Arculus Crypto Upgrade Drives Benchmark to Raise CompoSecure Price Target to $24

Benchmark Boosts CompoSecure Price Target to $24 on Arculus Crypto Upgrade

Benchmark has raised its price target for CompoSecure (NYSE: CMPO) to $24 from $17, highlighting operational momentum, M&A potential, and a key upgrade from its Arculus crypto wallet unit. CMPO shares gained 2.7% in early trading, trading around $21.

The stock has surged approximately 61% year-to-date, outperforming the S&P 500, supported by stronger execution since Resolute Holdings acquired a majority stake in September 2024, according to analyst Mark Palmer.

Palmer pointed to Arculus’s partnership with N. Exchange, a non-custodial crypto trading platform, as a strategic step into digital assets. With a smart order router and integration across multiple liquidity venues, Arculus’s cold storage wallets now support secure, efficient trading.

Benchmark sees this positioning as giving Arculus a competitive edge, particularly for enterprise clients seeking custody, liquidity, and execution in one platform. The firm maintained its buy rating and projects FY26 adjusted EBITDA of $174.8 million on $502.9 million in revenue, citing an attractive valuation if crypto adoption accelerates.