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What Should Investors Make of These 3 Dividend Cuts?
Why did Biden repeal Trump's Executive Order?! (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
The 4th Military Revolution is Happening (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Constellation Brands Taps into Growth: Analysts Bullish on Stock
The 4th Military Revolution is Happening (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why did Biden repeal Trump's Executive Order?! (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
The 4th Military Revolution is Happening (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Constellation Brands Taps into Growth: Analysts Bullish on Stock
The 4th Military Revolution is Happening (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why did Biden repeal Trump's Executive Order?! (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
The 4th Military Revolution is Happening (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Constellation Brands Taps into Growth: Analysts Bullish on Stock
The 4th Military Revolution is Happening (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why did Biden repeal Trump's Executive Order?! (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
The 4th Military Revolution is Happening (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Constellation Brands Taps into Growth: Analysts Bullish on Stock
The 4th Military Revolution is Happening (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:CMBM

Cambium Networks (CMBM) Stock Forecast, Price & News

$16.04
+0.34 (+2.17%)
(As of 06/2/2023 ET)
Compare
Today's Range
$15.66
$16.05
50-Day Range
$14.07
$17.73
52-Week Range
$12.65
$24.19
Volume
73,779 shs
Average Volume
97,817 shs
Market Capitalization
$439.66 million
P/E Ratio
17.43
Dividend Yield
N/A
Price Target
$23.33

Cambium Networks MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
45.5% Upside
$23.33 Price Target
Short Interest
Bearish
3.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.90mentions of Cambium Networks in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$450,987 Sold Last Quarter
Proj. Earnings Growth
31.03%
From $0.87 to $1.14 Per Share

Overall MarketRank

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

2.80 out of 5 stars

Computer And Technology Sector

48th out of 604 stocks

Radio & T.V. Communications Equipment Industry

2nd out of 25 stocks


CMBM stock logo

About Cambium Networks (NASDAQ:CMBM) Stock

Cambium Networks Corp. engages in the provision of wireless broadband networking infrastructure solutions for network operators. Its products include point-to-point, enterprise Wi-Fi and switching, CCTV,software, and point-to multipoint. The company was founded in 2011 and is headquartered in Rolling Meadows, IL.

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CMBM Stock News Headlines

“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Q1 2023 Cambium Networks Corp Earnings Call
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Cambium Networks (NASDAQ:CMBM) Price Target Cut to $20.00
See More Headlines

CMBM Price History

CMBM Company Calendar

Last Earnings
5/08/2023
Today
6/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

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
$23.33
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+45.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$20.20 million
Pretax Margin
8.19%

Debt

Sales & Book Value

Annual Sales
$296.90 million
Cash Flow
$1.00 per share
Book Value
$5.57 per share

Miscellaneous

Free Float
11,565,000
Market Cap
$439.66 million
Optionable
Not Optionable
Beta
0.81

Key Executives

  • Atul BhatnagarAtul Bhatnagar
    President, Chief Executive Officer & Director
  • Raymond de Graaf
    Senior Vice President-Operations
  • Andrew P. Bronstein
    Chief Financial Officer
  • Nigel Jonathan Richard King
    Chief Technology Officer
  • Mary Peterson
    Chief Marketing Office & Senior Vice President













CMBM Stock - Frequently Asked Questions

Should I buy or sell Cambium Networks stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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?

3 Wall Street analysts have issued 12 month target prices for Cambium Networks' stock. Their CMBM share price forecasts range from $20.00 to $25.00. On average, they predict the company's stock price to reach $23.33 in the next year. This suggests a possible upside of 45.5% 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 start of the year. Since then, CMBM shares have decreased by 26.0% and is now trading at $16.04.
View the best growth stocks for 2023 here
.

Are investors shorting Cambium Networks?

Cambium Networks saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 404,600 shares, an increase of 82.1% from the April 30th total of 222,200 shares. Based on an average trading volume of 75,900 shares, the days-to-cover ratio is presently 5.3 days. Currently, 3.4% of the company's shares are sold short.
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, August 3rd 2023.
View our CMBM earnings forecast
.

How were Cambium Networks' earnings last quarter?

Cambium Networks Co. (NASDAQ:CMBM) released its quarterly earnings data on Monday, May, 8th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. The company had revenue of $77.40 million for the quarter, compared to analysts' expectations of $76.78 million. Cambium Networks had a trailing twelve-month return on equity of 18.04% and a net margin of 8.34%.

What ETFs hold Cambium Networks' stock?

ETFs with the largest weight of Cambium Networks (NASDAQ:CMBM) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN) and Defiance Next Gen Connectivity ETF (FIVG).First Trust Dow Jones Select Microcap Index Fund (FDM).

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

Cambium Networks issued an update on its second quarter 2023 earnings guidance on Monday, May, 8th. The company provided EPS guidance of $0.15-$0.27 for the period, compared to the consensus EPS estimate of $0.26. The company issued revenue guidance of $72.00 million-$80.00 million, compared to the consensus revenue estimate of $80.77 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 number of retail and institutional investors. Top institutional shareholders include Rice Hall James & Associates LLC (3.21%), BlackRock Inc. (2.97%), Tributary Capital Management LLC (2.49%), AIGH Capital Management LLC (1.94%), Royce & Associates LP (1.64%) and Dimensional Fund Advisors LP (1.50%). 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 $16.04.

How much money does Cambium Networks make?

Cambium Networks (NASDAQ:CMBM) has a market capitalization of $439.66 million and generates $296.90 million in revenue each year. The company earns $20.20 million in net income (profit) each year or $0.92 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 (888) 863-5250 or via email at investors@cambiumnetworks.com.

This page (NASDAQ:CMBM) was last updated on 6/3/2023 by MarketBeat.com Staff

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