NEW YORK, January 9, 2026, 10:40 EST — Regular session
CompoSecure shares rose about 6.4% to $22.79 in morning trade on Friday, riding a fresh wave of attention after JPMorgan Chase agreed to take over Apple’s credit-card program from Goldman Sachs.
That matters for CompoSecure because Apple Card is a rare U.S. card program where the physical card itself is part of the brand, and the issuer shift gives Chase room — at least on paper — to revisit suppliers and product features over time. Apple and Chase said the transition is expected to take about 24 months and that Mastercard will remain the payment network.
TD Cowen reiterated a buy rating on CompoSecure and a $26 price target after the issuer switch was confirmed, saying the change could be a meaningful positive because CompoSecure is Chase’s exclusive metal card provider. The firm added a catch: Apple could still have a say on who makes the card, and the current titanium Apple Card is not made by CompoSecure.
Goldman, for its part, framed the deal as cleanup work. Chief Executive David Solomon said the transaction “substantially completes” a narrowing of focus in the bank’s consumer business, and Goldman said it expects a 46-cent boost to fourth-quarter 2025 earnings per share, largely from a loan-loss reserve release that offsets other hits tied to the exit. Goldman Sachs
CompoSecure also has its own corporate catalyst hanging over the tape. The company said on Dec. 24 that shareholders approved a share issuance tied to its proposed business combination with Husky Technologies, which it expected to close in January 2026, subject to customary conditions.
The Somerset, New Jersey-based company makes metal payment cards and sells security and authentication products through its Arculus brand, according to an earlier company release.
Recent insider disclosures did not point to fresh buying. Form 4 filings signed on Thursday by Chief Executive Jonathan Wilk and Chief Operating Officer Gregoire Maes showed shares withheld to cover taxes when restricted stock units — a common type of stock compensation — vested at the start of the year.
But the Apple Card angle is not a straight line. Any benefit for CompoSecure likely depends on whether Chase and Apple change the physical card and supplier, not just which bank services the accounts.
The next clear catalyst is the Husky transaction itself. In a Dec. 23 filing, CompoSecure said the deal is expected to close in January 2026, pending customary conditions and regulatory approvals.
