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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
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The Small Biotech Scaring Big Pharma (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The Small Biotech Scaring Big Pharma (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
The Small Biotech Scaring Big Pharma (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The Small Biotech Scaring Big Pharma (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The Small Biotech Scaring Big Pharma (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
The Small Biotech Scaring Big Pharma (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The Small Biotech Scaring Big Pharma (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The Small Biotech Scaring Big Pharma (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
The Small Biotech Scaring Big Pharma (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
NASDAQ:CMBM

Cambium Networks - CMBM Stock Forecast, Price & News

$21.30
-1.23 (-5.46%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.72
$22.60
50-Day Range
$16.81
$23.49
52-Week Range
$12.40
$29.38
Volume
78,693 shs
Average Volume
140,280 shs
Market Capitalization
$575.85 million
P/E Ratio
51.95
Dividend Yield
N/A
Price Target
$26.86

Cambium Networks MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.1% Upside
$26.86 Price Target
Short Interest
Healthy
3.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.85mentions of Cambium Networks in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$410,969 Sold Last Quarter
Proj. Earnings Growth
80.00%
From $0.50 to $0.90 Per Share

Overall MarketRank

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

3.07 out of 5 stars

Computer And Technology Sector

81st out of 625 stocks

Radio & T.V. Communications Equipment Industry

2nd out of 26 stocks

CMBM stock logo

About Cambium Networks (NASDAQ:CMBM) Stock

Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for commercial and government network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF) algorithms, wireless-aware switches, and cloud-based network management software. The company offers point-to-point backhaul, point-to-multipoint distribution, Wi-Fi access, cnMatrix ethernet enterprise switching, cnReach IIoT, cnVision video surveillance transport, and cnMaestro and network management tools and solutions. It also offers point-to-point solutions that are connected to high-speed, high-bandwidth wireline networks; and wireless broadband backhaul to facilities or point-to-multipoint access points deployed throughout a network over distances of approximately 100 kilometers and at 2 gigabytes per second. The company also offers cnPilot and Xirrus Wi-Fi solution provides distributed access to individual users in indoor settings, such as office complexes, and outdoor settings, such as athletic stadiums and outdoor public Wi-Fi spots; cnReach solutions offer narrow-band connectivity for sensors and devices; embedded proprietary RF technology and software enables automated optimization of data flow at the outermost points in the network; cnMatrix cloud-managed wireless-aware switching solution provides the interface between wireless and wired networks; and cnVision solutions for video surveillance and CCTV deployments. It serves medium-sized wireless Internet service providers, mobile network operators, enterprises, and government agencies in North America, Europe, the Middle East, Africa, 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.

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CMBM Stock News Headlines

Here's Why Cambium (CMBM) is a Promising Portfolio Pick
Cambium (CMBM) Moves to Buy: Rationale Behind the Upgrade
CMBM Cambium Networks Corporation
Cambium Networks Reports Third Quarter 2022 Financial Results
Cambium Networks Earnings Preview
T-Mobile (TMUS) Misses Q3 Earnings and Revenue Estimates
Cambium (CMBM) Moves 6% Higher: Will This Strength Last?
J.P. Morgan Reaffirms Their Hold Rating on Cambium Networks (CMBM)
See More Headlines
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CMBM Company Calendar

Last Earnings
11/03/2022
Today
12/07/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CMBM
Fax
N/A
Employees
573
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.86
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+26.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$37.42 million
Pretax Margin
3.76%

Debt

Sales & Book Value

Annual Sales
$335.85 million
Cash Flow
$1.29 per share
Book Value
$4.21 per share

Miscellaneous

Free Float
11,220,000
Market Cap
$575.85 million
Optionable
Not Optionable
Beta
0.88

Key Executives

  • Mr. Atul BhatnagarMr. Atul Bhatnagar (Age 64)
    Pres, CEO & Director
    Comp: $1.35M
  • Ms. Sally J. RauMs. Sally J. Rau (Age 63)
    Gen. Counsel
    Comp: $511.69k
  • Mr. Bryan SheppeckMr. Bryan Sheppeck (Age 56)
    Sr. VP of Global Sales
    Comp: $659.26k
  • Mr. Andrew P. Bronstein CPA (Age 63)
    CPA, Chief Financial Officer
  • Mr. Raymond de Graaf (Age 55)
    Sr. VP of Operations
  • Mr. John M. Becerril (Age 55)
    Global Controller, Chief Accounting Officer & Principal Accounting Officer
  • Mr. Nigel King
    Chief Technical Officer
  • Mr. Peter Schuman
    Sr. Director of Investor & Industry Analyst Relations
  • Ms. Mary Peterson
    Sr. VP & Chief Marketing Officer
  • Ms. Aarti Sharma
    VP of Global HR













CMBM Stock - 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 twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CMBM shares.
View CMBM analyst ratings
or view top-rated stocks.

What is Cambium Networks' stock price forecast for 2023?

6 analysts have issued 1-year price objectives for Cambium Networks' shares. Their CMBM share price forecasts range from $17.00 to $45.00. On average, they predict the company's stock price to reach $26.86 in the next year. This suggests a possible upside of 26.1% 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 2022?

Cambium Networks' stock was trading at $25.63 at the beginning of 2022. Since then, CMBM shares have decreased by 16.9% and is now trading at $21.30.
View the best growth stocks for 2022 here
.

Are investors shorting Cambium Networks?

Cambium Networks saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 353,100 shares, a drop of 22.0% from the October 31st total of 452,700 shares. Based on an average daily trading volume, of 109,100 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.1% of the company's stock are short sold.
View Cambium Networks' Short Interest
.

When is Cambium Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our CMBM earnings forecast
.

How were Cambium Networks' earnings last quarter?

Cambium Networks Co. (NASDAQ:CMBM) posted its quarterly earnings results on Thursday, November, 3rd. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.12 by $0.20. The business earned $81.20 million during the quarter, compared to analyst estimates of $74.17 million. Cambium Networks had a trailing twelve-month return on equity of 10.73% and a net margin of 3.99%.

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

Cambium Networks updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $0.23-$0.27 for the period, compared to the consensus estimate of $0.28. The company issued revenue guidance of $80.00 million-$84.00 million, compared to the consensus revenue estimate of $82.86 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 served as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers.

What is Cambium Networks' stock symbol?

Cambium Networks trades on the NASDAQ under the ticker symbol "CMBM."

Who are Cambium Networks' major shareholders?

Cambium Networks' stock is owned by a variety of retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (3.47%), BlackRock Inc. (2.73%), Tributary Capital Management LLC (2.61%), Vanguard Group Inc. (2.16%), Polar Asset Management Partners Inc. (2.11%) and Federated Hermes Inc. (1.88%). Insiders that own company stock include Alexander R Slusky, Atul Bhatnagar, Bryan Sheppeck, Graaf Raymond De, 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.

What is Cambium Networks' stock price today?

One share of CMBM stock can currently be purchased for approximately $21.30.

How much money does Cambium Networks make?

Cambium Networks (NASDAQ:CMBM) has a market capitalization of $575.85 million and generates $335.85 million in revenue each year. The company earns $37.42 million in net income (profit) each year or $0.41 on an earnings per share basis.

How many employees does Cambium Networks have?

The company employs 573 workers across the globe.

How can I contact Cambium Networks?

Cambium Networks' mailing address is 3800 GOLF ROAD SUITE 360, ROLLING MEADOWS IL, 60008. The official website for the company is www.cambiumnetworks.com. The company can be reached via phone at (345) 943-3100 or via email at investors@cambiumnetworks.com.

This page (NASDAQ:CMBM) was last updated on 12/8/2022 by MarketBeat.com Staff