CompoSecure stock price target raised to $22 from $18 at Needham

Investing.com - Needham has raised its price target on CompoSecure Inc. (NASDAQ:CMPO) to $22.00 from $18.00 while maintaining a Buy rating on the stock. Currently trading at $19.72, CMPO is approaching its 52-week high of $21.00, having delivered an impressive 81.15% return over the past six months. According to InvestingPro data, analyst consensus remains bullish with price targets ranging from $16.00 to $24.00.

The firm cited strong card growth among CompoSecure’s customer base, which Needham believes will persist through at least 2026. Fintech has been a particular area of strength, with companies like Robinhood and Gemini experiencing impressive new card approvals and holder growth month over month. The company maintains a healthy gross profit margin of 51.04%, and InvestingPro analysis reveals 14 additional key insights about CMPO’s performance and outlook.

Specific customer metrics mentioned include American Express acquiring 3.2 million new cards in Q3 2025, while JPMorgan Chase reported that debit and credit sales volumes "remained resilient in Q3 2025."

Robinhood reached 450,000 cardholders in September, up from 300,000 in Q2 2025, while Gemini saw approximately 30,000 card approvals in August, doubling from about 15,000 in July and up significantly from around 500 in January 2025.

Coinbase’s newly launched 4% bitcoin-back card, in partnership with American Express , is also seeing strong adoption, contributing to Needham’s decision to increase its 2025 and 2026 calendar year estimates for CompoSecure.

In other recent news, CompoSecure Inc. reported its second-quarter 2025 earnings, revealing a significant miss on earnings per share (EPS) with a result of -$0.07, compared to the forecasted $0.21. Despite this, the company achieved an impressive revenue beat, recording $119.6 million against an expected $110.62 million. Benchmark has responded to these developments by raising its price target for CompoSecure from $17 to $24, maintaining a Buy rating. Meanwhile, JPMorgan downgraded the stock to Underweight due to valuation concerns, setting a price target of $16. Additionally, CompoSecure announced the appointment of Mary Holt as the new Chief Financial Officer, effective after the Q3 2025 report, succeeding Tim Fitzsimmons. The company also plans to transfer its stock listing from Nasdaq to the New York Stock Exchange while keeping its current ticker symbol, CMPO. These developments reflect significant strategic and financial shifts for CompoSecure.

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