Cantaloupe, Inc. (CTLP)

Over the past six months, Cantaloupe entered into an agreement to be acquired by 365 Retail Markets for approximately $848 million in cash. The company received a second request from the FTC regarding the sale, causing the stock to fall. Cantaloupe announced the departure of its CTO and was downgraded to a Sell rating by Barrington. Cantaloupe reported its Q1 2026 earnings per share (EPS) of -$0.02, missing analysts' expectations. Cantaloupe reported strong Q2 FY2025 results, with revenue increasing 12.8% year-over-year to $73.7 million. Between January 6, 2025, and January 5, 2026, the stock price increased by 18.69%, trading at $10.71 as of January 9, 2026.

Demand for Cantaloupe, Inc.'s products and services can experience some seasonality, as evidenced by lower-than-anticipated revenue in Q3 2025 due to weather events and delays in equipment purchases. Adverse weather conditions can affect traffic in customer locations, impacting transaction revenue in the unattended retail market.

Cantaloupe, Inc. is a technology company specializing in self-service commerce, providing an integrated platform that combines digital payments, cloud software, and IoT hardware. The company's core business involves enabling cashless payment systems and offering comprehensive management solutions for various self-service devices. Major products and services include cashless payment solutions like ePort devices, vending management software through the Seed platform, micro-market solutions, Cantaloupe Go and Cheq software for mobile point-of-sale, Smart Store Series for advanced self-service retail, and API services via its Seed API product.

Cantaloupe, Inc. has an established market presence in the US, Europe (including the UK), Australia, and Mexico, serving over 31,000 customers globally.

Cantaloupe's brand reputation has been shaped by its focus on innovation and strategic expansion, alongside challenges related to its acquisition. The company launched its new Smart Store Series and acquired Cheq Lifestyle Technologies, expanding its offerings into sports and entertainment venues. The acquisition by 365 Retail Markets and subsequent regulatory scrutiny introduced uncertainty. The announcement of a CTO departure could also be a point of consideration for brand stability.

Cantaloupe, Inc. has 329 institutional owners and shareholders, holding a total of 78,326,540 shares, with major institutional owners including Hudson Executive Capital LP, BlackRock, Inc., and Vanguard Group Inc. Individual insiders own approximately 11.2% of the company's shares.