John Todaro, an analyst from Needham, maintained the Buy rating on CompoSecure. The associated price target was raised to $22.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
John Todaro has given his Buy rating due to a combination of factors, primarily driven by the robust growth in CompoSecure’s customer base, which is expected to continue through at least 2026. The fintech sector has been particularly strong, with companies like Robinhood and Gemini experiencing significant increases in new card approvals and cardholder growth month over month.
Furthermore, the recent launch of fintech offerings in 2025 is anticipated to contribute to this upward trend. Notably, American Express acquired 3.2 million new cards in the third quarter of 2025, while Robinhood’s cardholder numbers rose to 450,000 by September. Additionally, Gemini saw card approvals rise significantly, and Coinbase’s partnership with Amex for a bitcoin-back card is also performing well. Consequently, John Todaro has raised the price target to $22 per share and increased the 2025 and 2026 estimates, reflecting a stronger growth outlook.
In another report released on October 15, Benchmark Co. also maintained a Buy rating on the stock with a $24.00 price target.