CPI Card Group Q2: Strong Growth, But Beware Of Margin Decline

CPI Card Group Inc. reported Q2 results with consistent financial momentum. Revenue momentum remained good, driven by Secure Card Solutions strength. Prepaid Solutions revenues have been more shaky for PMTS. PMTS' margin level has continued to decline. There are some transitory factors, but PMTS' margin trajectory is a clear focus point going forward. I estimate PMTS stock to have 62% upside to $37.7.

CPI Card Group Inc. (PMTS) reported the company’s Q2 results on the 6th of August. The payment solutions provider reported great organic growth and a raise to the 2026 revenue guidance, underlining good financial momentum.