CPI Card Group Q2 revenue rises on increased contactless card sales
PMTS•Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell".
The average consensus recommendation for the consumer lending peer group is "buy".
Wall Street's median 12-month price target for CPI Card Group Inc is $27.50, about 21% above its August 5 closing price of $22.73.
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago.
Guidance raised for 2026
The company raised its 2026 revenue growth outlook to high-single to low-double digits and lifted free cash flow guidance to $45 million-$50 million.
CPI also increased its 2026 IPT segment revenue growth target to about 20%.
Quarterly results and key drivers
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Sales | Beat | $149.18 mln | $143.93 mln (4 Analysts) |
| Q2 Net Income | Miss | $2.04 mln | $3.20 mln (4 Analysts) |
| Q2 Basic EPS | $0.18 | ||
| Q2 Gross Profit | $48.49 mln | ||
| Q2 Income From Operations | $11.86 mln |
Result drivers
