11.1% increase, while adjusted EBITDA rose by 36.6%, surpassing expectations.
Furthermore, Cantaloupe demonstrated resilience with improvements in its gross margins across various segments. The adjusted gross margin increased to 41.6%, driven by higher margins in subscription, transaction, and equipment sales. These financial metrics, along with the company’s strategic focus on transforming the unattended retail market with integrated technology solutions, underpin Prestopino’s optimistic outlook and Buy rating for Cantaloupe’s stock.

According to TipRanks, Prestopino is a 5-star analyst with an average return of 13.7% and a 54.41% success rate. Prestopino covers the Consumer Cyclical sector, focusing on stocks such as Dorman Products, ACV Auctions, and Commercial Vehicle Group.