Should I buy or sell Cambium Networks stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMBM, but not buy additional shares or sell existing shares. View CMBM analyst ratings or view top-rated stocks .

What is Cambium Networks' stock price target for 2024?

6 brokerages have issued 12-month target prices for Cambium Networks' shares. Their CMBM share price targets range from $6.00 to $17.00. On average, they expect the company's stock price to reach $12.13 in the next year. This suggests a possible upside of 155.8% from the stock's current price. View analysts price targets for CMBM or view top-rated stocks among Wall Street analysts .

How have CMBM shares performed in 2023?

Cambium Networks' stock was trading at $21.67 at the beginning of the year. Since then, CMBM stock has decreased by 78.1% and is now trading at $4.74. View the best growth stocks for 2023 here .

When is Cambium Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our CMBM earnings forecast .

How were Cambium Networks' earnings last quarter?

Cambium Networks Co. (NASDAQ:CMBM) announced its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.52) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.32. The business had revenue of $43.05 million for the quarter, compared to analyst estimates of $42.95 million. Cambium Networks had a negative trailing twelve-month return on equity of 2.24% and a negative net margin of 5.50%.

What ETF holds Cambium Networks' stock ?

iShares North American Tech-Multimedia Networking ETF holds 29,704 shares of CMBM stock, representing 0.52% of its portfolio.

What guidance has Cambium Networks issued on next quarter's earnings?

Cambium Networks issued an update on its third quarter 2023 earnings guidance on Wednesday, October, 4th. The company provided earnings per share (EPS) guidance of $0.13-$0.13 for the period, compared to the consensus estimate of $0.17. The company issued revenue guidance of $40.00 million-$45.00 million, compared to the consensus revenue estimate of $64.18 million.

What is Atul Bhatnagar's approval rating as Cambium Networks' CEO?

27 employees have rated Cambium Networks Chief Executive Officer Atul Bhatnagar on Glassdoor.com . Atul Bhatnagar has an approval rating of 95% among the company's employees. This puts Atul Bhatnagar in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Cambium Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cambium Networks investors own include Occidental Petroleum (OXY) , Alibaba Group (BABA) , BCE (BCE) , British American Tobacco (BTI) , Carnival Co. & (CCL) , Cinemark (CNK) , Canadian Natural Resources (CNQ) , Energy Transfer (ET) , Etsy (ETSY) and General Motors (GM) .

When did Cambium Networks IPO?

(CMBM) raised $81 million in an initial public offering (IPO) on Wednesday, June 26th 2019. The company issued 5,800,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan and Goldman Sachs acted as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers.

Who are Cambium Networks' major shareholders?

Cambium Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (2.96%), Essex Investment Management Co. LLC (1.05%), Kennedy Capital Management LLC (0.96%), Connors Investor Services Inc. (0.91%), Skylands Capital LLC (0.89%) and Paradigm Capital Management Inc. NY (0.51%). Insiders that own company stock include Alexander R Slusky , Atul Bhatnagar , Bryan Sheppeck , Graaf Raymond De , Kevin J Lynch, Neal M Kurk, Ronald G Ryan , Sally Rau , Scott Imhoff , Stephen Cumming , Vector Capital, LLC and Vibhu Vivek . View institutional ownership trends .

How do I buy shares of Cambium Networks?

Shares of CMBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Cambium Networks Stock Price, News & Analysis (NASDAQ:CMBM)

$4.74

+0.07 (+1.50%)

(As of 12/1/2023 ET)

Compare

Today's Range: $4.65
▼
$4.87
50-Day Range: $3.54
▼
$7.92
52-Week Range: $3.53
▼
$23.26

Volume: 137,381 shs
Average Volume: 248,248 shs
Market Capitalization: $131.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.13

Cambium Networks MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 155.8% Upside
$12.13 Price Target
Short Interest: Healthy
3.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.92
Upright™ Environmental Score
News Sentiment: 1.26
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$62,743 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.67) to ($0.36) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Computer And Technology Sector

60th out of 592 stocks

Radio & T.V. Communications Equipment Industry

5th out of 20 stocks

4.2

Analyst's Opinion

Consensus Rating
Cambium Networks has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $12.13, Cambium Networks has a forecasted upside of 155.8% from its current price of $4.74.
Amount of Analyst Coverage
Cambium Networks has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.55% of the float of Cambium Networks has been sold short.
Short Interest Ratio / Days to Cover
Cambium Networks has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cambium Networks has recently increased by 0.85%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Cambium Networks does not currently pay a dividend.
Dividend Growth
Cambium Networks does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cambium Networks has received a 23.99% net impact score from Upright. Cambium Networks seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Telecommunications network maintenance for wireless connections", "Telecommunications network maintenance for fixed connections", and "Wireless access points" products. See details.
Environmental Sustainability
The Environmental Impact score for Cambium Networks is -0.92.

2.4

News and Social Media Coverage

News Sentiment
Cambium Networks has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Cambium Networks this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for CMBM on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cambium Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

5.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cambium Networks insiders have bought more of their company's stock than they have sold. Specifically, they have bought $62,743.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
57.80% of the stock of Cambium Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
88.37% of the stock of Cambium Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Cambium Networks are expected to grow in the coming year, from ($0.67) to ($0.36) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cambium Networks is -8.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cambium Networks is -8.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Cambium Networks has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cambium Networks Stock (NASDAQ:CMBM)

Cambium Networks Corporation, together with its subsidiaries, designs, develops, and manufactures wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6 access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMaestro X network management platform that provide users with an integrated, intelligent, and easy to use tool for end-to-end network management; cnHeat, a network planning subscription service that provides a heat map coverage model display of locations for FWB connectivity; LINKPlanner that allows users to visualize and analyze hypothetical network deployment scenarios to evaluate performance and reliability; and cnArcher, a smartphone app that accelerates installation and deployment of fixed wireless products by field technicians. The company's products are used by businesses, governments, and service providers to build, expand, and upgrade broadband networks. It serves public or private network operators; broadband internet service providers; mobile network operators; mid-market enterprises, such as education, hospitality, multi-dwelling units, and retail; state and local government; energy, mining, rail operator and utility industries; and military agencies in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. The was founded in 2011 and is headquartered in Rolling Meadows, Illinois.

CMBM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CMBM Stock News Headlines

December 1, 2023 | msn.com

Cambium Networks QoE solution for ISPs available through Duxbury Networking

November 24, 2023 | morningstar.com

Cambium Networks Corp CMBM

December 3, 2023 | DTI Trader (Ad)

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November 24, 2023 | americanbankingnews.com

Cambium Networks Co. (NASDAQ:CMBM) Given Average Recommendation of "Hold" by Brokerages

November 14, 2023 | finance.yahoo.com

Nextlink Drives Gigabit Service Expansion with 6 GHz Fixed Wireless Technology from Cambium Networks

November 12, 2023 | finance.yahoo.com

Cambium Networks Corporation's (NASDAQ:CMBM) market cap dropped US$21m last week; individual investors who hold 52% were hit as were institutions

November 7, 2023 | finance.yahoo.com

Cambium Networks Expands AI-powered Troubleshooting and Security

November 5, 2023 | finance.yahoo.com

Cambium Networks Corporation (NASDAQ:CMBM) Q3 2023 Earnings Call Transcript

December 3, 2023 | DTI Trader (Ad)

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November 3, 2023 | benzinga.com

Cambium Networks Stock (NASDAQ:CMBM), Analyst Ratings, Price Targets, Predictions

November 3, 2023 | markets.businessinsider.com

5 Analysts Have This to Say About Cambium Networks

November 3, 2023 | finance.yahoo.com

Q3 2023 Cambium Networks Corp Earnings Call

November 3, 2023 | finance.yahoo.com

Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

November 2, 2023 | finance.yahoo.com

Cambium Networks Reports Third Quarter 2023 Financial Results

November 2, 2023 | finance.yahoo.com

Cambium Networks Corp (CMBM) Reports Q3 2023 Financial Results: Revenues Decrease by 47% YoY

November 2, 2023 | finance.yahoo.com

Cambium (CMBM) Reports Q3 Loss, Tops Revenue Estimates

October 26, 2023 | finance.yahoo.com

Earnings Preview: Cambium (CMBM) Q3 Earnings Expected to Decline

October 25, 2023 | finance.yahoo.com

T-Mobile (TMUS) Q3 Earnings Beat Estimates

October 12, 2023 | businesswire.com

The Law Offices of Frank R. Cruz Continues Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

October 12, 2023 | finance.yahoo.com

Cambium Networks Corporation's (NASDAQ:CMBM) Intrinsic Value Is Potentially 41% Above Its Share Price

October 11, 2023 | msn.com

JP Morgan Maintains Cambium Networks (CMBM) Underweight Recommendation

October 10, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Cambium Networks

October 10, 2023 | finance.yahoo.com

Broadband Service Providers in the USA Can Be at the Head of the Line for Offering 6 GHz Outdoor Fixed Wireless with Cambium Networks

October 6, 2023 | benzinga.com

What's Going On With Cambium Networks (CMBM) Stock?

October 6, 2023 | tmcnet.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

October 5, 2023 | benzinga.com

The Law Offices of Frank R. Cruz Announces Investigation of Cambium Networks Corporation (CMBM) on Behalf of Investors

October 5, 2023 | msn.com

JMP Securities Downgrades Cambium Networks (CMBM)

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CMBM
CUSIP: N/A
CIK: 1738177
Web: www.cambiumnetworks.com
Phone: (888) 863-5250
Fax: N/A
Employees: 650
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.13
High Stock Price Target: $17.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +155.8%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.55)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $20.20 million
Net Margins: -5.50%
Pretax Margin: -4.70%
Return on Equity: -2.24%
Return on Assets: -1.21%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 2.37
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $296.90 million
Price / Sales: 0.44
Cash Flow: $0.98 per share
Price / Cash Flow: 4.85
Book Value: $4.71 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 27,670,000
Free Float: 11,675,000
Market Cap: $131.16 million
Optionable: Not Optionable
Beta: 0.91

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Key Executives

Mr. Andrew P. Bronstein CPA (Age 64)
Chief Financial Officer
Comp: $684.01k
Mr. Bryan Sheppeck (Age 57)
Senior Vice President of Global Sales
Comp: $481.07k
Mr. Morgan C. S. Kurk (Age 54)
CEO, President & Director
Mr. Raymond de Graaf (Age 56)
Senior Vice President of Operations
Mr. John M. Becerril (Age 56)
Global Controller, Chief Accounting Officer & Principal Accounting Officer
Mr. Nigel King
Chief Technical Officer
Mr. Peter Schuman
Senior Director of Investor & Industry Analyst Relations
Ms. Sally J. Rau (Age 64)
General Counsel
Comp: $511.69k
Ms. Mary Peterson
Senior VP & Chief Marketing Officer
Ms. Archana Nirwan
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Cambium Networks stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMBM, but not buy additional shares or sell existing shares.
View CMBM analyst ratings or view top-rated stocks.
What is Cambium Networks' stock price target for 2024?: 6 brokerages have issued 12-month target prices for Cambium Networks' shares. Their CMBM share price targets range from $6.00 to $17.00. On average, they expect the company's stock price to reach $12.13 in the next year. This suggests a possible upside of 155.8% from the stock's current price.
View analysts price targets for CMBM or view top-rated stocks among Wall Street analysts.
How have CMBM shares performed in 2023?: Cambium Networks' stock was trading at $21.67 at the beginning of the year. Since then, CMBM stock has decreased by 78.1% and is now trading at $4.74.
View the best growth stocks for 2023 here.
When is Cambium Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our CMBM earnings forecast.
How were Cambium Networks' earnings last quarter?: Cambium Networks Co. (NASDAQ:CMBM) announced its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.52) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.32. The business had revenue of $43.05 million for the quarter, compared to analyst estimates of $42.95 million. Cambium Networks had a negative trailing twelve-month return on equity of 2.24% and a negative net margin of 5.50%.
What ETF holds Cambium Networks' stock ?: iShares North American Tech-Multimedia Networking ETF holds 29,704 shares of CMBM stock, representing 0.52% of its portfolio.

What guidance has Cambium Networks issued on next quarter's earnings?: Cambium Networks issued an update on its third quarter 2023 earnings guidance on Wednesday, October, 4th. The company provided earnings per share (EPS) guidance of $0.13-$0.13 for the period, compared to the consensus estimate of $0.17. The company issued revenue guidance of $40.00 million-$45.00 million, compared to the consensus revenue estimate of $64.18 million.
What is Atul Bhatnagar's approval rating as Cambium Networks' CEO?: 27 employees have rated Cambium Networks Chief Executive Officer Atul Bhatnagar on Glassdoor.com. Atul Bhatnagar has an approval rating of 95% among the company's employees. This puts Atul Bhatnagar in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Cambium Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cambium Networks investors own include Occidental Petroleum (OXY), Alibaba Group (BABA), BCE (BCE), British American Tobacco (BTI), Carnival Co. & (CCL), Cinemark (CNK), Canadian Natural Resources (CNQ), Energy Transfer (ET), Etsy (ETSY) and General Motors (GM).
When did Cambium Networks IPO?: (CMBM) raised $81 million in an initial public offering (IPO) on Wednesday, June 26th 2019. The company issued 5,800,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan and Goldman Sachs acted as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers.
Who are Cambium Networks' major shareholders?: Cambium Networks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (2.96%), Essex Investment Management Co. LLC (1.05%), Kennedy Capital Management LLC (0.96%), Connors Investor Services Inc. (0.91%), Skylands Capital LLC (0.89%) and Paradigm Capital Management Inc. NY (0.51%). Insiders that own company stock include Alexander R Slusky, Atul Bhatnagar, Bryan Sheppeck, Graaf Raymond De, Kevin J Lynch, Neal M Kurk, Ronald G Ryan, Sally Rau, Scott Imhoff, Stephen Cumming, Vector Capital, LLC and Vibhu Vivek.
View institutional ownership trends.
How do I buy shares of Cambium Networks?: Shares of CMBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CMBM) was last updated on 12/3/2023 by MarketBeat.com Staff

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Cambium Networks Stock Price, News & Analysis (NASDAQ:CMBM)

Cambium Networks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cambium Networks Stock (NASDAQ:CMBM)

CMBM Stock Price History

CMBM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CMBM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™