CPI Card Group is a company that provides payment technology and card solutions, such as credit and debit cards. Craig Irwin, an analyst at Roth Capital, has recently adjusted his price target for CPI Card Group. The target is now set at $25.00, a decrease from the previous target of $30.00.
At the time the target was set, the stock was trading at $15.99. This new price target suggests a potential upside of approximately 56.35%. An upside is the potential percentage increase that an analyst believes a stock could reach from its current price level.
This outlook is supported by CPI Card Group's recent financial performance. As highlighted by Zacks, CPI Card Group reported strong first-quarter results with earnings of $0.38 per share. This amount is significantly higher than the Zacks Consensus Estimate of $0.24 per share. A consensus estimate is the average forecast from a group of analysts.
CPI Card Group's revenue also shows positive momentum. For the quarter ending in March 2026, revenues were over $147.00 million, surpassing the consensus estimate by more than 10%. This figure represents a solid increase from the revenues of approximately $122.70 million reported in the same quarter a year ago.
However, the lowered price target may reflect some underlying caution. The reported earnings of $0.38 per share are slightly below the $0.40 per share from the same period last year. This aligns with analyst expectations for a year-over-year decline in earnings, even with the growth in revenue.
