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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy

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
1.26mentions of Cambium Networks in the last 14 days
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


CMBM stock logo

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

CMBM Stock News Headlines

Cambium Networks Corp CMBM
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
5 Analysts Have This to Say About Cambium Networks
Q3 2023 Cambium Networks Corp Earnings Call
Cambium (CMBM) Reports Q3 Loss, Tops Revenue Estimates
T-Mobile (TMUS) Q3 Earnings Beat Estimates
The Latest Analyst Ratings for Cambium Networks
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

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CMBM
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

Net Income
$20.20 million
Pretax Margin
-4.70%

Debt

Sales & Book Value

Annual Sales
$296.90 million
Cash Flow
$0.98 per share
Book Value
$4.71 per share

Miscellaneous

Free Float
11,675,000
Market Cap
$131.16 million
Optionable
Not Optionable
Beta
0.91
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Key Executives















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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