DA Davidson Reaffirms Buy Rating on CPI Card, Reduces Price Target to $30

Written by Emily J. Thompson, Senior Investment Analyst

Source: Benzinga

Updated: Nov 05 2025

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PMTS-0.3%

Should l Buy PMTS?

Source: Benzinga

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PMTS

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Analyst Views on PMTS

Wall Street analysts forecast PMTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PMTS is 28.25 USD with a low forecast of 25.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Analyst Rating

4 Buy

0 Hold

0 Sell

Strong Buy

Current: 13.170

Low

25.00

Averages

28.25

High

30.00

Current: 13.170

Low

25.00

Averages

28.25

High

30.00

B. Riley

Buy

downgrade

$34 -> $28

2025-11-10

Reason

B. Riley

Price Target

$34 -> $28

AI Analysis

2025-11-10

downgrade

Buy

Reason

B. Riley lowered the firm's price target on CPI Card Group to $28 from $34 and keeps a Buy rating on the shares. CPI Card Group reported Q3 EPS of 19c, up 79% year over year, though revenue growth was partly driven by the Arroweye acquisition, with organic growth down 1%, the analyst tells investors in a research note. EBITDA margins declined 130basis points due to product mix, startup costs at the new Indiana facility, and tariffs, leading the company to revise 2025 EBITDA guidance to flat-to-slightly up.

DA Davidson

Peter Heckmann

Buy

downgrade

$32 -> $30

2025-11-05

Reason

DA Davidson

Peter Heckmann

Price Target

$32 -> $30

2025-11-05

downgrade

Buy

Reason

DA Davidson analyst Peter Heckmann lowered the firm's price target on CPI Card Group to $30 from $32 and keeps a Buy rating on the shares. The company reported Q3 results, with total revenue matching the firm's forecast and adjusted EBITDA coming in 4% above the forecast, the analyst tells investors in a research note. CPI management has also modestly trimmed their revenue and adjusted EBITDA growth guidance for 2025, the form added.

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About PMTS

CPI Card Group Inc. is a payments technology company providing a comprehensive range of payment cards and related digital solutions. The Company’s segments include Debit and Credit, Prepaid Debit and Other. The Debit and Credit segment primarily produces secure debit and credit cards and provides card services, including digital services, for United States card-issuing financial institutions. Products produced by this segment primarily include payment cards, including contact, contactless, eco-focused, and magnetic stripe cards. This segment also provides personalization services; instant issuance solutions, which provide customers with the ability to issue an instant personalized debit or credit card on-demand within a customer location; and other payment solutions such as digital push provisioning. The Prepaid Debit segment primarily provides secure packaging solutions, Prepaid Debit Cards, and other integrated prepaid card services to prepaid program managers in the United States.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Insider Buying Update for Monday, December 8: CRM, PMTS

Dec 08 2025NASDAQ.COM

Salesforce Insider Purchase: G. Mason Morfit, Director of Salesforce, purchased 96,000 shares of CRM for $25.02 million at $260.58 each, with Salesforce's stock up about 0.7% on Monday.
CPI Card Group Investment: Director H. Sanford Riley bought 200,000 shares of CPI Card Group for $2.70 million at $13.51 each, marking his fourth purchase of PMTS in the past year, with an average investment of $17.78 per share.
Riley's Profit: Following the latest purchase, Riley is currently up about 18.4% based on CPI Card Group's trading high of $16.00 on Monday.
Disclaimer: The views expressed in the report are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.

CPI Card Group Shareholders Acquire 2.1 Million Shares in Strategic Moves

Dec 05 2025Newsfilter

Shareholder Acquisition: Tricor Pacific Capital Inc. purchased 1.9 million shares of CPI common stock in private transactions, increasing its direct ownership to approximately 20%, which reflects strong confidence in the company's growth potential.
Management Investment: CPI's Chairman H. Sanford Riley also acquired 200,000 shares, demonstrating management's solid support for the company's strategy and enhancing market confidence in CPI's future.
Ownership Structure Change: Parallel49 Equity's stake decreased from 4.8 million shares (about 42%) to 2.7 million shares (approximately 24%), which will help optimize CPI's long-term shareholder structure and improve governance transparency.
Lock-Up Agreement: Tricor and Riley entered into a one-year lock-up agreement with CPI, restricting the sale of newly acquired shares, which ensures long-term commitment from shareholders and helps stabilize the company's stock price while boosting investor confidence.

CPI and Nymbus Unveil Effortless Integration for Instant Card Issuance

Nov 18 2025Newsfilter

New Partnership Announcement: CPI Card Group has partnered with Nymbus to integrate its Card@Once® instant issuance solution with the Nymbus Core Platform, enabling financial institutions to quickly print and activate payment cards in-branch.
Enhanced Customer Experience: The integration streamlines the card issuance process, reducing wait times and allowing customers to leave with a fully functional debit card within minutes, thus improving overall service efficiency.
Investment in Technology: CPI is focusing on a unified payments issuance strategy by investing in scalable, API-driven platforms that enhance both digital and physical card solutions for fintechs and financial institutions.
Positive Feedback from Clients: Financial institutions like PeoplesBank have reported excellent experiences with the integration, highlighting the ease of use and time-saving benefits for both staff and customers.